Market Analysis

Los Angeles, CA Multifamily Market

Cap rates, rent trends, and underwriting benchmarks for Los Angeles apartment investors.

4.5%
Avg Cap Rate
3.8% – 5.5%
Cap Rate Range
1.18x
Avg DSCR
$380,000
Price / Unit
$2,200
Avg Rent / Unit
4.2%
Vacancy Rate
+3.3%
YoY Rent Growth
3,900,000
Population

Market Trend

Chronically undersupplied with strong renter demand. RSO (Rent Stabilization Ordinance) properties trade at higher cap rates due to restricted upside. Non-RSO assets in the Valley and Westside command the tightest pricing. AB 1482 statewide rent caps apply broadly.

Lender Notes

RSO properties require specialized underwriting. Non-RSO assets attract aggressive lending. DSCR as low as 1.15x on well-located stabilized deals. Earthquake insurance adds to costs.

Analyze a Los Angeles Deal

Upload any Los Angeles offering memo, T12, or rent roll. Get a full underwriting report with deal grade, sensitivity analysis, and Go/No-Go verdict in under 2 minutes.

← All Markets