| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 70th | Poor |
| Demographics | 39th | Fair |
| Amenities | 80th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2534 Beverly Blvd, Los Angeles, CA, 90057, US |
| Region / Metro | Los Angeles |
| Year of Construction | 1991 |
| Units | 36 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
2534 Beverly Blvd Los Angeles Multifamily Investment
Amenity-rich urban core location with a deep renter base supports demand durability, according to WDSuite’s CRE market data. Neighborhood occupancy is broadly stable and renter-occupied housing is prevalent, pointing to a sizable tenant pool for sustained leasing.
This Urban Core neighborhood ranks 559 out of 1,441 Los Angeles-Long Beach-Glendale neighborhoods (B rating), indicating competitive fundamentals within the metro. Amenity access is a defining strength: grocery, restaurant, cafe, and pharmacy density score in the upper national percentiles, which typically helps tenant retention and leasing velocity. Parks are limited locally, so outdoor space within the asset or nearby private amenities may carry added weight for renters.
Neighborhood occupancy trends sit modestly above the national median by percentile yet land below the metro median, suggesting steady but competitive leasing conditions. Crucially for multifamily demand, the share of housing units that are renter-occupied is among the highest in the metro (ranked 11 of 1,441), signaling a deep and enduring tenant base rather than owner-occupied turnover dynamics.
The property’s 1991 construction is newer than the neighborhood’s older average vintage, offering relative competitiveness versus surrounding stock; investors should still budget for building systems modernization typical for assets of this age. High home values in the area (upper national percentiles) point to a high-cost ownership market, which tends to sustain reliance on rental housing and can support pricing power. At the same time, rent-to-income ratios indicate some affordability pressure, making lease management and renewal strategies important for retention.
Within a 3-mile radius, households have increased even as population edged down, implying smaller household sizes and more households competing for available units—an investor-positive signal for the renter pool. Incomes have trended higher over the past five years, and asking rents have advanced as well, reinforcing demand. Based on commercial real estate analysis from WDSuite, these dynamics collectively point to resilient renter demand with careful attention to affordability.
Safety indicators compare favorably against national peers, with the neighborhood performing above the U.S. average (higher national percentile indicates safer conditions) and competitive among Los Angeles-Long Beach-Glendale neighborhoods. Recent year-over-year data show notable declines in both property and violent offense rates, placing the improvement trajectory among the stronger national cohorts.
As with any urban-core asset, investors should focus due diligence on property-level security features, lighting, access control, and tenant experience, recognizing that neighborhood metrics are area-wide indicators rather than property-specific guarantees.
Proximity to major employers supports renter demand through commute convenience and a diversified white-collar employment base, including Microsoft, CBRE Group, Reliance Steel & Aluminum, Live Nation Entertainment, and Avery Dennison.
- Microsoft — technology offices (1.7 miles)
- CBRE Group — real estate services (1.8 miles) — HQ
- Reliance Steel & Aluminum — metals & distribution (1.8 miles) — HQ
- Live Nation Entertainment — entertainment (4.5 miles)
- Avery Dennison — materials & manufacturing (6.2 miles) — HQ
2534 Beverly Blvd is a 36-unit asset positioned in an amenity-dense Urban Core location with a renter-heavy housing mix that supports a deep tenant base. Neighborhood occupancy sits around the national median and below the metro median, but strong daily-needs access and proximity to major employers underpin leasing durability. Elevated home values in the area reinforce renter reliance on multifamily housing, while rising incomes help support rent levels. According to multifamily property research from WDSuite, the neighborhood’s NOI per unit performance is near national mid-range, consistent with a steady, workhorse profile rather than a speculative outlier.
Built in 1991, the property is newer than much of the surrounding housing stock, offering a competitive edge versus older buildings and potential to capture demand from renters prioritizing more contemporary construction. Investors should plan for ongoing system upgrades typical for assets of this vintage and manage affordability pressure carefully to sustain retention.
- Amenity-rich Urban Core location supports renter retention and leasing stability.
- High renter-occupied share indicates a deep, durable tenant base.
- 1991 vintage is competitive versus older neighborhood stock, with value-add via modernization.
- Elevated ownership costs reinforce rental demand and pricing power potential.
- Risks: metro-level competitive occupancy, affordability pressure, and limited nearby park access.