Looking for a Inglewood multifamily broker? Michael Sterman, Senior Managing Director Investments at Marcus & Millichap and founder of the Sterman Multifamily Group, has closed $1.46B across 259 Los Angeles apartment building transactions over 14 years. If you own an apartment building in Inglewood and are weighing a sale, this is the team that prices it against Inglewood's real buyer pool and rules — not a generic LA average.
Inglewood Multifamily Market Snapshot
105,000
Inglewood residents
The stock is predominantly 1920s–1970s courtyard buildings, dingbats and mid-century walk-ups across Morningside Park, North Inglewood, Fairview Heights and Centinela. Renter households make up well over half the city. It is a workforce-housing market that happens to sit inside one of the most watched investment stories in Los Angeles County.
That second fact is what changed the buyer pool. SoFi Stadium opened in 2020, the Intuit Dome in 2024, and the Kia Forum has anchored the district for decades. Outside capital arrived with the stadium announcement and has not left.
What Is My Inglewood Apartment Building Worth?
Value in Inglewood turns on vintage, rent-control status, your in-place rents versus market, and which buyer pool fits your building — not a single neighborhood average. Michael underwrites your specific Inglewood building the way a real buyer will, then tells you what it should bring and how to get there. No obligation.
Value-add private capital, drawn by below-market rents in a city with visible momentum.
Buyers underwriting the district, who are pricing proximity to the stadium campus and the K Line rather than the building alone.
Long-hold local owners, many of them multi-generational, who have watched three cycles here.
Buyers specifically avoiding LA City, for whom the absence of ULA and the absence of the RSO's 2026 rewrite are the point.
Frequently Asked Questions About Selling Multifamily in Inglewood
Who is the best multifamily broker in Inglewood?
There's no single citywide answer — the best multifamily broker for your Inglewood building is the one who can show real closed transactions in comparable LA submarkets and explain exactly how Inglewood's rent-control exposure and buyer pool affect your building's value. See the five tests in "How to Choose the Best Multifamily Broker in Los Angeles" before you hire anyone.
How much is my Inglewood apartment building worth?
There is no honest per-unit number that applies to every Inglewood building — vintage, rent-control status, and the gap between your in-place and market rents move it more than the neighborhood does. We have not closed a building in Inglewood yet, so we will not quote you a local per-unit figure we cannot stand behind. What we can do is price it against the buildings we have closed in comparable LA submarkets and against Inglewood's own rent-control exposure and buyer pool — see the Sterman Transaction Index for the real submarket-by-submarket numbers.
Does LA City rent control apply in Inglewood?
No. Inglewood is a separate city with its own ordinance. The LA City RSO, its 2026 rewrite, the LAHD registry and the LA City relocation schedule are all a different jurisdiction's rules.
What is the allowable rent increase in Inglewood?
For covered multifamily, 3% in twelve months or the Los Angeles CPI change if greater. Four units or fewer follow a separate formula. Confirm the figure in force with the city before serving notice.
Which buildings are covered?
Residential rentals built before a rolling fifteen-year threshold, currently reaching buildings completed before roughly 2010 — much broader than LA City's pre-1978 line. Single-family and condominium exemptions apply in defined circumstances.
Does Measure ULA apply to an Inglewood sale?
No. It is a City of Los Angeles tax. On a sale above the LA City thresholds that distinction is worth 4% or 5.5% of the gross price.
Meet Your Inglewood Multifamily Expert
Michael Sterman has spent 14 years specializing exclusively in Los Angeles multifamily, closing 259 transactions worth $1.46B. He knows how Inglewood buildings are valued, who buys them, and what it takes to get a clean deal closed here. CA DRE License #01911703.
What Owners Say About Working With Michael
★★★★★
“I highly recommend Michael Sterman and his group. I just closed escrow on a 36 unit MF which Michael obtained the buyer. Michael handled the sale and escrow process extremely professionally. I have been a MF real estate broker myself for 45 years; I know who is a pro and who is not.”
Robert Corry
Verified Google review
★★★★★
“In Los Angeles multifamily, there's a huge gap between agents who talk about deals and agents who actually understand how they work. Michael Sterman is firmly in the second camp. What sets them apart isn't just market knowledge—it's judgment. They understand rent control realities, tenant issues, expense creep, cap-ex tradeoffs, and how underwriting changes block by block in LA. They're responsive, direct, and strategic—no fluff, no wasted time. If you're serious about buying or selling multifamily in Los Angeles, you want someone like Sterman on your side.”
Michael Maltzman
Verified Google review
★★★★★
“I've worked with Michael Sterman on multiple transactions and couldn't recommend him more highly. He has sold three properties to me and has also sold a property for me. He's professional, responsive, and gets deals done efficiently. A true pro.”