So Cal Multifamily Sales Pulse -July 9, 2023 - July 15, 2023

Disclaimer: All information contained herein is obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only. We make no claim(s) as to the accuracy or reliability of the information presented. If you wish for us to analyze your specific property or situation please feel free to call or email us anytime.


Here's What's Happening In The Market, Here’s What This Means For You

Has Confidence In The US Housing Market Plateaued? https://link.socalmultifamilybroker.com/EuDd

State Street Delinquent On $81M In Loans Tied To Irvine Office Towers https://link.socalmultifamilybroker.com/EuI7

Green Street: CRE Pricing Posts 0.8% Monthly Decline https://link.socalmultifamilybroker.com/EuJQ

You Don’t Need This Report To Know California’s Housing Market Is Grim, But Here You Go https://link.socalmultifamilybroker.com/Ev6U

Black Knight’s Home Price Index Hits New Record High https://link.socalmultifamilybroker.com/EvSh

Navigating Inflation and Uncertainty: Real Estate Investors Tread Cautiously https://link.socalmultifamilybroker.com/EvSi

Ashford Hospitality Trust Looks to Hand Lenders the Keys on 19 Hotels https://link.socalmultifamilybroker.com/EvSr

Multifamily Distress Is Starting, Depending on Where You Look https://link.socalmultifamilybroker.com/EwJC

Tracking CRE Price Discovery Though Auction Activity https://link.socalmultifamilybroker.com/EwJF

Analyst: The Road Back to Break Even Could Take a While https://link.socalmultifamilybroker.com/EwJI

Inflation Suddenly Drops, But There Still May Be More Hikes in the Future https://link.socalmultifamilybroker.com/ExRK

Walker Webcast: Peter Linneman Sees Light at End of Interest-Rate Tunnel https://link.socalmultifamilybroker.com/ExXG

How Some Lenders Are Managing CRE Loan Modifications https://link.socalmultifamilybroker.com/EyHD

A New Estimate: Office Could Lose $800B in Value by 2030 https://link.socalmultifamilybroker.com/EyK4

The New Normal for Apartment Demand https://link.socalmultifamilybroker.com/EyOo

Apartment Supply Continues to Outpace Demand https://link.socalmultifamilybroker.com/EyOt

Median Apartment Asking Rents Haven’t Fallen That Much https://link.socalmultifamilybroker.com/EyOx

Foreclosure Activity Increased In First Half Of 2023 https://link.socalmultifamilybroker.com/Eywq


If you're looking for currently available multifamily properties visit:
https://www.mikelembeck.com/search-the-mls
for access to all available multifamily listings throughout Southern California.

Orange County

Live MLS Link expires in 30 days after published

Live MLS Link PDF Link

Orange County Closed Sales - MikeLembeck.com

Avg. Cap Rate: 4.44%
Avg. Gross Rent Multiplier: 14.87
10
Closed Sales Last Week
124
Closed Sales - Average Days on Market
$1,520,150
Closed Sales - Average Sales Price
1
Transactions Sold At or Above Asking Price
6
Financed Transactions Last Week
4
All Cash Transactions Last Week
8
2-4 Unit Transactions Last Week
2
5+ Unit Transactions Last Week

15
New Listings Last Week
6
Months of Inventory
177
Total Number of Active Listings
$631,383,072
Active Listings, Dollar Volume
5
Active Under Contract Last Week
0
Pending Listings Last Week
2
Expired Listings Last Week

Long Beach

Live MLS Link expires in 30 days after published

Long Beach Closed Sales - MikeLembeck.com

Avg. Cap Rate: 4.64%
Avg. Gross Rent Multiplier: 14.17
0
Closed Sales Last Week
0
Closed Sales - Average Days on Market
0
Closed Sales - Average Sales Price
0
Transactions Sold At or Above Asking Price
0
Financed Transactions Last Week
0
All Cash Transactions Last Week
0
2-4 Unit Transactions Last Week
0
5+ Unit Transactions Last Week

8
New Listings Last Week
5
Months of Inventory
101
Total Number of Active Listings
$279,846,196
Active Listings, Dollar Volume
4
Active Under Contract Last Week
0
Pending Listings Last Week
0
Expired Listings Last Week

Los Angeles County

Live MLS Link expires in 30 days after published

Live MLS Link PDF Link

Los Angeles County Closed Sales - MikeLembeck.com

Avg. Cap Rate: 4.64%
Avg. Gross Rent Multiplier: 14.17
57
Closed Sales Last Week
45
Closed Sales - Average Days on Market
$1,306,167
Closed Sales - Average Sales Price
23
Transactions Sold At or Above Asking Price
48
2-4 Unit Transactions Last Week
9
5+ Unit Transactions Last Week

114
New Listings Last Week
25
Months of Inventory
1,873
Total Number of Active Listings
$12,195,892,577
Active Listings, Dollar Volume
26
Active Under Contract Last Week
24
Pending Listings Last Week
25
Expired Listings Last Week

San Diego County

Live MLS Link expires in 30 days after published

Live MLS Link PDF Link

San Diego County Closed Sales - MikeLembeck.com

Avg. Cap Rate: 4.66%
Avg. Gross Rent Multiplier: 14.4
10
Closed Sales Last Week
7
Closed Sales - Average Days on Market
$1,806,100
Closed Sales - Average Sales Price
3
Transactions Sold At or Above Asking Price
5
Financed Transactions Last Week
5
All Cash Transactions Last Week
9
2-4 Unit Transactions Last Week
1
5+ Unit Transactions Last Week

22
New Listings Last Week
11
Months of Inventory
180
Total Number of Active Listings
$90,804,047
Active Listings, Dollar Volume
1
Active Under Contract Last Week
9
Pending Listings Last Week
3
Expired Listings Last Week

Riverside County

Live MLS Link expires in 30 days after published

Live MLS Link PDF Link

Riverside County Closed Sales - MikeLembeck.com

Avg. Cap Rate: 5.6%
Avg. Gross Rent Multiplier: 11.92
4
Closed Sales Last Week
49
Closed Sales - Average Days on Market
$714,500
Closed Sales - Average Sales Price
3
Transactions Sold At or Above Asking Price
4
Financed Transactions Last Week
0
All Cash Transactions Last Week
4
2-4 Unit Transactions Last Week
0
5+ Unit Transactions Last Week

4
New Listings Last Week
23
Months of Inventory
79
Total Number of Active Listings
$363,549,832
Active Listings, Dollar Volume
3
Active Under Contract Last Week
1
Pending Listings Last Week
1
Expired Listings Last Week

San Bernardino County

Live MLS Link expires in 30 days after published

Live MLS Link PDF Link

San Bernardino County Closed Sales - MikeLembeck.com

Avg. Cap Rate: 6.37%
Avg. Gross Rent Multiplier: 9.64
4
Closed Sales Last Week
44
Closed Sales - Average Days on Market
$1,636,000
Closed Sales - Average Sales Price
1
Transactions Sold At or Above Asking Price
1
Financed Transactions Last Week
3
All Cash Transactions Last Week
3
2-4 Unit Transactions Last Week
1
5+ Unit Transactions Last Week

5
New Listings Last Week
26
Months of Inventory
129
Total Number of Active Listings
$289,393,858
Active Listings, Dollar Volume
2
Active Under Contract Last Week
5
Pending Listings Last Week
0
Expired Listings Last Week

<< Back


Comments

No comments.

Register here or Login here to be able to add comment.