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.

Orange County
Santa Ana
$240K to $360K per unit
Vintage
1940s to 1960s stucco courtyard
Rent control
Local + AB1482

Orange County
Anaheim
$270K to $400K per unit
Vintage
1950s to 1970s wood frame stucco
Rent control
AB1482 only

Orange County
Garden Grove
$250K to $370K per unit
Vintage
1950s to 1970s wood frame stucco
Rent control
AB1482 only

Orange County
Buena Park
$260K to $390K per unit
Vintage
1940s to 1970s wood frame and stucco
Rent control
AB1482 only

Orange County
Costa Mesa
$380K to $560K per unit
Vintage
1960s to 1980s courtyard and garden style
Rent control
AB1482 only

Orange County
Fullerton
$320K to $470K per unit
Vintage
1950s to 1970s wood frame stucco, plus older bungalows near downtown
Rent control
AB1482 only

Orange County
Huntington Beach
$380K to $560K per unit
Vintage
1960s to 1980s garden style
Rent control
AB1482 only

Orange County
Newport Beach
$560K to $900K+ per unit
Vintage
1970s to 1990s coastal low rise
Rent control
AB1482 only

Orange County
Orange
$340K to $500K per unit
Vintage
1920s to 1970s, Old Towne bungalows to mid-century courtyard
Rent control
AB1482 only

Orange County
Tustin
$360K to $520K per unit
Vintage
1960s to 1980s garden and courtyard style
Rent control
AB1482 only

Orange County
Westminster
$300K to $430K per unit
Vintage
1950s to 1970s wood frame stucco
Rent control
AB1482 only

Los Angeles County
Bell
$210K to $320K per unit
Vintage
1920s to 1950s bungalow court and stucco walk up
Rent control
AB1482 only

Los Angeles County
Compton
$220K to $330K per unit
Vintage
1940s to 1960s California bungalow court and stucco
Rent control
AB1482 only

Los Angeles County
Cudahy
$200K to $310K per unit
Vintage
1950s to 1970s stucco walk up
Rent control
Local + AB1482

Los Angeles County
Downey
$280K to $410K per unit
Vintage
1950s to 1970s stucco walk up
Rent control
AB1482 only

Los Angeles County
Glendale
$320K to $490K per unit
Vintage
1940s to 1960s stucco walk up
Rent control
Local + AB1482

Los Angeles County
Hollywood
$300K to $460K per unit
Vintage
1920s to 1950s Spanish revival and Streamline Moderne
Rent control
Local + AB1482

Los Angeles County
Inglewood
$200K to $320K per unit
Vintage
1940s to 1960s California bungalow court
Rent control
Local + AB1482

Los Angeles County
Koreatown
$230K to $380K per unit
Vintage
1920s to 1950s courtyard apartment
Rent control
Local + AB1482

Los Angeles County
Long Beach
$230K to $350K per unit
Vintage
1920s to 1950s California bungalow court and duplex
Rent control
AB1482 only

Los Angeles County
Lynwood
$210K to $320K per unit
Vintage
1940s to 1960s stucco courtyard
Rent control
AB1482 only

Los Angeles County
Pasadena
$310K to $480K per unit
Vintage
1920s to 1950s Craftsman and Spanish revival
Rent control
Local + AB1482