| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 80th | Good |
| Demographics | 76th | Best |
| Amenities | 97th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 3756 S Delmas Ter, Los Angeles, CA, 90034, US |
| Region / Metro | Los Angeles |
| Year of Construction | 1976 |
| Units | 24 |
| Transaction Date | 1997-01-09 |
| Transaction Price | $1,250,000 |
| Buyer | 3760 DELMAS TERRACE PARTNERS LP |
| Seller | GOLDWYN SAMUEL |
3756 S Delmas Ter Los Angeles Multifamily Investment
Strong renter demand supported by a high-cost ownership market and dense amenities in an Urban Core setting, based on commercial real estate analysis from WDSuite s CRE market data.
Positioned in Los Angeles s Urban Core, the neighborhood ranks 47th out of 1,441 metro neighborhoods, placing it in the top quartile locally for overall performance. Amenity access is a clear strength cafes, groceries, restaurants, parks, and pharmacies all sit at very high national percentiles, supporting resident convenience and lease retention.
The renter-occupied share is elevated (renter concentration close to four out of five units), indicating depth in the tenant base and durable multifamily demand. Median home values are also elevated relative to national norms, which tends to reinforce reliance on rental housing and supports pricing power for well-positioned assets.
Construction across the neighborhood skews early-1970s on average. With a 1976 vintage, this asset is slightly newer than local norms, which can aid competitive positioning versus older stock; investors should still plan for targeted modernization of systems and interiors to meet current renter expectations.
Within a 3-mile radius, recent trends show a modest dip in population alongside essentially flat household counts, suggesting smaller household sizes. Forecasts through 2028 point to meaningful growth in households and incomes with a gradual shift toward higher-earning segments, expanding the renter pool and supporting occupancy stability. According to WDSuite s CRE market data, neighborhood NOI per unit trends are above national norms, aligning with the area s strong amenity base.
Two watchpoints for underwriting: neighborhood occupancy has softened versus five years ago, and average school ratings trail national averages. Both factors warrant conservative lease-up and renewal assumptions even as the location s amenity density and renter depth remain favorable.
Neighborhood safety compares favorably to many areas nationwide, with overall crime levels sitting above the national median for safety. Recent year-over-year trends show significant decreases in both property and violent offenses, according to WDSuite s CRE market data. While conditions can vary block to block, the broader trajectory supports stable operations and resident retention planning.
Nearby corporate offices create a diverse white-collar employment base that supports renter demand and short commute patterns for residents. Featured employers include AECOM, Symantec, Activision Blizzard Studios, Activision Blizzard, and Live Nation Entertainment.
- AECOM engineering & infrastructure (2.6 miles) HQ
- Symantec software & cybersecurity (2.6 miles)
- Activision Blizzard Studios media & entertainment (2.9 miles)
- Activision Blizzard interactive entertainment (3.1 miles) HQ
- Live Nation Entertainment live events & entertainment (3.4 miles) HQ
This 24-unit, 1976-vintage asset is positioned in a top-quartile Los Angeles Urban Core neighborhood with exceptional amenity density and a deep renter pool. Elevated home values in the area reinforce rental demand, while the property s slightly newer-than-average vintage offers a competitive edge versus older local stock, with room for targeted upgrades to enhance tenant appeal.
According to CRE market data from WDSuite, neighborhood fundamentals show strong amenity access and above-national NOI per unit trends, balanced by softer neighborhood occupancy and below-average school ratings. Within a 3-mile radius, projections indicate household growth and income gains through 2028, pointing to a larger tenant base and support for rent levels under disciplined lease management.
- Urban Core location with top-tier amenity access supporting retention and leasing velocity
- Deep renter concentration and high-cost ownership market reinforce multifamily demand
- 1976 vintage is slightly newer than area norms; value in selective renovations and system updates
- 3-mile outlook points to expanding, higher-income renter pool supporting long-term cash flow
- Risks: softer neighborhood occupancy trend and modest school ratings warrant conservative underwriting