All Case Studies
Locacres Real Estate ·

Cliff-view residence acquisition, Los Angeles

Sourced, negotiated and closed a $6.4M architectural property — advisory-led acquisition delivering 15% year-one paper appreciation.

15% YoY appreciation · closed 21 days ahead
Client
Private family office
Industry
Private Wealth
Engagement
9 weeks
Practice
Locacres Real Estate
Cliff-view residence acquisition, Los Angeles
The Mandate

How the work unfolded.

01

The challenge

The client wanted a specific architectural typology at a specific price point in an inventory-tight LA sub-market. Off-market access and disciplined negotiation would matter more than search volume.

02

What we did

A senior advisor personally walked every shortlisted property before presenting the client with a ranked slate. Negotiation was anchored to comparable-transaction evidence rather than list price.

03

Outcome

Property closed at $6.4M — $400K below ask — and 21 days ahead of the projected timeline. Independent appraisal 12 months later recorded a 15% paper appreciation on the acquisition basis.

Documented Outcomes

Numbers before, numbers after.

Purchase price
Before
$6.8M ask
After
$6.4M closed
Timeline
Before
90-day est.
After
69 days
Year-1 paper value
Before
$6.4M
After
$7.36M
Advisor fee
Before
3.0% market
After
2.25%
Timeline

Documented phase by phase.

  1. Week 1

    Brief & thesis

    Aligned on architectural criteria, price envelope, target neighbourhoods and 5-year hold hypothesis.

  2. Weeks 2–4

    Sourcing

    Shortlisted 11 properties, senior advisor walked all 11 in person before presenting a ranked slate.

  3. Weeks 5–7

    Negotiation

    Structured offer with contingency ladder, negotiated $400K reduction from ask on comparable evidence.

  4. Weeks 8–9

    Close & handover

    Escrow closed 21 days ahead of expected window. Turnover included property-management transition.

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