| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 73rd | Fair |
| Demographics | 47th | Fair |
| Amenities | 81st | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 525 N Ardmore Ave, Los Angeles, CA, 90004, US |
| Region / Metro | Los Angeles |
| Year of Construction | 1987 |
| Units | 21 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
525 N Ardmore Ave Los Angeles Multifamily Investment
Neighborhood renter demand is deep and occupancy has trended upward at the neighborhood level, according to CRE market data from WDSuite, supporting stable leasing for a 21-unit asset in an Urban Core location.
Situated in Los Angeles's Urban Core, the property benefits from a dense amenity base that supports retention and everyday convenience. Restaurants, grocery, pharmacies, and cafes rank near the top of national availability, with restaurants and grocery stores in the 99th percentile nationwide and cafes in the 98th percentile, according to WDSuite's CRE market data. Within the Los Angeles-Long Beach-Glendale metro (1,441 neighborhoods), these amenity concentrations are competitive among peer neighborhoods, helping underpin consistent renter interest.
At the neighborhood level, occupancy is steady with a five-year improvement, while the share of housing units that are renter-occupied is very high (99th percentile nationally). For investors, this indicates a sizable tenant base and durable demand for multifamily units; lease-up and renewal strategies can focus on service quality and modest unit upgrades rather than heavy concessions in typical conditions.
Schools in the area average about mid-to-upper performance (above the national median with a 3.0 average rating), which can help with resident retention among households seeking longer stays. While park access within the immediate neighborhood footprint is limited, the broader Urban Core context and dense commercial fabric offer alternative recreation and lifestyle options that support livability.
The median home value in the neighborhood is elevated relative to income levels, a hallmark of a high-cost ownership market in Los Angeles (national 97th percentile for home values). This dynamic tends to reinforce reliance on rental housing and supports occupancy stability; however, it also warrants attention to rent-to-income ratios and renewal management to mitigate affordability pressure over time.
Demographic statistics aggregated within a 3-mile radius show a slight population dip in recent years alongside an increase in households, with projections pointing to further household growth and smaller average household sizes by 2028. For multifamily investors, this suggests a larger tenant base over time and potential for steady absorption of well-located, updated units.
Vintage context: the property's 1987 construction is newer than the neighborhood's average vintage (1955). Investors can position this relative youth as a competitive advantage versus older stock, while still budgeting for targeted modernization of finishes and systems to meet current renter expectations.
Safety indicators trend favorably in comparative terms. Neighborhood safety performs above the national median (approximately 75th percentile nationally), and both estimated violent and property offense rates show strong year-over-year improvement, according to WDSuite's CRE market data. These trends support resident retention and leasing stability without making block-level claims.
Within the Los Angeles-Long Beach-Glendale metro's 1,441 neighborhoods, conditions are competitive among peer urban areas. As always in dense urban cores, prudent property management practices—lighting, access control, and coordination with local resources—remain important to sustain on-site experience and reduce turnover.
Proximity to major employers in media, technology, and corporate services supports a broad commuter tenant base and can aid retention through convenient access to job centers. The employers below reflect the nearest cluster influencing renter demand.
- Live Nation Entertainment — entertainment corporate offices (2.8 miles)
- CBRE Group — real estate services (3.4 miles) — HQ
- Microsoft — technology offices (3.4 miles)
- Reliance Steel & Aluminum — metals & distribution (3.5 miles) — HQ
- Disney — media & entertainment corporate offices (5.4 miles) — HQ
525 N Ardmore Ave offers a 21-unit, 1987-vintage asset positioned in a high-amenity Urban Core neighborhood. Renter-occupied share is among the highest nationally, indicating depth of demand, and neighborhood occupancy has shown a multi-year improvement, which supports leasing durability. Elevated ownership costs in the area sustain reliance on rental housing, while abundant daily amenities contribute to retention and pricing power for well-maintained units, based on CRE market data from WDSuite.
Relative to the neighborhood's older housing stock, the property's later construction provides a competitive edge versus pre-1960 assets, with targeted modernization offering value-add potential. Demographic statistics aggregated within a 3-mile radius point to increasing household counts and smaller household sizes over the next five years, which can expand the tenant base for thoughtfully updated, well-managed units. Key risks center on affordability pressure and the need for ongoing capital planning to keep finishes and systems competitive.
- High renter concentration supports deep tenant base and leasing stability
- 1987 construction offers competitive positioning versus older neighborhood stock
- Dense amenity environment and major employers nearby aid retention
- Household growth within 3 miles suggests larger renter pool over time
- Watch affordability pressure and plan capex to keep units competitive