Multifamily market guide
Selling an apartment building in Brentwood
Brentwood apartments, mostly south of San Vicente, tend to have larger units and higher rents than the Westside average. Buyers include long-term families and private investors who value the location and tenant quality.
What drives value in Brentwood
- Unit size and finish level
- Proximity to San Vicente, Brentwood Village and Wilshire
- Rent control status and in-place rents
- Higher prices that often cross Measure ULA thresholds
Ask us for recent Brentwood sales, current cap rates and price per unit for buildings like yours.
- Rent control
- City of Los Angeles Rent Stabilization Ordinance (RSO). It generally covers buildings with two or more units first occupied on or before October 1, 1978. Allowed annual increases are set by the city, and units can reset to market rent on vacancy under state law (Costa-Hawkins).
- Transfer taxes
- Measure ULA transfer tax applies to City of Los Angeles sales above set price thresholds, adjusted every year, on top of the normal county and city transfer tax. Sales just above a threshold can net less than sales just below it, so pricing strategy matters.
- Statewide rules
- Buildings not covered by local rent control are often covered by California AB 1482, which caps annual increases and requires just cause for most evictions in buildings over 15 years old.
Brentwood FAQ
Owner questions
Why does Measure ULA matter more in Brentwood?
Brentwood buildings often sell at prices above the ULA thresholds, so the tax can be a large cost. Pricing and timing strategy can make a real difference to net proceeds.
Who buys apartment buildings in Brentwood?
Mostly long-term private investors, family offices and 1031 exchange buyers looking for a stable, high-quality location.
General information, not legal or tax advice. Rules and thresholds change; we confirm them for each sale.