| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 84th | Best |
| Demographics | 88th | Best |
| Amenities | 95th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 11771 Montana Ave, Los Angeles, CA, 90049, US |
| Region / Metro | Los Angeles |
| Year of Construction | 2010 |
| Units | 62 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
11771 Montana Ave, Los Angeles Multifamily Opportunity
Positioned in an A+–rated Urban Core pocket of Los Angeles, the asset benefits from deep renter demand and strong neighborhood income fundamentals, according to WDSuite’s CRE market data. The area’s stable occupancy and high-cost ownership landscape support steady leasing and retention dynamics.
Located in Los Angeles’s Urban Core, the neighborhood ranks 10th out of 1,441 metro neighborhoods (A+ rating), signaling strong fundamentals relative to the region. The asset’s 2010 vintage skews newer than the local average (1981), which typically enhances competitiveness against older product while still warranting mid-life system planning over the hold period.
Amenities are a clear strength: the neighborhood sits in the 99th percentile nationally for restaurants and cafés, 97th for grocery access, and 100th for pharmacies. These concentrations support renter convenience and reduce friction in day-to-day living—factors that can aid retention and minimize concessions during softer leasing windows. Average school ratings trend moderate (3.5/5), offering balanced family appeal without defining the demand story.
Renter concentration is high at the neighborhood level (about 71% of housing units renter-occupied), indicating a deep tenant base for multifamily. Occupancy in the neighborhood is around the national midpoint with little movement over five years, suggesting steady—but not overheated—leasing conditions. Elevated home values compared with incomes point to a high-cost ownership market, which tends to reinforce reliance on rental housing and supports pricing power for well-located assets.
Within a 3-mile radius, demographics show smaller average household sizes and a high share of working-age residents. Recent trends show flat-to-slightly negative population change, but forward-looking projections indicate growth in households and incomes, implying a larger renter pool and support for rent levels over time. Based on CRE market data from WDSuite, neighborhood NOI per unit benchmarks rank in the upper tail regionally, consistent with the area’s income profile and amenity depth.
Safety signals are mixed and should be evaluated comparatively. Overall crime performance sits near the national midpoint (slightly better than average nationally), while the neighborhood ranks around the middle of Los Angeles (785 out of 1,441 metro neighborhoods). This suggests a typical urban profile rather than a clear outlier on either end.
By category, property and violent offense rates are less favorable when compared nationwide; however, both categories show notable year-over-year improvement, indicating momentum in the right direction. Investors should weigh these trends alongside block-level due diligence and on-site security and lighting conditions common to urban Los Angeles assets.
Proximity to major corporate employers underpins commuter convenience and helps stabilize leasing, particularly for professional and managerial renters. Key nearby employment nodes include energy, gaming, engineering, healthcare products, and entertainment production.
- Occidental Petroleum — energy (1.5 miles) — HQ
- Activision Blizzard — video games (2.5 miles) — HQ
- AECOM — engineering & infrastructure (3.0 miles) — HQ
- Abbott Laboratories — healthcare products (3.7 miles) — HQ
- Activision Blizzard Studios — entertainment production (4.1 miles)
11771 Montana Ave combines a newer 2010 vintage and large unit formats with a top-ranked Los Angeles neighborhood that exhibits deep renter demand and premium amenities. The area’s renter-occupied share and high-cost ownership market support a durable tenant base, while occupancy trends at roughly the national midpoint point to steady, sustainable leasing rather than volatility. According to WDSuite’s commercial real estate analysis, neighborhood NOI per unit benchmarks trend toward the high end regionally, consistent with the income profile and amenity depth.
For long-term holders, the newer construction relative to the 1980s local average enhances competitive positioning versus older stock, though investors should plan for mid-life system updates over time. Forward-looking 3-mile demographic projections indicate growth in households and rising incomes alongside smaller household sizes—an expansion of the renter pool that supports occupancy stability and rent durability, especially for well-maintained product with strong lifestyle access.
- Newer 2010 vintage versus local 1980s average supports competitive positioning with manageable mid-life CapEx planning
- Deep renter base in a high-cost ownership market underpins pricing power and lease retention
- Amenity-rich, A+ neighborhood with strong income profile supports sustained renter demand
- 3-mile projections show household growth and rising incomes, expanding the tenant pool over time
- Risk: Safety metrics are mixed and occupancy trends sit near the national midpoint—underwrite prudent concessions and operating reserves