| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 69th | Poor |
| Demographics | 71st | Good |
| Amenities | 70th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1520 Yosemite Dr, Los Angeles, CA, 90041, US |
| Region / Metro | Los Angeles |
| Year of Construction | 1986 |
| Units | 53 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1520 Yosemite Dr Los Angeles Multifamily Opportunity
Neighborhood occupancy has been resilient and ownership costs are elevated for the area, supporting sustained renter demand according to WDSuite’s CRE market data. The thesis centers on stable leasing fundamentals in a high-cost ownership market rather than outsized rent growth.
This Los Angeles address sits in an Urban Core location that ranks in the top quartile among 1,441 metro neighborhoods (A- rating), reflecting solid overall livability for workforce and professional renters. Grocery, park, and pharmacy access score in high national percentiles, while cafes are sparser, suggesting daily needs are well covered even if third-space density is more limited.
At the neighborhood level, occupancy trends are above the metro median and track in the upper national percentiles, indicating steady leasing conditions for multifamily. The renter-occupied housing share is 35.8%, signaling a meaningful tenant base without being saturated, which can help support demand depth and retention. Median contract rents in the area have risen over the last five years, but rent-to-income levels remain manageable for many higher-earning households, which can aid pricing power without overextending retention risk.
Within a 3-mile radius, households have increased modestly even as population edged lower, with projections calling for a notable increase in household counts and smaller average household sizes over the next five years. For investors, that shift points to a larger pool of renting households and supports occupancy stability and lease-up predictability. Higher median incomes and a growing share of upper-income households further reinforce the depth of qualified renters.
Ownership is a high-cost proposition here relative to incomes (with home values and value-to-income near the top of national ranges), which tends to keep multifamily competitive and can bolster lease retention. Average public school ratings are around the 70th national percentile, and neighborhood amenities test above national medians, adding to renter appeal for a range of household types.
Vintage and competitive positioning: The property was built in 1986, materially newer than the neighborhood’s average vintage (1933). That relative youth can be a competitive edge versus older stock, though investors should still plan for modernization of systems, common areas, and curb appeal to meet current renter expectations.
Safety indicators for the neighborhood compare favorably in a national context, with overall crime and both violent and property offense estimates tracking in the top quartile nationally. Recent year-over-year estimates suggest a sharp decline in both violent and property offenses, which, if sustained, would be supportive of renter retention and leasing stability. As always, conditions can vary within small areas, so investors should pair this directional view with on-the-ground diligence and metro benchmarks.
Proximity to major corporate offices underpins commuter convenience and renter demand, drawing from regional employment nodes in technology, media, and corporate services. Nearby employers include Avery Dennison, Microsoft, Reliance Steel & Aluminum, CBRE Group, and Disney.
- Avery Dennison — materials & labeling (3.7 miles) — HQ
- Microsoft — software & cloud (6.3 miles)
- Reliance Steel & Aluminum — metals distribution (6.3 miles) — HQ
- CBRE Group — real estate services (6.4 miles) — HQ
- Disney — media & entertainment (7.4 miles) — HQ
1520 Yosemite Dr presents an income-focused thesis grounded in durable neighborhood fundamentals. Based on CRE market data from WDSuite, the surrounding area shows above-median metro occupancy and nationally competitive safety indicators, while the ownership market remains high-cost relative to incomes—conditions that typically sustain multifamily demand and lease retention. Within a 3-mile radius, household counts are rising and forecast to expand further even as average household size declines, pointing to a larger renter pool and continued depth of qualified tenants.
Constructed in 1986, the asset is materially newer than much of the local housing stock, offering a relative advantage versus older competitors. Investors can pursue selective renovations and system updates to enhance positioning, while leveraging proximity to established employment nodes to support occupancy stability. Key risks include localized population softness and competition from quality product elsewhere in Los Angeles, reinforcing the need for disciplined capex and active lease management.
- Above-median neighborhood occupancy and nationally competitive safety support stable leasing
- High-cost ownership market reinforces renter reliance and potential retention
- 1986 vintage offers competitive edge versus older stock with value-add potential
- 3-mile household growth and smaller household sizes expand the renter pool
- Risks: modest population softness and competitive LA supply require disciplined capex and leasing