| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 71st | Poor |
| Demographics | 34th | Poor |
| Amenities | 96th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1425 S Mariposa Ave, Los Angeles, CA, 90006, US |
| Region / Metro | Los Angeles |
| Year of Construction | 1994 |
| Units | 28 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1425 S Mariposa Ave Los Angeles Multifamily
Positioned in an Urban Core pocket with deep renter demand and high-cost ownership dynamics, this asset benefits from a large tenant base and strong amenity access, according to WDSuite s CRE market data.
The property sits in Los Angeles s Urban Core, where neighborhood-level amenities rank competitively among 1,441 metro neighborhoods. Caf e9 and restaurant density place the area in the top tier locally and top quartile nationally, supporting day-to-day convenience and walk-to-work options that help leasing and retention. Grocery and pharmacy access also test near the top of national comparisons, reinforcing livability drivers that matter to renters.
Neighborhood housing stock skews older (average vintage 1955), while this property s 1994 construction stands newer than typical nearby assets a relative competitive point for operations and positioning. At the neighborhood level, occupancy measures are below the metro median, which suggests operators should prioritize leasing consistency and asset-level differentiation to sustain performance through cycles.
Renter-occupied housing is a dominant tenure pattern at the neighborhood scale (high renter concentration), indicating a broad multifamily demand base and ongoing depth for workforce and market-rate product. Elevated home values in this part of Los Angeles signal a high-cost ownership market, which tends to sustain reliance on rentals and can support pricing power for well-run assets without overextending renewal risk.
Within a 3-mile radius, demographics indicate slight population contraction over the last five years alongside an increase in total households pointing to smaller household sizes and a larger count of renting households in-market. Forward-looking figures show additional household growth and rising incomes, which together imply a larger tenant base and support for rent levels over time, based on CRE market data from WDSuite.
Safety indicators for the immediate neighborhood compare favorably within the Los Angeles-Long Beach-Glendale, CA metro, with the area ranking competitive among 1,441 neighborhoods and landing above the metro median on several measures. Nationally, the neighborhood trends in the upper half for safety, which is constructive for renter appeal and leasing stability.
Recent year-over-year estimates point to notable declines in both property and violent offense rates at the neighborhood scale. While block-level conditions vary and diligence is warranted, the directional improvement contributes to a more stable operating backdrop relative to prior periods.
Proximity to major employers supports renter demand through short commutes and diversified job anchors, including CBRE Group, Microsoft, Reliance Steel & Aluminum, Live Nation Entertainment, and AECOM.
- CBRE Group corporate offices (2.6 miles) HQ
- Microsoft corporate offices (2.7 miles)
- Reliance Steel & Aluminum corporate offices (2.8 miles) HQ
- Live Nation Entertainment corporate offices (6.1 miles) HQ
- AECOM corporate offices (6.8 miles) HQ
Built in 1994 with 28 units averaging roughly 1,227 square feet, the asset is newer than the neighborhood s predominantly mid-century stock, offering a competitive edge versus older comparables while leaving room for targeted modernization as systems age. At the neighborhood scale, elevated home values and a high renter-occupied share point to durable multifamily demand, though operators should manage affordability pressure to protect renewals. According to CRE market data from WDSuite, neighborhood occupancy trends are softer than the metro median, making asset-level leasing execution and amenity positioning important to stabilize cash flow.
Within a 3-mile radius, recent history shows a modest population dip alongside an increase in households, and forward projections call for continued household growth with higher incomes signals of a broadening tenant base that can support rents over time. Amenity density is a clear strength, enhancing resident satisfaction and supporting retention in an Urban Core location with strong connectivity to major employment nodes.
- Newer 1994 vintage versus local average, supporting competitive positioning with selective value-add potential
- High renter concentration and elevated ownership costs reinforce depth of demand for multifamily
- 3-mile household growth and income gains expand the tenant base and support rent levels
- Risk: neighborhood occupancy runs below metro median; prioritize leasing execution and retention to mitigate softness