| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 75th | Fair |
| Demographics | 45th | Fair |
| Amenities | 66th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 825 S Harvard Blvd, Los Angeles, CA, 90005, US |
| Region / Metro | Los Angeles |
| Year of Construction | 1989 |
| Units | 33 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
825 S Harvard Blvd Los Angeles Multifamily Investment
Amenity density and a high renter-occupied share point to a deep tenant base that can support leasing durability even as neighborhood occupancy fluctuates, according to WDSuite’s CRE market data.
Situated in Los Angeles’s Urban Core (neighborhood rating: B), the area around 825 S Harvard Blvd offers strong daily-life convenience. Neighborhood amenities index among the better performers metro-wide, with abundant restaurants, groceries, and cafes compared with typical U.S. neighborhoods. These fundamentals help sustain renter interest and can aid leasing velocity and retention.
The property s vintage is 1989, newer than the neighborhood s average 1969 stock. For investors, this positioning often reduces immediate capital intensity versus older mid-century assets while still leaving room for selective modernization of building systems and interiors to drive rent trade-outs and help the asset compete with newer deliveries.
Renter concentration is high at the neighborhood level, with a large share of housing units renter-occupied. That depth of multifamily demand supports a broader tenant pipeline, though the neighborhood s occupancy rate trends below national leaders. Investors should underwrite to realistic lease-up and renewal assumptions while leveraging the amenity base to support pricing and reduce downtime.
Within a 3-mile radius, demographics show a modest population decline alongside an increase in total households and smaller average household sizes, indicating more households forming even as overall headcount recedes. This shift typically expands the renter pool and can support occupancy stability and unit absorption. Elevated home values in the neighborhood relative to many U.S. areas reinforce reliance on rental housing, which can bolster pricing power, while a higher rent-to-income profile suggests affordability pressure and warrants active lease management and renewal strategies. Average school ratings trail national leaders, a consideration for family-oriented unit mixes but less binding for studios and one-bedrooms.
Safety indicators are mixed but improving. Overall crime performance ranks at 460 among 1,441 Los Angeles-Long Beach-Glendale neighborhoods, translating to above-metro-average standing, and the neighborhood sits around the top third nationally for safety. Year-over-year trends indicate notable declines in both property and violent offense estimates, signaling momentum that can support renter sentiment and retention.
While property and violent offense levels sit near national mid-range bands, the recent improvement trajectory reduces downside risk relative to prior periods. Investors should remain prudent with security design, lighting, and access controls while recognizing that comparative standing is competitive among Los Angeles neighborhoods.
The location draws from a diverse employment base that supports renter demand and commute convenience, led by professional services, technology, and entertainment employers listed below.
- CBRE Group corporate offices (2.9 miles) HQ
- Microsoft corporate offices (3.0 miles)
- Reliance Steel & Aluminum corporate offices (3.1 miles) HQ
- Live Nation Entertainment corporate offices (3.8 miles)
- Activision Blizzard Studios entertainment & gaming offices (5.5 miles)
825 S Harvard Blvd offers exposure to an amenity-rich Urban Core with a deep renter base and improving safety trend lines. The 1989 construction is newer than much of the surrounding housing stock, positioning the asset competitively against older inventory while allowing targeted value-add to capture demand from renters prioritizing convenience and access. Elevated ownership costs in the neighborhood strengthen reliance on multifamily, and, based on CRE market data from WDSuite, the area s renter concentration and amenity density support durable leasing even as neighborhood occupancy runs below national leaders.
Within a 3-mile radius, households are increasing and average household size is declining, which typically expands the pool of renters and supports absorption and renewal prospects. Affordability pressure implies disciplined rent growth pacing and proactive renewal management, but the combination of demand depth, daily-needs access, and proximity to diversified employers underpins a balanced long-term thesis.
- 1989 vintage offers competitive positioning versus older neighborhood stock with selective modernization upside
- Amenity density and high renter-occupied share support leasing velocity and retention
- High ownership costs reinforce sustained rental demand and pricing power potential
- Growing household counts within 3 miles expand the tenant base despite modest population decline
- Risks: neighborhood occupancy below national leaders and affordability pressure require prudent rent setting and renewal strategy