Mid-City Multifamily Broker
Apartment buildings and development sites in Mid-City Los Angeles.
David Saghian of The Saghian Group (Lyon Stahl Investment Real Estate) sells apartment buildings and development sites in Mid-City, where The Saghian Group has closed 2 sales totaling $2,840,000. David has closed $300M+ in sales personally, and our team has closed $400M+.
2 Mid-City sales · $2,840,000 closed · $400M+ team track record
Selling an Apartment Building in Mid-City
City of Los Angeles rules
This area is inside the City of Los Angeles. Buildings with a certificate of occupancy on or before October 1, 1978 are generally covered by the Rent Stabilization Ordinance; newer buildings 15+ years old usually fall under state AB 1482. LAHD
Measure ULA applies
City of LA sales after June 30, 2026 pay ULA of 4% of the full price above $5.4 million and 5.5% at $10.9 million or more, on top of the 0.45% City and 0.11% County transfer taxes. LA Finance
Transit and TOC
Mid-City is crossed by the Metro E Line (Expo), and land within a half mile of a major transit stop can qualify for TOC or CHIP transit incentives, which raises what builders pay for sites. TOC · CHIP
Building stock
Mostly older duplexes, fourplexes and small two-story apartment buildings on standard lots, many pre-1978 and under the RSO, plus infill sites near Venice, Washington and Pico.
Thinking about selling your Mid-City building?
Get a free, confidential valuation from David Saghian: recent comparable sales, the likely buyer pool and a net-proceeds estimate. No obligation.
What Moves Price in Mid-City
Our Sales in and Near Mid-City
2625 Cullen Street
Sold $1,620,000
6046 Comey Street
Sold $1,220,000
1442-1446 S Bedford St
Sold $5,200,000
1967 Preuss Rd
Sold $1,850,000
110-116 S Kings Rd
Sold $4,350,000
Meet David Saghian
A UC Berkeley Haas graduate, I worked at Deloitte and in investment banking before real estate. Today our team has closed more than $400M in Los Angeles sales, and I bring a principal's perspective to every one.
Call (310) 401-1559Mid-City Seller FAQs
Who is a top multifamily broker in Mid-City?
David Saghian of The Saghian Group (Lyon Stahl Investment Real Estate) sells apartment buildings and development sites in Mid-City, where The Saghian Group has closed 2 sales totaling $2,840,000. David has closed $300M+ in sales personally, and our team has closed $400M+.
Have you sold property in Mid-City?
Yes. We sold 2625 Cullen St, a 6,000 sq ft development site, for $1,620,000 ($270 per land square foot), and 6046 Comey St, a vacant lot, for $1,220,000. Both are in the 90034 ZIP on the Culver City side of Mid-City.
Is Mid-City under rent control?
This area is inside the City of Los Angeles. Buildings with a certificate of occupancy on or before October 1, 1978 are generally covered by the Rent Stabilization Ordinance; newer buildings 15+ years old usually fall under state AB 1482. LAHD
Does Measure ULA apply in Mid-City?
City of LA sales after June 30, 2026 pay ULA of 4% of the full price above $5.4 million and 5.5% at $10.9 million or more, on top of the 0.45% City and 0.11% County transfer taxes. LA Finance
What is my Mid-City apartment building worth?
It depends on rents versus market, unit mix, parking, condition, rent-control status and lot size. We do not publish a neighborhood average we cannot source; instead, a free valuation gives you a range from recent comparable sales for your building.
Who buys apartment buildings here?
1031 exchange investors (45 days to identify, 180 days to close under IRS rules), private local families adding to a portfolio, and builders when the lot supports more units. A marketed sale reaches all three.
How should I prepare to sell?
Have a current rent roll, a T-12 (trailing 12 months of income and expenses), leases, registration records and repair and retrofit records ready, and fix or disclose deferred maintenance before buyers inspect.
What does it cost to get a valuation?
Nothing. It is free and confidential, with no obligation to list. Call (310) 401-1559 or request one online.
What is your Mid-City property worth today?
Tell us the address. David will call you with a pricing range, the likely buyer pool and a plan, with no obligation and no listing pressure.