Century City is not a high-volume multifamily submarket, and that scarcity is the story. Built on the former 20th Century Fox studio backlot starting in 1963, it is one of LA's most prominent commercial and luxury-residential districts — dense, high-rise, and expensive — but genuinely thin on multifamily transaction volume compared to Koreatown or Hollywood.
The one building I have closed in Century City — 16 units, in 2014 — traded at **$495K per unit**, a figure that reflects the district's luxury Westside position, not a citywide or even Westside-wide average. Century Cit...
Read the full seller's guide →Living in townCentury City is a 176-acre Westside business district and residential enclave about 10 miles west of downtown LA, built on the former 20th Century Fox studio backlot starting in 1963. High-rise, high-income, and among th...
See the full neighborhood profile →Closings1 Sterman Multifamily Group closing in Century City. See the full transaction record.
See all 1 Century City closing →FAQ3 common questions about selling an apartment building in Century City — answered.
Read the full FAQ →Century City is a different kind of Westside asset than Santa Monica or West LA — smaller multifamily footprint, dominated by high-rise commercial and luxury residential, and genuinely scarce multifamily transaction volume. The one building I've closed here, in 2014, traded at $495K per unit — high-value, low-volume, exactly what you'd expect from a submarket this dense and this expensive.
Michael Sterman will walk through comparables, buyer pool, and timing specific to your building — no obligation, no pitch.
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