Max Berger · Los Angeles Multifamily Broker
From your first fourplex to your next 20-unit acquisition, we find the right building, verify every number in the deal, and negotiate hard on your side of the table.
We source off-market properties that never reach open listings, read the rent roll before you commit, and flag the rent control and retrofit issues that quietly erode returns, so you buy on real numbers rather than optimistic pro forma.
Delivered personally within 48 hours.
Off-market opportunities go to our buyer list first.
Multifamily sales closed in LA
List-to-close success rate
Apartment Buildings
Sold
Exclusively LA multifamily
How we represent buyers
Every offering package tells a story, and our job is to verify it before your money is on the line. When you buy multifamily property with us, you buy the income, not the brochure.
Years of seller relationships across Los Angeles mean we bring our buyers opportunities before they hit the listing platforms, where the competition is everyone.
Rent rolls checked against actual leases, expenses normalized the way your lender will normalize them, and vacancy assumptions a buyer can defend, not a seller’s pro forma.
We tell you exactly what a building’s RSO status, tenant profile, and loss-to-lease mean for your business plan before you write the offer, not after.
Offer strategy, contingency structure, estoppel review, inspections, and retrofit credits, managed through closing with your lender and attorney.
Wherever you are in your journey
Most of the first buildings in Los Angeles are 2- to 4-unit buildings for good reason. They qualify for residential financing over commercial loans, and an owner-occupied purchase can start with a much lower down payment. We help first-time buyers pick a submarket, read a rent roll, and avoid two classic mistakes: overpaying for pro forma income and underestimating rent control.
At 5 units and above, you’re in commercial territory: the lender underwrites the building’s income, the diligence gets deeper, and the winners are the buyers who move with verified numbers. We source value-add and stabilized assets across Northeast LA, Hollywood, Koreatown, South Los Angeles, and the Valley, and we tell you honestly when a deal doesn’t pencil.
On a 45 day identification clock, you cannot afford a slow, leisurely search. We line up candidate properties before the downleg closes, use all three identification slots, and negotiate purchases that close well inside your full 180 days. If we are also selling your current building, both sides run together as one coordinated plan from start to finish.
Browse our active listings, or send us your criteria and get on the off-market list before deals go public.
The path to acquisition
1
We define your target, budget, unit count, submarkets, rent-control tolerance, and confirm your loan framework before touring anything.
2
On-market inventory plus direct outreach to owners in your target areas. The best deals often start as a conversation, not a listing.
3
Full income and expense verification on every candidate, with a written recommendation: pursue, negotiate, or pass.
4
Price, contingencies, deposit structure, and timeline negotiated for your position, with backup options kept alive.
5
Inspections, estoppels, title, and lender requirements managed end to end, with renegotiation when the diligence findings justify it.
Know your cash-to-close first
Apartment buildings in Los Angeles are priced per unit, and the market average gives you a starting benchmark before submarket, condition, and rent control adjust it. But the purchase price is only the start, we run the full cash-to-close picture with you before you tour a single building.
2 to 4 units use residential loans; 5 plus units are commercial, need more down
Escrow, title, loan fees, and inspections are budgeted up front, not discovered at signing.
A realistic cushion for deferred maintenance and retrofit obligations the building may carry.
They reset to your purchase price, not the seller’s old basis, we model the new number.
Testimonials
We sold our Venice Beach multifamily property a few years ago with him about a year ago. The whole process took 42 days, and I was thrilled with how smooth everything went from start to finish. Max Berger and his team were incredible throughout, tough, thoughtful negotiators, all while staying professional and moving forward.
I had a great experience working with Max Berger. I live a San Fransisco and he helped me sell an inherited multifamily property in Echo Park and made the entire process smooth from start to finish. He delivered exactly what he promised and achieved the pricing he told me he could get. I truly appreciate his honesty, professionalism.
Max Berger executed the sale and 1031 exchange of my apartment building to perfection. There were a couple of times during escrow when the deal began to go sideways and looked like it wasn't going to close. I thankfully do not own anymore apartments in Los Angeles but if I did, i would absolutely use Max again to represent me.
About three years ago, we hired Max Berger to sell one of our three apartment buildings in the Miracle Mile area of Los Angeles. He got exactly what we were asking for, quickly, and handled everything very professionally. He sold both buildings in the same professional manner. I would definitely recommend Max Berger!
Max Berger handled the sale of my apartment building in Century City. Max handled them all very well and with a very positive attitude. Max worked very hard to make sure that the property closed even though there were so many problems that we ran into. I would recommend Max Berger for anyone who wants to buy or sell property in LA County.
Los Angeles multifamily market data
Median price per unit, LA submarkets
Median cap rate across the current market
Median GRM across recent comparable sales
Median sale-to-asking ratio
Data: CoStar, multifamily 5+ units.
FAQs
The baseline fundamentals of the local market remain defensive due to a persistent structural housing shortage and restricted new construction pipelines. Well-capitalized buyers who prioritize realistic cash-flow modeling over speculative growth are finding excellent opportunities to anchor long-term capital. Success depends entirely on individual property underwriting rather than general timing assumptions. Max provides an analytical look to see if a deal fits your specific wealth milestones.
True off-market properties are sourced by building deep, daily relationships with private owners who have held their buildings for decades. Many long-term owners prefer quiet, private transactions to avoid disturbing their tenants or going through highly publicized marketing runs. We track these ownership records continuously to match off-market opportunities straight to our pre-approved buyer database.
The primary risks center on incomplete regulatory reviews and inflated expense pro-formas. You must verify local property registries, audit structural compliance updates, and cross-examine utility histories against real historical line items. Assuming standard residential metrics or accepting unverified seller logs can lead to major capital leaks immediately after closing.
Local stabilization rules restrict annual rental increases for older properties, setting a clear ceiling on short-term income growth. However, value is unlocked through natural tenant turnover, which allows you to adjust rents up to current market baselines. Accurately modeling this ratio during your initial underwriting phase is what separates high-performing investments from mediocre assets.
Before analyzing properties, secure your financing pre-approvals, establish your exact down-payment limits, and solidify your target yield benchmarks. If you’re leveraging a tax-deferred exchange to fund your transition, your replacement targets must be mapped out early to stay firmly ahead of the strict federal timeline rules.
Let's start · No obligation
Send your budget, target areas, and unit count. We’ll show you what’s available now, on the market and off it, and what your money actually buys in today’s market.
Every inquiry answered personally by Max.
