| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 75th | Fair |
| Demographics | 20th | Poor |
| Amenities | 75th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 4215 S Vermont Ave, Los Angeles, CA, 90037, US |
| Region / Metro | Los Angeles |
| Year of Construction | 2004 |
| Units | 31 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
4215 S Vermont Ave Los Angeles Multifamily Investment
Neighborhood occupancy trends sit near the metro median and renter concentration is elevated, supporting demand durability for a 31‑unit asset, according to WDSuite’s CRE market data. These signals reflect area conditions, not the property’s own occupancy.
The property’s Urban Core location benefits from strong daily‑needs access. Neighborhood amenities score in the top quartile among 1,441 Los Angeles–Long Beach–Glendale neighborhoods, with groceries and restaurants in high national percentiles, while park access also tests well above average. Pharmacy access is comparatively thin, which can modestly affect convenience for residents.
Vintage in the surrounding area skews older (average 1939), while this asset’s 2004 construction positions it competitively versus much of the local stock. That generally supports leasing relative to older buildings, though investors should still underwrite routine modernization as systems age.
Renter-occupied housing is a large share of units locally (neighborhood ~70% and within a 3‑mile radius ~73%), indicating a deep tenant base for multifamily. Neighborhood occupancy trends are around the metro median, suggesting steady, not overheated, leasing conditions. Median contract rents sit above many peer areas, and within the 3‑mile radius both median rent and incomes have risen, supporting pricing resilience under typical lease management.
Within a 3‑mile radius, population has been broadly flat in recent years while households edged higher and are projected to increase materially alongside smaller average household sizes by 2028. That combination can expand the renter pool and support occupancy stability and lease‑up velocity even if total population softens.
Home values in the neighborhood are elevated relative to incomes (high national percentile), reinforcing reliance on multifamily options and aiding tenant retention. School ratings trend below national averages, which may influence unit mix strategy toward renters prioritizing commute access and value rather than school performance.
Safety signals are mixed when viewed against national and metro benchmarks. Overall crime sits around the 62nd national percentile for safety (higher percentile indicates safer relative standing), while violent and property offense rates score lower nationally. Year over year, estimated violent and property offense rates show notable improvement, which, according to WDSuite’s data, points to a favorable recent trajectory rather than a guarantee of future conditions.
Compared with the Los Angeles–Long Beach–Glendale metro’s 1,441 neighborhoods, local safety ranks in a mid‑pack position, not among the highest‑risk clusters nor the most insulated. Investors should calibrate security features and operating practices to resident expectations typical of Urban Core Los Angeles locations, monitoring trends rather than relying on block‑level conclusions.
Nearby employers span real estate services, metals distribution, software, and entertainment—supporting a diverse renter base and commute convenience for workforce and professional tenants. Notable nearby nodes include CBRE Group, Reliance Steel & Aluminum, Microsoft, Symantec, and Live Nation Entertainment.
- CBRE Group — real estate services (3.8 miles) — HQ
- Reliance Steel & Aluminum — metals distribution (3.9 miles) — HQ
- Microsoft — software (3.9 miles)
- Symantec — software & cybersecurity (5.7 miles)
- Live Nation Entertainment — entertainment (7.7 miles) — HQ
Built in 2004, this 31‑unit asset is materially newer than the surrounding neighborhood’s older housing stock, supporting competitive positioning versus legacy buildings while still warranting planning for system updates and selective modernization. Local renter concentration is high and neighborhood occupancy trends are around the metro median, indicating depth of demand without signs of overheating, based on CRE market data from WDSuite.
Elevated area home values relative to income reinforce renter reliance on multifamily, while 3‑mile trends point to rising incomes, firming rents, and a projected increase in household counts alongside smaller household sizes—conditions that can sustain the tenant base and pricing power. Risks include below‑average school ratings, mixed safety metrics, and modest softening in neighborhood occupancy over the past five years, warranting prudent underwriting and active asset management.
- 2004 vintage offers a competitive edge over older neighborhood stock with manageable upgrade planning
- High renter-occupied share and mid‑pack neighborhood occupancy support stable multifamily demand
- Elevated ownership costs locally bolster renter reliance and potential lease retention
- 3‑mile outlook: rising incomes, firming rents, and more households support occupancy and pricing
- Risks: mixed safety and school quality, plus modest occupancy softening—underwrite with prudent reserves