| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 74th | Fair |
| Demographics | 55th | Good |
| Amenities | 96th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 5552 Carlton Way, Los Angeles, CA, 90028, US |
| Region / Metro | Los Angeles |
| Year of Construction | 1992 |
| Units | 25 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
5552 Carlton Way Los Angeles Multifamily Investment
Urban-core location with a deep renter base and high-cost ownership market supports durable demand, according to WDSuite’s CRE market data. Neighborhood occupancy runs below metro leaders, so underwriting should prioritize leasing execution and retention.
Situated in Los Angeles’s Urban Core, the property benefits from a neighborhood that ranks 249 out of 1,441 metro neighborhoods (A- rating), indicating competitive fundamentals among Los Angeles-Long Beach-Glendale, CA subareas. Daily convenience is a clear strength: restaurants, groceries, and pharmacies all sit near the top of national comparisons, reinforcing walkable lifestyle appeal that helps leasing and renewal velocity.
Renter concentration in the neighborhood is very high (above metro norms and near the top nationally), which expands the prospective tenant base and can support occupancy stability over time. At the same time, neighborhood occupancy levels trail the metro median, so assets here typically rely on active leasing management, thoughtful concessions, and service quality to maintain traction.
Ownership costs in the area are elevated (home values test near the top of U.S. neighborhoods), which tends to sustain reliance on multifamily rentals and can support pricing power. However, rent-to-income ratios indicate affordability pressure for some renters; operators often focus on renewal strategy, unit mix, and amenity value to protect retention.
The average neighborhood building vintage skews older (mid-1950s), while this asset was built in 1992. That relative youth versus much of the local stock enhances competitive positioning, though investors should still plan for modernization of finishes and select systems to match current renter expectations.
Within a 3-mile radius, demographics show a predominantly renter-occupied housing base and modest population softness in recent years, while household counts are projected to rise and average household size to decline. This points to a larger pool of smaller households and continued multifamily demand, supporting absorption for well-located, professionally managed properties.
Safety signals are mixed but improving. The neighborhood’s overall crime rank is competitive among Los Angeles-Long Beach-Glendale, CA neighborhoods (ranked 530 out of 1,441), suggesting performance better than many urban peers in the metro. Nationally, property and violent offense measures sit below the median, yet both show sharp year-over-year declines, indicating a favorable recent trend rather than a static condition.
For investors, the takeaway is directional: trends have moved lower over the past year, and the area compares reasonably within the metro, but risk management and standard security practices remain important for leasing and retention.
Proximity to major employers in entertainment, technology, and commercial real estate services supports workforce housing demand and commute convenience, including Live Nation Entertainment, Disney, Radio Disney, Microsoft, and CBRE Group.
- Live Nation Entertainment — entertainment (1.9 miles)
- Disney — entertainment (4.0 miles) — HQ
- Radio Disney — entertainment (4.0 miles)
- Microsoft — technology (4.7 miles)
- CBRE Group — commercial real estate services (4.7 miles) — HQ
Built in 1992 with 25 units, the asset competes against an older local stock base, providing a relative edge on layout and systems while leaving room for targeted upgrades that can lift rents. According to CRE market data from WDSuite, the neighborhood combines a very high renter-occupied share with top-tier amenity access and a high-cost ownership market—factors that generally reinforce renter demand even as occupancy sits below the metro median.
Within a 3-mile radius, projections indicate growth in household counts and a shift toward smaller households, pointing to a larger tenant pool for well-located multifamily assets. Affordability pressure is present, so performance tends to favor operators with disciplined lease management, unit positioning, and service-driven retention.
- Renter demand depth: very high renter concentration and amenity-rich location support leasing and renewal potential.
- Relative vintage advantage: 1992 construction competes well versus older neighborhood stock, with value-add opportunities via modernization.
- Ownership-cost backdrop: elevated home values tend to sustain reliance on rentals, aiding pricing power over time.
- Demand outlook: within 3 miles, household growth and smaller household sizes point to a broader renter pool.
- Key risks: below-metro occupancy and renter affordability pressure require active leasing strategy and renewal-focused operations.