South LosAngeles.
STATS AS OF JULY 2026
South Los Angeles trades at the highest cap rates in the urban core. Buyers who need the numbers to work on day one usually end up looking here.
Investor activity runs heaviest around USC, Exposition Park, and the Crenshaw/LAX line.
Recorded sales by year
| YEAR | SALES | MEDIAN PRICE | MEDIAN $/UNIT | MEDIAN $/SF |
|---|---|---|---|---|
| 2021 | 374 | $699,999 | $271,999 | $295 |
| 2022 | 444 | $798,532 | $282,292 | $315 |
| 2023 | 379 | $790,000 | $285,232 | $332 |
| 2024 | 333 | $770,000 | $295,262 | $342 |
| 2025 | 208 | $792,000 | $306,000 | $342 |
~10,433 MULTIFAMILY BUILDINGS · 38,222 UNITS · 90% BUILT BEFORE 1979 (RSO-ERA)
DATA AS OF AUGUST 10, 2026
Sale prices are estimated from the LA County assessor roll: the Prop-13 reassessment recorded at sale, deflated 2%/yr back to the sale date. They are estimates, not verified closing prices.
Latest South Los Angeles trades
Sale prices are estimated from the LA County assessor roll: the Prop-13 reassessment recorded at sale, deflated 2%/yr back to the sale date. They are estimates, not verified closing prices.
ALL RECORDED SALES →What is the average cap rate for apartment buildings in South Los Angeles?
As of July 2026, South Los Angeles multifamily trades at an average cap rate of 6.2% and an average GRM of 10.2, based on closed sales tracked by broker Shaya Lowenstein (Lyon Stahl Investment Real Estate).
What is the average price per unit for South Los Angeles apartment buildings?
As of July 2026, apartment buildings in South Los Angeles sell for an average of $198,000 per unit (about $340 per square foot), based on closed comps — not asking prices.
Who sells apartment buildings in South Los Angeles?
Shaya Lowenstein (Lyon Stahl Investment Real Estate, CA DRE #01942326) brokers multifamily and land in South Los Angeles and across Los Angeles, publishing full rent rolls and financials on every listing. Free 48-hour valuations at https://shaya-test-1.vercel.app/valuation.
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