About Stepp Commercial

We Are Advisors, Not Just Brokers

Meet the team behind over 1,400 closed transactions and two decades of multifamily investment expertise across Long Beach, Los Angeles and Santa Monica.

Fiduciary, Not Just Functional.

Southern California's Most Trusted Multifamily Investment Brokerage

For over two decades, Stepp Commercial has been the team that private investors, family offices, and 1031 exchange clients across Los Angeles County turn to when the transaction matters most. We have closed more than 1,400 transactions representing over 17,000 multifamily units — not because we are the biggest brokerage, but because we treat every client's asset exactly the way we treat our own.

Our approach is different by design. While most brokers focus on the deal, our team focuses on your position — before, during, and long after the transaction closes. Whether you are selling a 6-unit building in Long Beach or repositioning a 40-property portfolio through a 1031 exchange, the standard of service is identical: strategic, fiduciary, and fully invested in your outcome.

Stepp Commercial has been ranked the #1 multifamily sales team in Long Beach every year since 2015, with a 42% market share in one of Southern California's most competitive investment submarkets.

California Brokerage License

CA DRE Lic. No. 02325250

Stepp Commercial | 2850 Colorado Avenue, Santa Monica, CA 90404 | All brokers individually licensed

Advisors, Not Just Brokers

Our team has nearly three decades of combined experience as landlords, property managers, construction consultants, and investment advisors. When you hire Stepp, the entire team works toward your higher returns — not just the agent on your deal.

Qualified Buyer Network

Across hundreds of successful transactions, we have built a database of well-capitalized buyers — from private investors to 1031 exchange clients and institutional-grade portfolios.

Institutional Marketing

Every property has an investment story. We craft it with the highest quality photography, data visuals, and design to highlight each asset's most compelling attributes.

Fiduciary Standard

We listen to your objectives and make strategic recommendations, even when that means waiting to move forward on a listing. Your financial position comes first.

By the Numbers

A Track Record That Speaks for Itself

1,400+

Transactions Closed

Across LA County over 20+ years

17,000+

Multifamily Units

Represented in sales & acquisitions

42%

Long Beach Market Share

#1 ranked team every year since 2015

$24M

In 1031 Exchanges

Closed Transactions by Submarket

Historical portfolio — Long Beach, Los Angeles, Santa Monica

Long Beach

Los Angeles

Santa Monica

2019

2020

2021

2022

2023

2024

2025

Who We Serve

Built for Serious Investors and Property Owners

Stepp Commercial works exclusively with a defined group of clients across Los Angeles County. Every service we offer, every market report we publish, and every negotiation we enter is designed around the specific needs of these three investor profiles.

Multifamily Property Owners

You own apartment buildings in Long Beach, Los Angeles, or Santa Monica and are considering a sale, portfolio repositioning, or want to understand what your asset is worth in today's market. We provide no-obligation valuations backed by real transaction data, not automated estimates.

Property Valuation Disposition Strategy Market Analysis Portfolio Review

Private Capital Investors

You are a private investor, family office, or high-net-worth individual seeking to acquire income-producing multifamily assets in Southern California. We provide access to both on-market listings and off-market opportunities, with full underwriting support and market comparables.

On-Market Listings Off-Market Access Underwriting Support Family Offices

1031 Exchange Clients

You are selling California multifamily assets and need to identify and close on replacement properties — whether in Southern California or in landlord-friendly out-of-state markets — within IRS-mandated timelines. We have guided clients through exchanges ranging from single assets to 39-property portfolios.

Downleg & Upleg DST Investments Out-of-State IRS Timeline

Why It Matters

90% of Our Clients Are Local California Investors

Stepp Commercial is licensed exclusively in California (CA DRE Lic. No. 02325250). While we facilitate out-of-state exchange uplegs in partnership with licensed local brokers in markets like Phoenix, Nashville, and Indianapolis, our representation and fiduciary duty is always rooted in California law. This means every transaction is governed by the highest fiduciary standard in the country. We do not chase volume. We protect position.

90%

Local CA Clients

20+

Years in Market

CA Only

DRE Licensed

MEET OUR TEAM

The Advisors Behind Every Successful Transaction

Our team has decades of experience as landlords, property managers, construction and renovation specialists, and investment advisors. When you hire Stepp Commercial, our entire team is working towards higher returns for you.

When you hire Stepp Commercial, you are not getting one agent working your transaction. You are getting the full weight of a team that has collectively managed hundreds of properties, renovated thousands of units, and guided private investors through some of the most complex multifamily deals in Los Angeles County. We are invested in your outcome because we understand exactly what is at stake.

Why Stepp Commercial

What Makes Us Different from Every Other Brokerage

We do not operate like a traditional brokerage. Every decision we make is filtered through one question: what is best for this client's financial position? That commitment is why our clients return across multiple transactions and refer us to people they trust.

Fiduciary Standard

We are legally and ethically obligated to act in your best interest. We make strategic recommendations even when that means advising you to wait before listing.

CA DRE Lic. No. 02325250

Deep Local Knowledge

Our brokers live and invest in the same submarkets where they close deals. Long Beach is where our team has spent decades as active landlords and property managers.

#1 Long Beach Team Since 2015

Curated Buyer Network

We bring well-capitalized, pre-qualified buyers to every transaction. Private investors, family offices, and 1031 exchange clients ready to move on the right property.

100+ Completed Exchanges

Full Exchange Oversight

Unlike most brokers who hand off 1031 clients to third parties, we oversee the entire exchange from downleg to upleg, ensuring every timeline and milestone is met.

Avg. 13.6% Return for Exchange Clients

Common Questions

Questions Investors Ask Us Most

Everything you need to know about working with Stepp Commercial, from your first property valuation to closing a complex 1031 exchange.

20+

Years of ExperienceServing private investors across Los Angeles County

1,400+

Closed TransactionsMultifamily sales, acquisitions, and exchanges

42%

Long Beach Market ShareRanked #1 by CoStar every year since 2015

What types of clients does Stepp Commercial work with?

Stepp Commercial works exclusively with private investors, family offices, and 1031 exchange clients looking to buy, sell, or reposition multifamily apartment buildings across Los Angeles County. We do not work with residential buyers or renters. Our clients are typically owners of 5 to 100+ unit buildings who are making high-stakes investment decisions and need an advisor, not just a transaction broker.

How does Stepp Commercial determine my property's value?

We use a combination of income-based valuation, including cap rate and GRM analysis, alongside recent comparable sales data from our own closed transactions and CoStar. With a 42% market share in Long Beach, we have direct visibility into pricing that most brokerages simply do not have access to. Property valuations are always no-obligation and based on real market data, not automated estimates.

Is Stepp Commercial licensed to represent clients in California?

Yes. Stepp Commercial holds California Brokerage License No. 02325250, issued by the California Department of Real Estate (CA DRE). Every broker on our team holds an individual California DRE or CalBRE license. For out-of-state exchange uplegs, we partner with licensed local brokers in target markets such as Phoenix, Nashville, and Indianapolis, while retaining full oversight of the transaction on behalf of our client.

What is a 1031 exchange and how does Stepp guide clients through it?

A 1031 exchange allows you to sell an investment property and defer capital gains taxes by reinvesting the proceeds into a like-kind replacement property, within IRS-mandated timelines: 45 days to identify and 180 days to close. Stepp Commercial oversees the entire process internally rather than handing clients off to third parties. We have completed over 100 exchanges with an average return of 13.6% for exchange clients, including complex multi-property and DST transactions.

How long does it typically take to sell a multifamily property?

Most Stepp Commercial listings close within 30 to 90 days, with off-market transactions occasionally closing in under 30 days due to our pre-qualified buyer network. For larger or more complex portfolio sales, timelines vary. As a reference point, we sold all 18 properties in the Geiger Portfolio within six months and closed 39 buildings in the Manhart Portfolio over two years. We provide realistic timeline projections during your initial property consultation.

Does Stepp Commercial work with buyers as well as sellers?

Yes. We represent both buyers and sellers in multifamily transactions across Los Angeles County. On the buy side, we source on-market listings, off-market opportunities, and exchange uplegs that match your investment criteria. We provide full underwriting support, market comparables, and negotiation through close. Buyers on our private investor list receive early access to properties before they are publicly listed.

As Seen In

Recognized by the Industry’s Leading Publications

Stepp Commercial has been featured and ranked by Southern California’s most respected real estate and business media.

View All Press and Awards

#1 Long Beach Multifamily Sales Team

Ranked by CoStar as the top multifamily sales team in Long Beach every year since 2015, with a 42% market share in one of Southern California’s most competitive submarkets.

GlobeSt. Multifamily Influencer

Recognized by GlobeSt. as a top multifamily influencer in Los Angeles County for sustained impact on investment trends and market education across Southern California.

LABJ Most Influential Family Businesses

Named by the Los Angeles Business Journal as one of the most influential family-owned businesses in Los Angeles, reflecting Stepp’s deep community roots and consistent track record.

Invested in You

Ready to Talk About Your Next Move?

Whether you are considering a sale, exploring a 1031 exchange, or simply want to understand what your property is worth in today’s market, our team is here. No pressure. No obligation. Just straightforward advice from advisors who know this market better than anyone.

Call Us Directly

1.866.99.STEPP

Available Monday to Friday

Send a Message

[email protected]

We respond within 1 to 3 business days

Or speak with a broker directly

Senior Vice President

CalBRE #01867136

A Word from our Clients

"We would highly recommend Robert and his team at Stepp Commercial to investors looking to get top dollar for their properties and in finding a suitable replacement property. The overall competence, expertise and service are second to none."

" In a world where there's too much talk, what's unique about Rob is his trustworthiness, integrity, sensitivity and efficiency. Plus, he's respectful of our time and does what he says he's going to do. Rob is not only a valued partner, but our go-to multifamily real estate broker."

"Kim's enthusiasm and resourcefulness were unflagging on the sale of our 20-unit property in Santa Monica. She carried us through market paranoia triggered by Prop 10, kept us in the game and brought us the right buyer at the right price."

Passion Is What Drives Us

We’re not just determined about doing great work.
We also love doing it.

People Who Love Our Place

A descriptive paragraph that tells clients how good you are and proves that you are the best choice that they’ve made.

About Stepp Commercial

We Are Advisors, Not Just Brokers

Southern California's Most Trusted Multifamily Investment Brokerage

A Track Record That Speaks for Itself

Built for Serious Investors and Property Owners

The Advisors Behind Every Successful Transaction

Robert Stepp

Kimberly R. Stepp

Michael Toveg

Todd Hawke

Mark Witsken

Jacob Taylor

Larry Bustamante

Colin Gillespie

Dayna Gutmann

Patricia Tay

Gabriel Connolly

What Makes Us Different from Every Other Brokerage

Questions Investors Ask Us Most

Ready to Talk About Your Next Move?

A Word from our Clients

"We would highly recommend Robert and his team at Stepp Commercial to investors looking to get top dollar for their properties and in finding a suitable replacement property. The overall competence, expertise and service are second to none."

" In a world where there's too much talk, what's unique about Rob is his trustworthiness, integrity, sensitivity and efficiency. Plus, he's respectful of our time and does what he says he's going to do. Rob is not only a valued partner, but our go-to multifamily real estate broker."

"Kim's enthusiasm and resourcefulness were unflagging on the sale of our 20-unit property in Santa Monica. She carried us through market paranoia triggered by Prop 10, kept us in the game and brought us the right buyer at the right price."

Passion Is What Drives Us

People Who Love Our Place

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