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As interest rates increase for home buyers, not only does the monthly payment go up, but so does the amount of income needed to qualify to purchase a home. ...

Courtesy Zumper - https://www.zumper.com/blog/2018/01/zumper-national-rent-report-january-2018/ Per Zumper's annual report San Diego Multifamily one bedrooms grew nationwide by 2.1% to $1,255, San Diego apartment building two beds increased .2% to $1,388. San Diego Multifamily apartment buildings moved up the rank to number 6 for the highest rental rates, Los Angeles number 5 for reference. One bedroom rental rates increased by 2.4% to $1,730 and two...

Credit GlobeSt.Com, Kelsi Maree Borland's article on April 30th (see link here) $594,000,000 is a lot of dough, that's half a billion, just in the first quarter of 2018 with $400M of it going to life science companies in San Diego. In addition, La Jolla' Synthorx raised $63M as April 30th, 2018 (see Synthorx.com). This should be a welcomed vote of...

Commercial - Mixed Use Investment Opportunity 107 & 117 W Channel Road, Los Angeles, CA 90402 Asking $5,200,000 Contact Eric von Bluecher  310-900-9505 - call/text evonbluecher@concord-re.com - reply email for more details   Stats: 16.05 GRM  4.98% CAP 11 mixed used units of residential/office Lot size approx 7,056 - triangular shape Highlights: California Beach Bungalow architecture built in 1915 and 1933 Delivered vacant or occupied Current cap rate is 4.98% w/ a $27k/month...

2017 Santa Monica Multifamily Sales Report 5-100 Units For 2017, Santa Monica multifamily sales for units 5 to 100 units totaled: - 42 total sales - 488 total units sold - $193,155,000 total sales volume with a median - cap rate of just above 3%, - GRM hovering in the 19 range, - price per unit at $416k and - price per foot at $536. When relating these numbers to the...

Multifamily Sales Charts - 10 Year Venice Sub-Market of 90291 & 90292 Sales Reported from January 2008 to December 2017 of buildings 5 to 100 Units [caption id="attachment_16309" align="alignnone" width="1024"] Venice Sales Volume[/caption] [caption id="attachment_16310" align="alignnone" width="1024"] Venice Price Per Unit[/caption] [caption id="attachment_16311" align="alignnone" width="1024"] Venice Cap Rate[/caption] Contact Eric M-F 9-6 for a complimentary evaluation of your portfolio:  Eric M von Bluecher, BRE#01926201 Multifamily Specialist evonbluecher@concord-re.com 310-900-9505 cell...

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