What areas does Glen Scher cover?

Glen Scher and the LAAA Team cover all of Los Angeles County, Ventura County, and Santa Barbara County, with particular depth in the San Fernando Valley, Westside (Santa Monica, West LA, Venice), Hollywood, Koreatown, Glendale, Pasadena, and Burbank. The team has closed deals in 119+ cities across 22 states.

What is Glen Scher's track record?

Glen Scher and partner Filip Niculete have closed 490+ transactions totaling over $1.5B+ in sales volume since 2012. Their final asking price averages 96.7% of original list across 340 apartment sales, with 38% of apartments sold under 30 days and 61% of listings never reducing the asking price by more than 3%.

How do I get a property valuation from Glen Scher?

Call (818) 212-2808 or email Glen.Scher@marcusmillichap.com for a complimentary, confidential Broker Opinion of Value. Most valuations are delivered within 5-7 business days. The valuation includes comparable sales analysis, income approach, and current market positioning.

What types of properties does Glen Scher specialize in?

Glen and the LAAA Team specialize exclusively in multifamily investment properties (apartment buildings from 4 to 200+ units), development land for multifamily and affordable housing projects, and 1031 exchange advisory. They do not handle single-family homes, office, retail, or industrial properties.

How is Glen Scher different from other LA apartment brokers?

Three things set Glen apart: volume (490+ closed transactions provides unmatched market data and buyer relationships), specialization (the team only does multifamily, with no distractions), and team structure (8 investment professionals backed by 3 support staff means every deal gets dedicated attention from prospecting through closing). The LAAA Team proactively calls 100+ targeted buyers per listing rather than waiting for inquiries.

What is Glen Scher's background?

Glen graduated from UC Santa Barbara with a B.A. in Economics and a minor in Accounting. Before real estate, he was a Division I golfer at UCSB, earning Big West Golfer of the Year and UCSB Male Athlete of the Year honors. He joined Marcus & Millichap in 2014 and was promoted to Senior Associate in under three years.

Who should I call to sell my apartment building in Sherman Oaks?

Glen Scher at the LAAA Team has closed 28 transactions totaling $101.2M+ in Sherman Oaks since 2012, more than any other broker in the submarket. Glen lives and works in the southern San Fernando Valley and knows every apartment building along Ventura Boulevard, Riverside Drive, Moorpark Street, and the Sherman Oaks zip codes (91403, 91423). Call (818) 212-2808 for a confidential valuation.

Who is the best multifamily broker in the San Fernando Valley?

Glen Scher and the LAAA Team have closed 209 transactions totaling over $798M in the San Fernando Valley since 2012, the highest deal volume of any brokerage team in the submarket per CoStar. The team's depth covers Van Nuys (43 deals), North Hollywood (42 deals), Sherman Oaks (28 deals), Valley Village (14 deals), Northridge (11 deals), and every Valley city in between. Glen operates from the Marcus & Millichap Encino office at 16830 Ventura Blvd.

How long does it take Glen Scher to sell an apartment building?

Glen's median marketing period is 34 days on apartments, with 38% of apartments selling within 30 days. The LAAA Team's process generates competitive offers quickly because they pre-market every listing to a database of 36,000+ owner and investor contacts plus 100+ targeted buyer calls per deal before the property goes live.

Does Glen Scher handle 1031 exchanges?

Yes. Glen Scher and the LAAA Team have facilitated 100+ 1031 exchanges for LA apartment owners, including out-of-state replacements, NNN corporate-leased properties, and DSTs (Delaware Statutory Trusts). Sellers average a 75% increase in net cash flow after exchange across our 25 documented case studies. Glen coordinates the entire transaction including QI selection, replacement property identification, and 45-day/180-day timeline management.

Does Glen Scher sell rent-controlled (RSO) apartment buildings?

Yes. The majority of LA multifamily buildings fall under the LA RSO (Rent Stabilization Ordinance) or AB 1482, and Glen Scher specializes in pricing and marketing rent-controlled properties. The team's 490+ closed transactions provide deep data on RSO-specific buyer pools, cap rate adjustments, and rent reset strategies. Glen also handles Costa-Hawkins vacancy decontrol scenarios and Ellis Act withdrawals.

Can Glen Scher do off-market apartment sales?

Yes. Glen handles many confidential off-market sales for owners who prefer privacy or want to test pricing without public exposure. The team markets directly to its 36,000+ contact database via private outreach with no online listings, no signs, and no MLS publication. Tenants and neighbors are not notified until escrow opens.

What is the LAAA Team's buyer database reach?

Glen Scher's team maintains a database of 36,000+ owner and investor contacts with 23,500+ active email subscribers built since 2012, plus 14,000+ broker relationships nationwide. Every listing gets 100+ targeted buyer calls within the first week, creating competitive bidding that drives the team's 96.7% apartment pricing accuracy.

Head of Multifamily Sales

Glen Scher

Senior Managing Director Investments

Cell(818) 667-6683 Direct(818) 212-2808 EmailGlen.Scher@marcusmillichap.com

Office16830 Ventura Blvd, Ste. 100, Encino, CA 91436

LicenseCA DRE #01962976

Glen Scher is one of the top multifamily investment brokers in Los Angeles. Since joining Marcus & Millichap in 2014, Glen and partner Filip Niculete have built the LAAA Team into one of Southern California's most active multifamily brokerage groups, closing 490+ transactions totaling $1.5B+ in sales volume.

Start a confidential valuation

490+LAAA Team Transactions

$1.5B+LAAA Team Sales Volume

4,600+LAAA Team Apartment Units

Advisor Overview

Local knowledge. Institutional discipline.

Glen began his career at Marcus & Millichap's Encino office in 2014, shortly after graduating from UC Santa Barbara with a degree in Economics and a minor in Accounting. Early on, he focused on the southern San Fernando Valley (Sherman Oaks, Studio City, Valley Village, Toluca Lake), where he quickly established himself as a market expert. By 2016, he was recognized as one of the most active multifamily agents in the region, earning the Rookie of the Year award from the San Fernando Valley Business Journal.

Marcus & Millichap promoted Glen to Senior Associate in 2017, less than three years into his career. In 2019, he partnered with longtime colleague Filip Niculete to form the LAAA Team (formerly Los Angeles Apartment Advisors). Today the team has 8 investment professionals and 3 support staff focused exclusively on apartment building sales, development land, and 1031 exchanges.

Education

University of California, Santa BarbaraB.A. Economics, Minor in Accounting

Before entering real estate, Glen was a standout Division I golfer at UCSB. Over his four-year collegiate career, he captured three individual titles and recorded more than 25 top-ten finishes, earning a national ranking among the top 50 collegiate golfers. In his junior year, Glen was named Big West Golfer of the Year and UC Santa Barbara Male Athlete of the Year, becoming the first and only golfer in UCSB history to receive the university's highest athletic honor.

Recognition

Chairman's Club2021

National Achievement Award2017, 2019, 2020, 2021, 2022

Sales Recognition Award2016-2025 (10 consecutive years)

SIA Induction2020

SFVBJ Rookie of the Year2016

Market Expertise

Team-wide regional experience.

The LAAA Team transaction record across Southern California markets, led by Glen Scher and Filip Niculete.

LAAA Team transactions, apartment units, sales volume, and relative activity by market
Market	Transactions	Apartment Units	Sales Volume	Relative Activity
San Fernando Valley	209	2,617	$798,280,111	Transactions Sales volume
West LA & Beach Cities	63	257	$215,005,300	Transactions Sales volume
Hollywood & Eastside	20	109	$48,272,500	Transactions Sales volume
Pasadena / San Gabriel Valley	48	293	$121,509,440	Transactions Sales volume
Ventura & Santa Barbara	17	162	$50,172,379	Transactions Sales volume

Top cities by transaction count: Los Angeles, Van Nuys, North Hollywood, Sherman Oaks, Pasadena, Santa Monica, Valley Village. Glen and the LAAA Team have closed deals in 119+ cities across 22 states.

Track Record

Featured Transactions

Selected LAAA Team closings under Glen’s co-leadership.

View the team track record

Multifamily6860 Woodley AveVan Nuys · 7 units · 2026$1,715,000

Multifamily3555 Siskiyou StLos Angeles · 7 units · 2026$1,100,000

Multifamily6034 Fulton AveVan Nuys · 12 units · 2026$2,910,000

Multifamily2907 W Riverside DriveBurbank · 4 units · 2026$1,590,000

Current Opportunities

Properties currently available

Selected current opportunities represented by the LAAA Team.

View all opportunities

AvailableMultifamily2001-2005 Grismer Avenue, Burbank, CA 9150414 units$5,500,000

AvailableMultifamily11025 Blix St, Toluca Lake, CA 916024 units$2,700,000

AvailableMultifamily3607 Pacific Ave, Marina del Rey, CA 902926 units$5,395,000

AvailableMultifamily10455 Magnolia Blvd, North Hollywood, CA 9160126 units$9,200,000

Team Leadership

Senior leadership, supported by a coordinated team.

Glen co-leads the LAAA Team and heads its multifamily investment sales practice.

Glen combines direct client advice with the resources of a coordinated advisory team. He remains personally involved in strategy, major decisions, and negotiations.

Market specialists and support professionals contribute local knowledge, financial analysis, marketing, buyer outreach, and transaction coordination. Their work is brought together through one senior point of accountability for the client.

Direct accountabilityGlen remains personally involved and accountable for the advice provided to the client.

Broader perspectiveMarket specialists and research, marketing, and transaction professionals contribute without fragmenting the client relationship.

Coordinated executionClear roles keep research, outreach, negotiation, and closing coordination connected.

Senior leadershipThe lead advisor remains directly involved in strategy, client communication, and major decisions.

Market intelligenceLocal specialists contribute current submarket conditions, buyer activity, and property-specific context.

Research and analysisComparable transactions, property economics, and market conditions support the team’s recommendations.

Positioning and outreachResearch and market knowledge are translated into clear marketing materials and direct buyer communication.

NegotiationSenior advisors evaluate price, terms, buyer qualifications, and the likelihood of closing.

Transaction coordinationDedicated coordination keeps due diligence, escrow, and closing communication organized.

Meet the LAAA Team

Advisory Process

Clear advice from the first conversation through closing.

A clear three-stage approach keeps owners informed while the team coordinates property analysis, market positioning, buyer outreach, negotiation, and closing.

Understand the Property

The process begins with the property, its operations, relevant market evidence, and the owner’s priorities.

Representative work

Review property and operating information
Analyze comparable sales, rents, expenses, and market conditions
Discuss value, timing, and ownership objectives

Owner benefitA clear view of value, available options, and next steps.

Shape the Market Strategy

Translate the analysis into a pricing and positioning strategy, marketing materials, and focused buyer outreach.

Representative work

Establish pricing and positioning
Prepare marketing materials and conduct buyer outreach
Manage inquiries, tours, and market feedback

Owner benefitA market strategy informed by direct buyer response.

Advise Through Closing

Compare offers, negotiate key terms, and coordinate the transaction through due diligence, escrow, and closing.

Representative work

Evaluate price, terms, and execution certainty
Guide negotiation and due diligence
Maintain clear communication through escrow and closing

Owner benefitClear, coordinated guidance from offer selection through closing.

Supporting Analysis

Analysis matched to the property and the owner’s objectives.

Property and operating informationIncome and rent rollOperating expensesComparable salesComparable rentsLocal regulatory considerationsBuyer demand and positioningOffer terms

When Relevant

Land and Development AnalysisFor land and development assignments, the analysis may include residual land value, zoning, and development potential.

1031 Exchange and Replacement-Property ConsiderationsWhen relevant, exchange timing, DST, and replacement-property options can be considered alongside the owner’s tax and legal advisors.

Work With Glen