| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 87th | Best |
| Demographics | 79th | Best |
| Amenities | 79th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 3255 Sawtelle Blvd, Los Angeles, CA, 90066, US |
| Region / Metro | Los Angeles |
| Year of Construction | 2002 |
| Units | 34 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
3255 Sawtelle Blvd Los Angeles Multifamily Opportunity
Positioned in an A‑rated Urban Core pocket with a deep renter base and stable neighborhood occupancy, this asset benefits from strong amenity access and high-cost ownership dynamics, according to WDSuite’s CRE market data. Metrics cited reflect neighborhood conditions, not the property.
The property sits in a Los Angeles Urban Core neighborhood rated A and ranked 102 of 1,441 within the metro—top quartile among metro neighborhoods. For investors, this signals durable demand drivers and competitive positioning relative to other submarkets across Los Angeles-Long Beach-Glendale.
Amenity density is a clear strength. Neighborhood measures are top-tier nationally for daily needs and lifestyle access, including grocery (high national percentile), restaurants, cafes, pharmacies, and childcare. Such proximity typically supports leasing velocity and retention, particularly for professionals prioritizing convenience.
Renter concentration is elevated, with a large share of housing units renter-occupied at the neighborhood level, indicating a deep tenant pool for multifamily assets. Neighborhood occupancy is in the mid‑90s, pointing to steady absorption and fewer prolonged downtimes between turns. Median contract rents and household incomes are both high by national standards, reinforcing the area’s capacity to support professionally managed product while warranting prudent lease management to monitor affordability pressure.
Within a 3‑mile radius, demographics show smaller average household sizes and an increase in household counts alongside strong income profiles, which together suggest a larger tenant base for well-located apartments. Forecasts indicate growth in households and incomes over the next five years, which can underpin rent durability and occupancy stability for quality product.
The asset’s 2002 construction is newer than the neighborhood’s typical vintage from the early 1980s, offering competitive appeal versus older stock. Investors can evaluate light modernization or system updates to further differentiate positioning without the heavier capex often required by pre‑1990 assets.
School ratings in the surrounding area track near the national midpoint, which may be neutral for family-targeted strategies but is counterbalanced by the neighborhood’s amenity access and employment connectivity. Elevated home values in this pocket of Los Angeles reflect a high-cost ownership market, which can sustain reliance on rental housing and support pricing power for well-amenitized units.
Neighborhood safety indicators are comparatively favorable versus national averages, with overall conditions around the 63rd percentile nationally, suggesting a safer profile than many U.S. neighborhoods. Within the Los Angeles-Long Beach-Glendale metro, the crime rank sits above the metro median (ranked 602 of 1,441), indicating competitive positioning among peer neighborhoods.
Trend signals are mixed but improving: neighborhood estimates show notable year‑over‑year declines in both property and violent offenses. Even with these improvements, violent offense measures are closer to the national middle, while property offense sits near the national midpoint, reinforcing a prudent approach to on‑site security, lighting, and access controls typical for urban assets.
Proximity to major corporate offices and headquarters supports renter demand and commute convenience, particularly across technology, engineering, and energy. Nearby employers include Activision Blizzard, AECOM, Occidental Petroleum, Microsoft, and Symantec.
- Activision Blizzard — interactive entertainment HQ (1.4 miles) — HQ
- AECOM — engineering & infrastructure HQ (2.6 miles) — HQ
- Occidental Petroleum — energy HQ (2.7 miles) — HQ
- Microsoft Offices The Reserves — technology offices (3.2 miles)
- Symantec — cybersecurity offices (3.3 miles)
This 34‑unit, early‑2000s multifamily property offers scale in a high‑income, rent‑supported Los Angeles neighborhood with a deep renter base. According to CRE market data from WDSuite, the neighborhood posts mid‑90s occupancy, elevated renter concentration, and strong amenity access—factors that typically support lease‑up, retention, and pricing power for well-managed assets.
The 2002 vintage is newer than the local average and, coupled with larger average unit sizes, can position the asset competitively against older stock while leaving room for targeted renovations to capture premium demand. Within a 3‑mile radius, household counts and incomes are trending upward, reinforcing a larger tenant base and potential rent durability, while elevated ownership costs in the immediate area sustain renter reliance on multifamily housing. Key risks include mixed school ratings and an urban safety profile that, while improving, warrants standard operational controls.
- A‑rated Urban Core location with strong amenity density and renter depth
- Mid‑90s neighborhood occupancy and high‑income tenant base support stability
- 2002 construction and larger average unit sizes offer competitive positioning and value‑add potential
- High-cost ownership market reinforces rental demand and potential pricing power
- Risks: mixed school ratings and urban safety norms require prudent operations