| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 80th | Good |
| Demographics | 76th | Best |
| Amenities | 97th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 3736 Jasmine Ave, Los Angeles, CA, 90034, US |
| Region / Metro | Los Angeles |
| Year of Construction | 1983 |
| Units | 36 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
3736 Jasmine Ave Los Angeles Multifamily Investment
Positioned in an amenity-rich Urban Core pocket of Los Angeles with a deep renter base, this asset benefits from strong neighborhood incomes and a high-cost ownership market, according to WDSuite’s CRE market data. Investors should focus on renter demand durability and leasing execution given metro-level occupancy dynamics.
The surrounding neighborhood rates A+ and ranks 47 out of 1,441 Los Angeles-Long Beach-Glendale metro neighborhoods, reflecting top-tier local fundamentals. Amenity access is a standout: the area sits in the top quartile nationally across dining, groceries, pharmacies, parks, and childcare, supporting daily convenience and renter appeal. Cafes, restaurants, and grocers are particularly dense compared with national averages, reinforcing walkable lifestyle drivers that typically aid leasing velocity.
Rents in the neighborhood benchmark in the top quartile nationally while household incomes are above national medians, signaling capacity to support quality product. The owner-occupied landscape skews expensive by national standards, and home values trend in the upper percentiles nationally. For multifamily, that high-cost ownership market tends to sustain rental demand and supports pricing power when units are well-positioned.
Tenure patterns indicate a high share of renter-occupied housing units within the neighborhood, pointing to a sizable tenant base and generally deeper demand for multifamily product. At the same time, neighborhood occupancy is below national mid-range levels, which suggests investors should emphasize unit differentiation, professional management, and renewal strategies to stabilize performance relative to the metro.
The property’s 1983 vintage is newer than the neighborhood’s average construction year (1972), offering a relative competitive edge versus older stock. Investors should still plan for modernization of aging systems and targeted renovations to capture rent premiums in a market where renters have strong incomes and abundant amenity choices. Within a 3-mile radius, demographics show a smaller average household size and a modest near-term population dip historically, with projections indicating future population and household growth — a setup that can expand the renter pool and support occupancy over a longer horizon.
Neighborhood safety trends compare favorably at the metro and national levels. The area ranks 425 out of 1,441 Los Angeles-Long Beach-Glendale neighborhoods for overall crime, which is above the metro median, and sits around the upper third nationally. Recent year-over-year estimates indicate notable declines in both violent and property offense rates, a constructive signal for tenant retention and property operations over time.
Nationally, the neighborhood aligns closer to the safer side of the spectrum (upper percentiles), while property offenses sit near the national midpoint. For investors, the directional improvement matters: better safety trends typically reduce turnover risk and support consistent leasing, though ongoing monitoring at the submarket level remains prudent.
Proximity to major corporate offices supports a strong commuter tenant base and reinforces retention for workforce and professional renters. Nearby employers include Symantec, AECOM, Activision Blizzard, Occidental Petroleum, and Live Nation Entertainment.
- Symantec — technology (2.5 miles)
- AECOM — engineering & infrastructure (2.6 miles) — HQ
- Activision Blizzard — interactive entertainment (2.9 miles) — HQ
- Occidental Petroleum — energy (3.4 miles) — HQ
- Live Nation Entertainment — media & entertainment (3.5 miles) — HQ
3736 Jasmine Ave combines Urban Core convenience with high renter concentration and strong neighborhood incomes, supporting durable demand for well-managed units. The 1983 construction is newer than the area’s average vintage, suggesting competitive positioning versus older stock; selective capital upgrades should target modernization and differentiation to enhance rent-achieving power. According to CRE market data from WDSuite, neighborhood occupancy trends run below national mid-range levels, so execution around leasing, renewals, and asset quality will be key to capturing the area’s premium amenity access.
Investment upside is underpinned by a high-cost ownership market that tends to reinforce reliance on rental housing, a sizable pool of renter-occupied units, and forecast growth in population and households within 3 miles—factors that can expand the tenant base and support occupancy stability over time. Balanced against this, varying school quality and metro-wide competition place a premium on upgrades, management, and pricing discipline.
- Urban Core location with top-tier amenity access and strong household incomes supports sustained renter demand
- 1983 vintage offers relative edge versus older stock, with value-add potential through targeted modernization
- High-cost ownership market reinforces rental reliance, aiding pricing power and lease retention
- 3-mile forecasts indicate population and household growth, expanding the renter pool over time
- Risk: neighborhood occupancy below national mid-range; execution on leasing and renewals is critical