/// PRICE ÷ ANNUAL GROSS INCOME · THE FIRST FILTER
GRMcalculator.
Crude but fast — the first filter every LA multifamily buyer runs.
GROSS RENT MULTIPLIER
12.50
MONTHLY INCOME
$13,333
Rule of thumb: LA multifamily has traded between ~10–16× GRM depending on submarket, rent upside, and condition. Compare against the live numbers on the submarket data pages.