| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 84th | Best |
| Demographics | 73rd | Best |
| Amenities | 97th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1411 Barry Ave, Los Angeles, CA, 90025, US |
| Region / Metro | Los Angeles |
| Year of Construction | 2013 |
| Units | 25 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1411 Barry Ave Los Angeles Multifamily Investment
Investor appeal centers on a deep renter base and proximity to Westside employment, according to WDSuite’s CRE market data.
Located in Los Angeles Long Beach Glendale the neighborhood scores A+ overall and ranks 32 out of 1,441 metro neighborhoods, placing it in the top quartile locally. The property s 2013 vintage is newer than the area s typical 1982 construction year, which helps competitive positioning against older stock while keeping near-term capital planning focused on systems maintenance and selective modernization instead of full repositioning.
Amenities are a core strength: grocery, restaurant, cafe, park, and pharmacy density sit in the high-90s national percentiles, supporting daily convenience and renter livability. While average school ratings in the neighborhood track below national norms, the area s urban-core profile and amenity access remain key draws for adult and professional households.
Renter concentration is high: neighborhood data indicate roughly three-quarters of housing units are renter-occupied, signaling depth in the tenant base and support for leasing velocity. Within a 3-mile radius, tenure remains tilted toward renters, reinforcing steady demand for multifamily product and potential retention advantages for well-operated assets.
Demographic trends within a 3-mile radius point to a larger, higher-income renter pool over the next planning period: forecasts call for population growth alongside a notable increase in households and smaller average household sizes, which typically supports absorption of apartments and occupancy stability. Median household incomes are high for the metro context, and elevated home values in the neighborhood suggest a high-cost ownership market that can sustain reliance on rental housing and pricing power for competitive units.
Neighborhood safety metrics compare favorably: the area is competitive among Los Angeles Long Beach Glendale neighborhoods (ranked 312 of 1,441) and sits in the top quartile nationally based on crime percentile, according to WDSuite s data. Recent trend data indicate sharp year-over-year declines in both property and violent offenses, among the strongest improvements nationwide, which supports resident retention and leasing stability if maintained.
As with any urban-core location, investors should monitor block-level variations and maintain standard security and property management practices to preserve the resident experience over the hold period.
The immediate Westside employment base features energy, video games, engineering, healthcare products, and entertainment production, supporting commute convenience and steady demand for workforce and professional housing.
- Occidental Petroleum energy (1.2 miles) HQ
- Activision Blizzard video games (1.8 miles) HQ
- AECOM engineering & infrastructure (2.5 miles) HQ
- Abbott Laboratories healthcare products (3.5 miles) HQ
- Activision Blizzard Studios film & TV production (3.6 miles)
1411 Barry Ave benefits from a high-renter neighborhood with strong amenity density and proximity to major Westside employers. Based on CRE market data from WDSuite, the neighborhood s NOI per unit benchmarks rank among the strongest nationally, and the 2013 construction year provides a relative edge versus older local stock while still allowing targeted upgrades to drive rent premiums. Elevated home values in the neighborhood context reinforce reliance on multifamily housing, supporting pricing power for competitive assets.
Within a 3-mile radius, forecasts show population growth, a substantial increase in households, and smaller household sizes all signals of a larger tenant base and sustained demand for rental units. Neighborhood renter-occupied share is high, and rent-to-income levels indicate manageable affordability pressure for many households, supporting lease retention with disciplined revenue management. Investors should note that neighborhood occupancy has softened from prior peaks and school ratings trail national averages, warranting attention to marketing, product positioning, and operations.
- Newer 2013 vintage versus local average, reducing near-term capex and enabling focused value-add
- Deep renter base and amenity-rich urban core support demand and retention
- Proximity to major Westside employers underpins leasing stability
- High-cost ownership landscape reinforces multifamily reliance and pricing power
- Risks: softer neighborhood occupancy trend and below-average school ratings require active asset management