| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 78th | Good |
| Demographics | 43rd | Fair |
| Amenities | 47th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 4688 Huntington Dr S, Los Angeles, CA, 90032, US |
| Region / Metro | Los Angeles |
| Year of Construction | 1989 |
| Units | 57 |
| Transaction Date | 2015-05-06 |
| Transaction Price | $7,245,500 |
| Buyer | SP GR RESOURCES LLC |
| Seller | PASTERNAK DAVID J |
4688 Huntington Dr S Los Angeles Multifamily Investment
Positioned in a high-cost ownership market with steady neighborhood occupancy, the asset benefits from durable renter demand and proximity to core Los Angeles job centers, according to WDSuite’s CRE market data. The 1989 vintage provides a relative edge versus older local stock while leaving room for targeted modernization.
The neighborhood carries a B- rating and sits above the metro median (ranked 713 of 1,441 Los Angeles-Long Beach-Glendale neighborhoods). Amenity access is competitive among metro peers, with strong density of grocery, cafes, parks, and restaurants (each in the top quartile nationally), which supports day-to-day livability and tenant retention.
Neighborhood occupancy trends are stable and above national norms, with the area’s renter-occupied share roughly half of housing units—indicating a deep tenant base for multifamily demand. Within a 3-mile radius, households have grown despite a modest population dip, pointing to smaller household sizes and a gradually expanding renter pool that can support leasing and renewal performance.
Home values rank in the high national percentiles and the value-to-income ratio is also elevated, signaling a high-cost ownership environment that sustains reliance on rental housing and can bolster pricing power and lease retention for well-managed assets. Average school ratings trend slightly above national midline, providing a balanced draw for family renters.
The property’s 1989 construction is newer than the neighborhood average vintage (1960s), which supports competitive positioning versus older buildings. Investors should still plan for system updates and selective renovations to capture value-add upside and maintain marketability.
Service access is mixed: while everyday food-and-beverage options are plentiful, dedicated childcare and pharmacy locations are thinner in the immediate neighborhood, an operational consideration for marketing to certain renter cohorts.
Safety metrics are comparatively favorable for Los Angeles, with the neighborhood ranked 131 out of 1,441 metro neighborhoods for overall crime—competitive among local peers and in the top quartile nationally by percentile. According to WDSuite’s CRE data, both property and violent offense estimates also sit in higher national percentiles for safety, and recent year-over-year readings indicate meaningful declines, suggesting an improving trend.
As with any urban-core location, conditions can vary by block and time of day. Investors should validate on-the-ground patterns and monitor trend continuity alongside property-level security and design choices.
Nearby corporate employers help anchor demand through diverse office and headquarters roles, supporting commute convenience and retention for workforce and professional renters. Key nodes include Reliance Steel & Aluminum, Microsoft, CBRE Group, Edison International, and Avery Dennison.
- Reliance Steel & Aluminum — metals & distribution (4.5 miles) — HQ
- Microsoft — software (4.6 miles)
- CBRE Group — CRE services (4.7 miles) — HQ
- Edison International — utility holding company (6.3 miles) — HQ
- Avery Dennison — labels & materials (6.5 miles) — HQ
4688 Huntington Dr S combines a renter-supported location with favorable neighborhood positioning. Based on CRE market data from WDSuite, occupancy in the surrounding neighborhood trends above national norms, while elevated ownership costs in Los Angeles reinforce sustained reliance on multifamily housing. Within a 3-mile radius, households have increased and are projected to rise further even as average household size declines—expanding the renter pool and supporting lease-up and renewal stability.
The 1989 vintage is newer than much of the area’s housing stock, offering a competitive edge versus older buildings. Targeted modernization can capture value-add upside and align finishes and systems with renter expectations. Amenity density (grocers, cafes, restaurants, parks) strengthens day-to-day livability, and proximity to major employers underpins demand across income bands.
- High-cost ownership market supports durable rental demand and pricing power
- Neighborhood occupancy above national norms with stable, diversified renter base
- 1989 vintage offers competitive positioning; renovations can unlock value-add
- Strong amenity access and proximity to major employers support retention
- Risk: modest population contraction in the 3-mile area and limited childcare/pharmacy options warrant ongoing monitoring