Answer
What cap rate are LA multifamily buildings selling at?
LA County multifamily cap rates vary widely by submarket, unit count, and rent-regulation exposure. Trophy coastal South Bay and Santa Monica trade tighter than value-add Long Beach, Inglewood, or San Pedro. Published averages are misleading — for a current, property-specific cap rate on your building, call 310.259.7556.
Why averages are misleading
A 4-unit in Belmont Heights trades on a completely different cap rate than a 24-unit in Wrigley. Lumping submarkets into one number is how owners over- or under-price their building.
How we pull a real cap rate
We pull last-6-months closed comps in your submarket at your unit count, adjust for regulation and condition, and cross-check against active buyer demand — the same underwriting a serious buyer runs.
Local context
This answer reflects how deals actually trade in Cameron Samimi's core coverage area: the South Bay (Torrance, Redondo Beach, Hawthorne, Lawndale, Gardena, El Segundo), Long Beach (Alamitos Beach, Belmont Heights, Wrigley, Bixby Knolls, Downtown), and Westside LA. Pricing, rent regulation, and buyer depth differ materially between these submarkets — verify the specifics for your property before acting.
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