What drives 7 competing offers on a 10-unit East LA apartment building with active delinquencies?

Maher Commercial Realty just closed 5245 Via San Delarro for $1,938,000, with Oron Maher and Nicole Lu representing the seller.
This wasn’t a simple stabilized sale. Throughout escrow, the team navigated cash-for-keys negotiations, delinquency resolution, rental fee reconciliation, and vendor contract cleanup, all while keeping the deal on track.

The building itself stood out from typical East LA multifamily inventory: 7 one-bedroom and 3 two-bedroom units, an oval-shaped swimming pool, and 10 parking spaces including 9 enclosed garages. Current ownership had also completed a full capital improvement cycle over the prior 24 months, including new electrical panels across all ten units and copper supply line plumbing throughout, leaving only a sewer lateral repair as known deferred maintenance.

Seven competing offers in that environment are not a coincidence. Buyers saw $193,800 per door as worth competing for.

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Oron Maher

About the Author

Oron Maher

Founder & Broker-Director, Maher Commercial Realty

Oron Maher is the Founder and Broker-Director of Maher Commercial Realty, a Beverly Hills commercial real estate brokerage serving Greater Los Angeles and Southern California. A licensed California broker and attorney, he has completed more than $500 million in commercial transactions across multifamily, retail, office, industrial, and net lease, advising owners, investors, and institutions on acquisitions, dispositions, leasing, and investment strategy.

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