Century City Multifamily — Frequently Asked Questions

These are the questions sellers most often ask about Century City multifamily — regulatory framework, buyer pool, pricing dynamics, timing, disclosures, and the specific considerations that apply to apartment buildings in this submarket.

Does the 2026 LA City RSO rewrite affect Century City apartment buildings?

It depends heavily on the specific building's construction date. Century City is within the City of Los Angeles, so pre-1978 buildings are typically covered by LA City RSO — including the rewrite effective July 1, 2026 — but much of Century City's residential stock was built well after 1978 as part of the district's 1960s-onward development, which would make it Costa-Hawkins exempt instead. Confirm your specific building's construction date.

What do apartment buildings sell for in Century City?

The one Sterman Multifamily Group closing in Century City (2014, 16 units) traded at $495K per unit — high-value pricing consistent with the district's luxury Westside position, though a single data point in a genuinely low-transaction-volume submarket.

Does LA rent control apply to Century City apartment buildings?

It depends on the specific building's construction date. Much of Century City's residential stock was built after 1978 as part of the district's 1960s-onward development, which would make it Costa-Hawkins exempt rather than RSO-covered — but confirm your specific building rather than assuming.

Is the new Metro line actually coming to Century City?

Yes — the D Line (Purple Line) extension's Century City/Constellation station is under construction as part of a funded project extending through Miracle Mile, Beverly Hills, Century City, and Westwood, expected to open in 2027.

The bottom line for Century City sellers

Century City rewards sellers who resolve their building's real regulatory status early, price against genuine district comparables rather than a broader Westside number, and factor in a real, funded transit catalyst most other submarkets don't have. If you own a building here and are weighing a sale, request a free evaluation grounded in what has actually closed in this specific district.

Thinking about selling in Century City?

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