
Brentwood
Brentwood is an established Westside multifamily market known for its residential character, neighborhood amenities and central location between Santa Monica, Westwood and the broader employment centers of West Los Angeles. The area’s apartment inventory includes smaller low-rise buildings, mid-century properties and newer multifamily developments, particularly near Wilshire and San Vicente boulevards. San Vicente serves as the neighborhood’s primary commercial corridor, offering convenient access to restaurants, retail and everyday services. Proximity to UCLA, major medical institutions and professional employment centers supports a broad renter base of students, healthcare professionals and Westside employees. For multifamily investors, Brentwood offers opportunities to acquire and reposition existing rental properties within a highly developed neighborhood where new projects must navigate site constraints, established development standards and community-specific planning regulations.
MARKET OVERVIEW
Source: CoStar | Brentwood Multifamily | 2025
Units Sold
285
Rent Growth (YoY)
-0.1%
Average Cap Rate
4.8%
Vacancy Rate
9.2%
Average Price Per Unit
$542,918
Average Rent
$3,866
Average Sale Price
$8.6M
Total Transactions
18
EMPLOYMENT DRIVERS
Employment demand is anchored by UCLA and UCLA Health, which together support a substantial concentration of education, healthcare, research and administrative jobs in nearby Westwood. Additional renters commute to professional, financial, technology, entertainment, retail and hospitality positions across Century City, Santa Monica and the broader Westside employment corridor.
TENANT PROFILE
Brentwood’s tenant base includes professionals, UCLA students and employees, healthcare workers, and established households seeking a residential Westside setting. Renters are drawn to the neighborhood’s proximity to employment centers, local shopping and dining, and access to Santa Monica, Westwood and Century City. Housing options range from studios and one-bedroom apartments to larger units suited to couples and families.
