Owners
Sell your building in Los Angeles
Jordan Petito, Senior Vice President, PartnersCRE · DRE 02023714 · Updated October 18, 2026
Jordan Petito represents owners selling across Los Angeles: South Los Angeles, West Adams and Mid-City, Koreatown and Mid-Wilshire, Hollywood, Silver Lake, West Los Angeles, the San Fernando Valley, West Hollywood, and nearby markets. Land and development sites, apartment buildings, retail, mixed-use, office, and industrial property. A free broker opinion of value comes first, with no obligation to list.
Request a free valuation · (310) 497-4362
What you can sell
- Land and development sites, including 17 published land closings
- ED1, TOC, and density bonus projects
- Apartment buildings and affordable apartment buildings
- Retail and mixed-use buildings
- Office and industrial property: closings are listed on the track record
How a sale works
- Send the address for a free broker opinion of value of the property as it stands.
- Agree an asking price and approach with the office.
- Gather the leases, income and expenses, permits, and entitlement or zoning records.
- The listing goes out to buyers and brokers, and offers come back to you.
- Escrow: the buyer completes review, any loan is paid off, and the sale records.
Costs to plan for
Brokerage commission, transfer taxes, escrow and title fees, and your loan payoff.
Inside the City of Los Angeles, sales closing after June 30, 2026 pay Measure ULA of 4% of the full sale price above $5,400,000 and under $10,900,000, and 5.5% of the full price at $10,900,000 or more, on top of the City’s 0.45% base transfer tax. The thresholds adjust every year. Source: City of Los Angeles Office of Finance. More on Measure ULA.
Where the work is
South Los Angeles · West Adams and Mid-City · Koreatown and Mid-Wilshire · Hollywood · Silver Lake · West Los Angeles · San Fernando Valley · West Hollywood · All areas
Selected closings
From the PartnersCRE track record.
- 4741 Libbit Ave, Encino · Land, entitled 45-unit project · $7,000,000
- 4155 Wilshire Blvd., Windsor Square · 22,377 SF vacant lot · $4,990,000
- 12960 Dronfield Ave., Sylmar · 200 units across six buildings · $39,500,000
- 2626 Lacy St., Lincoln Heights · Nine buildings, 90,000 SF · $20,000,000
- 8301–8315 Santa Monica Blvd., West Hollywood · 22,000 SF corner retail · $11,400,000
- 9230 W. Olympic Blvd, Beverly Hills · Retail · $10,500,000
- 9700-9708 Venice Blvd, Culver City · Medical office building · $5,200,000
Who you work with
Jordan Petito is a Senior Vice President at PartnersCRE with KW Commercial Beverly Hills, a licensed California real estate broker (DRE 02023714), and a licensed general contractor. Born and raised in Los Angeles, he studied at the USC Marshall School of Business. He has closed more than $100 million in sales. About Jordan.
Questions
Do I have to list after a valuation?Open
No. A valuation does not oblige you to list.
What property types does Jordan sell?Open
Land and development sites, apartment buildings, retail, mixed-use, office, and industrial property, across Los Angeles and nearby markets.
Does Measure ULA apply to my sale?Open
Inside the City of Los Angeles, sales closing after June 30, 2026 pay Measure ULA of 4% of the full sale price above $5,400,000 and under $10,900,000, and 5.5% of the full price at $10,900,000 or more, on top of the City’s 0.45% base transfer tax. The thresholds adjust every year. Source: City of Los Angeles Office of Finance.
Should I sell land entitled or as-is?Open
It depends on the site. See Should I sell land entitled or as-is?.
Can I do a 1031 exchange?Open
Yes, for investment or business property: identify replacement real property within 45 days and receive it within 180 days (or your tax-return due date, if earlier). The IRS rules.
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