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Brentwood

Brentwood is one of the most affluent and supply-constrained multifamily submarkets on Los Angeles’ Westside, known for its high-quality housing stock, strong tenant demographics, and long-term investment stability. Located along the Wilshire corridor between Santa Monica and Westwood, Brentwood attracts a renter base composed primarily of professionals, executives, and families seeking a suburban feel within close proximity to major employment centers.

The submarket benefits from its proximity to key economic drivers, including Century City, Westwood (UCLA), and Santa Monica’s tech and media hubs. This connectivity, combined with easy access to the 405 freeway and major surface streets like Wilshire Boulevard and San Vicente Boulevard, supports consistent rental demand from high-income tenants. As a result, Brentwood typically experiences strong occupancy levels and relatively low tenant turnover compared to more transient urban markets.

Brentwood’s appeal is further enhanced by its walkable village atmosphere, anchored by Brentwood Village, San Vicente’s retail corridor, and a variety of upscale dining, boutique shopping, and wellness-oriented amenities. The neighborhood is also known for its tree-lined streets, well-maintained properties, and proximity to outdoor destinations such as the Santa Monica Mountains and nearby beaches.

From an investment perspective, Brentwood is considered a core, low-risk submarket characterized by high barriers to entry and limited new development. Strict zoning regulations, community resistance to large-scale projects, and high land costs have constrained new supply, which helps preserve long-term property values. Multifamily inventory consists primarily of smaller, well-maintained buildings and select newer luxury developments, many of which command premium rents.

Cap rates in Brentwood are typically among the lowest in Los Angeles, reflecting strong investor demand and the stability of the tenant base. While traditional value-add opportunities are more limited, investors often focus on light renovations, operational efficiencies, and long-term hold strategies to achieve steady appreciation. Overall, Brentwood remains a premier multifamily investment destination for investors prioritizing wealth preservation, stable cash flow, and exposure to one of Los Angeles’ most desirable Westside locations.

AVG CAP RATE

4.8%

AVG PRICE/UNIT

$575,000

VACANCY RATE

5.8%

RENTAL GROWTH

1.2% YoY

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