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Selling Your Los Angeles Multifamily Apartment Building: A Comprehensive Guide

June 29, 2023 · 3 min read

Are you considering selling your Los Angeles multifamily apartment building? Whether you're facing rising costs, ready to retire from property management, or simply want to cash out while values remain strong, selling doesn't need to be complicated. The key is choosing the right buyer and the right process.

At The Beverly Group, we are not just investors—we are an experienced Los Angeles real estate developer and active multifamily buyer. We specialize in helping owners sell directly, quickly, and without the stress of repairs, commissions, or endless showings.

Why Los Angeles Owners Decide to Sell

Owning a multifamily building in Los Angeles can be rewarding, but it can also bring challenges:

  • Tenant turnover and rent control compliance
  • Rising insurance and operating costs
  • Deferred maintenance and aging building systems
  • The desire to reinvest capital into other opportunities

In neighborhoods from West Adams to Hollywood, Koreatown to the San Fernando Valley, many multifamily owners are deciding it's time to transition out of management and unlock their equity.

The Advantage of Selling Off-Market

While listing on the open market may sound like the default choice, many Los Angeles owners find it costly and unpredictable. Selling directly to a buyer like The Beverly Group provides benefits such as:

  • No commissions or broker fees
  • No repairs or upgrades required
  • Faster closing timelines—often 30 days or less
  • Privacy and discretion, avoiding months of marketing and showings

Selling "As Is"

Renovations in Los Angeles are expensive and time-consuming, especially when permits or tenant relocations are involved. Selling as-is eliminates that burden.

As a Los Angeles real estate developer, we have the resources to handle deferred maintenance, seismic retrofits, or full repositioning projects. Sellers can transfer those responsibilities to us and still achieve a fair cash price.

Neighborhoods Where We Buy

We actively acquire multifamily buildings across Los Angeles County, including:

  • Westside Los Angeles: Beverly Hills, Cheviot Hills, Palms, Westwood, Brentwood, Pacific Palisades
  • Central Los Angeles: Koreatown, Mid-Wilshire, Miracle Mile, Hancock Park, Windsor Square, Fairfax, Pico-Union
  • Hollywood & Hills: East Hollywood, Los Feliz, Hollywood Hills, Thai Town, Franklin Village
  • San Fernando Valley: Sherman Oaks, Studio City, Encino, North Hollywood, Tarzana, Woodland Hills
  • Eastside & Northeast LA: Silver Lake, Echo Park, Highland Park, Eagle Rock, Glassell Park, El Sereno
  • South Los Angeles: Leimert Park, Baldwin Hills, Historic West Adams, University Park, View Heights

Wherever your building is located—from a duplex in Venice to a 50-unit property in Downtown LA—we are a ready and active buyer.

The Process of Selling to The Beverly Group

  1. Submit Your Property Information - Provide your building's address, unit count, and rent roll.
  2. Assessment & Cash Offer - Within 48–72 hours, we'll evaluate the property and present a fair, no-obligation offer.
  3. Agreement & Contract - If the offer works for you, we prepare a straightforward contract with clear terms.
  4. Closing & Payment - Escrow is completed in as little as 30 days. Funds are wired directly to you.

Frequently Asked Questions

Can I sell my multifamily property with tenants in place? Yes. We purchase properties occupied, vacant, or in transition.

Do you buy smaller buildings like duplexes or triplexes? Absolutely. We consider properties of all sizes—from two units to large apartment communities.

Who pays the closing costs? In most cases, The Beverly Group covers them.

Is there a minimum occupancy requirement? No. Whether your building is fully leased or partially vacant, we are still interested.

Do you buy across Los Angeles County? Yes. From Santa Monica and Marina del Rey on the coast to Pasadena and Monterey Park inland, we purchase multifamily buildings throughout Los Angeles.

Why Work With The Beverly Group

We are a family-owned, experienced Los Angeles real estate developer with a 25+year track record in multifamily. Our reputation is built on straightforward transactions, discretion, and the ability to close on time.

For many Los Angeles multifamily owners, working with The Beverly Group means avoiding the headaches of traditional listings while securing a fair outcome. Whether your building is newly renovated or in need of work, we can provide a clear path to closing.

Conclusion

Selling your Los Angeles multifamily property doesn't have to be stressful. By working directly with an active buyer and Los Angeles real estate developer like The Beverly Group, you can skip repairs, bypass commissions, and close on your terms.

If you're ready to discuss selling your multifamily building—whether it's in West Adams, Hollywood, Koreatown, or anywhere in Los Angeles County—reach out today. We'll provide a straightforward, no-obligation offer tailored to your property.

Schedule a call to discuss your options

Thinking about selling your LA building?

We buy Los Angeles multifamily direct — a written offer, usually within one business day, with tenants in place and no listing period.

Get a written offer →

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The Beverly Group
Los Angeles Multifamily
139 S. Beverly Drive
Beverly Hills, CA 90212
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Lexington Realty Capital LLC d/b/a The Beverly Group is a Los Angeles based real estate investor and developer, founded by Jeffrey Martin Schleider, with a focus on multifamily and mixed-use properties.

Disclaimer

The material on this website is for general information only. All data is deemed reliable but is not guaranteed accurate, and is presented subject to errors, omissions, changes or withdrawal without notice.

This website does not constitute an offer to purchase any real estate property, nor an offer to sell or a solicitation of an offer to buy any security or investment product, and may not be relied upon in connection with any offer or sale of securities. Nothing here is a recommendation to purchase, sell or hold any security or property, or to pursue any investment strategy, and nothing here is investment, accounting, tax or legal advice.

Years of experience, transaction counts and transaction volume figures shown on this website reflect the cumulative professional experience of the principals of The Beverly Group, including transactions completed prior to and outside of the firm, and in markets other than Los Angeles. They are not a representation of the firm's own transaction history, current portfolio or assets under management, and past results are not indicative of future outcomes.

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The Beverly Group is an equal housing opportunity provider, consistent with applicable law. We do not discriminate on the basis of race, creed, color, national origin, sexual orientation, lawful source of income, military status, sex, gender identity, age, disability, familial status, or religion.

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