Insights | LA Apartment Advisors
Market insights, guides, and analysis from the LAAA Team — LA's most active multifamily investment sales team.
FAQs
What is the current state of the LA apartment building market?
The Los Angeles multifamily market continues to benefit from chronic housing undersupply, strong rental demand, and limited new construction due to high costs and regulatory barriers. While interest rates have impacted cap rates and deal volume since 2022, fundamentals remain strong for long-term apartment building investors.
How do Glen Scher & Filip Niculete stay informed about market trends?
As the #1 most active multifamily agents in the San Fernando Valley (CoStar data), Glen Scher and Filip Niculete are directly involved in more transactions than any competing team. This gives us real-time pricing data, buyer sentiment insights, and market intelligence that no amount of desk research can replicate.
Where can I get a free apartment building valuation?
Contact Glen Scher & Filip Niculete at (818) 212-2808 or visit our contact page to request a confidential Broker Opinion of Value (BOV) for your apartment building. We provide detailed valuation reports based on comparable sales, income analysis, and current market conditions — no obligation.
How do interest rates affect LA apartment building values?
Rising interest rates compress cap rates and reduce buyer purchasing power, which can lower sale prices. However, Los Angeles' chronic housing shortage and strong rental demand provide a floor that other markets lack. In practice, stabilized RSO buildings with below-market rents retain value well during rate increases because their income growth potential is unaffected by financing costs. The impact varies significantly by property type and submarket.
What market data should multifamily investors track?
Key metrics to monitor include average cap rates by submarket, rental vacancy rates, new construction pipeline (building permits filed with LADBS), median asking rents by unit type and neighborhood, and overall transaction volume. The LAAA Team publishes market insights based on real-time transaction data from our 455+ closings and active buyer and seller engagement across Los Angeles County.
Contact Glen Scher: (818) 212-2808 | Glen.Scher@marcusmillichap.com