Filip Niculete

Commercial Real Estate Broker @ Marcus & Millichap / LAAA Team (LA Apartment Advisors)

[Filip Niculete @FNiculete]

@JordanSchachtel

[Filip Niculete @FNiculete]

@dillonliam

[LAAA Team | Marcus & Millichap @LaaaTeam]

***JUST CLOSED***

First open-market sale in roughly 30 years from a long-held family estate

All-cash close, recorded about six weeks after launch

Priced off the LAAA Team's own recent Van Nuys closings (6716 Sylmar, 6228 Fulton)

Non-RSO (AB 1482 only), 12-unit mix a half-mile from LA Valley College

Closed at $2,910,000
$242,500 per Unit
$302.68 per SqFt
5.85% CAP
10.08 GRM

https://t.co/Bkea0r84kX

#LAAA #MarcusMillichap #Multifamily #RealEstate #CRE

[Filip Niculete @FNiculete]

@ClaireMPLS

[Filip Niculete @FNiculete]

Finally got to 82-0 @KingJames

[LAAA Team | Marcus & Millichap @LaaaTeam]

***JUST CLOSED***

4 Units | Burbank Media District

Closed at roughly 98% of asking after a first escrow was canceled and the property was re-marketed

Multiple competing offers within about two weeks of the April relaunch

About 17% rental upside with major capital items already completed (new roof, copper re-pipe, new water main) and rear-garage ADU optionality

Qualified for residential (not commercial) four-unit financing, a key advantage of two-to-four-unit buildings

Closed at $1,590,000
4.37% CAP | 14.88 GRM

https://t.co/PeKYYUWmN3

#LAAA #MarcusMillichap #Multifamily #RealEstate #CRE

[Tyler Bindi @TripleNetTyler]

Went to vote today for the California primaries

The guy next to me called over an election worker because his ballot didn't include the LA mayoral race

The worker checked and told him it was because his registered address was in Malibu, which is outside the City of LA

The guy then asked if he could provide another address

To my surprise, the answer was yes

So he gave the worker an LA address, they voided his previous ballot, issued a new one, and suddenly he was able to vote for the mayor of LA

How is voter ID not mandatory in all 50 states?

[Filip Niculete @FNiculete]

@JakehellerAI

[Filip Niculete @FNiculete]

@DonovanBuilds @ryanwardSD

[Filip Niculete @FNiculete]

@SinaiLawFirm @raeforla Hahaha

[Filip Niculete @FNiculete]

@SinaiLawFirm @ThinkAppraiser I got one in Culver City

[LAAA Team | Marcus & Millichap @LaaaTeam]

***JUST LISTED***

Delivered Ready-to-Issue entitlement for a 150-unit ED1 mixed-use building over ground-floor retail

16,220 square foot hard corner at Robertson Boulevard and Beverlywood Street

100% affordable program with 149 affordable units plus one manager unit, 62,833 buildable square feet

Priced at $7,995,000
$53,300 per Buildable Unit
$127.24 per Land SqFt

For more information, please contact us at:

Filip Niculete
Senior Managing Director
818-212-2748
[email protected]
License: CA: 01905352

Glen Scher
Senior Managing Director
818-212-2808
[email protected]
License: CA: 01962976

https://t.co/7tBBHTrFem

#LAAA #MarcusMillichap #Multifamily #RealEstate #CRE #Development

[Filip Niculete @FNiculete]

@data168 Behind NUAI

[Traded: Los Angeles @tradedla]

SALE
IMAGE: Kevin Zarabi, Ramin Ghaneeian, Steve Scheibe & Kitty Wallace
DATE: 05/21/2026
ADDRESS: 11418 Missouri Avenue
MARKET: Los Angeles
ASSET TYPE: Multifamily

BUYER: Housing Authority of the City of Los Angeles
SELLER: Kevin Zarabi - Eris Development; Ramin Ghaneeian & Steve Scheibe of Generation Real Estate Partners
SELLER'S REP: Kitty Wallace - Colliers

SALE PRICE: $16,650,000
UNITS: 44 ~ PPU: $378,409
SF: 23,180 ~ PPSF: $718

NOTE: Record Price Per Square Foot.

#LosAngeles #RealEstate #tradedla #LA #LosAngelesRealEstate #California #LARealEstate #CaliRealEstate #TradedPartner #Multifamily #KittyWallace #Colliers #KevinZarabi #ErisDevelopment #RaminGhaneeian #SteveScheibe #GenerationRealEstatePartners #HousingAuthorityoftheCityofLosAngeles

[Taylor Avakian @TAYVAY_]

This deal just hit market in Hollywood. 196 Units

It was part of and Opp Zone fund that was started in 2019 by the sellers.

Given it has not been 10 years since they bought it, you can tell that the 'faith' that values will reach 2019 levels by 2029 in Los Angeles are low.

This is what happens when it becomes impossible to run and maintain a master metered building, where the city removes the 2% rent increases to keep up with costs. The insurance costs are likely $1500+ per unit and the expense ratio, on a STABILIZED building are probably 55%.

Oh and the city/state is looking to get rid of RUBS which is the only thing that would make this building even operable at a profit if your looking forward.

Crazy times in Los Angeles Real Estate.

[Filip Niculete @FNiculete]

@TripleNetTyler @shantiryle @TripleNetFef @ItsKasum Haha

[Miranda Devine @mirandadevine]

Another brilliant @spencerpratt ad!

[Filip Niculete @FNiculete]

@spencerpratt

[Filip Niculete @FNiculete]

@friedberg inspired me! @spencerpratt