| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 77th | Good |
| Demographics | 56th | Good |
| Amenities | 83rd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 4101 Oakwood Ave, Los Angeles, CA, 90004, US |
| Region / Metro | Los Angeles |
| Year of Construction | 1972 |
| Units | 24 |
| Transaction Date | 2003-04-22 |
| Transaction Price | $2,175,000 |
| Buyer | KINGSLEY PROPERTY LP |
| Seller | 4101 OAKWOOD LLC |
4101 Oakwood Ave Los Angeles Multifamily Investment
This 24-unit property sits in an urban core neighborhood with 86.7% rental occupancy and strong renter demand fundamentals. According to CRE market data from WDSuite, the area ranks in the top quartile nationally for amenity access and restaurant density.
The property sits in an urban core neighborhood that ranks 283rd among 1,441 metro neighborhoods, achieving an A- rating with strong fundamentals for multifamily investors. The area demonstrates exceptional amenity density, ranking in the top quartile nationally with 151 restaurants per square mile and 14.7 grocery stores per square mile. This concentration supports tenant retention through walkable access to daily needs and dining options.
Rental demand remains robust with 86.7% of housing units renter-occupied, ranking 15th among metro neighborhoods and placing in the 100th national percentile. The neighborhood maintains a 90.5% occupancy rate, though this trails the metro median. Demographics within a 3-mile radius show a mature renter base with 31% of the population aged 18-34 and median household income of $65,512. Population forecasts indicate modest decline through 2028, but household formation is projected to increase 29.9%, expanding the potential renter pool.
The 1972 construction year aligns with the neighborhood average of 1976, suggesting consistent building stock that may present value-add renovation opportunities for investors seeking to differentiate units or capture rent premiums. Median contract rent of $1,540 has grown 32.2% over five years, outpacing income growth and creating affordability pressure that could affect renewal rates and require careful lease management.
Safety metrics show mixed trends that warrant monitoring. The neighborhood ranks 432nd out of 1,441 metro neighborhoods for overall crime, placing it above the metro median and in the 73rd national percentile. Property crime rates have declined significantly by 74.9% year-over-year, ranking in the 96th percentile nationally for improvement.
Violent crime rates also show substantial improvement, declining 96.8% annually and ranking 64th among metro neighborhoods for positive change. While current violent crime rates remain moderate at 27.1 incidents per 100,000 residents, the strong downward trend suggests improving conditions that could support tenant retention and property values over time.
The property benefits from proximity to major corporate employers that provide workforce housing demand, with several Fortune 500 companies and headquarters within commuting distance.
- CBRE Group — commercial real estate services (3.1 miles) — HQ
- Microsoft — technology offices (3.1 miles)
- Reliance Steel & Aluminum — industrial materials (3.2 miles) — HQ
- Live Nation Entertainment — entertainment services (3.2 miles)
- Disney — entertainment & media (5.7 miles) — HQ
This 24-unit property offers exposure to Los Angeles's urban core rental market with established renter demand fundamentals. The neighborhood's 86.7% rental occupancy rate ranks in the top tier nationally, while exceptional amenity density supports tenant retention through walkable access to restaurants, groceries, and services. Commercial real estate analysis indicates the area maintains competitive positioning despite modest occupancy levels at 90.5%.
The 1972 vintage presents value-add opportunities for investors seeking to capture rent premiums through strategic renovations. Projected household growth of 29.9% through 2028 should expand the renter base, though population decline and high rent-to-income ratios require careful lease management. Proximity to major employers including CBRE Group, Microsoft, and Disney headquarters within 6 miles provides workforce housing demand stability.
- Strong rental market fundamentals with 86.7% renter occupancy ranking top tier nationally
- Exceptional walkable amenity density supporting tenant retention and lease-up velocity
- Value-add renovation potential with 1972 vintage allowing unit differentiation
- Projected 29.9% household growth expanding renter pool through 2028
- Risk: High rent-to-income ratios may pressure renewals and require lease management focus