Selling a multifamily property in Los Angeles is one of the biggest financial decisions you'll ever make. Whether you own a duplex in Silver Lake or a 50-unit complex in Koreatown, the process requires specialized expertise, precise market timing, and a broker who truly understands the LA apartment market.
At The Group CRE, we've closed over $488 million in multifamily transactions across Los Angeles. Here's our insider guide to maximizing your sale price and closing with confidence.
Before listing, you need to know exactly what your building is worth. A proper multifamily valuation goes far beyond a simple comp analysis. Your broker should evaluate your property's cap rate, gross rent multiplier (GRM), price per unit, and price per square foot relative to recent comparable sales in your submarket.
The Group CRE offers complimentary property valuations for apartment building owners across Los Angeles. We analyze current rents versus market rents, identify value-add opportunities, and provide a comprehensive opinion of value backed by real transaction data.
First impressions matter. Before going to market, consider addressing deferred maintenance, improving curb appeal, and organizing your financial documents. Buyers and their lenders will want to see at least two years of operating statements, a current rent roll, and copies of all leases.
A great multifamily broker will help you identify which improvements offer the best return on investment and which aren't worth the expense before listing.
This is the most critical decision in the entire process. The best multifamily brokers in Los Angeles bring three things to the table: deep buyer relationships, expert market knowledge, and a proven track record of closing deals at top-of-market pricing.
Taylor Avakian and The Group CRE specialize exclusively in LA apartment building sales. Our focused approach means we know every active buyer, every recent comp, and every submarket trend that could impact your sale price.
Selling an apartment building isn't like selling a house. The buyer pool is different, the marketing channels are different, and the negotiation dynamics are completely unique. Your broker should have a proprietary database of qualified 1031 exchange buyers, institutional investors, and private capital sources actively looking for LA multifamily deals.
The Group CRE markets every listing through targeted buyer outreach, commercial listing platforms, and our extensive network of repeat multifamily investors throughout Southern California.
Once you're in escrow, the real work begins. Due diligence on apartment buildings involves property inspections, title review, estoppel certificates from tenants, and lender requirements. An experienced multifamily broker manages this entire process, keeping the deal on track and solving problems before they become deal-killers.
The Group CRE has a 95%+ close rate on accepted offers because we qualify buyers thoroughly upfront and manage every detail of the escrow process.
If you're considering selling your apartment building in Los Angeles, the first step is a confidential property valuation. Contact Taylor Avakian at The Group CRE today at (916) 996-4421 or taylor@thegroupcre.com to learn what your building is worth in today's market.
Most apartment building sales in Los Angeles take 60 to 120 days from listing to close, depending on property size, pricing accuracy, and market conditions. Working with an experienced multifamily broker like The Group CRE can help streamline the process.
Typical seller costs include broker commissions, escrow and title fees, transfer taxes, and any negotiated credits. The Group CRE provides a detailed net proceeds estimate during our complimentary property valuation so you know exactly what to expect.
