| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 87th | Best |
| Demographics | 79th | Best |
| Amenities | 79th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 11300 Exposition Blvd, Los Angeles, CA, 90064, US |
| Region / Metro | Los Angeles |
| Year of Construction | 1998 |
| Units | 55 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
11300 Exposition Blvd Los Angeles Multifamily Investment
Positioned in an Urban Core pocket with steady renter demand and a neighborhood occupancy of 94.9%, this 55-unit asset offers scale and relative vintage advantage for long-term holds, according to WDSuite’s CRE market data.
The property sits in a competitive area of the Los Angeles-Long Beach-Glendale metro (neighborhood rank 102 out of 1,441; neighborhood rating: A), where renter demand benefits from strong local fundamentals and a renter-occupied share of housing units near 64% in the neighborhood. Compared with the metro’s older stock (average construction year 1981), a 1998-vintage, mid-size building can position well versus aging comparables while still warranting periodic system updates over the hold.
Neighborhood occupancy is 94.9% and has edged up over the last five years, supporting income stability. Within a 3-mile radius, households were roughly flat in recent years but are projected to grow, implying a larger tenant base and support for leasing velocity. Median contract rents in the neighborhood have risen over the past five years while the rent-to-income ratio sits around 24%, a level that can help with lease retention and pricing power when managed carefully.
Daily needs are well served: grocery, dining, and pharmacy densities score in the upper national percentiles (e.g., restaurants and grocery stores are high relative to U.S. norms), and amenities overall rank in the top quartile nationally. Average school ratings in the neighborhood are around the national midpoint, which can be acceptable for a broad renter profile. Limited park access in the immediate neighborhood is a consideration for family-oriented demand but is often offset by proximity to jobs and services in this Urban Core setting.
Home values in the neighborhood are elevated (top national percentiles) relative to incomes, characterizing a high-cost ownership market. For multifamily investors, this context typically sustains renter reliance on apartments and can bolster renewal retention, especially as household incomes have trended upward locally, based on CRE market data from WDSuite.
Safety patterns are mixed but improving. The neighborhood’s crime profile sits roughly middle-of-the-pack among 1,441 metro neighborhoods, while it performs better than average nationally (around the 63rd percentile). According to WDSuite’s CRE market data, the most recent year showed notable declines in both property and violent offense rates, suggesting positive momentum; investors should still underwrite to submarket norms and monitor trend durability.
Nearby corporate headquarters and offices in gaming, energy, engineering, and entertainment anchor a large professional workforce and support renter demand through short commutes to Activision Blizzard, Occidental Petroleum, AECOM, Activision Blizzard Studios, and Abbott Laboratories.
- Activision Blizzard — gaming & media (1.3 miles) — HQ
- Occidental Petroleum — energy (1.8 miles) — HQ
- AECOM — engineering & infrastructure (2.1 miles) — HQ
- Activision Blizzard Studios — media production (3.2 miles)
- Abbott Laboratories — healthcare products (3.5 miles) — HQ
11300 Exposition Blvd is a 55-unit, 1998-vintage asset in an Urban Core neighborhood that is competitive within the Los Angeles-Long Beach-Glendale metro. The property benefits from a high neighborhood renter concentration and a 94.9% neighborhood occupancy rate, supporting income stability. Elevated local home values point to a high-cost ownership market that typically reinforces rental demand, while dense amenities and proximity to major employers aid retention. According to CRE market data from WDSuite, recent safety trends have improved year over year, which, if sustained, would be supportive for long-term leasing.
Forward-looking indicators within a 3-mile radius point to growth in households and rising incomes, implying a larger and higher-earning tenant base over the medium term. Given its newer-than-neighborhood-average vintage, the property can compete well against older stock, though investors should plan for ongoing modernization and prudent affordability management as rents continue to trend upward locally.
- Neighborhood occupancy near 95% supports income durability and leasing stability
- High-cost ownership market reinforces reliance on multifamily rentals and renewal potential
- Proximity to multiple corporate HQs and offices underpins steady renter demand
- 1998 vintage offers competitive positioning versus older neighborhood stock with manageable CapEx planning
- Risks: limited park access, mixed but improving safety metrics, and potential affordability pressure as rents rise