Even in a challenging market, we're still hustling.

As we wrap up 2024, it's easy to focus on what's missing - the next goal, the next deal, the shiny new thing. But today, I'm hitting pause to focus on gratitude for what's already here.

Side note - I know I'm late to the party, but if you haven't yet, grab yourself a Gratitude Journal. It's $10 and worth every penny. A little reminder that even the small things deserve appreciation.

I won't sugarcoat it - 2024 wasn't easy.

This year tested all of us. Interest rates soared, anti-landlord legislation tightened, and investor activity slowed. But through all the challenges, I'm incredibly grateful for the people around me: my team, our clients, and my colleagues who made the year smoother and more successful than it could've been alone. And despite the headwinds, we made things happen. Los Angeles multifamily transactions in 2024 proved resilient. KST closed 25 multifamily deals and assisted 35 clients navigating the competitive Los Angeles multifamily market.

Wishing you and your family a year filled with love, laughter, and cherished memories. I look forward to reconnecting with you in 2025!

Los Angeles Multifamily Transactions 2024: Our Success Stories

Sold in 90 Days in Palms @ 4.25% CAP & 97% Of Asking Price

Sold for $4,650,000 | Seller Rep

The property's owner, a long-time client of KST, sought to diversify their Los Angeles multifamily portfolio. The buyers discovered that the actual operating expenses were significantly higher than initially estimated. Despite the discrepancy, they remained interested...

Click here to view the success story.

Sold in 90 Days in Glendale @ 4.87% CAP & 12.80 GRM

Sold for $4,200,000 | Seller Rep.

Just 2 weeks into the listing, we connected with an agent representing a buyer who already owned several multifamily properties in the area and had multiple projects in development. 60 days later, escrow closed at 95% of the listed price: $4,200,000.

Click here to view the success story.

$152,000 Over-Asking Pico-Robertson Sale in 75 Days

Sold for $2,052,000 | Dual Rep.

Our marketing efforts generated over 5,500 views, resulting in approximately 15 offers on this Los Angeles multifamily transaction. We carefully vetted and toured all qualified buyers, fostering a competitive bidding environment that culminated in a round of best-and-final offers.

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From Expired Listing to Sold Near Larchmont Village

Sold for $1,475,000 | Dual Rep.

827 N. McCadden was previously listed with 3 previous agents and was on the market for 451 days. The property featured a significant amount of deferred maintenance, and the buyer would ask for a significant credit in escrow, which could derail any deal...

Click here to view the success story.