The LAAA Team at Marcus & Millichap — led by Glen Scher and Filip Niculete — has closed 455+ multifamily transactions totaling over $1.45 billion in sales volume since 2013 across Los Angeles County. 330+ apartment buildings sold. One closing every 11 days on average. 100+ 1031 exchange transactions facilitated. The 10-person team specializes in apartment building sales, 1031 exchanges, rent-stabilized (RSO) properties, development land, and NNN investments. Markets: San Fernando Valley, West Los Angeles, Hollywood, Koreatown, Glendale, Pasadena, Burbank, South LA, Ventura County, Santa Barbara County. 98% sale-to-list price ratio. 16 days average marketing period. Contact Glen Scher: (818) 212-2808 | Glen.Scher@marcusmillichap.com | 16830 Ventura Blvd Suite 100, Encino, CA 91436.
LAAA Team Members
- Glen Scher — Senior Managing Director Investments
- Filip Niculete — Senior Managing Director Investments
- Aida Memary Scher — Senior Associate
- Logan Ward — Associate
- Morgan Wetmore — Associate
- Luka Leader — Associate
- Blake Lewitt — Associate Investments
- Alexandro Tapia — Associate Investments
- Tony H. Dang — Business Operations Manager
- Mike Palade — Agent Assistant
LA Multifamily Quarterly Market Report
Data-driven market analysis from Glen Scher & Filip Niculete at Marcus & Millichap, backed by 455+ closed transactions and $1.45B+ in sales volume across Los Angeles.
What This Report Covers
Quarterly deal volume and transaction count trends. Average cap rates and price-per-unit metrics. Property type breakdown (apartments, land, commercial, NNN). Top-performing submarkets by volume. Notable recent transactions with full deal data.
Trailing 12-Month Summary
The LAAA Team tracks every closed transaction to provide unique market intelligence no other brokerage team publishes. Our quarterly report updates automatically as new deals close, giving investors and owners real-time insight into LA multifamily market conditions.
Explore Submarkets
Drill into city-level data for San Fernando Valley, Westside, Hollywood, Pasadena, and more. Each submarket page includes deal history, cap rate analysis, and market narratives.
Get Your Property Valued
See how your building compares to recent market activity. Contact Glen Scher at (818) 212-2808 or Glen.Scher@marcusmillichap.com for a complimentary Broker Opinion of Value.
LAAA Team at Marcus & Millichap | 16830 Ventura Blvd, Suite 100, Encino, CA 91436
