Silver Lake Multifamily Broker

Whether you’re selling a character fourplex near Sunset Junction or a hillside value-add asset overlooking the Reservoir, our targeted marketing and deep buyer network position Silver Lake multifamily properties for maximum exposure and pricing precision.

Silver Lake Multifamily Market Snapshot

Silver Lake sits at the center of Northeast Los Angeles’ ongoing evolution — a neighborhood that has transformed from an under-the-radar creative enclave into one of L.A.’s most design-forward and investment-attractive submarkets. Demand remains driven by proximity to Downtown L.A., Hollywood, Glendale, and Pasadena, combined with Silver Lake’s walkability, restaurant scene, and hillside character.

In recent years, new construction has accelerated across Northeast L.A., particularly along Sunset Boulevard and major corridors. That wave of higher-end development temporarily pushed vacancy higher, especially in luxury 4 & 5 star properties still in lease-up. However, the majority of Silver Lake’s inventory remains older 1920s–1960s construction, where vacancy has stayed comparatively tight and tenant demand remains steady.

Rents in the submarket are generally below Westside levels, but newer construction has proven that high-income renters are willing to pay premium pricing for modern product in this location. That bifurcation — stabilized vintage assets versus new luxury lease-ups — creates opportunity for value-add investors who understand positioning, renovation strategy, and tenant demographics.

Sales volume has moderated from the 2021–2022 peak, largely due to higher interest rates and transfer tax impacts, but pricing has stabilized after correcting from prior highs. Smaller 6–20 unit properties continue to trade between private investors, and well-located assets with upside remain competitive.

Overall, Silver Lake offers a compelling mix of long-term appreciation potential, cultural cachet, and diverse renter demand — making it one of the most dynamic multifamily submarkets in Los Angeles.

AVG CAP RATE

~5.0% – 5.8%

AVG PRICE PER UNIT

$300,000 – $360,000

VACANCY RATE

6.5% – 7.5%

RENTAL GROWTH

-1% YoY

What is my Silver Lake Apartment Building Worth?

The value of a Silver Lake apartment building depends on far more than recent sale comps. Buyer demand, rental upside, unit mix, current income, condition, location within Silver Lake, and local rent control regulations can all significantly affect pricing. At The Glaser Group, we evaluate each property based on both its in-place performance and its future potential, giving owners a clear understanding of what their building could realistically sell for in today’s market.

Whether you own a small multifamily property near Sunset Junction, a hillside apartment building, or a larger asset near the Silver Lake Reservoir, our team can provide a detailed valuation backed by current market activity, investor demand, and comparable sales throughout Silver Lake and the surrounding Eastside neighborhoods.

Request a Confidential Silver Lake Valuation

Our Recent Multifamily Sales in Silver Lake

four unit property in silver lake with DTLA views

1303 Lucile Ave, Los Angeles, CA 90026

Units: 4

Year Built: 1925

Property Type: Vacant Silver Lake fourplex with ADU potential

Buyer Type: Investor using bridge and construction financing

Seller Situation: Long-term owner of 25+ years seeking to exchange into passive DST investments

Result: 6 competitive pre-MLS offers; 21-day fully non-contingent escrow; rare 100% vacant Silver Lake sale

The Glaser Group exclusively represented the seller of 1303 Lucile Ave, a spacious and versatile fourplex located in one of Silver Lake’s most desirable pockets just below Sunset Junction. After more than 25 years of ownership, the seller was ready to sell the property and exchange the proceeds into passive DST investments.

Because the property was delivered 100% vacant, it offered a rare opportunity for investors to renovate, reconfigure, or reposition the asset in a high-demand rental market. The property also had room in the rear of the lot for the potential construction of four detached ADUs, giving buyers a clear value-add path beyond the existing four units.

Before publicly launching the listing on the MLS, our team generated six competitive offers through our proprietary investor database. The transaction closed in a smooth 21-day, fully non-contingent escrow with bridge and construction financing from Genesis Bank, giving the seller certainty of execution while maximizing value in the Silver Lake multifamily market.

1920s stucco apartment building from street

1159 N Virgil Ave, Los Angeles, CA 90026

The Glaser Group exclusively represented the seller of 1303 Lucile Ave, a spacious and versatile fourplex located in one of Silver Lake’s most desirable pockets just below Sunset Junction. After more than 25 years of ownership, the seller was ready to sell the property and exchange the proceeds into passive DST investments.

Because the property was delivered 100% vacant, it offered a rare opportunity for investors to renovate, reconfigure, or reposition the asset in a high-demand rental market. The property also had room in the rear of the lot for the potential construction of four detached ADUs, giving buyers a clear value-add path beyond the existing four units.

Before publicly launching the listing on the MLS, our team generated six competitive offers through our proprietary investor database. The transaction closed in a smooth 21-day, fully non-contingent escrow with bridge and construction financing from Genesis Bank, giving the seller certainty of execution while maximizing value in the Silver Lake multifamily market.

Units: 4

Year Built: 1924

Property Type: Virgil Village fourplex near Silver Lake and Los Feliz

Buyer Type: Investor using high-LTV bridge and construction financing

Seller Situation: Out-of-area successor trustee looking to liquidate on behalf of family trust

mid century apartment building with tuck under parking area

122 N Rampart Blvd, Los Angeles, CA 90026

The Glaser Group represented both sides in the sale of 122 N Rampart Blvd, an 8-unit apartment building located in Rampart Village, adjacent to Silver Lake. Built in 1960, the property featured a strong unit mix of six 1-bedroom/1-bath units and two 2-bedroom/1-bath units, totaling 4,446 square feet of living space on a 6,878 square foot R3-zoned lot.

Our team represented an out-of-state seller who had owned the asset for more than a decade and wanted to 1031 exchange their equity out of Los Angeles and California. By leveraging our extensive investor database, we generated 8 competitive offers within the first 11 days of listing.

After multiple counters, we secured a qualified buyer and successfully closed escrow with the first buyer we opened with. Using a seller replacement property contingency, our client was able to identify and secure an upleg multifamily property in North Carolina before allowing the buyer to move forward with their loan.

Units: 8

Year Built: 1960

Property Type: Mid-century Rampart Village apartment building adjacent to Silver Lake

Buyer Type: Investor sourced through The Glaser Group’s investor database

Seller Situation: Out-of-state owner seeking to 1031 exchange out of Los Angeles and California

Result: Represented both sides; generated 8 competitive offers in 11 days; closed with the first buyer we opened escrow with; helped seller secure an upleg multifamily property in North Carolina

Considering Selling a Silver Lake Apartment Building?

These Silver Lake sales show how location, vacancy, rental upside, ADU potential, buyer demand, and the right marketing process can impact both pricing and certainty of close. If you own an apartment building in Silver Lake, The Glaser Group can provide a confidential opinion of value based on your rent roll, expenses, tenant profile, property condition, unit mix, development potential, and current investor demand in the Silver Lake multifamily market.

Request a Silver Lake Valuation
A smiling man in a dark suit, white shirt, and red tie stands against a dark background.

Meet Your Silver Lake Multifamily Expert

Jake Glaser: Top 1% Silver Lake Apartment Agent

Jake Glaser is the Principal Broker & Founder of The Glaser Group, specializing in the sale of apartment buildings in Silver Lake & Los Angeles. Jake is one of the highest transacting apartment building brokers in LA, with over $65 million closed in 2025 alone across 35 transactions. He advises his clients in the acquisition and disposition of multifamily properties across the city, ranging from 4-plexes up to large apartment complexes in the $1M - $25M range. In total, he has closed over $250 million of commercial and multifamily volume within LA County, and he is the #1 producing agent at Lyon Stahl Investment Real Estate in Century City.

In addition to multifamily and commercial dispositions, he specializes in 1031 exchanges on a national level, having helped countless clients reposition their portfolios by trading their assets into local and out-of-state multifamily, triple-net, and DST opportunities.

Let’s connect today to start an honest, open dialogue about your unique situation to see how we can better your position, whether it be now or in the future.

Our Team

  • Apartment building values in Silver Lake depend on:

    • Current rental income and upside potential

    • Unit mix (1BR vs 2BR vs studios)

    • Renovation level

    • Parking and ADU potential

    • Location (Sunset Junction vs hillside vs near Reservoir)

    • Buyer demand and interest rates

    Silver Lake is one of Los Angeles’ most supply-constrained submarkets, which often creates strong pricing for well-located properties.

    Most owners are surprised to learn that pricing is driven more by future rent potential and buyer expectations than just current income.

  • Silver Lake remains one of the most desirable multifamily submarkets in Los Angeles due to:

    • Walkability

    • Lifestyle demand

    • Strong renter demographics

    • Limited new development

    Even in shifting interest rate environments, buyer demand for Silver Lake properties tends to remain consistent because inventory is low.

    The right timing depends on:

    • Your equity position

    • Rent control status

    • Deferred maintenance

    • Whether you plan to 1031 exchange

    A strategic sale timing can significantly impact net proceeds.

  • Most apartment buildings in Silver Lake built before October 31st, 1978 fall under the City of Los Angeles Rent Stabilization Ordinance (RSO).

    This affects:

    • Annual rent increase limits

    • Eviction rules

    • Value-add strategies

    • Buyer underwriting

    Understanding how RSO impacts pricing is critical when preparing a property for sale.

  • Cap rates in Silver Lake typically trade lower than many other LA neighborhoods due to:

    • Strong rental demand

    • Desirability and lifestyle appeal

    • Limited available inventory

    However, cap rates vary significantly based on:

    • Property condition

    • RSO exposure

    • Tenant profile

    • Upside potential

    Fully marketed trades can sometimes achieve premium pricing when properly priced & positioned to the right buyer pool.

  • In most cases, strategically marketing a Silver Lake apartment building to the full buyer pool produces stronger results than limiting exposure.

    Silver Lake attracts a wide range of buyers, including:

    • 1031 exchange investors

    • Private local investors

    • Value-add operators

    • Long-term hold buyers

    • Out-of-area capital targeting prime LA neighborhoods

    When a property is properly positioned and exposed to the entire qualified buyer pool, it can:

    • Create competitive tension

    • Generate multiple offers

    • Strengthen your negotiating leverage

    • Improve price and terms

    • Reduce re-trade risk

    Even in more balanced markets, broad exposure — when managed correctly — often results in better net proceeds than a quiet, limited approach.

    The key is not just listing the property, but controlling the process, timing, and buyer communication to maximize leverage.

Frequently Asked Questions About Silver Lake Multifamily

Nearby Multifamily Markets We Serve

Looking for multifamily expertise beyond Silver Lake? The Glaser Group advises apartment building owners across nearby Westside and Central Los Angeles submarkets. Explore our local multifamily broker pages for market-specific sales experience, valuation guidance, and recent case studies.

West Hollywood Multifamily Broker

Los Angeles Multifamily Broker

Mid-Wilshire Multifamily Broker

Santa Monica Multifamily Broker

Venice Beach Multifamily Broker

Beverly Hills Multifamily Broker

West Los Angeles Multifamily Broker

  • “Jake & his team assisted me with a complex multifamily property 1031 Exchange. Jake got me out of heavily demanding downleg properties into hands off NNN trophy properties on the upleg. He handled so many uncontrollable variables with great professionalism, and made the whole process as smooth as possible. Because of Jake and his expansive contacts and foresight, we closed my 1031 Exchange 90 days early and have already started to reap the rewards of monthly rental income that much sooner. I would highly recommend Jake & his team to assist anyone with their real estate needs.”

    — Matt Schneider, Casablanca Property Management

  • "Our experience with Jake Glaser could not have been better. From the start of the listing to the close was about 5 weeks. He was always available when we called and answered all our questions quickly and comprehensively. We give him the highest marks for professionalism. Thank you, Jake."

    — Dana Waldhorn, Family Trust

  • "Jake did an excellent job of representing the seller, managing the transaction, coordinating the due diligence, overseeing escrow and the delivery of all documents, etc. that ultimately resulted in a smooth and efficient closing in a very rapid time frame. In addition, his social media and Twitter skills are legendary and inspiring."

    — Jerry Fink, The Bascom Group

  • "Jake Glaser represented my family with the sale of a complicated multifamily property and was nothing short of amazing. From our very first meeting to after the close of the sale, he was easy to work with and beyond responsive, including emails at 1AM! He had buyers within the first week without even hitting MLS. We are so grateful for his hard work, his ability to listen and navigate multiple family members, and his expertise. We will definitely look to him again for future sales."

    — Cathy Flores, Family Trust

  • “We were extremely pleased with the excellent job by Jake on our transaction. He represented us on the purchase of our new multifamily property in Beverly Grove, and his deep understanding of the local market and negotiation skills put us in the best possible position. He was a great communicator, easy to work with, and always put our interests first. I would recommend him to anyone looking to buy or sell LA multifamily.”

    — Daniel Golchian, Physician and CRE Investor

  • "I would highly recommend Jake to anyone that has an investment property in the greater Fairfax/Hollywood area they wish to sell. He works hard to find a buyer for the property, trying all kinds of marketing solutions. He also is great at keeping sellers up to date on what is happening in the marketplace."

    — Edie Brodsky, Retired Realtor & Investor

  • "Jake was our sales broker for two multifamily apartment buildings (8 & 4 plex) in the East Side of LA. My brother, sister and I vetted several brokers and we all felt that Jake was much more service oriented (vs. transactional). Jake is easy to work with, always available, extremely responsive and patient (had to deal with three strong willed siblings)."

    — Juan Garcia, Family Trust

  • "Jake Glaser has represented me exclusively on my last few single tenant NNN acquisitions. He is extremely easy-going but has great follow through and gets results and answers for me. He’s also consulted for me on other NNN related matters even when he couldn’t represent me. I think integrity and perseverance are really important qualities in a real estate broker and that’s why I feel most comfortable having Jake represent me. I also feel like I benefit from Jake’s connection to the nationwide network of Matthews agents, which helps us make informed decisions when considering opportunities across the entire country."

    — David Mozes, CRE Investor & Restaurateur

  • “We really appreciated the time and effort taken to get to know my family and our particular needs. Jake was always willing to answer any of our questions and concerns and patient enough to understand that the worry we felt while going through the 1031 process was normal. Jake and his partner Dan really did help us find exactly what we were looking for. Thank you!”

    — Monica Torres, Family Trust

  • "Jake was incredibly professional and nice to work with! In today's world, finding a honest broker is always worth mentioning. I whole heartedly recommend Jake!"

    — Rod Goldberg, Dadson Laundry

  • “I had the pleasure of having Jake Glaser sell my property. He was straight forward in his approach, was always available to answer questions, and did a wonderful job throughout escrow. It was as smooth transition and he comes highly recommended.”

    — Yaniv Farbenbloom, Physician and CRE Investor/Syndicator

  • "Jake was a knowledgeable advocate in the sale of the property. He provided helpful guidance throughout the entire sale process. He was always available when questions arose, and went beyond the extra mile whenever necessary."

    — Anthony Stein, Family Trust

  • “I used Jake Glaser to sell our beloved 5-unit apartment building in Los Angeles. He made the process so easy, was beyond calm during every little thing that came up, and got us the most money for our property. I would definitely (and already have) recommend Jake and Matthews™ to anyone selling a multi-unit...As I told Jake at the end “let’s do this again!” 

    — Kristin Stanley, Private Investor

  • “Jake Glaser represented our acquisition of a multifamily property in Los Angeles. Jake’s experience and expertise helped make the transaction enjoyable, easy and fast. He made himself available at all times for us, while going above and beyond to assist us with everything needed. Jake is always factual and accurate and always had our best interests in mind. His responses were always immediate and our communication was excellent.”

    — Aryeh Hoffman, Hoffman Brothers Realty

  • "Jake was highly responsive and had strong knowledge of various real estate topics."

    — CT Tsui, Multifamily Developer

  • “We had a great experience with Jake and are very grateful for his help. We would definitely want his help again in the future.”

    — Lida Aghakhanyan, Private Investor