A 12-unit apartment building near Century City just sold for $5.29 million — well below the pricing levels seen during the 2021 and 2022 market peak. For West Los Angeles multifamily investors, that number is worth paying close attention to.
In this video, Oron Maher, Broker-Director at Maher Commercial Realty, explains what this Westwood sale reveals about where the West LA multifamily market stands today — and what it means for buyers with a long-term outlook.
What apartment investors in West Los Angeles need to know:
▶ Select apartment properties across West Los Angeles are now trading at valuations that would have seemed impossible just a few years ago
▶ While investor caution remains elevated, pricing in parts of the submarket has reset to levels that fundamentally change the long-term return calculation
▶ For buyers with the capital, conviction, and operational expertise to act, today’s entry points may represent one of the most compelling multifamily buying windows the West LA market has produced in years
▶ The question is not whether pricing has corrected. It has. The question is whether the correction is complete or still unfolding
Buying opportunity or more downside ahead? The answer depends on your timeline, your basis tolerance, and how well you understand what is driving pricing in this specific submarket right now.
📍 Maher Commercial Realty — Beverly Hills. Multifamily and commercial assets across Greater Los Angeles.
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💬 Are we looking at a buying opportunity in West LA multifamily, or is there still more downside ahead? Let us know in the comments.
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