Westwood Apartment Building Sales
Explore 6 closed transactions totaling $28.90M in Westwood. Data from the LAAA Team at Marcus & Millichap.
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Transactions
$28.90M
Total Volume
3.45%
Avg Cap Rate
$587,500
Avg $/Unit
6
Avg Units
2012
Since
Cap rate, price per unit and unit count are averaged across apartment sales only: 2 of these 6 closed transactions are apartment sales.
LAAA Team Track Record Since 2012
Westwood Multifamily Market Overview
Westwood sits adjacent to UCLA where 45,000 students generate relentless apartment demand. Across 6 transactions totaling $28.9M, the 2 apartment sales average a 3.45% cap rate at $588,000 per unit across 12 units. The other 4 closings are development sites. Future Metro D Line station. LA RSO applies.
Market Snapshot
Source: CoStar | Beverly Hills/Century City/UCLA Multifamily | 2026 Q1Rents by Unit Type
Investment Activity (Trailing 12 Mo)
Westwood Market Area
LAAA Team Closings in Westwood
6 transactions by Glen Scher, Filip Niculete & the LAAA Team
504 Glenrock Ave & 505 Landfair Ave
Los Angeles • 2023
$12,750,000
10605 Eastborne Ave
Los Angeles • 2022
$2,400,000
10609 Eastborne Ave
Los Angeles • 2021
$2,900,000
400 Landfair Ave
Los Angeles • 2021
$3,450,000Units
6Cap
3.15%$/Unit
$575,000
461 Midvale Ave
Los Angeles • 2021
$3,600,000Units
6Cap
3.75%$/Unit
$600,000
10939 Ohio Ave
Los Angeles • 2019
$3,800,000Cap
2.17%
Source: LAAA Team Closed Transactions
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