Jeff Luster

CEO | Lic. 00636424

A seasoned real estate professional, Mr. Luster has been a consistent Top Producer for Major Properties for over 40 years. During his long career, he has successfully transacted over one billion dollars ($1B) of real estate in the Los Angeles real estate market, most of it situated in the greater Hollywood area.

Recently he had two hundred million dollars ($300M) of commercial and industrial property transactions in escrow. A few of his recent Los Angeles transactions include:

• 2800 S Santa Fe Ave, Los Angeles: 29,110 SF industrial building sold for $7,000,000
• 906-920 E 6th St, Los Angeles: 22,419 SF mixed-use buildings sold for $5,875,000
• 8011 Croesus Ave, Los Angeles: 18,677 SSF industrial building sold for $3,500,000
• 1120 Venice Blvd, Los Angeles: —47,697 SF of land sold for $9,250,000
• 316 N Juanita Ave, Los Angeles: 84,289 SF of land sold for $16,300,000
• 1801-1839 Blake Ave, Los Angeles: 136,770 SF mixed-use building sold for $21,000,000
• 6671 Santa Monica Blvd, Los Angeles: 256,217 SF of land sold for $99,000,000
• 6721 Romaine St, Los Angeles: 40,728 SF office building sold for $9,750,000
• 758 N. Highland Ave, Los Angeles: 10,720 SF office building sold for $4,565,000
• 6709 W. Sunset Blvd, Los Angeles: 19,471 SF office building sold for $11,750,000

Mr. Luster specializes in the marketing of commercial, industrial and adaptive reuse investment properties. An expert negotiator, he has literally represented hundreds of millions of dollars worth of real estate in the Hollywood, West Hollywood, Mid-Wilshire and Downtown Los Angeles areas.

Mr. Luster is a tenacious, innovative broker who knows what it takes to successfully market property. Utilizing Major Properties’ unique in-house marketing department, custom databases and web affiliations with Loopnet, CoStar and the American Industrial Real Estate Association (AIR), the Industrial and LABR Multiples, and plain, old fashioned hard work, Mr. Luster is able to continually match the right buyers with the right properties.

Mr. Luster is a licensed California Real Estate Broker and received his B.A. in Economics from the University of California at Los Angeles in 1981. He became CEO of Major Properties in 1992. He is also the past President of the Hollywood Police Support Association (HPSA), a member of the Hollywood Chamber of Commerce and the Guardians (of the Los Angeles Jewish Home for the Aging). He is a Past President of the Hollywood Media District BID.

Featured
For LeaseAutomotive
$4.65/sq ft
For LeaseAutomotive

Heavy Traffic Auto Body Shop

6144 Venice Blvd., Los Angeles, CA 90034, USA

sq ft: 3,655

Commercial, Retail, Special Purpose

Jeff Luster

2 weeks ago

$4.65/sq ft

sq ft: 3,655

Commercial, Retail, Special Purpose

2 weeks ago

For Lease
$3/sq ft
For Lease

Prime West Pico Location: 2 Retail Stores

5994 W Pico Blvd, Los Angeles, CA 90035, USA

sq ft: 1,660

Commercial, Retail

Jeff Luster

2 months ago

$3/sq ft

sq ft: 1,660

Commercial, Retail

2 months ago

For Lease
$1/sq ft
For Lease

DTLA Fashion District Retail Space

126 E 11th St, Los Angeles, CA 90015, USA

sq ft: 3,904

Commercial, Retail

Jeff Luster

2 months ago

$1/sq ft

sq ft: 3,904

Commercial, Retail

2 months ago

Featured
For SaleInvestment OpportunityReduced!Upside Potential
$2,750,000
For SaleInvestment OpportunityReduced!Upside Potential

West Los Angeles 10-Unit Apartment Building

1738 Colby Ave, Los Angeles, CA 90025, USA

sq ft: 7,055

Multi-Family

Rene Mexia , Jeff Luster

2 months ago

$2,750,000

sq ft: 7,055

Multi-Family

2 months ago

Featured
For SaleInvestment OpportunityReduced!Reposition Opportunity
$5,100,000
For SaleInvestment OpportunityReduced!Reposition Opportunity

Value Add West Pico Commercial Investment

5990 1/2 W Pico Blvd, Los Angeles, CA 90035, USA

sq ft: 8,235

Commercial, Retail

Jeff Luster

2 months ago

$5,100,000

sq ft: 8,235

Commercial, Retail

2 months ago

Featured
For LeaseCreative SpaceRecently Remodeled
$1$1.34/sq ft
For LeaseCreative SpaceRecently Remodeled

Modern Flex/Warehouse Space

3040 E 12th St, Los Angeles, CA 90023, USA

sq ft: 49,500

Creative/Flex, Industrial, Warehouse

$1$1.34/sq ft

sq ft: 49,500

Creative/Flex, Industrial, Warehouse

Featured
For SaleReposition Opportunity
$4,100,000
For SaleReposition Opportunity

Prime Value Add Opportunity

10444 Santa Monica Blvd, Los Angeles, CA 90025, USA

sq ft: 8,300

Commercial, Office

Rene Mexia , Jeff Luster

5 months ago

$4,100,000

sq ft: 8,300

Commercial, Office

5 months ago

Featured
For SaleInvestment OpportunityReduced!
$2,900,000
For SaleInvestment OpportunityReduced!

DTLA Fashion District Investment Opportunity

120 E 11th St, Los Angeles, CA 90015, USA

sq ft: 8,746

Commercial, Retail

Jeff Luster

6 months ago

$2,900,000

sq ft: 8,746

Commercial, Retail

6 months ago

For LeaseCreative SpaceRecently RemodeledReduced!
$1.75/sq ft
For LeaseCreative SpaceRecently RemodeledReduced!

Remodeled Arts District Creative Space

1922 E 7th Pl, Los Angeles, CA 90021, USA

sq ft: 2,244

Commercial, Creative/Flex, Office

Rene Mexia , Jeff Luster

6 months ago

$1.75/sq ft

sq ft: 2,244

Commercial, Creative/Flex, Office

6 months ago

For Lease
$0.81/sq ft
For Lease

Industrial Facility Just East of USC

3720 S Grand Ave, Los Angeles, CA 90007, USA

sq ft: 6,800

Industrial, Warehouse

Jeff Luster

7 months ago

$0.81/sq ft

sq ft: 6,800

Industrial, Warehouse

7 months ago