| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 73rd | Fair |
| Demographics | 47th | Fair |
| Amenities | 94th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 4020 Buckingham Rd, Los Angeles, CA, 90008, US |
| Region / Metro | Los Angeles |
| Year of Construction | 2013 |
| Units | 70 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
4020 Buckingham Rd Los Angeles Multifamily Investment
2013 construction in an Urban Core neighborhood with a deep renter base suggests durable leasing, according to WDSuite’s CRE market data, with location-driven amenities supporting resident retention at the neighborhood level.
The property sits in an Urban Core pocket of Los Angeles-Long Beach-Glendale that ranks competitive among metro neighborhoods for overall livability (A-; rank 237 of 1,441). Strong neighborhood amenities — including dining, grocery, and daily services — place the area in the top quartile among 1,441 metro neighborhoods and in the high national percentiles for access, supporting convenience-driven renter demand.
Neighborhood occupancy trends are modestly above the national median, which supports income stability for multifamily assets. Renter-occupied housing is prevalent at the neighborhood level, indicating a sizable tenant base and consistent apartment demand for larger properties like a 70-unit asset.
Within a 3-mile radius, demographic data show a large, diverse population and expectations for household growth alongside smaller average household sizes over the next five years. That combination typically expands the renter pool and supports steady absorption, particularly for well-located mid-rise and garden assets.
Ownership costs in this part of Los Angeles are elevated relative to national norms, which tends to reinforce reliance on rental housing and can aid pricing power and lease retention for competitive product. Amenity access is a local strength (neighborhood amenities rank 85 of 1,441; national amenity percentile 94), enhancing day-to-day livability for residents and bolstering long-term demand.
Safety patterns should be viewed in a comparative, neighborhood-level context. Recent indicators point to improvement momentum, with year-over-year declines in both property and violent offenses that rank among the stronger improvements nationally. Overall, the area tracks around or slightly better than national mid-range benchmarks, though sub-neighborhood variation is common in large urban cores.
For investors, the takeaway is balanced: trends are moving in a positive direction, yet prudent operations — lighting, access control, and resident engagement — remain important for retention and leasing stability in a dense Los Angeles location.
Proximity to major employers in technology, entertainment, and professional services supports a broad commuter tenant base and helps sustain leasing velocity for workforce and market-rate units. The list below highlights nearby corporate offices and headquarters that anchor regional employment.
- Symantec — cybersecurity/software (3.2 miles)
- Activision Blizzard Studios — entertainment & gaming (5.0 miles)
- Live Nation Entertainment — entertainment — HQ (5.3 miles)
- AECOM — engineering & infrastructure — HQ (5.3 miles)
- Microsoft Offices The Reserves — technology (5.5 miles)
Built in 2013, the asset is newer than the surrounding neighborhood’s older housing stock, positioning it competitively on finishes, systems, and curb appeal while still allowing room for targeted modernization over time. Based on CRE market data from WDSuite, the neighborhood’s occupancy sits modestly above the national median and the renter-occupied share is high, pointing to durable multifamily demand in an amenity-rich Urban Core location.
Within a 3-mile radius, forecasts point to an increase in households and smaller average household sizes, which typically expands the renter pool and supports occupancy stability. Elevated ownership costs in this Los Angeles submarket reinforce reliance on multifamily housing, aiding lease retention and pricing power for competitive assets, though investors should manage affordability pressure and monitor school quality and micro-level safety variation as part of underwriting.
- 2013 vintage offers competitive positioning versus older local stock with targeted value-add potential
- Neighborhood occupancy modestly above national median supports income stability
- Strong amenity access and nearby employers underpin renter demand and retention
- High-cost ownership market supports pricing power for well-managed multifamily
- Risks: affordability pressure, below-average school ratings, and block-level safety variation