Marcus & Millichap

Richard J. Ringer

Overview

Richard (Rick) Ringer is a Los Angeles native who has a deep understanding and profound appreciation for the city's great history. Rick has spent the last 18 years in the commercial real estate industry, both as a broker and as a principal. Since joining Marcus & Millichap in 1998 he has closed over 230 market rate and affordable (LIHTC) commercial real estate transactions, totaling more than $900,000,000.
 
In 2004, Rick was inducted as a Senior Investment Associate and in 2008, was promoted to Vice President Investments. Rick further advanced to the First Vice President Investments designation in March 2010.  July 2015, Rick was honored by being inducted as a Senior Vice President Investments. 

Rick specializes in multi-family housing and is a Senior Director of Marcus & Millichap's National Multi Housing Group. Rick's submarket specialty is West Los Angeles, but his industry expertise allows him to successfully close deals throughout the Los Angeles area. Rick's accolades include twelve National Achievement Awards, which distinguish Marcus & Millichap's top agents nationwide. His most recent National Achievement Award was announced in March of 2015.  In 2013 he was nominated for  the Real Property Person of the Year Award by the State Bar of California.  Rick's dedication and success has also earned him fifteen Sales Recognition Awards.

In addition to his many Marcus & Millichap honors, Rick has also been featured in Southern California Real Estate magazine's annual "Top 40 Under Forty" edition, highlighting the top forty young real estate professionals in Southern California. Because of his vast local market knowledge and transactional experience, Rick is often quoted in publications such as the Los Angeles Times, the Los Angeles Business Journal, Globe Street, and the Wall Street Journal.

Rick believes in cultivating relationships with his clients and is thoroughly results-driven. As a multi-family specialist with a proven transactional history, Rick has established himself as a foremost authority in the West Los Angeles commercial real estate market.

West Los Angeles
Richard J. Ringer

Richard J. Ringer

Senior Managing Director Investments
Tel: (310) 909-5428
Fax: (310) 909-5484

License:  CA  01494512

Senior Director - National Multi Housing Group
Member - National Land Group

Promoted to Associate in March, 2000
Promoted to Senior Associate in October, 2001
Promoted to Senior Investment Associate in July, 2004
Promoted to Vice President Investments in January, 2008
Promoted to First Vice President Investments in March, 2010
Promoted to Senior Vice President Investments in July, 2015
Promoted to Senior Managing Director Investments in January, 2017

Cal State Northridge

National Achievement Award - 2016, 2015, 2014, 2013, 2012, 2011, 2008, 2007, 2006, 2005, 2004, 2003, 2002
Sales Recognition Award - 2017, 2016, 2015, 2014, 2013, 2012, 2011, 2010, 2008, 2007, 2006, 2005, 2004, 2003, 2002, 2001, 2000
Platinum - 2015

Transactions Closed

  • 6734 Bakman Ave

    6734 Bakman Ave

    Multifamily

    North Hollywood, CA
    Price: $3,500,000
    Size: 16,772 sqft
    Size: 20 units
    Cap Rate: 4.42%

  • 320 North Palm Drive

    320 North Palm Drive

    Multifamily

    Beverly Hills, CA
    Price: $3,500,000
    Size: 51,679 sqft
    Size: 43 units
    Cap Rate: 0.46%

  • 1218 North Laurel Avenue

    1218 North Laurel Avenue

    Multifamily

    West Hollywood, CA
    Price: $5,000,000
    Size: 12,318 sqft
    Size: 16 units
    Cap Rate: 3.26%

  • 2727 6th Street

    2727 6th Street

    Multifamily

    Santa Monica, CA
    Price: $17,425,000
    Size: 23,700 sqft
    Size: 31 units
    Cap Rate: 3.11%

  • 2019 W 157th St

    2019 W 157th St

    Multifamily

    Gardena, CA
    Price: $960,000
    Size: 5,398 sqft
    Size: 04 units
    Cap Rate: 3.76%

  • 843 16th Street

    843 16th Street

    Multifamily

    Santa Monica, CA
    Price: $8,695,000
    Size: 17,888 sqft
    Size: 13 units
    Cap Rate: 2.50%

  • 310 South Sherbourne Drive

    310 South Sherbourne Drive

    Multifamily

    Los Angeles, CA
    Price: $8,500,000
    Size: 18,582 sqft
    Size: 22 units
    Cap Rate: 5.52%

  • 18553-18563 Clark Street

    18553-18563 Clark Street

    Multifamily

    Tarzana, CA
    Price: $12,150,000
    Size: 44,609 sqft
    Size: 48 units
    Cap Rate: 4.08%

  • ALMONT TOWERS

    ALMONT TOWERS

    Multifamily

    Beverly Hills, CA
    Price: $15,425,000
    Size: 23,010 sqft
    Size: 19 units
    Cap Rate: 4.19%

  • 1427 North Laurel Avenue

    1427 North Laurel Avenue

    Multifamily

    West Hollywood, CA
    Price: $5,800,000
    Size: 16,298 sqft
    Size: 14 units
    Cap Rate: 3.36%

  • 8770 Shoreham Drive

    8770 Shoreham Drive

    Multifamily

    West Hollywood, CA
    Price: $5,200,000
    Size: 13,902 sqft
    Size: 13 units
    Cap Rate: 3.89%

  • 926 South Bedford Street

    926 South Bedford Street

    Multifamily

    Los Angeles, CA
    Price: $1,950,000
    Size: 4,992 sqft
    Size: 05 units
    Cap Rate: 3.15%

  • 8617-8627 Wilbur Avenue

    8617-8627 Wilbur Avenue

    Multifamily

    Northridge, CA
    Price: $11,325,000
    Size: 45,602 sqft
    Size: 40 units
    Cap Rate: 5.53%

  • 8527 Foothill Boulevard

    8527 Foothill Boulevard

    Land - Multi-Family

    Sunland, CA
    Price: $1,098,950
    Size: 22,550 sqft

  • 655 South Dunsmuir Avenue

    655 South Dunsmuir Avenue

    Multifamily

    Los Angeles, CA
    Price: $2,250,000
    Size: 7,547 sqft
    Size: 08 units
    Cap Rate: 3.14%

  • 12302 Weddington Street

    12302 Weddington Street

    Land - Multi-Family

    Valley Village, CA
    Price: $1,125,000
    Size: 10,540 sqft

  • 1017 South La Brea Avenue

    1017 South La Brea Avenue

    Office

    Los Angeles, CA
    Price: $1,250,000
    Cap Rate: 0.12%

  • 2727 6th Street

    2727 6th Street

    Multifamily

    Santa Monica, CA
    Price: $11,888,888
    Size: 31 units
    Cap Rate: 3.48%

  • 1427 North Laurel Avenue

    1427 North Laurel Avenue

    Multifamily

    West Hollywood, CA
    Price: $5,200,000
    Size: 16,298 sqft
    Size: 14 units
    Cap Rate: 5.35%

  • 526 North Orlando Avenue

    526 North Orlando Avenue

    Multifamily

    West Hollywood, CA
    Price: $8,250,000
    Size: 23,326 sqft
    Size: 19 units
    Cap Rate: 3.27%

  • 1047 North Stanley Avenue

    1047 North Stanley Avenue

    Multifamily

    West Hollywood, CA
    Price: $2,325,000
    Size: 7,854 sqft
    Size: 10 units
    Cap Rate: 3.64%

  • 5700 West Olympic Boulevard

    5700 West Olympic Boulevard

    Multifamily

    Los Angeles, CA
    Price: $23,550,000
    Size: 52,218 sqft
    Size: 71 units
    Cap Rate: 5.79%

  • Villa Cordova

    Villa Cordova

    Multifamily

    Santa Monica, CA
    Price: $8,800,000
    Size: 20,338 sqft
    Size: 21 units
    Cap Rate: 3.72%

  • 1221 North Genesee Avenue

    1221 North Genesee Avenue

    Multifamily

    West Hollywood, CA
    Price: $4,900,000
    Size: 10,971 sqft
    Size: 19 units
    Cap Rate: 4.10%

  • 1218 North Laurel Avenue

    1218 North Laurel Avenue

    Multifamily

    West Hollywood, CA
    Price: $3,910,000
    Size: 12,318 sqft
    Size: 16 units
    Cap Rate: 3.03%

  • 2210 North Beachwood Drive

    2210 North Beachwood Drive

    Multifamily

    Los Angeles, CA
    Price: $3,650,000
    Size: 16,472 sqft
    Size: 15 units
    Cap Rate: 3.68%

  • 425 South Willaman Drive

    425 South Willaman Drive

    Multifamily

    Los Angeles, CA
    Price: $12,500,000
    Size: 35,362 sqft
    Size: 36 units
    Cap Rate: 5.12%

  • 43 Navy Street

    43 Navy Street

    Multifamily

    Venice, CA
    Price: $2,400,000
    Size: 3,932 sqft
    Size: 03 units
    Cap Rate: 2.68%

  • Surfrider

    Surfrider

    Multifamily

    Malibu, CA
    Price: $6,800,000
    Size: 4,628 sqft
    Size: 20 units
    Cap Rate: 4.62%

  • 1217 & 1221 Amherst Avenue

    1217 & 1221 Amherst Avenue

    Multifamily

    Los Angeles, CA
    Price: $5,800,000
    Size: 15,838 sqft
    Size: 19 units
    Cap Rate: 4.32%

  • Chateau Carondelet

    Chateau Carondelet

    Multifamily

    Los Angeles, CA
    Price: $5,125,000
    Size: 27,125 sqft
    Size: 59 units
    Cap Rate: 5.52%

  • 3900 Moore Street

    3900 Moore Street

    Multifamily

    Los Angeles, CA
    Price: $1,934,000
    Size: 4,980 sqft
    Size: 06 units
    Cap Rate: 3.40%

  • 1901-1913 West 3rd Street

    1901-1913 West 3rd Street

    Multifamily

    Los Angeles, CA
    Price: $3,000,000
    Size: 19,720 sqft
    Size: 43 units
    Cap Rate: 5.73%

  • 436 East 16th Street

    436 East 16th Street

    Multifamily

    Long Beach , CA
    Price: $850,000
    Size: 7,488 sqft
    Size: 08 units
    Cap Rate: 5.15%

  • 3743 Midvale Avenue

    3743 Midvale Avenue

    Land - Multi-Family

    Los Angeles, CA
    Price: $950,000
    Size: 7,993 sqft
    Size: 03 units
    Cap Rate: 1.67%

  • 1211 Horn Avenue

    1211 Horn Avenue

    Multifamily

    West Hollywood, CA
    Price: $5,325,000
    Size: 14,400 sqft
    Size: 16 units
    Cap Rate: 3.18%

  • 8770 Shoreham Drive

    8770 Shoreham Drive

    Multifamily

    West Hollywood, CA
    Price: $4,300,000
    Size: 13,902 sqft
    Size: 13 units
    Cap Rate: 6.39%

  • 1047 North Stanley Avenue

    1047 North Stanley Avenue

    Multifamily

    West Hollywood, CA
    Price: $1,975,000
    Size: 7,854 sqft
    Size: 10 units
    Cap Rate: 3.51%

  • 1760 El Cerrito Place

    1760 El Cerrito Place

    Multifamily

    Los Angeles, CA
    Price: $4,200,000
    Size: 14,768 sqft
    Size: 21 units
    Cap Rate: 3.65%

  • Don Carlos Residences

    Don Carlos Residences

    Multifamily

    Beverly Hills, CA
    Price: $6,700,000
    Size: 11,632 sqft
    Size: 16 units
    Cap Rate: 3.77%

  • The Camelot Apartments

    The Camelot Apartments

    Multifamily

    Los Angeles, CA
    Price: $9,000,000
    Size: 35,362 sqft
    Size: 36 units
    Cap Rate: 3.68%

  • 8221 De Longpre Avenue

    8221 De Longpre Avenue

    Multifamily

    West Hollywood, CA
    Price: $5,800,000
    Size: 23,970 sqft
    Size: 28 units
    Cap Rate: 3.53%

  • 1241 Amherst Avenue

    1241 Amherst Avenue

    Multifamily

    Los Angeles, CA
    Price: $2,200,000
    Size: 5,530 sqft
    Size: 08 units
    Cap Rate: 4.40%

  • 1723 Centinela Avenue

    1723 Centinela Avenue

    Multifamily

    Santa Monica, CA
    Price: $1,460,000
    Size: 4,982 sqft
    Size: 05 units
    Cap Rate: 4.55%

  • 1826 South Bundy Drive

    1826 South Bundy Drive

    Multifamily

    Los Angeles, CA
    Price: $2,835,000
    Size: 8,400 sqft
    Size: 08 units
    Cap Rate: 4.81%

  • 1451 and 1453 North Vista Street

    1451 and 1453 North Vista Street

    Multifamily Vacant/User

    Los Angeles, CA 90046, CA
    Price: $900,000
    Size: 2,038 sqft
    Size: 08 units
    Cap Rate: 0.13%

  • Crescent Place

    Crescent Place

    Multifamily

    West Hollywood, CA
    Price: $8,100,000
    Size: 25 units
    Cap Rate: 4.01%

  • 5229 Hollywood Blvd

    5229 Hollywood Blvd

    Multifamily

    Los Angeles, CA
    Price: $3,400,000
    Size: 14,088 sqft
    Size: 16 units
    Cap Rate: 5.84%

  • Guardian Arms Apartments

    Guardian Arms Apartments

    Multifamily

    Los Angeles, CA
    Price: $10,650,000
    Size: 75,606 sqft
    Size: 94 units
    Cap Rate: 5.46%

  • Walgreens

    Walgreens

    Net Leased Drug Store

    Southlake, TX
    Size: 15,120 sqft
    Cap Rate: 7.45%

  • 1938 South Corning Street

    1938 South Corning Street

    Multifamily

    Los Angeles, CA
    Price: $2,450,000
    Size: 16,072 sqft
    Size: 14 units
    Cap Rate: 6.01%

  • 1900 Grace Avenue

    1900 Grace Avenue

    Multifamily

    Los Angeles, CA
    Price: $5,200,000
    Size: 31 units
    Cap Rate: 5.47%

  • 1047 North Stanley Avenue

    1047 North Stanley Avenue

    Multifamily

    West Hollywood, CA
    Price: $1,732,500
    Size: 7,854 sqft
    Size: 10 units
    Cap Rate: 4.01%

  • 9017 Harratt Street

    9017 Harratt Street

    Multifamily

    West Hollywood, CA
    Price: $1,600,000
    Size: 5,312 sqft
    Size: 08 units
    Cap Rate: 4.17%

  • 11426 Calvert Street

    11426 Calvert Street

    Multifamily

    North Hollywood, CA
    Price: $3,800,000
    Size: 21,712 sqft
    Size: 21 units
    Cap Rate: 4.63%

  • 1522 North Formosa Avenue

    1522 North Formosa Avenue

    Multifamily

    Los Angeles, CA
    Price: $6,596,750
    Size: 24,829 sqft
    Size: 36 units
    Cap Rate: 8.96%

  • 5606, 5612 & 5618 Harold Way

    5606, 5612 & 5618 Harold Way

    Multifamily

    Los Angeles, CA
    Price: $2,600,000
    Size: 18,024 sqft
    Size: 23 units
    Cap Rate: 5.04%

  • 212 South Lasky Drive

    212 South Lasky Drive

    Multifamily

    Beverly Hills, CA
    Price: $2,570,000
    Size: 7,122 sqft
    Size: 09 units
    Cap Rate: 4.12%

  • Midas

    Midas

    Net Leased Auto Service - Gas/Conv.

    Brandon, FL
    Price: $730,000
    Size: 4,650 sqft
    Cap Rate: 10.00%

  • 421 Ocean Front Walk

    421 Ocean Front Walk

    Multifamily

    Venice, CA
    Price: $3,250,000
    Size: 5,565 sqft
    Size: 08 units
    Cap Rate: 5.28%

  • 11720 Bellagio Road

    11720 Bellagio Road

    Multifamily

    Los Angeles, CA
    Price: $4,370,000
    Size: 15,676 sqft
    Size: 24 units
    Cap Rate: 4.99%

  • 6438 Vineland Avenue

    6438 Vineland Avenue

    Multifamily

    North Hollywood, CA
    Price: $3,200,000
    Size: 18,844 sqft
    Size: 22 units
    Cap Rate: 9.20%

  • 667 South Carondelet Street

    667 South Carondelet Street

    Multifamily

    Los Angeles, CA
    Price: $3,235,000
    Size: 28,156 sqft
    Size: 59 units
    Cap Rate: 6.96%

  • Grattan Plaza

    Grattan Plaza

    Multifamily

    Los Angeles, CA
    Price: $1,615,000
    Size: 7,492 sqft
    Size: 32 units
    Cap Rate: 7.32%

  • 11606 Gorham Avenue

    11606 Gorham Avenue

    Multifamily

    Los Angeles, CA
    Price: $2,424,000
    Size: 7,320 sqft
    Size: 10 units
    Cap Rate: 4.43%

  • 2500 North Beachwood Drive

    2500 North Beachwood Drive

    Multifamily

    Los Angeles, CA
    Price: $1,450,000
    Size: 6,788 sqft
    Size: 08 units
    Cap Rate: 5.01%

  • The Towers

    The Towers

    Multifamily

    Pasadena, CA
    Price: $3,255,000
    Size: 16,200 sqft
    Size: 34 units
    Cap Rate: 5.50%

  • Chateau Vincennes

    Chateau Vincennes

    Multifamily

    Northridge, CA
    Price: $6,700,000
    Size: 44,468 sqft
    Size: 50 units
    Cap Rate: 5.42%

  • 526 North Orlando Avenue

    526 North Orlando Avenue

    Multifamily

    West Hollywood, CA
    Price: $4,112,500
    Size: 20,993 sqft
    Size: 19 units
    Cap Rate: 5.08%

  • 542 South Venice Boulevard

    542 South Venice Boulevard

    Multifamily

    Venice, CA
    Price: $5,675,000
    Size: 23,612 sqft
    Size: 28 units
    Cap Rate: 4.87%

  • BEL AIR APARTMENTS

    BEL AIR APARTMENTS

    Multifamily

    Bel Air, CA
    Price: $7,200,000
    Size: 29 units
    Cap Rate: 4.24%

  • Oakhurst Apartments

    Oakhurst Apartments

    Multifamily

    Beverly Hills, CA
    Price: $7,500,000
    Size: 31,680 sqft
    Size: 24 units
    Cap Rate: 4.54%

  • 1200 Manhatthan Beach Boulevard

    1200 Manhatthan Beach Boulevard

    Multifamily

    Manhattan Beach, CA
    Price: $4,800,000
    Size: 16,600 sqft
    Size: 18 units
    Cap Rate: 3.99%

  • Courtyard TownHomes

    Courtyard TownHomes

    Multifamily

    Van Nuys, CA
    Price: $2,025,000
    Size: 11,180 sqft
    Size: 10 units
    Cap Rate: 6.13%

  • 332 Victoria Street

    332 Victoria Street

    Multifamily

    Costa Mesa, CA
    Price: $4,125,000
    Size: 20,421 sqft
    Size: 24 units
    Cap Rate: 6.08%

  • Commodore Apartments

    Commodore Apartments

    Multifamily

    Los Angeles, CA
    Price: $6,250,000
    Size: 31,400 sqft
    Size: 73 units
    Cap Rate: 4.64%

  • Highland Manor

    Highland Manor

    Multifamily

    Santa Monica, CA
    Price: $3,100,000
    Size: 14,455 sqft
    Size: 12 units
    Cap Rate: 4.84%

  • Blake Manor

    Blake Manor

    Multifamily

    Los Angeles, CA
    Price: $1,900,000
    Size: 11,923 sqft
    Size: 33 units
    Cap Rate: 9.82%

  • Fountain Lanai Apartments

    Fountain Lanai Apartments

    Multifamily

    West Hollywood, CA
    Price: $6,135,000
    Size: 22,750 sqft
    Size: 28 units
    Cap Rate: 5.32%

  • The Harman Manor

    The Harman Manor

    Multifamily

    Santa Monica, CA
    Price: $1,610,000
    Size: 6,250 sqft
    Size: 10 units
    Cap Rate: 4.13%

  • 34375 Via San Juan

    34375 Via San Juan

    Multifamily

    Capistrano Beach, CA
    Price: $632,000
    Size: 3,432 sqft
    Size: 02 units
    Cap Rate: 6.54%

  • 420 California Avenue

    420 California Avenue

    Multifamily

    Santa Monica, CA
    Price: $5,335,000
    Size: 16,743 sqft
    Size: 20 units
    Cap Rate: 4.18%

  • 1025 South La Brea Avenue

    1025 South La Brea Avenue

    Retail Vacant/User

    Los Angeles, CA
    Price: $650,000
    Size: 1,260 sqft

  • 24 Unit Condo Conversion

    24 Unit Condo Conversion

    Multifamily

    LOS ANGELES, CA
    Price: $6,918,000
    Size: 34,292 sqft
    Size: 24 units
    Cap Rate: -1.48%

  • Seaside Villas

    Seaside Villas

    Multifamily

    Santa Monica, CA
    Price: $3,325,000
    Size: 15,192 sqft
    Size: 12 units
    Cap Rate: 3.32%

  • 1435 West 3rd Street

    1435 West 3rd Street

    Land - Multi-Family

    Los Angeles, CA
    Price: $5,000,000
    Size: 36,765 sqft

  • 932 11th Street

    932 11th Street

    Multifamily

    Santa Monica, CA
    Price: $2,252,667
    Size: 8,596 sqft
    Size: 10 units
    Cap Rate: 4.19%

  • 11513-11515 Rochester Avenue

    11513-11515 Rochester Avenue

    Multifamily

    Los Angeles, CA
    Price: $5,935,000
    Size: 23,376 sqft
    Size: 17 units
    Cap Rate: 4.19%

  • 4774 Park Granada

    4774 Park Granada

    Shopping Strip

    Calabasas, CA
    Price: $6,300,000
    Size: 11,556 sqft
    Cap Rate: 5.16%

  • 2811 Washington

    2811 Washington

    Shopping Strip

    Stephenville, TX
    Size: 10,000 sqft
    Cap Rate: 7.53%

  • 1452 19th Street

    1452 19th Street

    Multifamily

    Santa Monica, CA
    Price: $3,500,000
    Size: 9,681 sqft
    Size: 11 units
    Cap Rate: 4.57%

  • 7639 College Avenue

    7639 College Avenue

    Multifamily

    Whittier, CA
    Price: $3,600,000
    Size: 23,760 sqft
    Size: 22 units
    Cap Rate: 7.79%

  • 6260 Vineland Avenue

    6260 Vineland Avenue

    Multifamily

    North Hollywood, CA
    Price: $1,475,000
    Size: 5,912 sqft
    Size: 12 units

  • 569 E. 11th St.

    569 E. 11th St.

    Multifamily

    Upland, CA
    Price: $4,400,000
    Size: 22,380 sqft
    Size: 28 units

  • 7303-7323 Bakman Avenue

    7303-7323 Bakman Avenue

    Multifamily

    Sun Valley, CA
    Price: $2,400,000
    Size: 19,190 sqft
    Size: 20 units
    Cap Rate: 2.52%

  • 5217-5233 Hollywood Boulevard

    5217-5233 Hollywood Boulevard

    Multifamily & Retail

    Los Angeles, CA
    Price: $10,000,000
    Size: 86,694 sqft
    Size: 101 units
    Cap Rate: 2.99%

  • 11600 Menlo Avenue

    11600 Menlo Avenue

    Multifamily

    Hawthorne, CA
    Price: $1,000,000
    Size: 7,600 sqft
    Size: 07 units
    Cap Rate: 3.49%

  • Mission Plaza II

    Mission Plaza II

    Shopping Strip

    Mission, TX
    Size: 15,984 sqft
    Cap Rate: 7.39%

  • 1534 Winona Boulevard

    1534 Winona Boulevard

    Multifamily

    Los Angeles, CA
    Price: $1,262,500
    Size: 12,300 sqft
    Size: 16 units
    Cap Rate: 3.06%

  • 21707 Saticoy Street

    21707 Saticoy Street

    Multifamily

    Canoga Park, CA
    Price: $5,700,000
    Size: 39,088 sqft
    Size: 40 units
    Cap Rate: 5.63%

There are additional transactions closed, contact us for more.

In The News

  • 19 Units Sell in West Hollywood

    Read More

    Two Prime West L.A. Apartments Change Hands

    Read More

    Richard J. Ringer Promoted to First Vice President Investments in West Los Angeles

    Read More