Mid-City Apartment Buildings

Mid-City LA sits at the geographic and transit center of the LA basin. Pico Boulevard, Venice Boulevard, and Washington Boulevard run east-west through it.

Jurisdiction
LA City
Rent control regime
LA City RSO (pre-1978) + Costa-Hawkins (post-1995)
Sterman closings here
4 transactions
Typical sale
With tenants in place

Mid-City apartment building sales — the closed record

Buildings closed4
Units26
Total volume$6.4 million
Median price per unit$256K
Range$183K – $298K

Median and range are drawn from the 4 Mid-City buildings in the Sterman Transaction Index — Michael Sterman's own closed book, not a market-wide estimate. Per-unit pricing tracks building size as much as location, so compare against buildings of similar unit count rather than against the submarket average.

Every Mid-City building in the record

AddressUnitsPriceClosed
1421 S Shenandoah St6$1,765,0002026-05
1655 Carmona Ave6$1,100,0002026-05
1111 S Holt Ave6$1,785,0002025-12
6000 Whitworth Dr8$1,750,0002024-09
Selling guide

Selling an apartment building in Mid-City

The Expo Line's opening reshaped demand along its corridor a decade ago. Buildings within walking distance of Expo stations saw durable demand increases and, over time, rent growth that outpaced the broader submarket. Th...

Read the full seller's guide →
Living in town

Living in Mid-City

Mid-City refers to several LA City sub-neighborhoods between Koreatown and Culver City, including West Adams, Pico-Robertson, Miracle Mile, and Fairfax. Collectively covers substantial pre-1978 multifamily inventory with...

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Closings

Sterman closings in Mid-City

4 Sterman Multifamily Group closings in Mid-City. See the full transaction record.

See all 4 Mid-City closings →
FAQ

Questions about selling in Mid-City

Common questions about selling multifamily in Mid-City.

Read the full FAQ →
Michael's Take
Mid-City's defining variable is transit proximity — the Expo Line, the Purple Line Extension, and major bus corridors. A building's walking distance from a specific station is a specific pricing input, not a cosmetic factor.

Thinking about selling in Mid-City?

Michael Sterman will walk through comparables, buyer pool, and timing specific to your building — no obligation, no pitch.

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