The best way to choose a broker is to start by requesting a Broker Opinion of Value (BOV), where the broker presents a valuation of your property based on comparable sales and detailed financial underwriting. Use this process as an opportunity to interview the agent in-person or over a video call. Ask about their track record, marketing strategy, team structure, and available resources.

Be sure to review recent client testimonials, request to speak with past clients, and most importantly, work with a specialist who has proven experience selling your type of asset in your specific submarket.

Our team would be happy to provide a complimentary property valuation, which you can request here.

Absolutely, a properly structured 1031 exchange allows you to defer capital gains taxes by exchanging your Los Angeles multifamily property for replacement property virtually anywhere in the United States, including in a different state or an entirely different asset class. The IRS requires only that both the relinquished and replacement properties be held for investment use. This means you can exchange out of an apartment building into single-tenant triple-net (NNN) retail, industrial properties, Delaware Statutory Trusts (DSTs), or other multifamily or single-family assets in markets like Texas, Florida, or the Southeast.

Many of our Los Angeles multifamily clients use 1031 exchanges to diversify geographically, reduce management responsibilities with passive NNN or DST investments, or reposition into higher-growth markets.

Yes, we frequently work with clients who have recently inherited apartment buildings in Los Angeles, and we specialize in trust and estate sales, handling both probate and non-probate scenarios.

Navigating inherited multifamily properties often involves unique challenges, such as coordinating with multiple successors, beneficiaries, or trustees who may have differing goals and timelines. Our team has extensive experience guiding families through these complex trust sales, ensuring clear communication and a smooth process that respects everyone involved while maximizing the property’s value.

We also help clients understand key tax considerations, including potential property tax reassessments under Proposition 19 and capital gains implications tied to the stepped-up basis from inheritance.