UCLA drives Westwood. Around 50,000 students and faculty rent in or near the submarket.
Selling an apartment building here? Westwood multifamily broker — Michael Sterman's record, comparables and process →
| Buildings closed | 1 |
| Units | 9 |
| Total volume | $2.6 million |
| Price per unit | $289K |
One closing is a real price at a real address, not a comp set. Pricing a Westwood building should draw on the adjacent submarkets too — the full record is in the Sterman Transaction Index.
| Address | Units | Price | Closed |
|---|---|---|---|
| 611 Levering Ave | 9 | $2,600,000 | 2016-03 |
Westwood buildings are not operated like conventional LA multifamily. Academic-calendar turnover concentrates tenant transitions into a narrow window each summer. Marketing efficiency is higher per unit than in conventio...
Read the full seller's guide →Living in townWestwood is a neighborhood within the City of Los Angeles immediately surrounding UCLA. High-rise Wilshire Corridor on the southern boundary, walkable Village commercial core adjacent to campus, and residential housing s...
See the full neighborhood profile →Closings1 Sterman Multifamily Group closing in Westwood. See the full transaction record.
See all 1 Westwood closing →FAQCommon questions about selling multifamily in Westwood.
Read the full FAQ →Westwood's investment thesis is UCLA. The rental calendar runs on the academic year. Pricing assumptions that don't account for student-housing operational reality produce offers that don't hold up. It's a submarket for operators who understand the specific cadence.
Michael Sterman will walk through comparables, buyer pool, and timing specific to your building — no obligation, no pitch.
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