| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 87th | Best |
| Demographics | 79th | Best |
| Amenities | 79th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 11418 W National Blvd, Los Angeles, CA, 90064, US |
| Region / Metro | Los Angeles |
| Year of Construction | 1986 |
| Units | 66 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
11418 W National Blvd Los Angeles Multifamily Investment
Renter demand is reinforced by a high renter-occupied housing share in the surrounding neighborhood and stable occupancy, according to WDSuite’s CRE market data. With elevated ownership costs nearby, the asset is positioned to capture households favoring professionally managed rentals.
Positioned in Los Angeles’ Urban Core, the neighborhood ranks 102 out of 1,441 metro neighborhoods (A-rated), placing it in the top decile locally for overall fundamentals. Amenity access is a relative strength — grocery, dining, cafes, childcare, and pharmacies score in the top quartile nationally — supporting day-to-day convenience and renter retention. School ratings trend near the national midpoint, which may favor young professionals and downsizing households over families seeking top-tier K–12 options.
Neighborhood occupancy is strong and sits in the higher tiers nationally, with modest positive movement over five years, indicating durable leasing conditions. The share of renter-occupied housing units is high for the area, signaling depth in the tenant base and steady demand for multifamily product. Median contract rents in the neighborhood are elevated versus national norms, while rent-to-income dynamics suggest manageable affordability pressure relative to local incomes — a mix that can sustain lease stability when managed thoughtfully.
Within a 3-mile radius, recent demographic data show a slight population dip alongside a small increase in households, implying smaller household sizes and diversified renter segments. Forward-looking projections indicate population growth and a notable increase in households by the mid-term, expanding the renter pool and supporting occupancy stability. Income levels in the 3-mile catchment are comparatively high and rising, aligning with the area’s ability to support professionally managed apartments.
Home values in the neighborhood rank near the top nationally, creating a high-cost ownership market that tends to reinforce reliance on rental housing and supports pricing power for competitive assets. While immediate park access is limited, the urban amenity mix and proximity to major employment nodes help underpin renter appeal and leasing velocity.
Neighborhood safety metrics are competitive among Los Angeles neighborhoods (ranked 602 out of 1,441) and sit above the national average overall (63rd percentile). Violent-offense indicators are below the national median, but both violent and property offense rates have improved year over year, with declines that outpace many areas nationally. For investors, the directional trend is favorable, though ongoing monitoring and standard property-level security measures remain prudent.
The location benefits from proximity to major employers that draw professional tenants and support leasing stability, including Activision Blizzard, Occidental Petroleum, AECOM, Abbott Laboratories, and Microsoft offices.
- Activision Blizzard — video games (1.1 miles) — HQ
- Occidental Petroleum — energy (2.4 miles) — HQ
- AECOM — engineering & infrastructure (2.5 miles) — HQ
- Abbott Laboratories — healthcare & medical devices (3.4 miles) — HQ
- Microsoft Offices The Reserves — technology offices (3.4 miles)
This 66-unit asset built in 1986 is slightly newer than the neighborhood’s average vintage, offering competitive positioning versus older local stock while still presenting selective value-add potential through modernization of interiors and building systems. High neighborhood renter concentration and above-national occupancy reinforce demand depth, while elevated home values in the area support retention and pricing power for well-operated properties.
Proximity to multiple white-collar employment centers broadens the tenant base, and near-term household growth within a 3-mile radius points to a larger pool of prospective renters. According to CRE market data from WDSuite, the neighborhood’s amenity profile performs in the top quartile nationally, complementing an income profile capable of supporting professionally managed multifamily housing. Primary risks include mixed school ratings and variable safety indicators, though recent crime trends are improving.
- 1986 vintage offers competitive positioning with targeted value-add upside
- High renter-occupied share and strong occupancy support demand stability
- Elevated home values locally reinforce reliance on rentals and retention
- Access to major employers expands the professional tenant base
- Risks: average school ratings and variable safety metrics, though trends are improving