Los Angeles has experienced a modest population increase of about 1% year-over-year, bringing the total to approximately 12.9 million residents in the fourth quarter of 2026. This follows a slight decline in population from 2021 to 2023, with a net migration of 7,597 individuals contributing to the current figure. The median household income stands at $96,405, while the unemployment rate is reported at 5.7%. With over 6.5 million employed individuals and an average weekly wage of $1,649, the renter share is notably high at 51.8%, indicating strong demand for housing in the area.
In the multifamily sector, year-over-year rent growth has been recorded at 4%, with the median gross rent remaining stable at $2,114. The HUD Fair Market Rents for a two-bedroom unit are benchmarked at $2,655, which is typically below market expectations. The current rental landscape suggests a degree of affordability pressure, as the asking rents for various unit types indicate a competitive market environment, particularly for larger units.
Capital markets in Los Angeles reflect a multifamily cap rate of 4.46%, which is approximately 258 basis points tighter than the national median of 7.04%. Over the trailing 24 months, there have been 4,208 transactions totaling nearly $9.6 billion, with a median price per unit of $365,500, significantly higher than the 50-market median of $199,975. This data underscores a robust investment appetite in the multifamily sector, driven by strong demand fundamentals. Recent news from CBRE Research indicates that the multifamily market remains resilient, suggesting continued interest from investors despite broader economic uncertainties.
Figures assembled automatically from public property records, third-party listing feeds, licensed market data, and federal sources (HUD, Census, BLS).
Los Angeles County multifamily investment sales are up after the third quarter while average rent and occupancy rates appear to be stuck in neutral. Sales volume for multifamily properties with 50 or more units reached $3.3 billion so far on the year, up 44 percent from the same period in…
Marcus & Millichap recently completed the sale of Empire Apartments, a 29-unit multifamily property in Anaheim. The property sold for $8.5 million, or $293,103 per unit. “This transaction was completed all cash and non-contingent at signing, with a 26-day escrow,” said Tyler Leeson, executive managing director investments. “It also represents…
OCVIBE, the 100-acre mixed-use development surrounding Honda Center, unveiled the design for SENA, Anaheim’s first hotel in Marriott’s Autograph Collection portfolio. Expected to open in 2029 with 300-plus keys, the hotel will be OCVIBE’s first and will include a signature restaurant from Chef José Andrés and a suite of hospitality…
Southern California’s retail real estate market continued to tighten in the third quarter of 2026, with positive net absorption and declining vacancy across much of the region, according to a new report released Monday from Colliers. Retail tenants absorbed about 757,600 square feet during the quarter across Los Angeles and…
While the logistics and shipping sectors seem more uncertain than they have in years, with shifting tariffs and trade policy compounded by a diesel fuel crisis, a number of companies are looking to invest in a more stable future. Increasingly, that means owning, not renting. It’s a dynamic that’s playing…
Los Angeles County’s industrial real estate market extended its recovery over the summer with its fourth quarter in a row of positive net absorption and its first annual decline in vacancy in at least two years. A new report from CBRE shows industrial tenants absorbed 1.9 million square feet during…
Recent trends indicate a struggling office market while multifamily sales remain strong in Los Angeles.
The Los Angeles commercial real estate landscape reveals contrasting trends in the office and multifamily sectors.
The Downtown Los Angeles office market faces significant challenges, while the multifamily sector shows strong activity and ongoing affordable housing initiatives.
| Sold | Address | Type | Units | Price | $/Unit |
|---|---|---|---|---|---|
| 2026-04-08 | 5326 Cahuenga Blvd, North Hollywood, CA 91601 | Multifamily | 8 | $1.6M | $200,000 |
| 2026-03-31 | 4123-25 Ocean View Blvd, Montrose, CA 91020 | Multifamily | 6 | $1.7M | $280,833 |
| 2026-03-27 | 3201 W Florence Ave, Los Angeles, CA 90043 | Multifamily | 5 | $775K | $155,000 |
| 2026-02-27 | 5007 E Ocean Blvd, Long Beach, CA 90803 | Multifamily | 10 | $3.0M | $300,000 |
| 2026-02-24 | 10945 Hesby St, North Hollywood, CA 91601 | Multifamily | 5 | $850K | $170,000 |
| 2026-02-19 | 6045 Hazelhurst Pl, North Hollywood, CA 91606 | Multifamily | 10 | $2.4M | $240,000 |
| 2026-02-10 | 11311 Burbank Blvd, North Hollywood, CA 91601 | Multifamily | 5 | $1.1M | $220,000 |
| 2026-01-30 | 6110 Seville Ave, Huntington Park, CA 90255 | Multifamily | 19 | $4.1M | $214,474 |
| 2026-01-16 | 732 W Imperial Hwy, Los Angeles, CA 90044 | Multifamily | 10 | $1.9M | $186,000 |
| 2026-01-16 | 4334 S Main St, Los Angeles, CA 90037 | Multifamily | 10 | $1.3M | $131,250 |
| 2026-01-14 | 1901 W Florence Ave, Los Angeles, CA 90047 | Multifamily | 6 | $1.0M | $166,667 |
| 2026-01-07 | 4302 S Hoover St, Los Angeles, CA 90037 | Multifamily | 8 | $1.5M | $187,500 |
| 2026-01-06 | 458 N Genesee Ave, Los Angeles, CA 90036 | Multifamily | 4 | $2.0M | $500,000 |
| 2026-01-01 | 5919 Whitnall Hwy, North Hollywood, CA 91601 | Multifamily | 6 | $925K | $154,167 |
| 2025-12-31 | 240 E 60th St, Los Angeles, CA 90003 | Multifamily | 10 | $1.7M | $173,500 |
| 2025-12-30 | 7246 Petrol St, Paramount, CA 90723 | Multifamily | 10 | $2.9M | $290,000 |
| 2025-12-30 | 10355 Long Beach Blvd, Lynwood, CA 90262 | Multifamily | 30 | $4.0M | $133,333 |
| 2025-12-29 | 1816 Speyer Ln, Redondo Beach, CA 90278 | Multifamily | 4 | $1.9M | $481,250 |
| 2025-12-24 | 13459 Moorpark St, Sherman Oaks, CA 91423 | Multifamily | 12 | $3.2M | $263,333 |
| 2025-12-23 | 1047 E 33rd St, Los Angeles, CA 90011 | Multifamily | 8 | $1.1M | $143,750 |
| 2025-12-23 | 1801 S Longwood Ave, Los Angeles, CA 90019 | Multifamily | 7 | $1.4M | $200,000 |
| 2025-12-22 | 6416 S Victoria Ave, Los Angeles, CA 90043 | Multifamily | 10 | $1.4M | $140,000 |
| 2025-12-19 | 13453 Moorpark St, Sherman Oaks, CA 91423 | Multifamily | 12 | $3.2M | $269,583 |
| 2025-12-16 | 946 S Kingsley Dr, Los Angeles, CA 90006 | Multifamily | 6 | $1.3M | $221,000 |
| 2025-12-05 | 1005 N Genesee Ave, West Hollywood, CA 90046 | Multifamily | 4 | $3.4M | $845,000 |
| 2025-12-03 | 711 E Vernon Ave, Los Angeles, CA 90011 | Multifamily | 9 | $1.4M | $161,111 |
| 2025-11-24 | 2213 Nelson Ave, Redondo Beach, CA 90278 | Multifamily | 4 | $2.3M | $562,500 |
| 2025-11-21 | 1038 Dewey Ave, Los Angeles, CA 90006 | Multifamily | 6 | $2.1M | $355,000 |
| 2025-11-12 | 1745 Magnolia Ave, Los Angeles, CA 90006 | Multifamily | 9 | $1.4M | $159,444 |
| 2025-11-10 | 7416 S Figueroa St, Los Angeles, CA 90003 | Multifamily | 10 | $875K | $87,500 |
| 2025-11-03 | 6401 Converse Ave, Los Angeles, CA 90001 | Multifamily | 5 | $1.3M | $268,000 |
| 2025-11-03 | 4264 Leimert Blvd, Leimert Park, CA 90008 | Multifamily | 6 | $1.4M | $240,000 |
| 2025-11-01 | 7811 S San Pedro St, Los Angeles, CA 90003 | Multifamily | 6 | $1.6M | $258,333 |
| 2025-10-31 | 432-438 W 107th St, Los Angeles, CA 90003 | Multifamily | 7 | $1.3M | $183,571 |
| 2025-10-28 | 1337 S Hoover St, Los Angeles, CA 90006 | Multifamily | 72 | $10.6M | $147,194 |
| 2025-10-24 | 4301 Woodlawn Ave, Los Angeles, CA 90011 | Multifamily | 8 | $1.3M | $165,625 |
| 2025-10-23 | 601 E 8th St, Azusa, CA 91702 | Multifamily | 112 | $29.3M | $261,607 |
| 2025-10-23 | 3712 Carmona Ave, Los Angeles, CA 90016 | Multifamily | 8 | $1.6M | $203,875 |
| 2025-10-22 | 520 E Adams St, Long Beach, CA 90805 | Multifamily | 26 | $4.6M | $176,923 |
| 2025-10-21 | 1315 S Carmelina Ave, Los Angeles, CA 90025 | Multifamily | 8 | $4.6M | $575,625 |
| 2025-10-16 | 5969 Franklin Ave, Los Angeles, CA 90028 | Multifamily | 4 | $1.7M | $425,000 |
| 2025-10-15 | 6027 Makee Ave, Los Angeles, CA 90001 | Multifamily | 6 | $980K | $163,333 |
| 2025-10-15 | 917 S Kenmore Ave, Los Angeles, CA 90006 | Multifamily | 12 | $2.1M | $171,667 |
| 2025-10-10 | 510 S Indian Hill Blvd, Claremont, CA 91711 | Multifamily | 75 | $26.0M | $346,667 |
| 2025-10-10 | 317 W 76th St, Los Angeles, CA 90003 | Multifamily | 5 | $890K | $177,980 |
| 2025-10-09 | 1707 S Bonnie Brae St, Los Angeles, CA 90006 | Multifamily | 5 | $1.4M | $290,000 |
| 2025-10-06 | 1441 S Hayworth Ave, Los Angeles, CA 90035 | Multifamily | 8 | $1.9M | $237,500 |
| 2025-10-02 | 1497 W 29th St, Los Angeles, CA 90007 | Multifamily | 8 | $1.3M | $167,500 |
| 2025-10-01 | 8302 7th St, Downey, CA 90241 | Multifamily | 2 | $438K | $218,750 |
| 2025-10-01 | 940 Pacific Ave, Long Beach, CA 90813 | Multifamily | 9 | $2.6M | $291,667 |
Recorded multifamily sales from public property records and third-party listing feeds over the trailing 24 months — a partial sample, not an exhaustive market index. Sources & methodology →
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