LA Apartment Building Seller Questions, Answered

Direct answers to the questions LA multifamily owners actually ask — taxes, tenants, timing, paperwork, and process. Written by Michael Sterman, $1.41 billion across 254 closed LA multifamily transactions.

55 questions answered

Taxes & 1031 Exchanges

Capital gains, depreciation recapture, Prop 13, Measure ULA, and exchange deadlines.

Tenants & Rent Control

RSO, AB 1482, Ellis Act, relocation fees, and what a sale means for the people in the building.

The Sale Process & Paperwork

Escrow, disclosures, estoppels, listing agreements, contingencies, and what happens at closing.

Pricing, Timing & Offers

What drives the number, when to sell, and how the offer process actually plays out.

Building Compliance & Regulations

Soft-story retrofit, balcony inspections, and the LA ordinances that follow a building into escrow.

Brokers & Selling Strategy

Choosing representation, commissions, and how buildings actually get sold in LA.

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