Los Angeles Apartment Loans
Find the apartment financing information you need and apply for apartment loans of your choosing in Los Angeles
Los Angeles: In the Spotlight
Los Angeles, California is located 384 miles south of Sacramento and is part of the Los Angeles–Long Beach–Anaheim metropolitan statistical area. The population of Los Angeles is just over 3.9 million, making it the most populous city in the state, and the second-most populous city in the entire country. It also covers 2,281 land miles. The city is visited by an estimated 50 million people each year and the greater metropolitan area is home to several tourist attractions such as Madame Tussauds, Universal Studios, and Pacific Park.
- The unemployment rate is high, but dropping slowly, around 10.1%.
- The median household income is $62,142.
- The median age in Los Angeles is 35 years old
- Los Angeles employs over 1.8 million residents.
- Los Angeles has a low vacancy of less than 4.0% across all rental properties
- There has been a marginal rent increase, to $1,577 per month
- The homeownership rate is roughly 37%, which leaves around 63% of residents looking for rental properties.
- Conventional apartment loans
- Fannie Mae apartment financing
- Freddie Mac apartment financing
- FHA/HUD financing
- Mezzanine financing
- CMBS loans
- Bridge loans
- Apartment construction loans
- And more!
Los Angeles Apartment Loan and Multifamily Property Facts
Los Angeles is part of the California market, which has seen some growth after recovering from 2020. Although unemployment is still high and people are still uncertain, the multifamily market is starting to pick up steam. Vacancy rates and new deals are helping spur the market.
Although 2020 was a difficult time in Los Angeles, just as it was everywhere, the city is on the rebound and the market is looking good. With new developments and promising sales on the record, now is a good time to consider an apartment loan in the city.
Los Angeles Apartment Loan and Lending Options
In Los Angeles, California there are several different ways that you can finance your new apartment investment. We work with opportunities like:
Finance Your Los Angeles Apartment Building Now
At Apartment.loans, we can help with all kinds of loans for apartments and commercial real estate in the city of Los Angeles, CA. We work with value-add opportunities, ground-up developments, stabilized properties, and more. We know what it takes to get financed and find the best rates and we can help you get what you need.
The market in Los Angeles is growing by the day and we can help you find the financing that you need before the competition gets too fierce. Whether you are financing your first deal or just looking for your next one, we’ve got you covered.
When you’re ready to talk more or get started on your investment, contact our Los Angeles Apartment Lending Specialists today at hello@apartment.loans or by calling (800) 567-9631.