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.

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.

You should choose The Glaser Group because we combine deep local expertise, a proven track record, and a full-service team approach to deliver the best results for our clients. Our principal broker, Jake Glaser, personally oversees every deal as your main point of contact, supported by a dedicated team available 7 days a week. We’re the #1 producing team at Lyon Stahl, with over $215 million closed in Los Angeles County alone and a 97% list-to-close ratio.

Our “no stone unturned” marketing approach spans MLS, CoStar, LoopNet, Crexi, direct cold-calling, a 40,000+ investor database, and social campaigns generating 35M+ impressions annually. Whether it’s a straightforward disposition, a complex 1031 exchange, or repositioning into NNN or DST assets nationwide, we bring the experience, resources, and relationships to maximize value and execute seamlessly.

We take a “no stone unturned” approach to marketing every property we represent. This includes traditional channels like the MLS, CoStar, LoopNet, and Crexi, as well as targeted cold call campaigns in the surrounding area.

We also leverage digital marketing heavily—our email database reaches over 40,000 investors & brokers, and last year our social media campaigns generated 35 million impressions across platforms like LinkedIn, X (Twitter) and Instagram. Our listings are also marketed internally within the brokerage to Lyon Stahl’s team of 100+ multifamily agents.

To determine a list price, we start by collecting key information such as the current rent roll, profit & loss statement, and relevant background on the property and ownership history. With this data, we conduct detailed financial underwriting and a comparative sales analysis to establish an accurate value, usually presented in a range. As experts in multifamily valuation—with a 97% list-to-close ratio—we pride ourselves on pricing properties strategically to achieve successful outcomes.

When you hire The Glaser Group, our Principal Broker & Founder, Jake Glaser, will always be your main point of contact, guiding every step of your transaction. Supporting Jake is our full team: Senior Associate Spencer Chan, Associate Ryan Haggerty, Marketing Coordinator Ana Madrid, and Transaction Coordinator Mishan Wright. We’re all available seven days a week by phone or email to ensure a seamless & ultra responsive experience for our clients.

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.

Preparing your property for sale starts with simple touch-ups and cosmetic improvements that can boost curb appeal and create a strong first impression. From there, it’s important to gather and organize your books and records—such as tenant leases, utility bills, service contracts, and receipts for major repairs—so we’re able to provide a clear picture of the property’s history, condition, and performance. We recommend walking the property with our team so we can strategize together on the best way to position and present your asset to the market.

Throughout the listing and escrow process, we stay in constant communication with you via text, phone, or email—whichever method you prefer. During the marketing period, we also provide a weekly Friday update with key details such as marketing progress, buyer engagement data, offers, and real-time insights. Included in this is our Buyer Feedback Table, which tracks and shares actual feedback directly from buyers assessing the property. Beyond that, our team is always available by phone or email, 7 days a week, to ensure you’re never left wondering where things stand.

Closing costs in Los Angeles multifamily sales are generally modest compared to the overall transaction size. Sellers customarily cover items such as the broker’s commission, city and county transfer taxes, their own escrow fees, and the owner’s title insurance policy. Other expenses—like repair credits or additional reports—are negotiable, but overall, closing costs are straightforward and typically represent a small percentage of the total sale price. A good rule of thumb is to tack on an additional 0.5%-1% on top of the commissions.

The timeline to sell an apartment building in Los Angeles varies based on pricing and property type. In today’s market, we typically see a 2–4 week marketing period to secure the right buyer, followed by another 30–60 days to close escrow. That said, we’ve also completed sales in as little as three weeks—with fully non-contingent escrows opening within seven days of listing—so while the process usually takes one to four months, some deals can move much faster.

There is no specific requirement to notify a tenant that the property is for sale. However, there is a special notice to use for showing the property. The 120-day notice relates to the right of entry to show the property — it is not prerequisite to selling the property.  California law allows the landlord to provide a written notice that the property is for sale – and for 120 days thereafter the landlord may schedule entry to the unit to exhibit it to potential purchasers with an oral (e.g., by phone) 24-hour notice, rather than a written 24-hour notice.

Our commission structure is competitive and transparent, typically aligning with market standards for Los Angeles multifamily sales. In most cases, the Seller covers the total commission, which is split between the listing broker and the buyer’s broker. For larger transactions, our fees usually tier down to lower percentages as the deal size increases, ensuring our clients receive cost-efficient representation on bigger deals. We never want fee to get in the way of getting a deal done.

Whether to sell your Los Angeles multifamily properties individually or as a portfolio depends on your specific goals, the properties' locations, performance, and current market conditions.

Selling them one at a time often allows you to maximize value for each asset by targeting buyers specifically interested in that building’s submarket, unit mix, or upside potential. It also spreads out your capital gains tax liability and gives you flexibility to reinvest proceeds through sequential 1031 exchanges while keeping some properties for ongoing cash flow.

If your portfolio is large, selling all together can command a premium pricing multiple since it appeals to larger institutional buyers and private equity groups seeking scale in Los Angeles. Large portfolios typically trade at lower cap rates due to the efficiency and diversification they offer. A portfolio sale also allows you to combine your 1031 exchange funds, and the transaction can be simpler with just one escrow & marketing process.

The large majority of our clients do not hire an attorney during escrow, as most Los Angeles multifamily transactions use standardized California Association of Realtor (CAR) forms designed to protect both buyers and sellers. That said, we are not attorneys and cannot provide legal advice—so while it’s not typically necessary, we never discourage clients from retaining their own counsel if it gives them added peace of mind.