What is your Westside apartment building worth today?
Instant estimate for owners of 2 to 100+ unit buildings in Santa Monica, West LA, Culver City, Venice, Palms and nearby. Then a free broker opinion of value within 48 hours, with no obligation.
Instant estimate
Enter rough numbers to see a range.
Rough estimate using typical cap rates for each submarket. Not an appraisal. Rent-controlled buildings with below-market rents often trade on price per unit instead.
Today's rates
Loading…Most apartment loans are priced as a spread over the 5- or 10-year Treasury. Live from the U.S. Treasury and the Federal Reserve Bank of New York. Not a loan quote.
From estimate to closing
Free valuation
Your rent roll and recent Westside sales turned into a real price range, not an online guess.
Strategy
Timing, rent control, transfer taxes, 1031 exchange, and whether to sell on or off market.
Sell
Buyer outreach, marketing, due diligence, and escrow handled through closing.
Westside multifamily markets
Each area has different rent control rules, transfer taxes and buyer demand. Pick yours.
Thinking about selling? Start here.
Takes about 60 seconds. You get a written valuation within 48 hours.
- Price range based on recent Westside sales
- Net proceeds after transfer taxes and closing costs
- On-market and off-market options
- Kept confidential. Tenants are never contacted.
Questions owners ask
How is a Westside LA apartment building valued?
Most buyers price on net operating income (rents minus vacancy and operating expenses) divided by a market cap rate. That figure is then checked against gross rent multiplier and price per unit from recent comparable sales nearby.
Does rent control lower my building's value?
Rent-controlled units with below-market rents usually trade at a lower price per unit, but buyers will pay for upside. The gap between in-place rents and market rents is a major driver of price.
Does Measure ULA apply to my sale?
Measure ULA adds a transfer tax to sales of property in the City of Los Angeles above set price thresholds, which are adjusted each year. Santa Monica, Culver City and Beverly Hills are separate cities with their own transfer taxes and rules. We model your net proceeds either way.
Can I sell my building off-market without tenants knowing?
Yes. An off-market sale is shown only to vetted buyers under a confidentiality agreement, with no signs and no tenant contact until a buyer is in escrow.
How does a 1031 exchange work when I sell?
To defer capital gains tax, you generally have 45 days after closing to identify replacement property and 180 days to close on it, using a qualified intermediary. Planning this before you list is important. Talk to your CPA about your situation.
Does California statewide rent control (AB 1482) affect my building?
AB 1482 caps annual rent increases and adds just-cause eviction rules for many buildings over 15 years old that are not already covered by stricter local rent control. Buyers factor these limits into their rent growth assumptions.