Luxe Villas Sold for $49.5 Million in Brentwood
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 hour ago
0mins
Should l Buy MMI?
Source: Businesswire
- Significant Transaction Value: Luxe Villas sold for $49.5 million, translating to an impressive $824,900 per unit, reflecting the high value and demand for properties in the Brentwood area of Los Angeles.
- Scarcity of Transactions: This sale represents one of only three transactions of post-2000 built assets with over 50 units in Brentwood over the past 25 years, highlighting the scarcity and investment appeal of the Brentwood market.
- Prime Location: Located in Brentwood, Luxe Villas is surrounded by neighborhoods with average annual household incomes exceeding $213,000 and is within walking distance of over 2 million square feet of office space, attracting high-income tenants and enhancing the property's investment value.
- Modern Amenities: The property features a central courtyard, rooftop lounge, and electric vehicle charging stations, with upgraded units that meet the market's demand for high-quality living environments, further increasing rental potential.
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Analyst Views on MMI
Wall Street analysts forecast MMI stock price to rise
1 Analyst Rating
0 Buy
0 Hold
1 Sell
Moderate Sell
Current: 25.650
Low
29.00
Averages
29.00
High
29.00
Current: 25.650
Low
29.00
Averages
29.00
High
29.00
About MMI
Marcus & Millichap, Inc. is a real estate services company specializing in commercial real estate investment sales, financing services, research, and advisory services. It also offers market research, consulting and advisory, and leasing services to its clients. Through its Commercial Real Estate Services, it provides equity advisory services and loan sales, loan guarantees, consulting, and advisory services. It serves clients with one property, multiple properties, and large investment portfolios. Through its Real Estate Brokerage, it represents commercial property owners as their investment broker in the sale of their properties. Its auction services division offers an accelerated way to buy and sell commercial property. Its financing division provides other services, such as loan sales and due diligence, and receives recurring loan performance fees from certain lenders. It provides advisory and consulting services in forming investment strategy and making transaction decisions.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- Significant Transaction Value: Hancock Terrace was sold for $75 million, translating to $275,735 per unit, marking one of the largest suburban core asset sales in Santa Barbara County in the last 25 years, indicating strong demand in the multifamily housing market.
- Diverse Market Strategy: IPA successfully facilitated this transaction by leveraging a broad buyer pool and accommodating various investment objectives, particularly the strategic plan to convert the asset into affordable housing, reflecting the company's flexibility and foresight in meeting market demands.
- Quality Amenities Offered: The property features a mix of studio, one-, two-, and three-bedroom units with nine-foot ceilings, stainless steel appliances, and private patios, along with amenities such as a swimming pool, 24-hour fitness center, and yoga studio, enhancing its rental appeal and income potential.
- Prime Location: Hancock Terrace is situated near Santa Maria Town Center, major highways, and key employers, which boosts its investment value and future leasing demand, further solidifying IPA's market position in the region.
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- Significant Transaction Value: Luxe Villas sold for $49.5 million, translating to an impressive $824,900 per unit, reflecting the high value and demand for properties in the Brentwood area of Los Angeles.
- Scarcity of Transactions: This sale represents one of only three transactions of post-2000 built assets with over 50 units in Brentwood over the past 25 years, highlighting the scarcity and investment appeal of the Brentwood market.
- Prime Location: Located in Brentwood, Luxe Villas is surrounded by neighborhoods with average annual household incomes exceeding $213,000 and is within walking distance of over 2 million square feet of office space, attracting high-income tenants and enhancing the property's investment value.
- Modern Amenities: The property features a central courtyard, rooftop lounge, and electric vehicle charging stations, with upgraded units that meet the market's demand for high-quality living environments, further increasing rental potential.
See More
- Significant Transaction Value: Luxe Villas sold for $49.5 million, translating to $824,900 per unit, indicating strong demand in the high-end multifamily market and reflecting investors' ongoing interest in quality assets.
- Scarcity of Transactions: This sale represents one of only three post-2000 built assets with over 50 units to trade in Brentwood in the last 25 years, highlighting the scarcity and investment potential of high-end residential properties in the area.
- Prime Location: Luxe Villas is within walking distance of Brentwood Village and over 2 million square feet of office space, with convenient access to Silicon Beach employment centers, further enhancing the property's appeal and rental potential.
- Modern Amenities: The property features a central courtyard, rooftop lounge, and electric vehicle charging stations, with upgraded units catering to high-income households, thereby increasing its market competitiveness and tenant attraction.
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- Industry Warning: James Cameron's letter to Senator Mike Lee highlights that Netflix's proposed acquisition of Warner Bros. Discovery could lead to massive job losses in Hollywood and fundamentally alter the U.S. theatrical landscape, impacting one of America's largest export sectors.
- Film Industry Impact: Cameron emphasizes that Warner Bros. releases about 15 films annually, which are crucial for theater operations, and the merger would reduce the number of films produced, limiting filmmakers' choices and consequently reducing job opportunities.
- Regulatory Concerns: Senator Lee noted receiving feedback from actors and directors expressing concerns about the Netflix-Warner Bros. merger, indicating a plan for follow-up hearings to further address these issues, reflecting heightened regulatory scrutiny on the transaction.
- Netflix's Position: In its written testimony, Netflix committed to supporting theatrical releases of Warner Bros. films and plans to invest $20 billion in film and TV production by 2026, asserting that the merger will increase production investments, although Cameron questions the sustainability of these commitments.
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- Profit Performance Improvement: Marcus & Millichap reported a fourth-quarter profit of $13.31 million, translating to earnings per share of $0.34, which marks a significant increase from last year's $8.55 million and $0.22 per share, reflecting the company's robust performance in the market.
- Revenue Growth: The company's revenue for the fourth quarter reached $243.95 million, up 1.6% from $240.08 million last year, indicating stable revenue generation amidst a competitive real estate market.
- Enhanced Profitability: The earnings per share increased by 54.5% compared to the previous year, which not only boosts investor confidence but also provides a stronger financial foundation for future capital operations.
- Optimistic Market Outlook: With the growth in profit and revenue, Marcus & Millichap solidifies its market position in the real estate sector, which is expected to attract more investor interest in its future growth potential.
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- Significant Revenue Growth: Marcus & Millichap reported total revenue of $244 million for Q4 2025, reflecting a 2% increase year-over-year, while adjusted EBITDA surged from $9 million in 2024 to $25 million, showcasing the company's resilience in a complex market environment.
- Record Transaction Volume: The firm completed nearly 9,000 transactions in Q4, totaling over $50 billion, with notable growth in private client and financing segments, as the private client business accounted for 65% of brokerage revenue at $133 million, indicating strong market demand.
- Accelerated Talent Expansion: The company achieved nearly 100 net additions to its sales force in 2025, marking the highest growth in seven years, which enhances its competitive position in the market and lays a solid foundation for future business growth.
- AI-Driven Efficiency Improvements: The firm is strategically advancing the application of AI technologies to enhance operational efficiency and reduce costs; although acquisition plans have not yet materialized, management remains optimistic about future market prospects, emphasizing a continued focus on client value propositions.
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