09/30/2026
Pricing in the Central Valley is resetting. The comps are showing it in plain sight. Swipe for the breakdown →
About half of the multifamily investment we see here comes from non-local capital. Investors come for two reasons: stronger yields and a lighter regulatory environment than coastal California.
Yield-driven buyers watch their cost of debt closely. That makes our pricing more rate-sensitive than most.
On September 16, the Fed raised rates for the first time since 2023. The 10-year Treasury is pushing 5%. The best multifamily debt quotes we’re seeing sit in the high 6s. Many lenders are at 7% and above.
When debt costs more, buyers pay less:
📍 425 S Maple Ave | 20 units $2,775,000 → last ask $2,600,000, now pending (-6.3%)
📍 1550 W Swift Ave | 18 units $2,595,000 → sold $2,225,000 (-14.3%)
📍 1348 E San Bruno Ave | 15 units $2,299,999 → last ask $1,850,000, now pending (-19.6%)
📍 7089 N Howard St | 5 units $1,250,000 → sold $985,000 (-21.2%)
That’s a 6% to 21% gap between where sellers started and where deals are landing.
Own multifamily in the Valley and weighing a sale? Your starting price matters more now than it has in years.
DM me or call for a clear read on what your property would trade for today.
What are your lenders quoting right now? Drop it in the comments 👇
📞 Jeff Kim | (559) 212-4489 | Lic. 01456017
📧 [email protected]
🌐 www.jkregroup.com