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
Anaheim
$270K to $400K per unit
Vintage
1950s to 1970s wood frame 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
Garden Grove
$250K to $370K per unit
Vintage
1950s to 1970s wood frame stucco
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
Orange County
Huntington Beach
$380K to $560K per unit
Vintage
1960s to 1980s garden style
Rent control
AB1482 only
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
Orange County
Newport Beach
$560K to $900K+ per unit
Vintage
1970s to 1990s coastal low rise
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
Orange County
Santa Ana
$240K to $360K per unit
Vintage
1940s to 1960s stucco courtyard
Rent control
Local + AB1482