Palms Apartment Building Sales
Explore 4 closed multifamily transactions totaling $5.39M in Palms. Data from the LAAA Team at Marcus & Millichap.
4
Transactions
$5.39M
Total Volume
3.80%
Avg Cap Rate
$318,500
Avg $/Unit
6
Avg Units
2013
Since
Palms Multifamily Market Overview
Palms is the Westside's most accessible entry point between Culver City and West LA with Expo Line transit. Across 4 transactions totaling $5.4M, average cap rate is 3.80% at $319K per unit. LA RSO applies.
Market Metrics
Total Deals
4
Total Volume
$5.39M
Avg Cap Rate
3.80%
Cap Rate Range
2.06% - 7.06%
Avg $/Unit
$318,500
$/Unit Range
$285,000 - $352,000
Avg Units/Deal
6
Deal Types
Apartments: 2, Retail: 2
Market Snapshot
Source: CoStar | Greater Culver City Multifamily | 2026 Q1Rents by Unit Type
Supply & Demand
Investment Activity (Trailing 12 Mo)
LAAA Team Closings in Palms
4transactions by Glen Scher, Filip Niculete & the LAAA Team
2011 Chariton St
Los Angeles • 2020
$2.11MUnits
6Cap
3.39%$/Unit
$352,000
8733 Venice Blvd
Los Angeles • 2020
$930,000Cap
2.06%
3146 S Halm Ave
Los Angeles • 2019
$1.43MUnits
5Cap
2.68%$/Unit
$285,000
2370 South Robertson Boulevard
Los Angeles • 2014
$925,000Cap
7.06%
Source: LAAA Team Closed Transactions
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