Los Angeles Multifamily Market Report

LAAA Team at Marcus & Millichap | Q2 2026

Data-driven market insights from 455+ closed transactions totaling $1.45B+ in sales volume.

26

Deals (Last 12 Mo)

$100M

Volume (Last 12 Mo)

6.28%

Avg Cap Rate (Apts)

Quarterly Transaction Trend

QuarterDealsVolumeUnits
2024-Q36$20M24
2024-Q49$40M94
2025-Q14$9M13
2025-Q25$22M68
2025-Q35$12M32
2025-Q49$41M96
2026-Q17$25M56
2026-Q20$0K0
2024-Q3
6 deals
2024-Q4
9 deals
2025-Q1
4 deals
2025-Q2
5 deals
2025-Q3
5 deals
2025-Q4
9 deals
2026-Q1
7 deals
2026-Q2
0 deals

Transaction Mix (Last 12 Months)

17

Apartments

$67M

5

Land

$18M

4

NNN

$15M

Notable Recent Transactions

AddressPriceUnitsCap
11700 Magnolia Blvd$8.5M196.22%
514-516 E Oak St & 601 Grand Ave$8.3M325.63%
1536 Serrano Ave$7.6M426.38%
4201 Olton Rd$5.8M
201 El Camino Real$5.6M10
1711 Galleria Blvd$5.2M
4718-4726 Oakwood Ave$4.7M
7749 St Bernard St$4.4M14
4705-4709 Elmwood Ave$3.0M
1714 SE Highway 138$2.9M

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