Issue · June 2026 · Los Angeles Multifamily & Land
County sales data shows Los Angeles multifamily transaction volume up 22% year-to-date against the prior year — a meaningful rebound after two soft years, even as underlying distress indicators continue to build in the background.
Notices of default rose 175% year-over-year, a sign that pressure from higher-rate refinances and thinner rent growth is starting to show up in the data, even while sales activity itself is picking up.
Inglewood pricing has traced a clear U-shape through the cycle — a dip followed by a Q2 2026 recovery back to roughly $260K per unit. It's one of the clearer signs that buyer appetite is returning to South Bay-adjacent submarkets specifically, not just the county as a whole.
