 
        
        
      
    
    Beverly Hills Multifamily Broker
The Glaser Group is a leading Beverly Hills multifamily broker specializing in helping owners sell apartment buildings in Beverly Hills and throughout Los Angeles.
Our team combines deep local expertise, investor relationships, and proven results to maximize value for every Beverly Hills apartment building sale.
Our Recent Multifamily Sales in Beverly Hills
9912 & 9916 Durant Drive, Beverly Hills, CA 90212
Sold for $5,600,000 | 8 Units Across Two Parcels
After nearly 50 years of being owned and operated by the same family, these side-by-side 4-plexes on Durant Drive were eventually passed down to a 3rd generation owner. He came to us tired of the day-to-day management of owning apartment buldings in Beverly Hills and seeking advice on how he could 1031 exchange the proceeds from a sale into a more passive vehicle with higher returns. We educated him on triple-net (NNN) investments, and he ultimately hired us to facilitate the sale and exchange out of his apartment buildings into a more suitable real estate investment.
After running a comprehensive, multi-channel marketing campaign, our team's process culminated in an open house which brought out 18 buyer groups and generated 16 offers in total, several of them being all-cash with zero contingencies.
While our highest offer came in below a 3.5% cap rate, we ultimately moved forward with a non-contingent & all-cash offer made by a 1031 exchange buyer. We were able to facilitate a smooth, painless escrow process with a 14-day closing period. With significant equity freed up, we then helped our client 1031 exchange the funds into a passive NNN retail investment in the Midwest which offer much better returns.
9561 W Olympic Blvd, Beverly Hills, CA 90212
Sold for $5,050,000 | 8 Units near Roxbury Park
Our seller was a young investor who inherited a portfolio of Beverly Hills and Los Angeles real estate assets, comprised of both multifamily and single family residential properties. Looking to diversify some of his holdings outside of California, he identified 9561 W Olympic Blvd as a “problem” asset that he would benefit from offloading. The property was a beautiful courtyard style 8-unit on the corner of Camden & Olympic, with all 2-bedroom and 3-bedroom floor plans. Our client interviewed The Glaser Group along with two other local brokers, and ultimately picked us for our deep track record in the area and multifamily specialization.
By leveraging our strong local ties in the Beverly Hills apartment market, our team was able to secure 6 strong offers within the first 2 weeks of marketing the property. We ultimately decided to accept a fully non-contingent offer from an experienced local investor.
As part of a broader portfolio sale, we assisted our client in leveraging this newly freed-up equity to execute a multi-asset 1031 exchange into out-of-state investments.
Meet Your Beverly Hills Multifamily Expert
Jake Glaser: Top 1% Beverly Hills Apartment Broker
Jake Glaser is the Principal Broker & Founder of The Glaser Group, specializing in the sale of apartment buildings in Beverly Hills & Los Angeles. Jake is one of the highest transacting apartment building brokers in LA, with over $55 million personally closed in 2024 across 25 transactions. He advises his clients in the acquisition and disposition of multifamily properties across the city, ranging from 4-plexes up to large apartment complexes in the $1M - $25M range. In total, he has closed over $187 million of commercial and multifamily volume within LA County, and he is the #2 producing agent at Lyon Stahl Investment Real Estate.
In addition to multifamily and commercial dispositions, he specializes in 1031 exchanges on a national level, having helped countless clients reposition their portfolios by trading their assets into local and out-of-state multifamily, triple-net, and DST opportunities.
Let’s connect today to start an honest, open dialogue about your unique situation to see how we can better your position, whether it be now or in the future.
 
        
        
      
    
     
        
        
      
    
     
                        