“Million Dollar Listing” stars Josh, Matt Altman Expand

Here they go again. The Altman Brothers Team is once again growing with the opening of the group’s third office, located in Rancho Santa Fe.

The Douglas Elliman team celebrated the new office’s grand opening on Monday, with the push into San Diego County following 2024’s unveiling of a Corona del Mar outpost at 3700 East Coast Highway.

The newest office, at 6009 Paseo Delicias, is currently lean with Jason Saks the sole agent staffing the office and serving as an area partner for The Altman Brothers. The team confirmed through a brokerage spokesperson the goal is to eventually staff up the office to three agents.

Josh Altman, who started The Altman Brothers with his brother Matt Altman and formerly starred on “Million Dollar Listing Los Angeles,” said in a press release on the new office that San Diego is “having a major moment,” which the new location will look to capitalize on.

The past two years saw Saks, along with The Altman Brothers, close on almost $200 million in San Diego County on- and off-market sales.

Saks and Josh last month listed 3000 Sandy Lane in Del Mar for $49.9 million, or $12,834 per square foot, for the beachfront property. It’s the new office’s most recent listing and brings its total inventory volume for the San Diego market to $160 million. Realty Holdings purchased the property in 2022 for $18.9 million, according to property records, and remodeled the home in the gated community of Sandy Lane before listing it.

Among the office’s other sizable listings is 6308 Camino De La Costa in La Jolla, which is asking $35 million, or roughly $3,411 per square foot.

The new office will focus on luxury markets within the county, including Rancho Santa Fe, Del Mar, La Jolla, Encinitas, Solana Beach, Carmel Valley and Poway.

Big brand

The growth of what Douglas Elliman President and CEO Michael Liebowitz called “one of the most powerful luxury real estate brands in the world,” comes after the team closed on a total of more than $1.3 billion in volume last year.

On The Real Deal’s most recent rankings of Los Angeles County’s top agents and teams for 2025, The Altman Brothers placed fourth with $591.7 million in volume across 88 trades. The rankings are based on on-market deals of $1 million or more between July 1, 2024 and July 1, 2025.

The Altman Brothers in 2019 opened its first standalone address on Robertson Boulevard in Los Angeles’ Beverly Grove neighborhood.

In August 2024, the team opened its first permanent Corona del Mar office with a 15-year lease for a property once occupied by a bank. The team had earlier operated in a temporary space two blocks away, while the permanent location was being renovated. At the time of the Orange County opening, Josh projected to TRD the office would generate around $1 billion in sales annually. He also guessed the office could mature to rival that of Los Angeles, particularly given the absence of a tax in Orange County akin to Measure United to House L.A.

The 2022 ballot measure that went into effect in April 2023 applies a 4 percent tax on real estate deals starting at $5.3 million and 5.5 percent on trades of $10.6 million or more.