Glen Scher

Encino CA

Marcus & Millichap

43 Closed Sales

$153.7M Total Value

$775K - $17.3M Price Range

$3.6M Average Price

Prior five years

About Glen

Glen Scher is a Senior Vice President of Investments at Marcus & Millichap, and he co-founded the Los Angeles Apartment Advisors (“LAAA Team”) in 2018 with his partner and close friend, Filip Niculete. The LAAA Team is an 11-person team specializing in the sale of multifamily properties and land for multifamily development throughout Los Angeles County. They do not sell single family homes, and they do not sell any other type of commercial property (retail, office, industrial, etc.); they only sell commercial-sized apartment buildings (5+ units) and land for multifamily development throughout the Los Angeles market. Through this committed specialization, they have become the #1 ranked and #4 ranked most active multifamily agents in Los Angeles County and California, respectively, from 2019 through 2021 (source: CoStar). During this impressive three year stretch since the founding of the LAAA Team, Glen has averaged 1 closed deal per week. In the combined career of LAAA Team’s co-founders Glen and Filip, they have closed more than 350 deals, over $1.0B in volume, and nearly 4,000 apartment units sold.

Home Types: MultiFamily, Lot/Land

Education: University of California, Santa Barbara - Bachelor of Science, Economics & Accounting

Transaction History

1 Year
2 Year
5 Year

Neighborhoods Glen Has the Most Experience In

Glen's Recent Active Listings

$4,990,000
- 56 Beds
- 26 Baths
- 24,176 Sq Ft
20234 Roscoe Blvd

Winnetka, CA
25-unit fee simple LIHTC multifamily asset in Winnetka. Built in 1964 and placed in service in 1997 under the 9% LIHTC program. The property is governed by a 30-year regulatory agreement set to expire in July 2027, after which all income and rent restrictions are eligible to sunset. Subject to Los Angeles Rent Stabilization Ordinance (RSO). Current unit mix includes 4x1BR, 13x2BR, 7x3BR, and

Glen Scher Marcus & Millichap

$8,500,000
- 99 Beds
- 66 Baths
- 60,525 Sq Ft
1536 Serrano Ave

Los Angeles, CA
1536 N. Serrano Ave is a fee simple 42-unit LIHTC multifamily asset in East Hollywood. Built in 1969 and placed in service in 1997 under the 9% program, the property includes 41 income-restricted units and one manager's unit. The unit mix features large-family layouts with an average unit size of 1,441 SF. A 55-year regulatory agreement extends through 2052 with restrictions at 50% and 60% AMI.

Glen Scher Marcus & Millichap

Co-Listing Agent

$4,000,000
- Land
- 0.51 Acre
- $7,843,137 per Acre
6167 Sylmar Ave

Los Angeles, CA
We proudly presents 6167 Sylmar Ave, also known as 14401 Calvert St, a 22,529 square foot corner lot in the heart of Van Nuys. The property is located just a block away from City Hall and is surrounded by a neighborhood undergoing redevelopment. Situated at 6167 Sylmar Ave, the property is currently a parking lot located on the northwest corner of the intersection of Sylmar St and Calvert St. The

Glen Scher Marcus & Millichap

Co-Listing Agent

$2,150,000
- 8 Beds
- 15 Baths
- 10,340 Sq Ft
819 Beacon Ave

Los Angeles, CA
We are pleased to present 819 Beacon Avenue, a 15-unit multifamily property in the highly desirable Westlake neighborhood, just minutes from Downtown Los Angeles and Koreatown. Built in 1906, the property exudes historic charm while offering investors a unique opportunity to add value through strategic renovations and operational enhancements. Situated on a 7,750-square-foot lot, the

Glen Scher Marcus & Millichap

Co-Listing Agent

$3,500,000
- Land
- 0.35 Acre
- $10,000,000 per Acre
1164 Sunset Blvd

Los Angeles, CA
We are pleased to present 1164 W Sunset Blvd, a unique development opportunity in Echo Park with an exceptional view of the Downtown Los Angeles skyline.Spanning fve contiguous lots and totaling approximately 15,398 square feet of C2-1VL zoned land, this site presents a rare opportunity to develop a 124-unit mixed-use residential project in the vibrant Echo Park neighborhood of Los Angeles. With

Glen Scher Marcus & Millichap

Co-Listing Agent

$1,800,000
- 11 Beds
- 10.5 Baths
- 6,240 Sq Ft
5917 Buffalo Ave

Unit 5

Van Nuys, CA
We are pleased to present 5917 Buffalo Avenue, a five-unit multifamily property located in a quiet, central pocket of Van Nuys, California. With large unit sizes, and a stable rent roll with rental upside, the offering presents a compelling opportunity for yield-focused investors seeking a low-maintenance asset in a supply-constrained infill location. The property is zoned LAR3, fully density

Glen Scher Marcus & Millichap

Co-Listing Agent

$5,800,000
- Land
- 1.05 Acres
- $5,523,810 per Acre
12335 Osborne Place

Pacoima, CA
We are excited to present 12335 Osborne Place, a 100% affordable development project located in Pacoima, California. This 46,035 square foot (1.06 acre) lot will be delivered with RTI (Ready to Issue) plans for a 5-story building that will include 293 affordable units. The project plans feature a great unit mix of 281 one-bedroom units, and 12 two-bedroom units. Additionally, zero parking is

Glen Scher Marcus & Millichap

Co-Listing Agent

$875,000
- Land
- 0.16 Acre
- $5,468,750 per Acre
8426 S Broadway

Los Angeles, CA
To present a unique opportunity to acquire 8426 S Broadway, a fully Ready-to-Issue (RTI) affordable housing development project located in South Los Angeles. This property is situated on a 7,264-square-foot lot and comes with RTI permits for a 22-unit, 100% affordable multifamily project. The proposed 3-story apartment building will feature Type V-A construction and does not require parking, as

Glen Scher Marcus & Millichap

Co-Listing Agent

$2,100,000
- 14 Beds
- 7 Baths
- 5,028 Sq Ft
5614 W Adams Blvd

Los Angeles, CA
We pleased to present 5614 W Adams Boulevard, a seven-unit multifamily offering located in one of Los Angeles' fastest-growing submarkets. This investment combines stable in-place income, permitted renovation progress, rental upside, and long term development potential appealing to both value-add and buy-and-hold investors. Built in 1961 and subject to the City of Los Angeles Rent Stabilization

Glen Scher Marcus & Millichap

Awards and Designations

Glen Scher’s Marcus & Millichap Achievements: Chairman's Club (CC) - 2021; National Achievement Award - 2021, 2020, 2019, 2017; Sales Recognition Award - 2021, 2020, 2019, 2018, 2017, 2016; Rising Star & Emerging Core Awards - 2015

Agent License #01962976

Glen Scher

(747) 277-0802

Marcus & Millichap

(747) 277-0802

Glen Scher

About Glen

Transaction History

Seller Deals

Production Over Time

1 Year View by Quarter

Seller Deals

Production Over Time

2 Year View by Quarter

Seller Deals

Neighborhoods Glen Has the Most Experience In

Glen's Listings and Deals

Glen's Recent Active Listings

Awards and Designations