Family Office Briefing on research byKidder Matthews·Apr 12, 2024
Los Angeles Multifamily Market Report - 1st Quarter 2024
Los Angeles multifamily vacancy holds steady at 4.9% in 1Q24 — family offices should consider co-GP opportunities with disciplined operators.
Key Metrics
| Metric | Value |
|---|---|
| Vacancy Rate | 4.9% |
| Average Asking Rents | 2188$ |
| Under Construction | 30004units |
| Average Sales Price (Unit) | 310135$ |
| Average Cap Rate | 5.00% |
Metrics extracted from the source report and independently fact-checked. Method →
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