Submarkets

The small multifamily neighborhoods where Alex sources deals. Each profile covers cap rate ranges, building vintage, rent regulation, and what kinds of investors typically buy there.

Anaheim Art Deco building with palms
Orange County

Anaheim

$270K to $400K per unit

Vintage
1950s to 1970s wood frame stucco
Rent control
AB1482 only
Cityscape montage of Bell, Los Angeles County, California
Los Angeles County

Bell

$210K to $320K per unit

Vintage
1920s to 1950s bungalow court and stucco walk up
Rent control
AB1482 only
Knott's Berry Farm gate, Buena Park, Orange County, California
Orange County

Buena Park

$260K to $390K per unit

Vintage
1940s to 1970s wood frame and stucco
Rent control
AB1482 only
Civic monument in Compton, Los Angeles County, California
Los Angeles County

Compton

$220K to $330K per unit

Vintage
1940s to 1960s California bungalow court and stucco
Rent control
AB1482 only
Costa Mesa palm lined coastal street
Orange County

Costa Mesa

$380K to $560K per unit

Vintage
1960s to 1980s courtyard and garden style
Rent control
AB1482 only
Cudahy public library, Los Angeles County, California
Los Angeles County

Cudahy

$200K to $310K per unit

Vintage
1950s to 1970s stucco walk up
Rent control
Local + AB1482
Downey City Hall, Los Angeles County, California
Los Angeles County

Downey

$280K to $410K per unit

Vintage
1950s to 1970s stucco walk up
Rent control
AB1482 only
Civic architecture in Fullerton, Orange County, California
Orange County

Fullerton

$320K to $470K per unit

Vintage
1950s to 1970s wood frame stucco, plus older bungalows near downtown
Rent control
AB1482 only
Suburban OC residential street
Orange County

Garden Grove

$250K to $370K per unit

Vintage
1950s to 1970s wood frame stucco
Rent control
AB1482 only
Aerial of Glendale with LA River
Los Angeles County

Glendale

$320K to $490K per unit

Vintage
1940s to 1960s stucco walk up
Rent control
Local + AB1482
Hollywood sign on hillside
Los Angeles County

Hollywood

$300K to $460K per unit

Vintage
1920s to 1950s Spanish revival and Streamline Moderne
Rent control
Local + AB1482
Huntington Beach Pier at sunset
Orange County

Huntington Beach

$380K to $560K per unit

Vintage
1960s to 1980s garden style
Rent control
AB1482 only
South LA palm lined urban street
Los Angeles County

Inglewood

$200K to $320K per unit

Vintage
1940s to 1960s California bungalow court
Rent control
Local + AB1482
Koreatown Shatto 39 Lanes neon at night
Los Angeles County

Koreatown

$230K to $380K per unit

Vintage
1920s to 1950s courtyard apartment
Rent control
Local + AB1482
Aerial of Naples Island Long Beach at sunset
Los Angeles County

Long Beach

$230K to $350K per unit

Vintage
1920s to 1950s California bungalow court and duplex
Rent control
AB1482 only
Cityscape view of Lynwood, Los Angeles County, California
Los Angeles County

Lynwood

$210K to $320K per unit

Vintage
1940s to 1960s stucco courtyard
Rent control
AB1482 only
Corona Del Mar palm street with ocean backdrop
Orange County

Newport Beach

$560K to $900K+ per unit

Vintage
1970s to 1990s coastal low rise
Rent control
AB1482 only
Historic Old Towne Orange Plaza district, Orange County, California
Orange County

Orange

$340K to $500K per unit

Vintage
1920s to 1970s, Old Towne bungalows to mid-century courtyard
Rent control
AB1482 only
Pasadena Old Town with palms and clock tower
Los Angeles County

Pasadena

$310K to $480K per unit

Vintage
1920s to 1950s Craftsman and Spanish revival
Rent control
Local + AB1482
Santa Ana civic center
Orange County

Santa Ana

$240K to $360K per unit

Vintage
1940s to 1960s stucco courtyard
Rent control
Local + AB1482
Historic blimp hangar in Tustin, Orange County, California
Orange County

Tustin

$360K to $520K per unit

Vintage
1960s to 1980s garden and courtyard style
Rent control
AB1482 only
Westminster City Hall, Orange County, California
Orange County

Westminster

$300K to $430K per unit

Vintage
1950s to 1970s wood frame stucco
Rent control
AB1482 only