| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 79th | Good |
| Demographics | 62nd | Good |
| Amenities | 89th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 10811 Ashton Ave, Los Angeles, CA, 90024, US |
| Region / Metro | Los Angeles |
| Year of Construction | 1986 |
| Units | 64 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
10811 Ashton Ave Los Angeles Multifamily Investment
High-cost homeownership and a deep renter base in this Los Angeles urban core submarket support durable multifamily demand, according to CRE market data from WDSuite. Neighborhood occupancy metrics are measured at the neighborhood level and suggest leasing strategy and asset positioning will be important for stability.
The property s Urban Core setting ranks 118 out of 1,441 Los Angeles metro neighborhoods (top quartile among 1,441 metro neighborhoods), indicating strong location fundamentals for multifamily. Amenity access is a clear strength: neighborhood measures sit in the high national percentiles for restaurants, cafes, groceries, and pharmacies, supporting renter convenience and leasing appeal without relying on destination commutes.
Built in 1986, the asset is newer than the neighborhood s average vintage (1976). For investors, this typically means competitive positioning versus older stock while planning for system updates and selective renovations that can enhance rentability and reduce near- to mid-term capital risk.
At the neighborhood level, the share of housing units that are renter-occupied is elevated (near the upper deciles for the metro), signaling depth in the tenant base and supporting absorption for professionally managed multifamily. Median contract rents are among the higher tiers locally, and home values sit in the top national percentiles, which tends to sustain reliance on rental housing and can aid pricing power for well-amenitized properties.
Demographic statistics aggregated within a 3-mile radius point to a stable-to-expanding renter pool over the next five years: projections indicate an increase in households alongside smaller average household sizes, which typically supports leasing velocity for studios and one-bedrooms as well as steady turnover that can be managed with disciplined renewal strategies. Rising household incomes in the same radius further underpin capacity to support rent levels for quality assets.
Neighborhood occupancy (distinct from tenure) trends read softer than national leaders, suggesting that proactive leasing, product differentiation, and unit-level upgrades can be effective levers for maintaining occupancy stability in line with submarket peers.
Neighborhood safety indicators are mixed but improving. Overall crime conditions track above the metro median (ranked better than the midpoint among 1,441 Los Angeles neighborhoods) and around the 60th national percentile, while property-related offenses benchmark weaker (around the lower national percentiles). Importantly, recent year-over-year trends show meaningful declines in both violent and property offense rates, indicating a positive trajectory rather than a static snapshot.
Investors should interpret these figures as neighborhood-level context for resident sentiment and retention rather than as block-level risk. Continued improvement would support leasing stability; conversely, if trends were to reverse, it could modestly influence marketing costs and renewal strategies.
The immediate area benefits from nearby corporate employment anchors that support renter demand and retention through short commutes, including Occidental Petroleum, AECOM, Activision Blizzard Studios, Live Nation Entertainment, and Activision Blizzard.
- Occidental Petroleum — energy (0.21 miles) — HQ
- AECOM — engineering & infrastructure (1.33 miles) — HQ
- Activision Blizzard Studios — media & entertainment (2.38 miles)
- Live Nation Entertainment — entertainment (2.61 miles) — HQ
- Activision Blizzard — interactive gaming (2.79 miles) — HQ
10811 Ashton Ave offers investors a 64-unit, 1986-vintage asset in a top-quartile Los Angeles Urban Core neighborhood that combines strong amenity density with a high share of renter-occupied housing units. Elevated home values at the neighborhood level point to a high-cost ownership market, which typically reinforces multifamily demand and supports pricing power for well-positioned communities. Based on CRE market data from WDSuite, neighborhood occupancy reads softer than national leaders, favoring owners who execute on product differentiation, targeted upgrades, and disciplined leasing to maintain stability.
Within a 3-mile radius, projections show an increase in households alongside smaller average household sizes and rising incomes—factors that generally expand the renter pool and support lease-up and renewal performance. The 1986 construction provides relative competitiveness versus older stock while still warranting capital planning for building systems and modernizations that can unlock value-add upside.
- Top-quartile metro location with strong amenity access supporting leasing appeal
- High renter-occupied share and elevated home values reinforce rental demand depth
- 1986 vintage offers competitive positioning with targeted value-add potential
- 3-mile projections indicate household growth and income gains supporting absorption
- Risks: softer neighborhood occupancy and rent-to-income pressures require active lease management