| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 78th | Good |
| Demographics | 90th | Best |
| Amenities | 95th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 925 N Martel Ave, Los Angeles, CA, 90046, US |
| Region / Metro | Los Angeles |
| Year of Construction | 1978 |
| Units | 72 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
925 N Martel Ave Los Angeles Multifamily Investment
High renter demand and a high-cost ownership landscape in the surrounding neighborhood support durable leasing fundamentals, according to WDSuite’s CRE market data. Neighborhood occupancy trends should be evaluated at the submarket level, but a deep tenant base points to consistent absorption potential.
Situated in Los Angeles s Urban Core, the property benefits from a neighborhood rated A+ and ranked 17th among 1,441 metro neighborhoods competitive positioning that helps sustain rental demand. Elevated neighborhood amenity access stands out: restaurants and grocery options are in the top national percentiles, with parks and pharmacies similarly dense, supporting day-to-day convenience that aids retention.
Schools rate strongly on average (top of the metro and top percentile nationally), which broadens appeal to a range of renter households. Median rents in the neighborhood are high relative to national levels, while the rent-to-income profile indicates room for lease management without outsized affordability pressure compared with other coastal metros a constructive backdrop for pricing power in stabilized assets.
Vintage matters: built in 1978 versus a neighborhood average year of 1964, the asset is newer than much of the local stock. This positioning can be a competitive advantage versus older comparables, though investors should still plan for ongoing modernization of systems and common areas to meet current renter expectations.
Renter-occupied share is top quartile among 1,441 metro neighborhoods and in the high national percentiles, indicating a deep tenant pool for multifamily. While the neighborhood s current occupancy rate is below the metro median, five-year improvement suggests stabilizing momentum; strong amenities and a large renter base help support absorption. Demographic statistics within a 3-mile radius show recent softness in population counts offset by growth in the number of households and smaller household sizes, expanding the renter pool over time and supporting multifamily leasing.
Safety metrics for the neighborhood compare favorably with the broader metro, landing above the national midpoint (69th percentile). More notably, both violent and property offense rates have declined sharply year over year, placing those improvements in the top decile nationally. These trends suggest a stabilizing environment relative to many urban cores, though investors should underwrite block-by-block variability consistent with Los Angeles operations.
Proximity to entertainment and professional services employers supports renter demand via short commutes and diversified white-collar employment. The following nearby anchors reflect the immediate employment base cited in this submarket.
- Live Nation Entertainment entertainment (1.0 miles)
- Activision Blizzard Studios media & gaming (3.1 miles)
- AECOM engineering & infrastructure (4.3 miles) HQ
- Radio Disney media (4.5 miles)
- Disney media & entertainment (5.0 miles) HQ
This 72-unit property at 925 N Martel Ave sits in a top-tier Los Angeles neighborhood, where amenity density, strong school ratings, and a large renter base underpin multifamily demand. Built in 1978, it is newer than much of the surrounding stock, offering relative competitiveness versus older assets while still presenting selective value-add opportunities for modernization. According to CRE market data from WDSuite, the neighborhood s renter concentration is among the highest in the metro and national percentiles, reinforcing tenant depth even as current neighborhood occupancy trails metro medians.
Within a 3-mile radius, recent trends point to modest population softness but an increase in household counts and smaller household sizes dynamics that expand the renter pool and support leasing and retention. High ownership costs in the area further reinforce reliance on rental housing, while rent-to-income profiles suggest room for disciplined pricing and revenue management compared with many coastal peers.
- A+ neighborhood with top-tier amenities and school ratings supports retention and leasing velocity.
- 1978 vintage is newer than local averages, with potential for targeted renovations to enhance competitiveness.
- High renter-occupied share indicates deep tenant demand and a broad leasing funnel.
- Household growth within 3 miles and smaller household sizes expand the renter pool over time.
- Risk: Neighborhood occupancy is below metro median; underwrite stabilization with emphasis on operations, renovations, and marketing.