Login

Downtown LA Apartment Market’s Fortunes Appear To Wane

Multifamily Fundamentals Return Region to Position as Perennial Underachiever
Apartment renter demand in downtown Los Angeles weakened in the face of 1,800 new units last year. (CoStar)
Apartment renter demand in downtown Los Angeles weakened in the face of 1,800 new units last year. (CoStar)
CoStar Analytics
February 21, 2023 | 4:16 P.M.

After realizing strong fundamentals in 2021, the downtown Los Angeles apartment market saw a dramatic reversal in performance last year. Vacancy, now at 10.3%, is up from 5.8% in the first quarter of 2022.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE