Studio City Multifamily Broker

Studio City apartment buildings averaged $316,489 per unit and $287 per square foot in 2025, at a 4.8% average cap rate (CoStar). Value turns on rents versus market, condition and RSO status. We price from your rent roll and comps like our own sale of 4180 Arch Dr, 36 units at $12,000,000 and a 5.4% cap rate.

Sales more than tripled from 5 buildings in 2023 to 17 in 2025, while average price per unit eased from $356,299 in 2024 to $316,489 and cap rates climbed from 4.1% to 4.8%. Higher cap rates mean buyers are underwriting more carefully, so accurate pricing matters more than ever.

Timing depends on price, financing and how fast you deliver due diligence; escrow typically runs 30 to 60 days. A full campaign usually brings more buyers and a higher price; off-market works when the right buyer is already in hand. Studio City buildings that sold in 2025 averaged 2.7 months to sale. We sold 4454 Coldwater Canyon Ave off-market for $7,000,000.

Studio City is in the City of LA, so buildings built on or before October 1, 1978 generally fall under the RSO (3% allowed increase from July 1, 2026 to June 30, 2027). Most newer buildings over 15 years old fall under AB 1482: 5% plus CPI, max 10%, or 8.7% in the LA area from August 1, 2026. For example, 4180 Arch Dr, built in 1990, is not RSO.

Yes. For City of LA sales closing after June 30, 2026, ULA takes 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. Other costs: the broker commission (negotiated, not set by law), escrow, title and any loan prepayment penalty. We model your net proceeds before you list.

In the City of LA, ED1's fast track for 100% affordable projects became permanent law on December 19, 2025, and CHIP density bonuses took effect in February 2025. We sold 11143-11153 Acama St, three six-unit buildings on a 27,000 SF R3 site, and 4454 Coldwater Canyon with a recorded tract map for 15 condos. We check zoning and lot size so buyers pay for real upside.

Have a current rent roll, a T-12 (trailing 12 months of income and expenses), leases and repair records ready, and fix or disclose deferred maintenance. LA's soft-story program covers wood-frame buildings of 2+ stories and 4+ units with tuck-under parking built under pre-1978 codes; buyers will ask for proof of retrofit.

Buyers include 1031 exchange investors, who must identify within 45 days and close within 180 days (the same IRS deadlines apply if you exchange), and private local owners. David Saghian has closed 7 Studio City sales totaling $36,426,000, including 4180 Arch Dr at $12,000,000, and our team has closed more than $400M in LA sales.