West Los Angeles Apartment Buildings

West LA is where the post-1995 Costa-Hawkins premium lives at its widest. On many West LA blocks, a 1972 duplex and a 1998 fourplex trade at meaningfully different pricing.

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

West Los Angeles apartment building sales — the closed record

Buildings closed6
Units62
Total volume$35.0 million
Median price per unit$575K
Range$500K – $641K

Median and range are drawn from the 6 West Los Angeles 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 West Los Angeles building in the record

AddressUnitsPriceClosed
10793 Ohio Ave7$3,500,0002022-11
1700 Malcolm Ave8$5,125,0002022-04
4320 Centinela Ave15$7,725,0002021-09
1700 Malcolm Ave8$4,525,0002019-07
1600 Camden Ave8$4,808,0002019-02
2110 S Bentley Ave16$9,350,0002016-08
Selling guide

Selling an apartment building in West Los Angeles

West LA is institutional-grade multifamily territory — demographics that rent at the top of the LA market, proximity to UCLA and employment corridors, transit access, and the kind of location premium that keeps pricing s...

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Living in town

Living in West Los Angeles

West Los Angeles refers to the area west of the 405 around Santa Monica Boulevard and Wilshire, including sub-neighborhoods of Sawtelle, Rancho Park, and West LA proper. Mixed residential and commercial character anchore...

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Closings

Sterman closings in West Los Angeles

7 Sterman Multifamily Group closings in West Los Angeles. See the full transaction record.

See all 7 West Los Angeles closings →
FAQ

Questions about selling in West Los Angeles

4 common questions about selling an apartment building in West Los Angeles — answered.

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Michael's Take
West LA multifamily benefits from UCLA, VA, and Westside professional demand. The Purple Line extension reshaped underwriting for buildings within walking distance. Pre-1978 inventory is the dominant investment product.

Thinking about selling in West Los Angeles?

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