Everyone says Los Angeles multifamily is broken. That is exactly why some investors are buying aggressively right now.
Capital continues leaving California as investors cite rent control, eviction restrictions, Measure ULA, and rising regulation as reasons to move money into markets like Phoenix, Dallas, and Nashville. But pricing across parts of Los Angeles has started reflecting that fear.
According to Oron Maher, many investors may eventually look back at this cycle as one of the best apartment-buying opportunities Los Angeles has seen in years. He notes that well-located rent-stabilized buildings are trading at discounts rarely seen in major coastal markets, particularly for buyers who understand repositioning strategies, operations, and California housing law.
Contrarian investing is rarely comfortable. The biggest opportunities often emerge when sentiment is at its weakest.
Are investors making a mistake by leaving Los Angeles multifamily right now?
