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 about 469 square miles of land. 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 median household income is $62,142.
- The median age in Los Angeles is 35 years old
- Los Angeles employs over 1.8 million residents.
How Lenders Underwrite Apartments in Los Angeles
In the City of Los Angeles, a building's age decides which rent rules apply. The Rent Stabilization Ordinance (RSO) generally covers units in buildings whose first certificate of occupancy was issued on or before October 1, 1978. A city ordinance adopted in 2026 ties annual RSO increases to 90% of the change in CPI, with a 1% floor and a 4% ceiling, and removed the extra increases once allowed for owner-paid gas and electric service. Many newer buildings fall under the state cap in AB 1482 (2019) instead, unless they are less than 15 years old.
An RSO building is underwritten on in-place rents growing at the formula rate. When a tenant moves out voluntarily, the unit can be re-let at market, so a lender looks at the gap between in-place and market rents and at the building's actual turnover history rather than assuming units will roll.
Measure ULA (2022) adds a city transfer tax on top of the existing city and county transfer taxes. For sales closing after June 30, 2026, it is 4% on sales above $5.4 million and below $10.9 million, and 5.5% on sales of $10.9 million or more, applied to the full price.
- Exit math: ULA comes off projected sale proceeds, which matters when a bridge loan is repaid by a sale.
- Property tax: Proposition 13 resets the assessment on a sale, so taxes are re-underwritten on the purchase price.
- Budgets: RSO relocation payments, which now rise each year with CPI, belong in any plan that requires no-fault move-outs.
Stabilized RSO buildings often fit Fannie Mae or Freddie Mac loans sized on current rents. Statewide rules are on the California apartment loans page.
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:
- 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!
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.
Whether you are financing your first deal or your next one, we can help you find the right loan for a Los Angeles apartment building.
When you’re ready to talk more or get started on your investment, contact our Los Angeles Apartment Lending Specialists today at desk@janover.co or by calling (561) 556-9997.