| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 80th | Good |
| Demographics | 83rd | Best |
| Amenities | 96th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1452 N Poinsettia Pl, Los Angeles, CA, 90046, US |
| Region / Metro | Los Angeles |
| Year of Construction | 1986 |
| Units | 66 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1452 N Poinsettia Pl Los Angeles Multifamily Investment
High renter concentration and a high-cost ownership landscape point to durable tenant demand at the neighborhood level, according to WDSuite’s CRE market data. Pricing power may be tempered by below-median neighborhood occupancy, favoring careful leasing and retention strategies.
Location fundamentals: This Urban Core neighborhood ranks in the top quartile among 1,441 Los Angeles metro neighborhoods (A+ rating), reflecting strong livability and income/demographic fundamentals for multifamily. Amenity density is a clear advantage, with groceries, pharmacies, and restaurants placing the area in very high national percentiles—supporting walkability and day-to-day convenience that helps sustain renter interest.
Renter depth and demand: The share of housing units that are renter-occupied is high (near the top of national comparisons), indicating a deep tenant base and broad demand for multifamily product. However, neighborhood occupancy trends sit below the metro median, suggesting competitive lease-ups and the need for disciplined asset management to maintain stability.
Demographics within a 3-mile radius: Household counts have increased recently and are projected to expand further, even as average household size trends smaller—both signals that typically enlarge the renter pool and support occupancy. Income distributions are skewed toward higher-earning households relative to national benchmarks, and educational attainment is well above national norms, which can reinforce leasing stability for well-positioned assets.
Affordability and home values: Elevated home values (near the top nationally) create a high-cost ownership market that tends to sustain reliance on rentals, supporting tenant retention and longer renter tenures. Median neighborhood rent levels are also high by national standards, so operators should balance rent growth with retention to manage affordability pressure and minimize turnover risk.
Asset positioning: The property’s 1986 vintage is newer than the neighborhood’s average construction year, offering relative competitiveness versus older stock while allowing for targeted modernization to capture premium rent and operating efficiency.
Compared with neighborhoods nationwide, the area scores above average on safety, and recent trend data shows notable year-over-year declines in both property and violent offense rates. Within the Los Angeles metro, conditions are competitive but not top-tier; investors should underwrite routine security and lighting upgrades typical for Urban Core assets while recognizing the improving trajectory.
Interpreting the metrics: national percentile readings are favorable (higher percentiles indicate safer conditions), while metro rank comparisons place the neighborhood above the median but not in the top quartile among 1,441 metro neighborhoods. The directional improvement supports leasing stability without requiring extraordinary operating assumptions.
Proximity to major entertainment and professional services employers underpins renter demand through short commutes and diverse white-collar job bases. Notable nearby employers include Live Nation, Activision Blizzard Studios, Radio Disney, Disney, and AECOM.
- Live Nation Entertainment — entertainment (0.37 miles)
- Activision Blizzard Studios — media & gaming (3.6 miles)
- Radio Disney — media (3.8 miles)
- Disney — media & entertainment (4.3 miles) — HQ
- AECOM — engineering & infrastructure (4.8 miles) — HQ
Positioned in an A+ Urban Core neighborhood with exceptional amenity access and a large renter-occupied housing share, this 66-unit asset benefits from a deep tenant base and strong long-term rental demand. The high-cost ownership market supports tenant reliance on multifamily, while 3-mile demographics point to a growing household count and smaller household sizes—both consistent with a larger renter pool and steady leasing.
Built in 1986, the property is newer than the neighborhood’s average vintage, offering relative competitiveness versus older stock and targeted value-add potential through modernization and efficiency upgrades. According to CRE market data from WDSuite, neighborhood occupancy trends are below the metro median, so underwriting should emphasize retention and asset-level differentiation; nonetheless, improving safety trends and strong employer proximity support long-run fundamentals.
- Deep renter base and high-cost ownership market support demand and lease retention
- 1986 vintage is competitive versus older local stock, with targeted value-add upside
- 3-mile household growth and smaller household sizes point to a larger renter pool
- Walkable amenity density and nearby major employers bolster leasing stability
- Risk: neighborhood occupancy below metro median requires disciplined leasing and retention