Palms Multifamily

Palms is the LA submarket most sellers underwrite wrong. It sits geographically on the Westside — tucked between West LA and Culver City — but regulatorily it is LA City, with the full weight of the Rent Stabilization Ordinance applying to most of its inventory.

Jurisdiction
LA City
Rent control regime
LA City RSO (pre-1978) + Costa-Hawkins (post-1995)
Sterman closings here
12 transactions
Typical sale
With tenants in place
Selling guide

Selling an apartment building in Palms

Palms is dense, walkable, and demographically attractive. Proximity to Sony Pictures, Culver City's tech employers, and the Expo Line keeps tenant demand structurally high. The submarket's pre-1978 inventory is among the...

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Living in town

Living in Palms

Palms is a dense Westside LA neighborhood between Culver City and Mar Vista, characterized by 1960s-era multifamily inventory at scale and proximity to the Expo Line.

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Closings

Sterman closings in Palms

12 Sterman Multifamily Group closings in Palms. See the full transaction record.

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FAQ

Questions about selling in Palms

4 common questions about selling an apartment building in Palms — answered.

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Michael's Take
Palms is the dense mid-Westside multifamily market. Inventory is overwhelmingly pre-1978 apartment stock. The Expo Line is a specific pricing input for buildings within walking distance of stations.

Thinking about selling in Palms?

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