Extra Space Storage
Los Angeles, CA
Executive Summary
CBRE’S Self Storage Advisory Group is retained as exclusive listing advisor for Extra Space Storage - Los Angeles, which consists of 1,648 units distributed across 186,265 net rentable square feet of ground level drive-up and interior non-climate controlled and climate-controlled storage space. The facility area is extremely well-populated and rapidly growing, with a staggering population of 1,086,821 people and 74,258 future residential units in the development pipeline within a 5-mile radius.
Los Angeles remains a cornerstone of economic opportunity, poised for sustained growth driven by infrastructure upgrades, technology investment, and global events. The region’s GDP is projected to exceed $1.3 trillion in 2025, ranking among the top metropolitan economies worldwide, supported by its diverse industry base spanning entertainment, aerospace, healthcare, and logistics. The upcoming 2028 Olympic Games will catalyze billions in infrastructure improvements, including transit expansions and public space revitalization, enhancing connectivity and livability across the metro area. Concurrently, AI-driven investment and digital infrastructure development are reshaping industrial and office markets, with data centers and tech hubs fueling demand for adaptable real estate. Los Angeles’ strategic location, global trade links, and innovation ecosystem position it as a premier market for investors seeking resilience and upside potential through 2026 and beyond.
*Third Party Managed by Extra Space Storage
Investment Highlights
Team
Brokerage Team
CBRE Self Storage Advisory Group provides personalized and tailored services, backed by the nation’s foremost experience and technology, driving successful real estate outcomes for individual and institution investors alike. As the industry leader in self-storage advisory, we bring unmatched buyer exposure and market knowledge to each transaction, delivering maximum value to clients.
With more than $11.4 billion in consideration and over 66.3 million square feet sold since 2009, this self storage team led by Nick Walker offers customized investment sales, acquisition and recapitalization services, together with industry-leading market intelligence, to provide unmatched exposure to buyers across the country. By leveraging the strength of CBRE’s Self Storage Advisory Group, in conjunction with market research, a seamless execution process and long-standing relationships, the team can anticipate trends and command capital globally, validating CBRE’s Self Storage Advisory Group as the safest and best choice for results in the global investment property capital market.
