West Adams
West Adams is a historic and evolving multifamily market centrally positioned between Downtown Los Angeles, Culver City and the broader Westside. The neighborhood features a diverse housing inventory that includes early twentieth-century residences, duplexes, courtyard apartments and low-rise multifamily properties. Adams, Washington, Jefferson and La Cienega boulevards provide access to local businesses, services and surrounding employment centers, while nearby Metro E Line stations strengthen connections to Downtown, USC, Culver City and Santa Monica. Recent planning initiatives have directed additional housing and commercial development toward major corridors and transit-oriented areas while preserving the character of established residential neighborhoods. For multifamily investors, West Adams offers opportunities to renovate existing rental properties and participate in the continued growth of a centrally located Los Angeles community.
MARKET OVERVIEW
Source: CoStar | West Adams Multifamily | 2025
Units Sold
190
Rent Growth (YoY)
-2.9%
Average Cap Rate
5.8%
Vacancy Rate
5.1%
Average Price Per Unit
$212,728
Average Rent
$2,131
Average Sale Price
$1.6M
Total Transactions
26
EMPLOYMENT DRIVERS
Employment demand is supported by USC, Downtown Los Angeles and the expanding office, media and technology sectors in Culver City. Residents also have access to healthcare, education, retail and service-sector jobs throughout Central Los Angeles and the Westside. Nearby Metro E Line stations connect the neighborhood to major employment centers between Downtown and Santa Monica.
TENANT PROFILE
West Adams attracts a diverse tenant base that includes working professionals, families, students and long-term neighborhood residents. Renters are drawn to its central location, varied housing stock and convenient access to USC, Culver City, Downtown Los Angeles and the Westside. Demand spans smaller apartments for individual renters and larger units suited to couples and families.