Kenny Stevens Team

Kenny Stevens Team Compass Beverly Hills | Kenny Stevens | DRE # 01090251
With 24 years of experience and over 650 successfully closed transactions, we will get the job done.

In LA multifamily, location is not just the neighborhood.It can change block by block.For apartment owners in parts of H...
08/20/2026

In LA multifamily, location is not just the neighborhood.

It can change block by block.

For apartment owners in parts of Hollywood, East Hollywood, Echo Park, Silver Lake, and nearby areas, the recent change to certain anti-camping restrictions is worth understanding.

This does not repeal 41.18 citywide, and homelessness should never be reduced to a real estate issue.

But local policy can affect how a property is experienced day to day.

The building may not change.

The rent roll may not change.

But the immediate surroundings can influence tenant perception, buyer reaction, and how the property feels in real life.

Swipe through for the affected areas and owner takeaway.

3 properties. 23 units. $4.125M.101 N. Kenmore was the final piece of the owners’ 90004 portfolio sale.This was not just...
08/11/2026

3 properties. 23 units. $4.125M.

101 N. Kenmore was the final piece of the owners’ 90004 portfolio sale.

This was not just about finding a buyer.

The property had the realities of a property built in the 1920’s: deferred maintenance, future interior needs, and work still required after closing.

That was the challenge on this one.

Swipe through for the story behind the sale.

101 N. Kenmore Ave.
Los Angeles, CA 90004
-
Kenny Stevens & Max Berger
DRE: 01090251 & 02054048
Compass Beverly Hills

Celebrating Harrison in the place this family loves most.Happy birthday, buddy. 🎂🥳Couldn’t be prouder of the person you’...
08/05/2026

Celebrating Harrison in the place this family loves most.

Happy birthday, buddy. 🎂🥳

Couldn’t be prouder of the person you’re becoming.

California’s statewide rent cap for covered LA Metro properties is now 8.7%.But not every building in LA gets 8.7%.The a...
08/04/2026

California’s statewide rent cap for covered LA Metro properties is now 8.7%.

But not every building in LA gets 8.7%.

The answer to “how much can I raise rents?” is not always as simple as one statewide number.

Depending on the city, year built, unit type, local rules, and exemptions, a building may be subject to a lower cap.

Before serving an increase, make sure you know which rule actually applies to your building.

Swipe through for a quick guide to 2026 rent increase rules across LA.

larealestate

436 Normandie just sold in 90004 after generating 4 offers.For the sellers, this was not just another closing.It was the...
07/31/2026

436 Normandie just sold in 90004 after generating 4 offers.

For the sellers, this was not just another closing.

It was the second step in their transition out of a long-held Mid-City multifamily portfolio.

The property had larger floor plans, in-place income, recent system work, and a value-add path. But the immediate location still needed to be understood block by block.

That is one of the realities of LA multifamily.

A property can sit near strong amenities and improving commercial pockets, while still requiring the right buyer to understand the street, the block, and the day-to-day feel of the area.

436 Normandie closed for $1,270,000 after 57 days on market.

Swipe through for the story behind the sale.

Same building. Higher income. Higher NOI. Lower asking price.KST sold the 8-unit Los Feliz property in 2022 for $3.6M.To...
07/30/2026

Same building. Higher income. Higher NOI. Lower asking price.

KST sold the 8-unit Los Feliz property in 2022 for $3.6M.

Today, the same building is listed at $3.225M.

The current asking price is approx. 10% below the 2022 sale. But this is not just a lower-price story.

The current listing also shows stronger income and NOI than the numbers used at the time of our 2022 sale.

That is the underwriting shift owners should be watching.

A few years ago, buyers were paying more aggressively for future upside and rent growth. Today, they are being more careful about debt, insurance, day-one yield, operating risk, and what it actually costs to capture that upside.

This is still an active listing, so the final number may look different.

But as a same-building market case study, it says a lot.

Scroll through for the breakdown.

4707 Beverly just sold near Larchmont Village. 9 units. $1,515,000. 7 offers generated.The activity was there, but activ...
07/21/2026

4707 Beverly just sold near Larchmont Village. 9 units. $1,515,000. 7 offers generated.

The activity was there, but activity was not the hard part.

The real work was getting buyers comfortable with the full picture. Below-market rents, long-term tenancy, renovation work at turnover, and the time it would take to capture the upside.

That is where pricing mattered.

After 66 days on market, we helped bring the right buyer and seller together and get the sale across the finish line.

Swipe through for the story behind the sale.

4707 Beverly Blvd.
Los Angeles, CA 90004
-
Sold by Kenny Stevens & Max Berger
Seller & Buyer Rep.
DRE: 01090251 & 02085048
Compass Beverly Hills

4650 York just sold in Eagle Rock. This was not an easy one... 😮‍💨Like many deals in today’s market, the path to closing...
07/14/2026

4650 York just sold in Eagle Rock. This was not an easy one... 😮‍💨

Like many deals in today’s market, the path to closing was not simple.

The property had real strengths: 12 large 2-bdrm. units, strong current metrics, a large lot, and an Eagle Rock location near Occidental College.

The challenge was finding the right buyer for the full picture.

The building needed work. The site had complexity. And in this market, that means the buyer has to understand more than just the numbers.

The buyer needed the capital, experience, and conviction to see the deal through.

That was the key on this one.

After staying in touch with the seller since 2024, we were able to help bring the right buyer to the table and get the sale across the finish line.

Swipe through for the story behind the sale.

A good day usually involves a course, a court, or the beach.
07/10/2026

A good day usually involves a course, a court, or the beach.

In a selective market, ex*****on matters more.⁣⁣That has been one of the clearest takeaways from the first half of 2026....
07/10/2026

In a selective market, ex*****on matters more.⁣
⁣
That has been one of the clearest takeaways from the first half of 2026.⁣
⁣
Buyers are still active, but they are underwriting with more discipline.⁣
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The easy assumptions from a few years ago are not doing as much work anymore.⁣
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The deals that moved this year had to make sense in today’s market.⁣
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Not yesterday’s market.⁣
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Not the market sellers wish we were still in.⁣
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Today’s market.⁣
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That means sharper pricing, clearer positioning, and a buyer story that can hold up once people get into the numbers.⁣
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Scroll through for a look at some of the sales we have closed so far this year.⁣
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9454 Wilshire Boulevard
Beverly Hills, CA
90212

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