| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 72nd | Fair |
| Demographics | 15th | Poor |
| Amenities | 46th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1345 W 105th St, Los Angeles, CA, 90044, US |
| Region / Metro | Los Angeles |
| Year of Construction | 2011 |
| Units | 62 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1345 W 105th St Los Angeles Multifamily Investment
Neighborhood occupancy is solid with a large renter base, pointing to durable leasing fundamentals for a well-maintained 2011 asset, according to WDSuite’s CRE market data. Elevated ownership costs in Los Angeles further support renter demand near 1345 W 105th St.
This Urban Core location in Los Angeles offers day-to-day convenience that supports renter retention. Grocery access is strong (competitive nationally), while restaurants are plentiful; cafes, parks, and pharmacies are sparse by comparison. Investors should view the amenity mix as practical for workforce tenants, with limited lifestyle frills nearby.
Neighborhood occupancy is above national averages and has trended up over the past five years; this refers to the neighborhood, not the property. The share of renter-occupied housing units is very high, indicating a deep tenant pool and potential for stable demand through cycles.
The property’s 2011 construction stands out versus a much older neighborhood housing stock. Newer vintage can reduce near-term capital expenditures and improve competitive positioning versus 1940s-era product, though investors should still underwrite normal system updates over a hold period.
Within a 3-mile radius, recent commercial real estate analysis shows modest population growth with household counts edging higher, and forecasts indicate households may continue to rise even if total population eases—implying smaller household sizes and a broader renter pool. Median household incomes in the immediate area trail metro and national benchmarks, so rent-to-income management and renewal strategy will be important for retention. Elevated for-sale home values relative to incomes in Los Angeles help sustain multifamily demand by keeping more households in the rental market.
Safety indicators for the neighborhood perform below national benchmarks, reflecting higher crime levels than many U.S. neighborhoods. However, according to WDSuite’s data, recent trends show year-over-year declines in both violent and property offenses, which is directionally positive. Investors typically account for this with operational measures and underwriting that emphasize security, lighting, and resident engagement.
Proximity to a diverse employment base supports commuter convenience and renter demand, with nearby roles spanning consumer products, technology, real estate services, and transportation. The employers below represent the closest concentration likely to influence leasing stability.
- Mattel — consumer products HQ (5.5 miles) — HQ
- Southwest Airlines Counter — transportation services (5.9 miles)
- Symantec — cybersecurity offices (6.1 miles)
- Microsoft Offices The Reserves — technology offices (7.6 miles)
- CBRE Group — real estate services (8.0 miles) — HQ
1345 W 105th St is a 62-unit, 2011-vintage asset positioned in a renter-heavy Urban Core submarket of Los Angeles. Neighborhood occupancy has been resilient and the renter-occupied share is high, pointing to depth of demand and potential lease-up stability. Elevated home values relative to local incomes reinforce long-term reliance on rental housing, while the property’s newer construction compared with much of the surrounding housing stock provides competitive differentiation and may temper near-term capital needs.
Within a 3-mile radius, near-term trends show modest population growth alongside rising household counts; forward-looking data suggest households could continue to increase even if total population softens, expanding the renter base. According to CRE market data from WDSuite, affordability pressure is present locally, so pricing and renewals should balance demand with retention objectives.
- Renter-heavy neighborhood supports stable demand and occupancy durability
- 2011 vintage offers competitive positioning versus older local stock
- High-cost ownership market reinforces sustained reliance on rentals
- 3-mile radius points to growing household counts and a broader renter pool
- Risk: affordability pressure and below-average safety warrant conservative underwriting and active asset management