| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 80th | Good |
| Demographics | 76th | Best |
| Amenities | 97th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 3717 Bagley Ave, Los Angeles, CA, 90034, US |
| Region / Metro | Los Angeles |
| Year of Construction | 1972 |
| Units | 45 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
3717 Bagley Ave Los Angeles Multifamily Investment
Strong renter demand and high local incomes support stable leasing fundamentals, according to WDSuite’s CRE market data. Neighborhood occupancy trends have softened, but the area’s deep renter base and amenity density provide a durable demand backdrop.
This Urban Core neighborhood ranks competitive among Los Angeles-Long Beach-Glendale neighborhoods (47 of 1,441), signaling strong location fundamentals for multifamily. Amenity access is a clear strength, with cafes, groceries, restaurants, parks, and pharmacies placing in the top quartile nationally, which helps sustain day-to-day convenience and leasing appeal.
Renter-occupied housing is a defining feature at the neighborhood level, with a high renter concentration that supports a large and active tenant base. Median contract rents sit on the higher end for the metro, while the rent-to-income ratio trends below national norms—conditions that can support retention and measured pricing power when managed thoughtfully.
Within a 3-mile radius, demographics show a modest decline in population over the last five years alongside a slight increase in household counts—an indicator of smaller household sizes and continued demand for rental options. Looking ahead, WDSuite’s CRE market data points to forecast growth in both population and households within this radius, which would expand the local renter pool and support occupancy stability.
At the same time, neighborhood occupancy has trended lower than the national median in recent years, warranting careful lease management and competitive positioning. School ratings in the area average below national midpoints; investors should consider this in unit mix and marketing strategy. Elevated home values relative to incomes characterize a high-cost ownership market in which many households rely on multifamily housing, a dynamic that typically supports lease retention.
Safety metrics are mixed but generally favorable in a national context. Overall crime performance is above the U.S. median (around the 73rd percentile nationally), while violent offense indicators sit closer to the national middle. Notably, both violent and property offense rates have improved meaningfully over the past year, with declines among the stronger improvements observed nationally, according to WDSuite’s CRE market data.
Within the metro context, the neighborhood’s crime rank sits better than many Los Angeles-Long Beach-Glendale areas (425 out of 1,441), though investors should evaluate micro-location dynamics and property-level safeguards as part of standard underwriting.
Proximity to major corporate offices supports a strong professional renter base and convenient commutes, which can aid leasing velocity and retention. Key nearby employers include AECOM, Symantec, Activision Blizzard Studios, Activision Blizzard, and Live Nation Entertainment.
- AECOM — engineering & infrastructure (2.47 miles) — HQ
- Symantec — software & cybersecurity (2.73 miles)
- Activision Blizzard Studios — media & entertainment (2.79 miles)
- Activision Blizzard — video games (3.25 miles) — HQ
- Live Nation Entertainment — live entertainment (3.25 miles) — HQ
The asset benefits from a high renter concentration at the neighborhood level, elevated household incomes, and top-tier amenity access—factors that underpin demand depth and leasing durability. Although neighborhood occupancy has softened relative to national medians, the combination of a large renter pool and proximity to major employers positions the property to compete effectively with thoughtful pricing and operations.
Home values are among the higher levels nationally, reinforcing renter reliance on multifamily housing, while rent-to-income trends remain manageable. According to CRE market data from WDSuite, these conditions align with above-average income potential per unit in the area and support a steady long-term outlook when paired with disciplined expense control.
- High neighborhood renter concentration supports a deep tenant base and leasing stability
- Strong amenity density and access to major employers bolster demand and retention
- Elevated ownership costs in the area sustain multifamily demand and pricing power
- Income levels and manageable rent-to-income trends support long-term NOI performance
- Risks: occupancy softness versus national medians and below-average school ratings require proactive leasing and marketing