| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 76th | Good |
| Demographics | 65th | Good |
| Amenities | 98th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 235 S Occidental Blvd, Los Angeles, CA, 90057, US |
| Region / Metro | Los Angeles |
| Year of Construction | 1987 |
| Units | 40 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
235 S Occidental Blvd Los Angeles Multifamily Investment
Urban-core renter concentration and abundant amenities support a deep tenant base, according to WDSuite’s CRE market data. Location fundamentals point to steady demand with operational focus needed around pricing and retention.
The property sits in an Urban Core neighborhood rated A and ranked 101 out of 1,441 within the Los Angeles-Long Beach-Glendale metro—firmly top quartile among metro neighborhoods. Amenity access is a standout: cafes, groceries, restaurants, parks, and pharmacies all index near the top of national percentiles, reinforcing day-to-day convenience that supports leasing and retention.
Neighborhood rents are elevated versus many U.S. areas, and home values are characteristic of a high-cost ownership market (nationally high percentile). In practical terms, this sustains reliance on multifamily housing and can support pricing power; however, a rent-to-income ratio near the higher end signals affordability pressure that owners should consider in renewal strategies and unit mix.
Tenure patterns favor rentals: the neighborhood shows a very high share of renter-occupied housing units, indicating a deep pool of prospective tenants and generally resilient multifamily demand. By contrast, neighborhood occupancy has hovered closer to national mid-range in recent years, with a modest softening over the past five years—suggesting that disciplined leasing and amenity-driven differentiation remain important to stabilize performance.
Within a 3-mile radius, recent trends show households growing even as population edged down, implying smaller average household sizes and continued formation of renter households. Forward-looking data indicate additional household growth by 2028, which supports a larger tenant base over time and underpins demand for well-located units in this part of Los Angeles, based on WDSuite’s commercial real estate analysis.
Safety indicators are competitive among Los Angeles neighborhoods (crime rank 410 out of 1,441 metro neighborhoods) and around mid-to-above-average nationally. Recent year-over-year trends show notable improvements in both violent and property offense estimates, a constructive signal for neighborhood stability. As always, investors should evaluate property-specific security measures and recent local trends as part of due diligence.
Proximity to major employers supports a broad commuter tenant base and helps with leasing durability, including roles in commercial real estate services, software, metals distribution, entertainment, and branded materials.
- CBRE Group — commercial real estate services (2.0 miles) — HQ
- Microsoft — software & cloud (2.0 miles)
- Reliance Steel & Aluminum — metals distribution (2.1 miles) — HQ
- Live Nation Entertainment — entertainment (4.2 miles)
- Avery Dennison — labels & materials (6.3 miles) — HQ
235 S Occidental Blvd is a 40-unit, 1987-vintage asset in Los Angeles’ amenity-rich urban core. The neighborhood ranks in the top quartile among 1,441 metro neighborhoods, with nationally strong access to daily needs and services—factors that help support leasing velocity and retention. Renter-occupied share is very high, indicating a deep tenant base, while neighborhood occupancy trends are nearer the national middle and have softened modestly, calling for attentive leasing and asset management. According to CRE market data from WDSuite, NOI-per-unit performance in the surrounding area is competitive versus national benchmarks, which aligns with steady demand in high-cost ownership markets.
With construction in 1987—newer than the area’s average vintage—the asset can position competitively versus older stock, while investors should still budget for system updates and targeted renovations to capture value-add upside. Within a 3-mile radius, households have grown despite a slight population decline and are projected to continue rising by 2028, supporting a larger tenant base for multifamily. Elevated ownership costs reinforce reliance on rentals, though higher rent-to-income ratios warrant careful pricing, renewal strategies, and amenity-driven differentiation.
- Urban-core location with top-quartile metro ranking and exceptional amenity access
- Deep renter pool and high-cost ownership context support durable multifamily demand
- 1987 vintage offers competitive positioning with targeted value-add and system upgrades
- Household growth within 3 miles supports future tenant base and occupancy stability
- Risk: neighborhood occupancy nearer national mid-range with recent softening; manage pricing and retention