LosFeliz.
ESTIMATED FROM 2024 RECORDED SALES · RECOMPUTED SEPTEMBER 2026
Los Feliz pairs some of the best-located apartment stock in Los Angeles, flats and courtyard buildings between Franklin Village and Griffith Park, with scarcity: buildings rarely trade, and when they do, they draw deep buyer pools. Rents are among the highest of any RSO submarket in the city.
Owners here are frequently multi-decade holders; the sale decision is usually about estate planning or a 1031 into easier-to-manage assets, not distress.
Recorded sales by year
| YEAR | SALES | MEDIAN EST. PRICE | MEDIAN EST. $/UNIT | MEDIAN EST. $/SF |
|---|---|---|---|---|
| 2020 | 15 | $2,750,000 | $356,250 | $437 |
| 2021 | 88 | $1,962,499 | $433,333 | $438 |
| 2022 | 78 | $1,900,000 | $454,412 | $490 |
| 2023 | 64 | $1,695,000 | $467,708 | $474 |
| 2024 | 86 | $1,592,000 | $353,792 | $422 |
~2,107 MULTIFAMILY BUILDINGS · 18,650 UNITS · 93% BUILT BEFORE 1979 (RSO-ERA)
NEWEST RECORDED SALE DEC 31, 2024 · RECOMPUTED SEPTEMBER 25, 2026
Coverage: the most recent recorded transfer per parcel over roughly the last five years, limited to sales that reset the Proposition 13 base year and to parcels assessed at $100,000 or more, so a building that traded more than once appears once, and earlier sales are not shown. Prices are estimated from the LA County assessor roll: the Prop-13 reassessment recorded at sale, deflated 2%/yr back to the sale date. They are estimates, not verified closing prices.
Latest Los Feliz trades
Coverage: the most recent recorded transfer per parcel over roughly the last five years, limited to sales that reset the Proposition 13 base year and to parcels assessed at $100,000 or more, so a building that traded more than once appears once, and earlier sales are not shown. Prices are estimated from the LA County assessor roll: the Prop-13 reassessment recorded at sale, deflated 2%/yr back to the sale date. They are estimates, not verified closing prices.
What decides the price
Los Feliz is a small, tightly held market where very little trades in any given year, and that scarcity is the defining fact of pricing a building here. Thin volume means the comp set is genuinely short, and a single unusual sale can distort a median enough to mislead both sides. Character buildings, courtyard plans and hillside parcels carry premiums that a countywide price per unit will not show. When the recorded comps run thin, the honest method is to widen carefully into adjacent submarkets and say plainly which comps came from where.
Who buys here
Long-term hold buyers and owner-occupants who want a specific building rather than an asset class, frequently paying for architecture and street rather than for yield. Cap rate is often the last thing this buyer looks at, which changes how the building should be marketed.
What is the average price per unit for Los Feliz apartment buildings?
The estimated average is $462,023 per unit (about $469 per square foot). It is estimated from 86 sales recorded in 2024, the most recent year with enough recorded sales to average. These are not closing prices: each sale is priced from the LA County assessor's Prop 13 reassessment at the time of sale, deflated back to the sale date. A valuation of a specific building needs verified comps.
Who sells apartment buildings in Los Feliz?
Shaya Lowenstein (Lyon Stahl Investment Real Estate, CA DRE #01942326) brokers multifamily and land in Los Feliz and across Los Angeles. Free 48-hour valuations at https://www.shayarealestate.com/valuation.
Want Los Feliz deals before they're public?
SET YOUR BUY BOX. MATCHING LISTINGS HIT YOUR INBOX THE MOMENT THEY GO LIVE.