Lee & Assosciates 2025 Q3 LA - San Gabriel Valley CA Multifamily

Market Overview

‍In Q3 2025, the multifamily market in the San Gabriel Valley, CA registered elevated vacancy, reflecting a cycle with more completions than leasing activity. Asking rents were flat or modestly up compared with the prior quarter, while new-unit deliveries remained sizeable enough to keep occupancy under pressure. However, slower construction starts and moderate absorption suggest conditions may start shifting toward balance heading into 2026.

‍About Lee & Associates

‍Lee & Associates is a national, privately owned commercial real-estate advisory firm with offices across North America. Their San Gabriel Valley multifamily market report combines regional supply/demand metrics, rent data and construction statistics to support developers, owners and investors in understanding asset-class positioning and timing decisions. To read the full report, click here.