| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 74th | Fair |
| Demographics | 44th | Fair |
| Amenities | 61st | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 4165 W Slauson Ave, Los Angeles, CA, 90043, US |
| Region / Metro | Los Angeles |
| Year of Construction | 1973 |
| Units | 21 |
| Transaction Date | 2007-03-29 |
| Transaction Price | $2,200,000 |
| Buyer | 3120 BROADWAY LLC |
| Seller | REDICK CHARLES ALFRED |
4165 W Slauson Ave, Los Angeles Multifamily Investment
Neighborhood occupancy has held steady and ownership costs are high for Los Angeles, supporting renter reliance on multifamily housing, according to WDSuite’s CRE market data. This asset’s 1973 vintage is relatively newer than much of the area’s stock, offering competitive positioning with potential to modernize systems and finishes.
The property sits in an Urban Core neighborhood rated B and positioned above the metro median among 1,441 Los Angeles–Long Beach–Glendale neighborhoods. Local livability skews toward daily convenience: grocery access and parks index strong nationally (upper-80s percentiles), restaurants are plentiful, while cafes and pharmacies are less dense. For investors, this mix supports everyday demand drivers without depending on destination retail.
Neighborhood occupancy is 93.1% with minimal five‑year fluctuation, suggesting stable leasing conditions rather than rapid churn. Median contract rents benchmark high versus national peers, and the surrounding ownership market carries elevated home values, which tends to sustain rental demand and bolster leasing depth.
Within a 3‑mile radius, 58.5% of housing units are renter‑occupied, indicating a deep tenant base for multifamily. Recent population change has been roughly flat, but forecasts point to growth in both households and incomes over the next five years, expanding the renter pool and supporting occupancy stability. For schools, average ratings trail the national median, which may matter for family‑targeted unit mixes but is less consequential for workforce‑oriented demand.
Construction in the immediate neighborhood skews older on average (late‑1940s), making a 1973 asset relatively newer versus much of the local stock. That positioning can be advantageous for durability and competitiveness, while still leaving room for targeted value‑add to modernize systems and amenities as part of capital planning.
Comparatively, the neighborhood ranks above the national average for safety (around the 70th percentile nationally), providing a more favorable backdrop than many urban submarkets. Recent estimates also indicate notable one‑year declines in both property and violent offenses, pointing to improving conditions.
As with any infill Los Angeles location, safety can vary by micro‑area and time of day. Investors typically account for this through practical measures such as lighting, access control, and on‑site management, which can support resident retention and leasing.
Nearby employers span technology, entertainment, and engineering, supporting a diversified workforce renter base and commute convenience for residents. The list below highlights major offices and headquarters within a short drive that underpin demand in this pocket of Los Angeles.
- Symantec — technology/security (2.35 miles)
- Microsoft Offices The Reserves — technology (4.58 miles)
- Mattel — consumer products (5.37 miles) — HQ
- Activision Blizzard Studios — entertainment & gaming (6.16 miles)
- AECOM — engineering & infrastructure (6.22 miles) — HQ
4165 W Slauson Ave is a 21‑unit asset built in 1973, positioned in an Urban Core pocket where neighborhood occupancy has been steady and renter demand is reinforced by a high‑cost ownership market. Within a 3‑mile radius, a majority of housing units are renter‑occupied, and forecasts indicate increases in households and incomes—factors that typically support a larger tenant base and leasing stability. Based on CRE market data from WDSuite, neighborhood rents benchmark high versus national peers while home values remain elevated, reinforcing multifamily demand.
Relative to the area’s older housing stock, the 1973 vintage can compete well while still offering value‑add opportunities through modernization of interiors and building systems. Investors should also plan for affordability pressure (rent‑to‑income ratios run elevated locally), suggesting a focus on lease management, renewal strategies, and measured rent growth to sustain occupancy.
- Stable neighborhood occupancy and deep renter base support leasing durability.
- High ownership costs in the area sustain reliance on rentals, aiding pricing power.
- 1973 vintage is newer than much of the local stock, with clear value‑add potential via modernization.
- Proximity to diversified employers underpins workforce housing demand.
- Risk: Elevated rent‑to‑income levels and below‑median school ratings warrant careful lease and tenant‑mix management.