California-based Marcus & Millichap Inc., a commercial real estate brokerage firm, has divested two separate multifamily portfolios in the San Fernando Valley, Los Angeles, totaling 61 units between four buildings.

Marcus & Millichap sold both San Fernando Valley portfolios for a total purchase price of $11.8 million.

The first portfolio comprises of two buildings at 19340 Wyandotte St. in Reseda and 15534 Chase St. in North Hills, acquired by SEJ Reseda LLC and 15534 Chase LLC respectively.

The second Marcus portfolio comprised of two buildings next door to each other, 11557 and 11565 Erwin St. in North Hollywood, acquired by U.S. apartments solutions provider Taylor Equities.