Palms Apartment Building Sales
Explore 4 closed multifamily transactions totaling $5.39M in Palms. Data from the LAAA Team at Marcus & Millichap.
Request Free Valuation4
Transactions
$5.39M
Total Volume
3.80%
Avg Cap Rate
$318,500
Avg $/Unit
6
Avg Units
2013
Since
LAAA Team Track Record Since 2013
Palms Multifamily Market Overview
Palms is the Westside's most accessible entry point between Culver City and West LA with Expo Line transit. Across 4 transactions totaling $5.4M, average cap rate is 3.80% at $319K per unit. LA RSO applies.
Market Snapshot
Source: CoStar | Greater Culver City Multifamily | 2026 Q143,080Total Units
5.7%↑ from 5.0%Vacancy Rate
$2,918Market Rent/Unit
-0.7%Rent Growth (YoY)
4.8%Market Cap Rate
$438KMarket $/Unit
Rents by Unit Type
Studio$2,062/mo
1 Bedroom$2,606/mo
2 Bedroom$3,403/mo
3 Bedroom$4,227/mo
Investment Activity (Trailing 12 Mo)
Sales Volume$228.7M
Transactions24
Avg Price/Unit$438K
Avg Cap Rate5.3%
Palms Market Area
Loading map...
LAAA Team Closings in Palms
4 transactions by Glen Scher, Filip Niculete & the LAAA Team
2011 Chariton St
Los Angeles • 2020
Price
$2.11MUnits
6Cap
3.39%$/Unit
$352,000
$2.11MUnits
6Cap
3.39%$/Unit
$352,000
8733 Venice Blvd
Los Angeles • 2020
Price
$930,000Cap
2.06%
$930,000Cap
2.06%
3146 S Halm Ave
Los Angeles • 2019
Price
$1.43MUnits
5Cap
2.68%$/Unit
$285,000
$1.43MUnits
5Cap
2.68%$/Unit
$285,000
2370 South Robertson Boulevard
Los Angeles • 2014
Price
$925,000Cap
7.06%
$925,000Cap
7.06%
Source: LAAA Team Closed Transactions
Recent Deal Stories
Palms Multifamily Investment FAQs
What's Your Palms Apartment Building Worth?
Get a complimentary Broker Opinion of Value from the LAAA Team.