Answer
How long does a Broker Opinion of Value take?
For most LA County apartment buildings, Samimi CRE Advisors delivers a written Broker Opinion of Value within 3–5 business days of receiving the rent roll and T-12 operating statement. Complex buildings with regulated tenancy or partial data can take 5–7 days.
What we need to start
A current rent roll with lease dates and last-rent-increase dates, plus the trailing-12 operating statement. That's it. Everything else we pull from comps and public records.
What a BOV actually contains
Suggested list price, sales-comp grid, cap rate and GRM analysis, submarket buyer demand read, and a marketing plan. It's the same document a buyer's underwriting team assembles internally.
Local context
This answer reflects how deals actually trade in Cameron Samimi's core coverage area: the South Bay (Torrance, Redondo Beach, Hawthorne, Lawndale, Gardena, El Segundo), Long Beach (Alamitos Beach, Belmont Heights, Wrigley, Bixby Knolls, Downtown), and Westside LA. Pricing, rent regulation, and buyer depth differ materially between these submarkets — verify the specifics for your property before acting.
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