Beverly Grove Multifamily Broker

David Saghian of The Saghian Group (Lyon Stahl) has closed 4 Beverly Grove and Fairfax District sales totaling $9,710,000, including the 110-116 S Kings Rd double lot for $4,350,000, and 70 sales across Los Angeles.

Our two Beverly Grove fourplex sales closed at $1,900,000 each: 110 N Orlando Ave at a 3.9% cap rate and $473 per square foot, and 107 S Clark Dr at a 2.93% cap rate and $481 per square foot. In the surrounding Fairfax/Melrose submarket, CoStar counted 10 apartment sales in 2025 at an average $347,864 per unit and a 5.0% cap rate. We price from your rent roll, not an average.

No. Both are in the City of Los Angeles, even where the address sits next to the West Hollywood line. 540 N Orlando Ave, which we also sold, is inside West Hollywood, so it answers to WeHo rules instead.

Beverly Grove is in the City of LA, so buildings built on or before October 1, 1978 generally fall under the RSO (3% allowed increase from July 1, 2026 to June 30, 2027). Most newer buildings over 15 years old fall under AB 1482: 5% plus CPI, max 10%, or 8.7% in the LA area from August 1, 2026.

Yes. For City of LA sales closing after June 30, 2026, ULA takes 4% of the full price above $5.4 million and 5.5% at $10.9 million or more, on top of the 0.45% City and 0.11% County transfer taxes. Other costs: the broker commission (negotiated, not set by law), escrow, title and any loan prepayment penalty. We model your net proceeds before you list.

Often. Much of the area is zoned R3. 110-116 S Kings Rd sold with plans for 40 units plus 4 ADUs under the City's CHIP program, and 828-830 N Detroit St, a 6,665 SF R3-1XL lot, was eligible for TOC Tier 1 (50% bonus density and a 3.25:1 FAR). We check zoning and lot size so buyers pay for real upside.

Timing depends on price, financing and how fast you deliver due diligence; escrow typically runs 30 to 60 days. 110 N Orlando Ave closed off-market in 45 days. A full campaign usually brings more buyers and a higher price; off-market works when the right buyer is already in hand.

Yes. The seller of 110 N Orlando Ave, an owner for 24 years, exchanged into a Delaware Statutory Trust for passive, management-free income. You must identify replacement property within 45 days and close within 180 days.