Property Values, Rental Rates & Recent Sales: Los Angeles & San Bernardino County
In the latest episode of The Apartment Dealer Show, we delve deep into the multi-family market dynamics and recap of 2023 and forecast what's on the horizon for 2024. This is one episode you absolutely cannot afford to miss!
Last year was a rollercoaster, with fluctuations in sales volume, unit prices, and Cap Rates painting a complex picture of the multifamily landscape. But where there's complexity, there's opportunity - and that's exactly what we're unpacking in this episode.
We've crunched the numbers, compared the stats, and now we're ready to reveal the insights that could redefine your investment strategy!
From East Los Angeles to the San Gabriel Valley, from the 710 Corridor to the vibrant communities of the Inland Empire, we've compiled all the data with respect to the highest sales, the shifting sands of rental rates, and the nuances that could make all the difference to your bottom line.
Today I will discuss:
• Recent Multi-Family Property Sales & Value Trends
• Current Rental Rates for 3 Bed, 2 Bed, 1 Bed & Studio Units in YOUR Area
• Current Cap Rates & Other Market Metrics Every Investor Should Know
• Highest Priced Sales In 2023
And The Important Question
• What is YOUR investment strategy for 2024?
Why tune in? Whether you're looking to buy, sell, hold, or refinance, understanding the current market dynamics is crucial to making informed decisions that maximize returns.
So, grab your favorite beverage, find a comfortable seat, and join us as we navigate the multi-family market's twists and turns. This isn't just about numbers and charts; it's about empowering you with practical insights to elevate your Financial Legacy.
Click here to watch the full episode and discover how you can leverage the latest market trends to your advantage.
Here's to a prosperous 2024!
LINKS
What is CAP Rate?: https://youtu.be/jgYoUfxxxE4
Get Your Free Rental Rate Report: http://RaiseMyRents.com
Ontario Renovation Series: - https://aptdlr.info/ontariorenovation
Gil Figueroa Interview - https://youtu.be/0qQcxtZxfBs
Learn About Pillar 2 - https://youtu.be/lfo4NLXO0hg
Learn About Pillar 3 - https://youtu.be/83c5SlVFkK4
Michael Brennan Interview - https://youtu.be/y7F3cmoq-kw
What is a DST?: https://youtu.be/eNd-le0HC-Y
CHAPTERS
00:00 Intro
01:48 Our Multi-Family Corridors
03:05 Corridor Metrics Explainer
04:15 East LA Multi-Family Corridor
08:30 710/91 Multi-Family Corridor
12:27 West San Gabriel Valley Multi-Family Corridor
15:10 East San Gabriel Valley Multi-Family Corridor
18:15 605 Multi-Family Corridor
20:56 Inland Empire West Multi-Family Corridor
24:08 Inland Empire East Multi-Family Corridor
26:16 Summary
48:44 Outro
OUR CORRIDORS
East LA Multi-Family Corridor
Boyle Heights (90023), East LA (90022), El Sereno
710/91 Multi-Family Corridor
Bell, Bell Gardens, Commerce, Cudahy, Huntington Park, Maywood, Paramount, South Gate
West San Gabriel Valley Multi-Family Corridor
Rosemead, San Gabriel, Temple City
East San Gabriel Valley Multi-Family Corridor
Azusa, Baldwin Park, Covina, El Monte, Glendora, La Verne, Monrovia, South El Monte, West Covina
605 Multi-Family Corridor
Bellflower, Downey, La Puente, Montebello, Norwalk, Pico Rivera, Whittier
Inland Empire West Multi-Family Corridor
Chino, Claremont, Montclair, Ontario, Pomona, Rancho Cucamonga, Upland
Inland Empire East Multi-Family Corridor
Bloomington, Colton, Fontana, Rialto
#MultifamilyInvesting #InterestRateTrends #RealEstateFinance #InvestmentStrategies #CommercialRealEstate #RealEstateMarket #InvestorInsights #PropertyInvestment #RealEstatePortfolio #FinancingSolutions
Did you miss our previous article...
https://trendinginrealestate.com/multifamily-investing/multifamily-syndication-returns-breakdown-what-you-actually-make-when-investing