San Diego's apartment rental market, which has been grappling with a six-month downturn, saw a glimmer of hope in January as rents trended upwards for the first time since June 2023. This marginal increase of 0.2% may seem slight, but it marks a notable shift in a market that has experienced consistent declines, hinting at potential changes in the narrative...

Multifamily Sales Charts - 10 Year Venice Sub-Market of 90291 & 90292 Sales Reported from January 2008 to December 2017 of buildings 5 to 100 Units [caption id="attachment_16309" align="alignnone" width="1024"] Venice Sales Volume[/caption] [caption id="attachment_16310" align="alignnone" width="1024"] Venice Price Per Unit[/caption] [caption id="attachment_16311" align="alignnone" width="1024"] Venice Cap Rate[/caption] ...

Multifamily Sales Charts - 10 Year Santa Monica Sub-Market of 90401, 90402, 90403, 90404, 90405 Sales Reported from January 2008 to 2017 of buildings 5 to 100 Units [caption id="attachment_16303" align="alignnone" width="1024"] Santa Monica Sales Volume[/caption] [caption id="attachment_16304" align="alignnone" width="1024"] Santa Monica Average Sale Price Per Unit[/caption] [caption id="attachment_16305" align="alignnone" width="1024"] Santa Monica Average Sale Cap Rate[/caption] Contact Eric M-F 9-6 for a complimentary evaluation of...

On December 15, 2016 Mayor Eric Garcetti signed the Tenant Buyout Ordinance, combined with Rent Stabilization Ordinance, in effort to curb the housing affordability issues the city of Los Angeles is experiencing. Source: https://www.lamayor.org/mayor-garcetti-signs-tenant-buyout-ordinance. According to LAMayor.org, half of the families here in Los Angeles live in rent controlled apartments. This ordinance was built to strengthen renters' rights by mandating...

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