| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 66th | Poor |
| Demographics | 79th | Best |
| Amenities | 82nd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1555 Gordon St, Los Angeles, CA, 90028, US |
| Region / Metro | Los Angeles |
| Year of Construction | 2013 |
| Units | 21 |
| Transaction Date | 1998-09-14 |
| Transaction Price | $157,000 |
| Buyer | FRIAS WILLIAM R |
| Seller | MARTIN BARBARA B |
1555 Gordon St, Los Angeles Multifamily Investment
Newer-vintage units in an Urban Core pocket with strong amenity access and a deep renter base suggest durable leasing potential, according to WDSuite s CRE market data.
The property sits in an Urban Core neighborhood rated A- and ranked within the top quartile among 1,441 Los Angeles-Long Beach-Glendale metro neighborhoods, signaling competitive fundamentals at the sub-neighborhood scale. Amenity access is a clear strength: restaurant and pharmacy density rank in the highest national percentiles, and grocery options are plentiful. Limited park acreage nearby may require operators to lean on on-site features and walkable retail for resident lifestyle appeal.
Vintage matters for positioning. Built in 2013 against a neighborhood average construction year of 1970, the asset is materially newer than surrounding stock, which can enhance competitiveness versus older buildings and defer some near-term capital items; planning should still account for mid-life system updates over the next hold.
Renter demand appears deep: the neighborhood shows a high share of housing units that are renter-occupied (top national percentiles), supporting a larger tenant base and consistent leasing velocity for multifamily. At the same time, neighborhood occupancy levels track below national norms, indicating that active marketing and amenities can be important to sustain performance.
Within a 3-mile radius, demographics point to resilience and future absorption. While population trends have been mixed in recent years, WDSuite s data indicate a projected increase in households through 2028 alongside smaller average household sizes factors that typically expand the renter pool and support occupancy stability. Neighborhood NOI per unit trends also sit in the top quartile nationally, aligning with an investable profile when paired with diligent lease management and pricing discipline.
Safety indicators are competitive among Los Angeles-Long Beach-Glendale neighborhoods, with overall crime levels comparing favorably to many peer areas (approximate top third nationally). Violent-offense measures align closer to national medians, while property-offense levels track below national medians but have shown sharp year-over-year declines, according to WDSuite s CRE market data.
As always, investors should underwrite to submarket-level trends rather than block-level assumptions, monitor building security features, and align operating practices with resident expectations for an Urban Core location.
Proximity to major employers in entertainment, technology, and professional services supports renter demand and commute convenience for residents, including Live Nation Entertainment, Radio Disney, Disney, Microsoft, and CBRE Group.
- Live Nation Entertainment entertainment (1.38 miles)
- Radio Disney media (3.88 miles)
- Disney media & entertainment (3.95 miles) HQ
- Microsoft technology offices (5.04 miles)
- CBRE Group real estate services (5.05 miles) HQ
1555 Gordon St offers a 2013-vintage, 21-unit profile with larger floor plans (around 1,150 SF on average) in a high-amenity Urban Core location. The asset s newer construction compared with the neighborhood s 1970 average positions it competitively versus older stock, while a high concentration of renter-occupied housing units in the neighborhood supports a deep tenant base. According to commercial real estate analysis from WDSuite, local NOI-per-unit performance trends in the top national quartiles, but investors should account for softer neighborhood occupancy and manage leasing and retention proactively.
Forward-looking demand is underpinned by projected household growth within a 3-mile radius and the area s employment base across entertainment, technology, and professional services. Underwriting that pairs prudent rent positioning with targeted amenities can capture walkable-lifestyle appeal despite limited nearby park space and elevated rent-to-income dynamics in the neighborhood.
- 2013 vintage and larger floor plans enhance competitive positioning versus older neighborhood stock.
- Deep renter-occupied housing base supports tenant demand and leasing velocity.
- High-amenity Urban Core location near major employers supports retention.
- Projected household growth within 3 miles broadens the renter pool and supports occupancy stability.
- Risks: neighborhood occupancy softness and affordability pressure require disciplined lease management and expense control.