Jared Levine



SOLD: 3 apartment buildings in the last 30 days, totaling $11,425,000

Hirsch Sherman and Jared Levine of KW Commercial Calabasas have closed escrow on three apartment buildings in the last 30 days totaling 84 units, and $11,425,000.


5258 Newcastle Ave, Encino is a 32-unit property built in 1964 that was sold for $5,800,000. This was an off-market transaction in which Sherman and Levine represented the buyer.




5101-15 Melrose Ave., Hollywood, is a 42-unit property built in 1923 that was sold for $4,000,000. This property was listed by Henry Garcia of KW Commercial, in which Sherman and Levine secured a buyer and closed on the transaction before it ever went to market. 



5529 Harold Way, Hollywood is a 10-unit property built in 1939 that was sold for $1,625,000. The property was 60 percent vacant and escrow closed in less than 20 days on an all-cash basis. Sherman and Levine represented both buyer and seller.