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.

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TAPE 3July 8, 2026

2015-Built -Why I Like it

738 S Ogden Dr · Los Angeles · 12 units, 2015

At $450 Per Square Foot, I'd Rather Buy This Than Build It.

Broker ActivitySold
738 S Ogden Dr
TAPE 3July 7, 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 7, 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 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 6, 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 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 4, 2026

What Will This Pico-Robertson Trade For?

1476 S Shenandoah St · Pico-Robertson · 16 units, 1966

16 large two-bedroom units offered at 10.5 GRM. I'm watching this one closely to see where it actually trades.

Broker ActivityFor Sale
1476 S Shenandoah St
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 3, 2026

Tony Azzi Lands Another Big One

1443 N Fuller Ave · Los Angeles · 82 units, 1987

An 82-unit, non-RSO apartment building traded for $27.7 million

Broker ActivitySold
1443 N Fuller Ave
TAPE 3July 3, 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 2, 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 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 3July 1, 2026

36 Units for $5M - Why I Like It

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

This Is Why I Track Every Apartment Sale in Los Angeles.

Broker ActivitySold
1825 N Gramercy Pl
TAPE 3July 1, 2026

Westwood at $445/SF Is a Steal

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
TAPE 3June 30, 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 3June 30, 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 3June 30, 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 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
TAPE 3June 29, 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 3June 28, 2026

The Burton Way Comp Everyone Was Waiting For

8811 Burton Way · Los Angeles · 78 units, 1989

Tony Azzi closed one of the city's most anticipated apartment sales after a highly leveraged owner was forced to exit.

Broker ActivitySold
8811 Burton Way
TAPE 3June 27, 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 3June 25, 2026

Another Tony Azzi Deal Hits the Tape

3346 S Canfield Ave · Los Angeles · 11 units, 1973

An 11-unit RSO building in Cheviot Hills sells at $182K/door and a 6.7% cap

Broker ActivitySold
3346 S Canfield Ave
TAPE 3June 23, 2026

$329/SF Vernon Cold Storage

4401 S Downey Rd · Vernon · 1959

Golden West Food Group sells its Vernon plant in a sale-leaseback, books a strong number.

Broker ActivitySold
4401 S Downey Rd
TAPE 2June 23, 2026

1988 $255K/door

646 N Madison Ave · Los Angeles · 9 units, 1988

A 1988-built, 9-unit in East Hollywood

Broker ActivitySold
646 N Madison Ave
TAPE 2June 23, 2026

1989 Pico-Robertson

901 S Sherbourne Dr · Los Angeles · 17 units, 1989

A 1989 all-2-bed building in Pico-Robertson sells at $389K/door, average unit size 1,350 SF

Broker ActivitySold
901 S Sherbourne Dr
TAPE 3June 23, 2026

Brentwood is Always in Demand

11946 Dorothy St · Brentwood · 10 units, 1970

A 1970-built, 10-unit in Brentwood clears at $4.175M, $425K/door, and a 5.04% cap.

Broker ActivitySold
11946 Dorothy St
TAPE 3June 18, 2026

Another Westside Sale from Taksa

1630 Hilts Ave · Los Angeles · 12 units, 1972

Twelve RSO units in Westwood clear at $441K/door.  $324/SF.

Broker ActivitySold
1630 Hilts Ave
TAPE 3June 18, 2026

29 Units. $192K/Door. West LA

2617-2619 S Sepulveda Blvd · West Los Angeles · 29 units, 1974

Taksa has a huge price reduction

Broker ActivityFor Sale
2617-2619 S Sepulveda Blvd
TAPE 3June 17, 2026

Pico-Robertson $304K/door

1010 S Bedford St · Los Angeles · 12 units, 1963

1963 Built with rents below market.

Broker ActivitySold
1010 S Bedford St