| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 78th | Good |
| Demographics | 53rd | Fair |
| Amenities | 81st | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 210 N Avenue 55, Los Angeles, CA, 90042, US |
| Region / Metro | Los Angeles |
| Year of Construction | 1991 |
| Units | 44 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
210 N Avenue 55, Los Angeles — Urban Core Multifamily
Neighborhood metrics indicate stable occupancy and a deep renter base, according to WDSuite’s CRE market data, supporting durable cash flow potential in Los Angeles’ urban core.
Located in Los Angeles’ Urban Core, the property sits in a neighborhood rated A- (ranked 317 among 1,441 metro neighborhoods), indicating competitive fundamentals within the metro. Amenity access is a local strength, with groceries, restaurants, and pharmacies placing in the top national percentiles; this density typically supports leasing velocity and retention.
The 1991 vintage is newer than the area’s older housing stock (average construction year 1954). For investors, that can mean relatively competitive positioning versus legacy assets, while still planning for targeted modernization and systems updates to sustain rentability.
Renter demand is reinforced by a high neighborhood renter-occupied share (75.8%) and occupancy near the upper range locally. This suggests depth in the tenant base and supports occupancy stability through cycles, though effective leasing and renewal management remain important.
Within a 3-mile radius, recent trends show slight population contraction alongside rising household counts and smaller household sizes. For multifamily, this points to a gradually expanding renter pool and continued need for professionally managed apartments, a view supported by commercial real estate analysis from WDSuite’s dataset.
Elevated home values in the neighborhood and a high value-to-income ratio indicate a high-cost ownership market. This environment often sustains rental demand and can support pricing power, while mindful rent-to-income management (neighborhood estimate around the mid-20% range) helps mitigate retention risk.
Safety indicators present a mixed but improving picture. The neighborhood ranks 253 out of 1,441 in the Los Angeles-Long Beach-Glendale metro (lower ranks indicate more crime relative to the metro), yet it sits around the 80th percentile for safety nationwide, signaling comparatively stronger conditions versus many U.S. neighborhoods.
Recent trends are notable: both property and violent offense estimates show substantial year-over-year declines locally. For investors, the directional improvement reduces downside risk if sustained, though prudent asset and tenant-security practices remain advisable.
Proximity to diverse corporate employers underpins renter demand by shortening commutes and broadening the white-collar tenant base. Key nearby employers include Avery Dennison, Microsoft, Reliance Steel & Aluminum, CBRE Group, and Edison International.
- Avery Dennison — materials manufacturing (4.7 miles) — HQ
- Microsoft — technology offices (5.1 miles)
- Reliance Steel & Aluminum — metals & distribution (5.1 miles) — HQ
- CBRE Group — commercial real estate services (5.2 miles) — HQ
- Edison International — utilities & energy (7.7 miles) — HQ
This 44-unit, 1991-vintage asset benefits from a high-renter neighborhood, strong amenity density, and occupancy levels that compare favorably within the metro. Elevated ownership costs in the area support sustained reliance on rental housing, aiding lease-up and renewal durability. According to CRE market data from WDSuite, neighborhood fundamentals align with stable demand, while the property’s newer-than-area vintage provides a platform for targeted value-add to enhance competitiveness.
Within a 3-mile radius, household counts are rising even as population eases, implying smaller household sizes and a larger renter pool over time. Pairing this with proximity to major employers supports diversified tenant demand and potential resilience through cycles. Key risks to underwrite include block-level crime variability and ensuring affordability management to maintain retention.
- Competitive Urban Core location with top-tier amenity access supporting leasing and renewal strength
- 1991 construction offers relative advantage versus older stock with targeted modernization upside
- High renter concentration and favorable occupancy support stable cash flow potential
- Employer proximity broadens white-collar tenant base and supports demand continuity
- Risks: crime varies by corridor; maintain rent-to-income discipline to support retention