| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 87th | Best |
| Demographics | 96th | Best |
| Amenities | 46th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 12427 W Jefferson Blvd, Los Angeles, CA, 90066, US |
| Region / Metro | Los Angeles |
| Year of Construction | 1987 |
| Units | 38 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
12427 W Jefferson Blvd Los Angeles Multifamily Value-Add
Positioned in a high-income, renter-driven Westside neighborhood, the asset benefits from deep tenant demand and a high-cost ownership market, according to WDSuite’s CRE market data. Neighborhood occupancy trends and renter concentration point to stable leasing with selective pricing power for well-managed properties.
The property sits in an Urban Core pocket of Los Angeles rated 0A 0 at the neighborhood level and ranked 182 out of 1,441 metro neighborhoods 0—competitive among Los Angeles-Long Beach-Glendale submarkets and in the metro 0top quartile 0 by overall standing. Parks access is a local strength (96th percentile nationally), and restaurant density is comparatively strong (82nd percentile), while childcare coverage is exceptional (100th percentile). By contrast, neighborhood grocery, pharmacy, and cafe counts are limited within the immediate boundaries, so residents often rely on nearby corridors for daily needs.
For investors, renter demand appears durable: the neighborhood 0renter-occupied share 0is elevated at roughly two-thirds of housing units (96th percentile nationally), which supports a deeper tenant base. Neighborhood median household income ranks in the upper tiers (89th percentile nationally), and a high value-to-income ratio (99th percentile) signals a high-cost ownership market that tends to sustain multifamily reliance and lease retention. Median contract rents benchmark near the top of U.S. neighborhoods (99th percentile), but a rent-to-income ratio near 0.27 suggests headroom is largely tied to quality and management rather than broad affordability pressure.
Within a 3-mile radius, WDSuite data indicate steady 0population growth 0(+1.5% over five years) and a larger 0household base 0(+6.0%), with forecasts pointing to continued increases in households through 2028. Household sizes have trended smaller, which can favor one- and two-bedroom layouts 0—aligned with the property 0average unit size of about 732 square feet 0and supporting lease-up consistency for right-sized product.
Two dynamics warrant attention. First, the neighborhood 0occupancy rate 0is reported at 84.1% (26th percentile nationally); while this is a neighborhood-level metric (not the property), it implies leasing can be more competitive without thoughtful positioning. Second, the submarket 0vintage skews newer (average 1996 construction) than the subject 01987 build 0—an indicator of potential value-add and capital planning needs to remain competitive against later-vintage supply.
Neighborhood safety compares favorably in the regional context. The area 0ranks 195 out of 1,441 Los Angeles-Long Beach-Glendale neighborhoods 0on crime (lower rank indicates less crime in this framework) and sits in roughly the 082nd percentile nationally 0for safety, a positive signal for renter appeal and retention.
Recent trend signals are also constructive at the neighborhood level: estimated 0property offenses declined sharply year over year 0, and 0violent offenses showed a pronounced decrease 0. While crime can vary block-to-block and over time, these comparative and directional indicators suggest improving conditions relative to both the metro and the nation, based on WDSuite 0CRE market data.
The location is adjacent to a strong Westside employment base supporting commuter convenience and multifamily demand, notably in technology, entertainment, and corporate services. Nearby employers include Microsoft, Symantec, Southwest Airlines, Activision Blizzard, and Mattel.
- Microsoft Offices The Reserves 0— technology offices (0.96 miles)
- Symantec 0— cybersecurity offices (1.33 miles)
- Southwest Airlines Counter 0— airline operations (2.37 miles)
- Activision Blizzard 0— video game publisher (3.61 miles) 0— HQ
- Mattel 0— consumer products & entertainment (4.31 miles) 0— HQ
12427 W Jefferson Blvd offers a manageable 38-unit scale with 1987 construction in a high-income, renter-heavy Los Angeles neighborhood. The combination of an elevated renter-occupied share, deep white-collar employment nearby, and nationally high ownership costs supports a stable tenant base and steady leasing. Based on commercial real estate analysis from WDSuite, neighborhood rents benchmark near the top nationally, while rent-to-income levels indicate that performance hinges on asset quality and operations rather than broad affordability pressure alone.
The asset is older than the local average vintage (1996), pointing to value-add and capital planning to compete with newer stock. Within a 3-mile radius, population and households have grown and are forecast to expand further, which should enlarge the renter pool and support occupancy stability over time. Investors should underwrite to the neighborhood’s softer occupancy reading at the area level and plan amenities and finishes that speak to high-income renters who prioritize convenience and quality.
- Renter-driven submarket with high-income households supports demand depth and retention
- 1987 vintage presents value-add and CapEx angles versus newer local competition
- Proximity to major tech and entertainment employers underpins leasing and renewal potential
- Neighborhood rents rank high nationally; pricing power tied to asset quality and management
- Risk: neighborhood-level occupancy trails national benchmarks, requiring focused leasing strategy