| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 75th | Fair |
| Demographics | 70th | Good |
| Amenities | 60th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 3323 Cazador St, Los Angeles, CA, 90065, US |
| Region / Metro | Los Angeles |
| Year of Construction | 1972 |
| Units | 25 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
3323 Cazador St Los Angeles Multifamily Investment
In a high-cost ownership pocket of Los Angeles, neighborhood fundamentals point to durable renter demand and above-average occupancy stability, according to WDSuite’s CRE market data. Neighborhood metrics reflect the area, not this property’s operations.
Located in an Inner Suburb setting within the Los Angeles-Long Beach-Glendale metro, the neighborhood rates A- and ranks 352 of 1,441 metro neighborhoods, indicating competitive positioning among Los Angeles submarkets for multifamily. Neighborhood occupancy trends sit in the upper tier nationally, while locally they are closer to the metro middle, suggesting steady but not overheated leasing conditions that support retention-focused strategies.
Amenity access skews practical: grocery and restaurant density sit around the 90th percentile nationally, and parks are similarly strong, supporting day-to-day convenience and lifestyle appeal for renters. By contrast, cafes and pharmacies are relatively sparse nearby, so daily needs are met more through groceries and dining than boutique retail.
Ownership costs in the neighborhood are elevated (home values near the top percentiles nationally), which tends to reinforce reliance on multifamily rentals and supports pricing power and lease retention rather than rapid homeownership move-outs. At the same time, the rent-to-income ratio benchmarks on the lower side locally, signaling more manageable rent burdens that can aid renewal rates and reduce turnover risk from affordability pressure.
Within a 3-mile radius, demographics point to a large renter base (about two-thirds of housing units are renter-occupied) and rising household counts even as population trends flatten, implying smaller household sizes and continued depth of the tenant pool. Educational attainment is in the upper percentiles nationally, aligning with demand for well-managed, professionally operated assets.
Relative safety indicators are favorable in a metro and national context. The neighborhood’s safety profile sits in the upper percentiles nationwide, and it compares well within the Los Angeles metro (competitive among 1,441 neighborhoods), supporting resident retention and leasing stability without making block-level claims.
Recent trend data show notable year-over-year declines in both property and violent offense rates, and current estimated rates benchmark better than the national average. As always, investors should validate micro-location patterns over multiple years, but the directional movement is a constructive tailwind for multifamily operations.
Proximity to corporate offices provides a diversified white-collar employment base that supports renter demand and commute convenience, notably across materials, technology, real estate services, and media. The employers below are representative of the nearby demand drivers.
- Avery Dennison — materials & packaging (3.8 miles) — HQ
- Microsoft — technology offices (3.9 miles)
- Reliance Steel & Aluminum — metals & distribution (4.0 miles) — HQ
- CBRE Group — commercial real estate services (4.0 miles) — HQ
- Disney — media & entertainment (6.4 miles) — HQ
3323 Cazador St offers a 1972 vintage that is newer than the neighborhood’s older housing stock, providing relative competitiveness versus pre-1960s assets while leaving room for targeted modernization of systems and interiors. Elevated ownership costs in the surrounding neighborhood sustain renter reliance on multifamily, and neighborhood rents benchmark in the upper quartile nationally; together with solid amenity access and proximity to anchor employers, these dynamics underpin durable demand and renewal potential, based on CRE market data from WDSuite.
Within a 3-mile radius, household counts have been rising even as population growth is flat to modestly negative, indicating smaller household sizes and a stable-to-expanding renter pool. A high share of renter-occupied housing supports depth of demand, while locally manageable rent-to-income levels can aid retention and occupancy stability relative to higher-burden submarkets.
- 1972 construction offers a competitive edge versus older neighborhood stock, with selective value-add and system upgrades as upside.
- High-cost ownership market supports sustained rental demand and pricing power without over-reliance on in-migration.
- Household growth within 3 miles and a large renter-occupied share indicate a deep tenant base supporting occupancy stability.
- Proximity to major employers (materials, tech, CRE services, media) supports leasing velocity and renewal prospects.
- Risks: localized population softness and limited boutique retail nearby; plan for targeted capex to maintain competitive positioning.