Matrix Multifamily Los Angeles Report-February 2026

L.A. supply shakes stability

Los Angeles’ advertised asking rents slid 0.3 percent on a T3 basis through December, following continued supply expansion over the past three years. Developers added 11,400 units in 2025 alone. Some stability is in the cards for 2026, however, with deliveries expected to drop to 10,000 units.

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