Los Angeles multifamily landlords and tenants are girding for yet another blow on the heels of January’s historically destructive fires that tore through a city still recovering from the pandemic. The latest challenge for the city’s apartment industry comes in the form of a budget shortfall, projected to be up to $118M, that could force the local […]
By Richard BergerApril 8, 2025 The property traded at one of the area’s highest per-unit prices in more than three years. The BW, which traded Los Angeles highest per-unit sale price in more than three years. *Photo courtesy of Institutional Property Advisors Institutional Property Advisors has arranged the $58.1 million sale of The BW, a 78-unit apartment […]
Los Angeles real estate developer reveals why building apartments in LA is so challenging in 2024. Ari Kahan, who has developed over 100 properties with California Landmark Group, shares insider knowledge about LA apartment development, real estate investing, and why housing prices continue to rise in Los Angeles.
Woodland Hills site could yield 126 townhomes…or 578 apartments June 04, 2024, 10:30AM Steven Sharp In October 2023, California Landmark Group filed an application with the City of Los Angeles to build small lot homes on a large commercial property on Ventura Boulevard in Woodland Hills. More than seven months later, citing shifting land use regulations and changing […]
Ken Kahan founded West Los Angeles-based multifamily development firm California Landmark Group in 1988. Since then, the company has developed more than 3 million square feet of residential and commercial real estate, primarily on the Westside. But now California Landmark Group has found itself venturing into new markets, categorized by a generalized push east with an appetite for further expansion. The company’s latest development is M1, […]
California Landmark Group (CLG) has finished work on the 100-unit M1byCLG (M1), the largest multifamily development in Los Angeles’ Silver Lake submarket since 2015. M1 represents California Landmark’s entry into one of Los Angeles’s most trendy neighborhoods, known for its eclectic mix of boutique shops and artisan restaurants. Despite its popularity, Silver Lake suffers from […]
A 120-unit apartment complex in the historic neighborhood of Lafayette Park sold for $43.3 million. The three-story, 91,000-square-foot building, dubbed LP by CLG and located on a 43,000-square-foot lot at 349 S. La Fayette Place, was purchased by Housing Authority of the City of Los Angeles with the intent of promoting and advancing workforce and affordable housing […]
In a notable multifamily trade in Los Angeles, a three-story, 120-unit apartment community in the city’s historic La Fayette Park neighborhood sold for $43.44 mil, or $362k/unit. The property, consisting of a 91k sf building on a 43k sf lot, was acquired by the Housing Authority of the City of Los Angeles (HACLA). The seller […]
California Landmark Group has unloaded a three-story, 120-unit apartment property in South Los Angeles for $43.4 million, or $362,000 per unit. The Housing Authority of the City of Los Angeles (HACLA) acquired the 90,983-square-foot building on a 43,000-square-foot lot at 349 South La Fayette Place. HACLA said it will restrict 90 of the units to families earning at or below […]
California Landmark Group sells complex for $362K per unit A Los Angeles housing agency has paid $43.4 million to buy a 120-unit apartment complex in South L.A. The Housing Authority of the City of Los Angeles purchased the three-story building at 349 South La Fayette Place, in Rampart Village, the Commercial Observer reported. The seller was California Landmark […]
