West Los Angeles Multifamily Broker

We provide strategic advisory services for multifamily property sales across West Los Angeles, a high-demand Westside submarket characterized by limited new supply, walkable neighborhoods, and investor demand anchored by connectivity to Century City, UCLA, and the broader coastal corridor.

West Los Angeles Multifamily Market Snapshot

West Los Angeles remains one of the most active multifamily investment corridors on the Westside, supported by its central location between Santa Monica, Century City, and UCLA. The neighborhood contains the largest share of apartment inventory within the broader Century City/UCLA submarket, with thousands of units concentrated along corridors such as Bundy Drive, Barrington Avenue, Sawtelle, and the Wilshire and Santa Monica Boulevard corridors. Its primarily residential character, combined with proximity to major employment centers and transit infrastructure, continues to support consistent renter demand and long-term investor interest.

Demand for apartments in the broader submarket has remained relatively steady despite a higher vacancy environment compared to the Los Angeles average. Over the past year, renter demand has kept pace with new deliveries, though the introduction of new luxury units has modestly elevated vacancy levels across higher-tier assets. Much of the leasing activity has been concentrated in newer Class A properties, while older workforce housing continues to serve a deeper renter base seeking relative affordability within the Westside.

Rental growth has largely stabilized following the rapid rent increases seen earlier in the cycle. Average rents across the submarket are among the highest in Los Angeles, reflecting the area's proximity to major employment centers and the broader Westside lifestyle appeal. Within West Los Angeles specifically, rents tend to sit slightly below the luxury-heavy submarkets nearby, which has helped sustain tenant demand and occupancy across older vintage apartment stock.

Development activity continues to be focused along major transit and commercial corridors, particularly around Bundy Drive, Westwood Boulevard, and Santa Monica Boulevard. Several mid- and large-scale multifamily projects are currently under construction, including a major mixed residential development along Bundy Drive expected to deliver later in the decade. While new construction will incrementally expand supply, much of the existing housing stock in West Los Angeles consists of mid-century apartment buildings that remain attractive to value-add investors seeking long-term repositioning opportunities.

Investment sales activity across the submarket has moderated since the peak pricing environment of 2021–2022 as higher interest rates and the introduction of additional transfer taxes within the City of Los Angeles have reset underwriting expectations. Pricing has generally moved sideways since late 2023, with most recent transactions occurring in smaller privately negotiated deals. Despite the recalibration, West Los Angeles continues to attract steady private capital due to its central Westside location, durable rental demand, and large base of long-term multifamily ownership.

AVG CAP RATE

4.7% – 5.2%

AVG PRICE PER UNIT

$350,000 – $450,000

VACANCY RATE

6.5% – 7.5%

RENTAL GROWTH

-0.5% YoY

What is my West LA Apartment Building Worth?

The value of a West LA apartment building depends on more than recent comparable sales. Unit mix, in-place rents, rent control status, operating expenses, parking, property condition, lot size, assumable debt, and buyer demand can all impact pricing and certainty of close.

Glaser Group provides confidential broker opinions of value for West Los Angeles apartment building owners who are considering a sale, evaluating a 1031 exchange, managing inherited property, or simply trying to understand current market value in today’s market.

Request a Confidential West LA Valuation

Our Recent Multifamily Sales in West LA

aerial of apartment building with century city skyline in background

1246 S Saltair Ave, Los Angeles, CA 90025

Sale Price: $2,450,000

Units: 8

Year Built: 1955 / 1958

Property Type: Two 4-unit multifamily buildings in West Los Angeles

Buyer Type: Local investors expanding their West LA multifamily portfolio

Seller Situation: Family ownership of 30 years ready to transition out of self-management and pursue other investment opportunities

Result: Sold at 100% of list price; represented both sides; achieved a 5.00% cap rate and $567 per square foot; second-highest price per square foot sale in the 90025 zip code over the prior 12 months

The Glaser Group exclusively listed and sold 1246 S Saltair Ave, an 8-unit multifamily property in the heart of West Los Angeles, just steps from Brentwood. Built in 1955 / 1958, the property consisted of two separate 4-unit buildings and had recently undergone extensive capital improvements.

The sellers’ family had owned the property for 30 years. After decades of self-management, they were ready to pass part of their family legacy to the next owner and pursue other investment opportunities. They selected The Glaser Group based on our proven track record selling prime Westside apartment buildings.

Following the initial marketing campaign, our team sourced the buyer, generated a full-price offer, and represented both parties through closing. The buyers were local investors expanding their West LA portfolio, with plans to hold the asset long term and leverage the tax benefits of real estate ownership. Our team also helped coordinate financing with Chase to ensure a seamless closing.

Considering Selling a West Los Angeles Apartment Building?

These West Los Angeles sales show how buyer demand, property condition, unit mix, location, rental upside, and the right marketing process can impact both pricing and certainty of close. If you own an apartment building in West Los Angeles, The Glaser Group can provide a confidential opinion of value based on your rent roll, expenses, tenant profile, building condition, current income, capital improvements, and active investor demand throughout West LA and the surrounding Westside neighborhoods.

Request a West LA Valuation
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Meet Your West LA Multifamily Expert

Jake Glaser: Top 1% Los Angeles Apartment Agent

Jake Glaser is the Principal Broker & Founder of The Glaser Group, specializing in the sale of apartment buildings in West LA & Greater 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

  • he value of a West LA apartment building depends on recent comparable sales, in-place rents, unit mix, rent control status, operating expenses, property condition, parking, lot size, debt, and current buyer demand. Because West Los Angeles includes a mix of older rent-controlled buildings, smaller multifamily assets, and highly desirable infill locations, owners should get a property-specific broker opinion of value rather than relying only on broad market averages.

  • West LA multifamily pricing is influenced by location, unit mix, rent upside, tenant profile, parking, building condition, lot size, financing assumptions, and the depth of the buyer pool. Buildings near major employment centers, transit corridors, UCLA, Santa Monica, Brentwood, Century City, and Sawtelle can attract strong interest when priced and positioned correctly.

  • Many West LA apartment buildings are subject to Los Angeles rent stabilization rules (RSO), which can affect rent growth, buyer underwriting, and perceived upside. Buyers will closely review current rents, tenancy, operating expenses, and compliance before making offers. A building with below-market rents may still attract strong demand, but the pricing strategy needs to account for the timing and risk of realizing future upside.

  • The West LA buyer pool often includes local private investors, family offices, 1031 exchange buyers, owner-operators, and long-term holders seeking well-located multifamily assets. Buyers are often attracted to West LA because of its central location, strong tenant demand, proximity to major job centers, and long-term supply constraints.

  • The right time to sell depends on your goals, tax situation, property performance, debt, management burden, and reinvestment options. Even in a higher-rate environment, well-located West LA apartment buildings can attract qualified buyers when the property is priced accurately and marketed to the right investor pool.

  • Yes. Many West LA apartment buildings have long-term tenants or below-market rents. These properties can still be attractive to buyers who understand rent-controlled assets, long-term upside, and the value of owning in a prime Westside location. The key is presenting the rent roll, expenses, tenant profile, and upside clearly so buyers can underwrite the opportunity.

  • Many West LA apartment building owners sell as part of a 1031 exchange strategy, especially when they want to move into a larger asset, reduce management intensity, or exchange into more passive real estate. A broker opinion of value can help clarify likely sale proceeds, timing, buyer demand, and whether a 1031 exchange strategy may fit the owner’s goals.

  • A local West LA multifamily broker can help owners understand current buyer demand, rent control considerations, valuation, pricing strategy, and the likely buyer pool for their specific property. Local experience matters because pricing can vary significantly by micro-location, building profile, tenancy, and upside potential.

Frequently Asked Questions About West LA Multifamily

Nearby Multifamily Markets We Serve

Looking for multifamily expertise beyond West LA? 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

Beverly Hills Multifamily Broker

Mid-Wilshire Multifamily Broker

Santa Monica Multifamily Broker

Venice Beach Multifamily Broker

Silver Lake 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