About Major Properties

Major Properties was founded in 1964 by Arnold Luster and Fred Mills. In the family tradition, sons Jeff Luster and Brad Luster became owners of the business in 1992. As a leader in the Downtown Los Angeles real estate market for almost half a century, Major Properties has brokered over $3 billion in transactions and has served thousands of commercial and industrial property sellers, buyers, lessors and lessees.

In 2010, we started a residential division to serve the needs of clients and the many people looking to purchase, sell or lease Downtown condos, lofts and apartments. Single family residences located outside of the area are also included in the mix.

Our organization is comprised of a team of talented professionals who understand what it takes to successfully move real estate. Our sales staff has access to a comprehensive support system that includes a management and secretarial staff, a full-time marketing, database and IT manager, and on-line networking with the A.I.R. Industrial Multiple/CDX, LoopNet and the Los Angeles Board of Realtor’s Multiple Listing Service (The MLS).

Major Properties is not bound by rigid policy guidelines like some national real estate firms headquartered in far-off cities. We provide a flexible marketing effort that rapidly adjusts to changing demands and fluctuating business conditions. We can provide you with up-to-the-minute sales and leasing information, as well as honest projections of future real estate value, based on our many years of experience.

Los Angeles is truly multicultural, and the ability to communicate clearly is paramount in a city where people of all nationalities negotiate to sell, purchase and lease some of the choicest real estate in the world. Accordingly, our multi-lingual staff speaks English, Spanish, Korean, French, Farsi and Hebrew.

Major Properties offers the following services:

  • Commercial, industrial and residential real estate brokerage:
    Manufacturing, warehouse and distribution facilities; office buildings; retail/wholesale stores; shopping centers; hotels and motels; auto repair and service stations; churches and community centers; residential condominiums, lofts, apartments and single family residences;
  • Property sales & acquisitions; Leasing & tenant representation
  • Property valuation & appraisal; expert market analysis
  • Property management: 24/7 full service management
  • Real estate consulting, investment & syndication expertise

Major Properties specializes in the following Los Angeles regions:

  • Downtown Los Angeles
  • Mid-City
  • Koreatown
  • Hollywood, West Hollywood and adjacent areas
  • South Los Angeles
  • East Los Angeles
  • West Los Angeles