| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 79th | Good |
| Demographics | 68th | Good |
| Amenities | 82nd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 3828 Ingraham St, Los Angeles, CA, 90005, US |
| Region / Metro | Los Angeles |
| Year of Construction | 1972 |
| Units | 76 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
3828 Ingraham St Los Angeles Multifamily Investment
High renter concentration and dense urban amenities support durable leasing fundamentals in this Urban Core location, according to WDSuite’s CRE market data. Expect steady demand drivers from proximity and convenience rather than greenfield growth.
Located in Los Angeles’ Urban Core, the neighborhood scores an A and ranks 180 out of 1,441 metro neighborhoods — competitive among Los Angeles-Long Beach-Glendale neighborhoods. Amenity access is a clear strength: restaurants and cafes are in the top tier nationally, with grocery and pharmacy density also well above national norms, supporting convenience that helps tenant retention.
The area’s housing context favors multifamily demand. The neighborhood’s renter-occupied share is high at 77.5%, indicating a deep tenant base, and within a 3-mile radius renter-occupied housing is the majority, reinforcing leasing depth for workforce and professional renters. Median home values are elevated relative to incomes (a value-to-income ratio in the top percentile nationally), which tends to sustain reliance on rental housing and can support pricing power and lease-up consistency for well-positioned assets.
Occupancy at the neighborhood level sits around the national middle based on WDSuite data, while average NOI per unit trends above national medians (top quartile nationally for the neighborhood), suggesting income performance has been favorable across comparable stock. Average school ratings trail national averages, which may modestly soften appeal for family renters, but the strong amenity grid and commute access typically anchor demand for smaller households and young professionals.
Vintage dynamics matter for underwriting. The neighborhood’s average construction year is 1978; with a 1972 build, the property is slightly older than nearby stock, highlighting the importance of capital planning. Thoughtful renovations and system upgrades can enhance relative competitiveness versus newer inventory and help capture demand generated by the dense service and dining ecosystem.
Neighborhood safety compares favorably in context: the area ranks 363 out of 1,441 metro neighborhoods for crime, and sits in the 76th percentile nationally — indicating safer conditions than many peer urban districts. Recent WDSuite data also shows sharp year-over-year improvements in both violent and property offense rates, among the strongest improvements nationally, which supports a more stable operating environment for multifamily assets.
Nearby corporate offices provide a diversified white-collar employment base that supports renter demand and retention, particularly for professionals seeking short commutes. Key employers include CBRE Group, Microsoft, Reliance Steel & Aluminum, Live Nation Entertainment, and Activision Blizzard Studios.
- CBRE Group — real estate services (3.3 miles) — HQ
- Microsoft — technology offices (3.4 miles)
- Reliance Steel & Aluminum — metals & distribution (3.4 miles) — HQ
- Live Nation Entertainment — entertainment & media (5.2 miles) — HQ
- Activision Blizzard Studios — gaming & media (5.2 miles)
3828 Ingraham St is a 76-unit, 1972-vintage asset positioned in an amenity-rich Urban Core pocket where renter demand is reinforced by high renter-occupied shares and elevated ownership costs. Based on CRE market data from WDSuite, the neighborhood posts above-average amenity access and income performance indicators, while occupancy trends are near national norms — a combination that supports stable tenancy with room to outperform via targeted upgrades.
Within a 3-mile radius, households have increased even as population has softened, pointing to smaller household sizes and a larger pool of renters seeking well-located units. Elevated home values relative to incomes reinforce reliance on multifamily, and the property’s slightly older vintage versus nearby stock underscores value-add and capital planning opportunities to sharpen competitiveness and capture pricing power.
- Dense amenity grid and high renter concentration support durable leasing demand
- Occupancy around national norms with neighborhood NOI per unit trending top quartile nationally
- Elevated ownership costs in the area sustain renter reliance and pricing power
- 1972 vintage offers value-add potential through renovations and systems upgrades
- Risks: below-average school ratings and average occupancy require active asset management and targeted tenant positioning