Los Angeles Multifamily Market Report
LAAA Team at Marcus & Millichap | Q3 2026
Data-driven market insights from 490+ closed transactions totaling $1.5B+ in sales volume.
31
Deals (Last 12 Mo)
$100M
Volume (Last 12 Mo)
5.84%
Avg Cap Rate (Apts)
Quarterly Transaction Trend
| Quarter | Deals | Volume | Units |
|---|---|---|---|
| 2024-Q4 | 9 | $40M | 90 |
| 2025-Q1 | 4 | $9M | 3 |
| 2025-Q2 | 5 | $22M | 68 |
| 2025-Q3 | 5 | $12M | 32 |
| 2025-Q4 | 9 | $41M | 96 |
| 2026-Q1 | 7 | $25M | 56 |
| 2026-Q2 | 9 | $17M | 53 |
| 2026-Q3 | 1 | $5M | 0 |
2024-Q49 deals
2025-Q14 deals
2025-Q25 deals
2025-Q35 deals
2025-Q49 deals
2026-Q17 deals
2026-Q29 deals
2026-Q31 deals
Transaction Mix (Last 12 Months)
20
Apartments
$61M
6
Land
$23M
4
NNN
$15M
1
Commercial
$1M
Notable Recent Transactions
| Address | Price | Units | Cap |
|---|---|---|---|
| 1536 Serrano Ave | $7,600,000 | 42 | 6.38% |
| 4623-4631 Beverly Blvd | $4,975,000 | — | — |
| 4718-4726 Oakwood Ave | $4,700,000 | — | — |
| 1010 S Bedford St | $3,650,000 | 12 | 5.16% |
| 6034 Fulton Ave | $2,910,000 | 12 | 5.85% |
| 1715 Hwy 138 SE | $2,900,000 | — | — |
| 6860 Woodley Ave | $1,715,000 | 7 | 5.73% |
| 4123 Ocean View Blvd | $1,685,000 | 6 | 4.94% |
| 1431 N Vista St | $1,600,000 | — | — |
| 2907 W Riverside Drive | $1,590,000 | 4 | 4.37% |
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