| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 80th | Good |
| Demographics | 83rd | Best |
| Amenities | 96th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1340 N Curson Ave, Los Angeles, CA, 90046, US |
| Region / Metro | Los Angeles |
| Year of Construction | 1987 |
| Units | 27 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1340 N Curson Ave Los Angeles Multifamily Investment
Positioned in an Urban Core neighborhood with deep renter demand, this asset benefits from a high renter-occupied housing share in the surrounding area and elevated ownership costs that help sustain the tenant base, according to WDSuite s CRE market data. Neighborhood occupancy trends sit around the national middle, suggesting steady leasing conditions with room for operational execution.
The property sits in an A+ rated Urban Core neighborhood ranked 38 out of 1,441 within the Los Angeles-Long Beach-Glendale metro op quartile among metro neighborhoods. For investors, this points to durable location fundamentals that can support leasing and retention, even as individual property performance varies.
Lifestyle access is a clear strength: neighborhood amenities score in the upper national percentiles, with restaurants, grocery options, cafes, parks, and pharmacies all testing well above the U.S. median (several in the top decile). Average school ratings are modest but slightly above the national midpoint, which supports broader renter appeal for a range of household types.
Vintage matters: built in 1987 versus a neighborhood average construction year of 1968, the asset is newer than much of the local stock. That relative youth can enhance competitive positioning against older buildings while still warranting selective modernization of systems and finishes for value-add potential.
Tenure patterns are favorable for multifamily demand. The neighborhood s share of renter-occupied housing units is high (around three-quarters), indicating a deep local tenant pool that can underpin leasing velocity and renewal rates. Within a 3-mile radius, demographics show smaller household sizes and a rising household count despite recent population softness; forward-looking projections point to increases in both households and incomes, which supports renter pool expansion and pricing power over time.
Affordability context is mixed but investable. Elevated home values and a high value-to-income ratio create a high-cost ownership market that reinforces reliance on rental housing and can aid retention. At the same time, rent-to-income readings signal some affordability pressure, suggesting nuanced lease management and unit-mix strategy will matter for sustained occupancy and collections.
Neighborhood safety compares favorably at the national level, with overall conditions testing above the U.S. median (higher national percentile indicates comparatively safer areas). Recent trend data show notable year-over-year declines in both property and violent offense estimates, a positive directional signal for renter sentiment and leasing stability. As always, investors should evaluate submarket and property-level patterns over time rather than relying on block-level snapshots.
Proximity to major corporate offices supports a steady professional renter base and commute convenience, with notable employers in entertainment, media, and infrastructure within a short drive: Live Nation Entertainment, Activision Blizzard Studios, AECOM, and Disney.
- Live Nation Entertainment entertainment & live events (0.74 miles)
- Live Nation Entertainment entertainment & live events (2.90 miles) HQ
- Activision Blizzard Studios video games & media (3.23 miles)
- AECOM engineering & infrastructure (4.37 miles) HQ
- Disney media & entertainment (4.56 miles) HQ
This 27-unit asset built in 1987 offers a relatively newer vintage within a high-performing Los Angeles Urban Core neighborhood. Elevated ownership costs and a high share of renter-occupied housing in the area point to a durable renter base, while 3-mile forecasts indicate growth in households and incomes that can support occupancy stability and rent positioning. Based on commercial real estate analysis and CRE market data from WDSuite, the neighborhood s amenity depth and strong income profile compare favorably to national benchmarks, even as occupancy sits nearer the national middle.
Key considerations include moderating neighborhood occupancy over the past five years and signals of renter affordability pressure, which place a premium on asset management, unit finishes, and pricing discipline. The location s corporate employment anchors and strong amenity access help mitigate volatility and support retention, while selective upgrades may unlock value-add upside against older competing stock.
- Newer 1987 vintage versus local stock, with targeted renovations offering value-add potential
- High renter-occupied housing concentration supports a deep tenant base and leasing velocity
- Amenity-rich Urban Core location with strong national percentile standings across groceries, restaurants, and services
- Corporate employment nearby (entertainment, media, infrastructure) underpins demand and retention
- Risks: occupancy near national middle and rent-to-income pressure require disciplined leasing and expense control