Market Report
Santa Monica apartment market report for owners reviewing value, rent control, transfer taxes, and buyer demand.
By Don Favia · Updated July 3, 2026
Direct Answer
Santa Monica remains a scarcity-driven multifamily market, but value still depends on current income, rent control, Measure GS exposure, property condition, documentation, and buyer debt assumptions.
No unverified market-number claims are used here. Current pricing metrics should be pulled from the pricing intelligence system before public launch.
Owners should review value through the rent roll, lawful rent growth, expense pressure, Measure GS planning, and the depth of buyers comfortable with Santa Monica regulation.
This report is structured for verified market data. If current Santa Monica pricing data is unavailable, the public version should say no data available rather than inventing cap rates, GRMs, or price-per-unit figures.