Editor & Publisher
David Safai
Los Angeles, Cal.

Atlas Brief

A Journal of Record
Real Estate · Development
Construction · Policy

Est. MCMXCVI

A running log of Los Angeles real estate — what trades, what's listed, what the numbers actually say. Written by David Safai, operator · developer · GC.

Subscribe to the Friday DispatchOne note per week — what traded, what’s listed, what the numbers say. Free.
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TAPE 3August 20, 2026

Bought for $86.8M. Sold for $70.5M

630 Masselin Ave · Los Angeles · 169 units, 1990

Six years later, this 169-unit Miracle Mile apartment building sold for 19% less. 

Broker ActivitySold
630 Masselin Ave
TAPE 3August 8, 2026

Erewhon Buys Its Santa Monica Store for $19.1 Million

2800 Wilshire Blvd · Santa Monica · 1994

The luxury grocer paid $1,528 per square foot.  Nearly twice the Santa Monica retail average to own the building it was already renting.

Broker ActivitySold
2800 Wilshire Blvd
DISPATCHAugust 7, 2026

The ULA Free Ring

I Wanted to Understand What ULA Was Doing to Los Angeles. So I Dug In.

Atlas Brief
DISPATCHJuly 30, 2026

The Hidden Advantage Los Angeles Real Estate Investors Have

I wanted to understand what Warren Buffett and Sam Zell meant when they talked about “moats.” The more I studied it, the more I began to think Los Angeles may have one of the biggest real estate moats in America.

Atlas Brief
DISPATCHJuly 29, 2026

AB 1482 Expires in 2030. Are Investors Paying Too Much Today?

Save this guide. Give it to your AI with a building’s address, year, unit count and rent roll. Then test which rent law applies, how fast rents can reach market and what happens to the value if California changes the rules.

Atlas Brief
TAPE 3July 24, 2026

Bought for $13 Million. Renovated. Sold for $5 Million.

950 S Broadway · Los Angeles · 1913

We hear “you can’t lose at this basis” all the time. This fully leased building was renovated, carried for eight years and still sold for $8 million less than its prior purchase price.

Broker ActivitySold
950 S Broadway
DISPATCHJuly 21, 2026

The UC Regents Bought $49.8 Million of Westwood From the Family Behind UCLA Anderson

The Regents acquired 16 Westwood Village properties for $49.8 million from Anderson Holdings. The family real estate company behind John E. Anderson, whose name is on UCLA’s business school. The portfolio traded at approximately $274 per building square foot, but the buyer’s plans have not been announced.

Atlas Brief
TAPE 3July 20, 2026

Can Someone Explain This Deal?

8950 W Olympic Blvd · Beverly Hills · 1988

A Beverly Hills retail center sold for $20.1M, $34.1M just five months later, and then $25.75M less than three years after that.  I can't figure out what happened.

Broker ActivitySold
8950 W Olympic Blvd
TAPE 3July 20, 2026

CIM Sells to a National Townhome Builder

728 S Hudson Ave · Los Angeles

Woodside Homes acquired the site for $8M and plans to develop a townhome project originally entitled by CIM Group.

Broker ActivitySold
728 S Hudson Ave
TAPE 3July 20, 2026

The Buyer Just Revealed How the $106 Million Was Allocated

8770 Washington Blvd · Culver City · 115 units, 2016

After publishing, the buyer shared that the purchase price was allocated as follows: Retail: $25,000,000.  Multifamily: $81,000,000 (approximately $700,000 per unit) 

Broker ActivitySold
8770 Washington Blvd
TAPE 3July 19, 2026

Who's the Buyer for ED1?

4186 S Western Ave · Vermont Square · 118 units, 2026

30,000 units got entitled. Fewer than 5,000 broke ground. Now they're all looking for a buyer

Broker ActivityFor Sale
4186 S Western Ave
TAPE 3July 19, 2026

36 Units for $5M - Why I Like It

1825 N Gramercy Pl · Los Angeles · 36 units, 1968

$140,278 per door. $161/SF. - This Is Why I Track Every Apartment Sale in Los Angeles.

Broker ActivitySold
1825 N Gramercy Pl
TAPE 3July 19, 2026

This Is Why I Think Hollywood Is Bottoming

5535 Carlton Way · Los Angeles · 36 units, 1965

"Markets usually offer their best opportunities when pessimism is greatest." — Howard Marks Has Hollywood finally reached that point?

Broker ActivitySold
5535 Carlton Way
TAPE 3July 19, 2026

45 Unit Palms Closes at a 10.88 GRM- Why I like it

3717 Cardiff Ave · Los Angeles · 45 units, 1973

Been waiting for this trade to close. We finally have another real Palms comp: $291K/door, 5.61% cap, and 10.88 GRM.

Broker ActivitySold
3717 Cardiff Ave
TAPE 3July 18, 2026

I Think I Found My Next Apartment Market.

313 S Reeves Dr · Beverly Hills · 10 units, 2015

I toured one building in Beverly Hills expecting to analyze a sale. I left thinking this might be where I want to own apartments next.

Broker ActivitySold
313 S Reeves Dr
TAPE 3July 18, 2026

The Palisades Rebuild Tracker

319 Via De La Paz · Huntington Palisades · 1941

Every burned lot that sells tells us a little more about where the Palisades rebuild is headed.

Broker ActivitySold
319 Via De La Paz
TAPE 3July 18, 2026

I Think This Might Be the Greatest ED1 Trade of All Time.

11418 Missouri Ave · Los Angeles · 44 units, 2025

The City paid $16.7 million for one of the first completed ED1 projects in West Los Angeles. It may go down as the greatest ED1 trade of all time.

Broker ActivitySold
11418 Missouri Ave
TAPE 3July 18, 2026

Hollywood Just Printed a 8.8 going-in GRM

2030 Holly Dr · Los Angeles · 18 units, 1962

An 18-unit Hollywood property closed at an 8.8 GRM and broker stated 7.34% cap, giving me another data point for older multifamily product in Hollywood.

Broker ActivitySold
2030 Holly Dr
TAPE 3July 18, 2026

Beverly Hills $345/SF- This is Why I like it

240 S Doheny Dr · Beverly Hills · 22 units, 1960

The buyer paid just $345 per square foot and $357,000 per unit with Comps trading closer to $450–$500 per square foot.

Broker ActivitySold
240 S Doheny Dr
TAPE 3July 18, 2026

Westwood at $445/SF - Why I Like it

10599 Wilshire Blvd · Los Angeles · 97 units, 2007

This 2007-built apartment in one of Los Angeles' best rental markets trades below replacement cost

Broker ActivitySold
10599 Wilshire Blvd
DISPATCHJuly 13, 2026

The AeroSpace Tape

The Real Estate behind LA's Aerospace & Defense Boom

Atlas Brief
TAPE 3July 6, 2026

Why I Think LA Warehouses Will Be Worth Much More in 10 Years

11640 Hart St · North Hollywood · 1947

America is rebuilding its manufacturing base, Los Angeles isn't making more industrial land, and owner-users continue to pay a premium for it. This North Hollywood warehouse sale shows why I believe industrial remains one of the best long-term investments in Southern California.

Broker ActivitySold
11640 Hart St
TAPE 3July 5, 2026

At $196/SF, Why Would You Ever Build an ED1 Project?

4573 Willis Ave · Sherman Oaks · 22 units, 1964

Existing apartments at $196/SF. A 6.11% cap on Day One. A path to much stronger cash flow over time. Convince me why building ED1 is a good investment.

Broker ActivitySold
4573 Willis Ave
TAPE 3July 3, 2026

Pacific Palisades: A $6.5M Sale Adds Another Key Market Comp

16705 Charmel Ln · Marquez Knolls · 1 units, 1966

A renovated Marquez Knolls home sold for $6.5 million ($1,857/SF), giving owners, builders, and buyers another comp for what Pacific Palisades homes are worth today.

Broker ActivitySold
16705 Charmel Ln
TAPE 3July 3, 2026

What Does $112,500 Per Unit Look Like in Los Angeles?

10600 S Inglewood Ave · Inglewood · 54 units, 1957

This 54-unit Lennox apartment community traded for $6.08 million, or $112,500 per unit, at an 8.99 GRM—another useful comp for investors tracking.

Broker ActivitySold
10600 S Inglewood Ave
TAPE 3July 2, 2026

What Does It Really Cost to Rebuild This Palisades Home?

17053 Livorno Dr · Marquez Knolls · 1950

The lot just sold for $1.44 million. I estimate what it could cost to go from vacant land to a completed home and what every owner should know before rebuilding.

Broker ActivitySold
17053 Livorno Dr
TAPE 3June 29, 2026

$147/SF for the Bank of America Tower

333 S Hope St · SEC of 3rd & Flower · 1974

Capital Group buys its own Downtown LA office tower out of a court-appointed sale for $210M, $147.71/SF

Broker ActivitySold
333 S Hope St