Beverly Hills Multifamily Broker: Apartment Building Sales
Beverly Hills is its own city, with its own rent stabilization ordinance, its own soft-story program, and no city transfer tax or Measure ULA. Its older apartment buildings sell for some of the highest prices per unit in Los Angeles County, and the D Line subway now reaches the city’s edge at Wilshire/La Cienega.
Get a Free Broker Opinion of Value in Beverly HillsTransit Access
- Metro D Line (Purple): Wilshire/La Cienega station, opened May 8, 2026, with a second Beverly Hills station projected for spring 2027
- Metro bus lines along Wilshire Blvd
- A direct subway ride east to Koreatown and Downtown LA
Local Retail
- Rodeo Drive and the Golden Triangle shopping district
- The Wilshire Blvd corridor
- Restaurants and hotels in the city center
Major Employers
- Cedars-Sinai Medical Center (adjacent, in Los Angeles)
- Entertainment, hospitality, and retail employers in the city center
- Century City office employers (adjacent)
Beverly Hills Multifamily Sales So Far This Year
Buildings built before 1978 fall under the LA Rent Stabilization Ordinance (RSO) and trade differently than newer buildings under AB 1482, so we break them out separately. Confirmed Beverly Hills sales through September 2026. Figures are shown only when there are enough sales to be meaningful.
Built Before 1978
- Median Price Per Unit
- $442,679
- 12 Beverly Hills sales
- Median Price Per SF
- $444
- 12 Beverly Hills sales
- Typical Cap Rate
- 4.50% – 5.61%
- 9 Beverly Hills sales
Built 1978 or Later
- Median Price Per Unit
- Not enough data
- Fewer than 3 Beverly Hills sales in this category
- Median Price Per SF
- Not enough data
- Fewer than 3 Beverly Hills sales in this category
- Typical Cap Rate
- Not enough data
- Fewer than 5 Beverly Hills sales reporting a cap rate
Curious what your own Beverly Hills property could be worth? Try our free value calculator →
Selling an Apartment Building in Beverly Hills vs. the City of Los Angeles
Beverly Hills is its own city, and that matters when you sell. It has its own rent stabilization law, its own yearly rent increase, no city transfer tax and no Measure ULA, its own earthquake retrofit program, and its own answer to the new state transit-housing law. A building on one side of the city line can face very different costs than the same building on the other.
Beverly Hills Rent Control, in Plain English
Beverly Hills runs its own Rent Stabilization Ordinance, separate from LA’s. It is split into two chapters, and which one covers a unit depends on what the tenant paid when they moved in and when the building was built. Each chapter has its own yearly increase.
- The tenant’s initial rent at move-in was $600 or less
- The building was built before September 20, 1978
- Allowed increase: 3.33% from June 12, 2026, updated every month
- The tenant’s initial rent at move-in was more than $600
- Covers every other unit under the ordinance
- Allowed increase: 3.6% from June 2026, updated once a year
Source: City of Beverly Hills allowable increases as reported by the Apartment Association of Greater Los Angeles, June 16, 2026.
Three rent control rules every Beverly Hills seller should know
- Know which chapter each unit is under. Two units in the same building can have different yearly increases. Chapter 5’s figure changes every month, so use the current number when you serve a notice, not last year’s.
- Registration is a yearly step. Beverly Hills asks owners of most rental properties to register their units with the city each year. Buyers and their attorneys will ask for proof, so have it ready.
- Units outside the city’s rules may still have a cap. Where Beverly Hills’ ordinance does not cover a unit, the statewide AB 1482 cap (5% plus inflation, up to 10%) may apply.
Confirm how these rules apply to your building with the City of Beverly Hills at (310) 285-1000 or with a landlord-tenant attorney. The city updates its figures during the year.
Beverly Hills Is Not Subject to Measure ULA
Measure ULA, often called the “mansion tax,” applies only to property in the City of Los Angeles. Beverly Hills is a separate city, soULA does not apply to Beverly Hills apartment buildings at any price. Only five cities in LA County charge their own transfer tax, and Beverly Hills is not one of them. A seller there pays only LA County’s documentary transfer tax of $1.10 per $1,000. Here is what that means at two prices.
Difference: $267,000 less in transfer taxes on the Beverly Hills side.
Difference: $400,500 less in transfer taxes on the Beverly Hills side.
- Measure ULA (City of LA only)
- LA city transfer tax
- LA County transfer tax ($1.10 per $1,000)
Illustration only, before commissions and other closing costs. Rates from the LA County Registrar-Recorder and the City of Los Angeles Office of Finance (ULA thresholds for closings after June 30, 2026). Talk to your tax advisor about your own sale.
You keep more of your price, and you do not have to price around the $5.4M line the way City of LA sellers do. A Beverly Hills building should be priced at what it is worth.
Three Moves to Make Before You List a Beverly Hills Building
Take this year’s rent increase first
Buyers pay for the rent roll they see, not the one you could have had. If you have not taken this year’s increase on each unit, check which chapter it is under and serve it before you list.
Put your soft-story file in one folder
Beverly Hills has its own mandatory soft-story program, adopted in December 2018 and in force since January 2019. It covers wood-frame buildings with weak or open ground floors (think tuck-under parking) permitted before 1978, and the city sorts buildings into tiers by height and unit count. Gather the city’s notice, the engineer’s plans, permits, and final sign-off so a buyer does not have to ask. Confirm your building’s status with the city.
Check the subway and SB 79 for your lot
The D Line’s Wilshire/La Cienega station opened May 8, 2026, and Metro projects a second Beverly Hills station and a Century City station for spring 2027. SB 79, the state transit-housing law, took effect July 1, 2026. Beverly Hills adopted its own alternative plan by urgency ordinance, and California’s housing department has been reviewing it. What applies to your parcel is a question for the city, and we are glad to price your building both ways.
What Beverly Hills Apartment Buildings Sell For
Older buildings in Beverly Hills (built before 1978) sold for a median of $442,679 per unit in January-September 2026, across12 sales, with cap rates typically between 4.50% and 5.61%. Here is how that compares with the other neighborhoods we cover.
Source: Highlight Multifamily Group analysis of CoStar sold multifamily comps. Neighborhoods with fewer than 3 sales are left out.
What to Gather Before Selling a Beverly Hills Apartment Building
- Current rent roll with each tenant’s move-in date, move-in rent, and current rent
- Which rent control chapter each unit is under, and proof the building’s yearly city registration is current
- Copies of the last rent increase notices served
- Soft-story paperwork: the city’s notice, engineer’s plans, permits, and sign-off (if your building is on the city’s list)
- Your SB 721 balcony and stair inspection report, if the building has elevated wood balconies, decks, or stairs (see our SB 721 guide)
- Your parcel’s SB 79 status from the city
- Two years of operating expenses and utility bills
- Any buyout agreements, relocation payments, or pending tenant matters
- Leases, including any pet, parking, or storage agreements
Not sure where to start? We will walk you through it as part of a free Broker Opinion of Value. Request yours here.
Thinking of Selling an Apartment Building in Beverly Hills?
Beverly Hills Multifamily FAQs
What is the price per unit for an apartment building in Beverly Hills?
Among buildings built before 1978 sold in Beverly Hills so far in 2026, the median price per unit was $442,679 across 12 sales, and the median price per square foot was $444. Figures are through September 2026 and move with the market.
What cap rate do Beverly Hills apartment buildings sell for?
Buildings built before 1978 sold in Beverly Hills in 2026 had a typical cap rate range of 4.50% – 5.61%, based on 9 sales that reported one (the middle half of those sales). Cap rates vary with building age, condition, and rent levels, so your building can sit above or below the range.
Does rent control apply to apartment buildings in Beverly Hills?
Yes, under Beverly Hills’ own Rent Stabilization Ordinance, not the City of Los Angeles rules. It is split into two chapters: Chapter 5 for older units where the tenant’s initial rent was $600 or less, and Chapter 6 for all other covered units. Each has its own yearly increase, set by the city. Units the ordinance does not cover may still fall under the statewide AB 1482 cap. Confirm your building’s status with the City of Beverly Hills before you price or sell.
How much can landlords raise rent in Beverly Hills in 2026?
Under Beverly Hills’ Rent Stabilization Ordinance, the allowed increase for most units (Chapter 6) is 3.6%, effective in June 2026 and updated yearly. For older low-rent units (Chapter 5, where the tenant’s initial rent was $600 or less in a building built before September 20, 1978), it was 3.33% from June 12, 2026 and is updated every month. Confirm the current figure with the City of Beverly Hills.
Does Measure ULA apply to Beverly Hills apartment buildings?
No. Measure ULA applies only to property in the City of Los Angeles, and Beverly Hills is a separate city. Only five cities in LA County charge their own transfer tax, and Beverly Hills is not one of them, so a seller pays only LA County’s $1.10 per $1,000. On a $6 million sale that is $6,600, compared with $273,600 in combined transfer taxes for the same price in the City of LA.
Do Beverly Hills apartment buildings need a soft-story retrofit?
Some do. Beverly Hills has its own mandatory soft-story program, Ordinance 18-O-2767, adopted in December 2018 and in force since January 2019. It covers wood-frame buildings with weak or open ground floors, such as tuck-under parking, permitted before 1978, and the city sorts buildings into tiers by height and unit count. Buyers will ask for your notice, plans, permits, and sign-off, so gather them before you list.
Does SB 79 apply to Beverly Hills apartment buildings?
SB 79, the state transit-housing law, took effect July 1, 2026. Beverly Hills adopted its own alternative plan by urgency ordinance (26-O-2935), and California’s housing department has been reviewing it. What applies to a specific parcel is a question for the city, so confirm yours before you price a sale.
Why do investors buy apartment buildings in Beverly Hills?
Beverly Hills is in Westside LA, with a Walk Score of 75 (Very Walkable; city-wide average) and a Transit Score of 55. Transit includes Metro D Line (Purple): Wilshire/La Cienega station, opened May 8, 2026, with a second Beverly Hills station projected for spring 2027. Nearby employers and anchors include Cedars-Sinai Medical Center (adjacent, in Los Angeles), Entertainment, hospitality, and retail employers in the city center, and Century City office employers (adjacent). Walkable, transit-connected neighborhoods with local jobs tend to keep renter demand steady.
Are there apartment buildings for sale in Beverly Hills right now?
We do not have an active Beverly Hills listing at the moment. Contact us and we will tell you about upcoming and off-market opportunities as they arise.
What is my Beverly Hills apartment building worth?
Start with our free property value calculator, which prices your building using Beverly Hills's own 2026 sales. Then request a free Broker Opinion of Value for a number based on your actual rent roll, expenses, and condition.
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