| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 73rd | Fair |
| Demographics | 72nd | Best |
| Amenities | 62nd | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 150 Las Tunas Dr, Arcadia, CA, 91007, US |
| Region / Metro | Arcadia |
| Year of Construction | 2004 |
| Units | 54 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
150 Las Tunas Dr, Arcadia CA Multifamily Investment
2004 vintage in an inner-suburb pocket where elevated ownership costs sustain rental demand, according to WDSuite’s CRE market data. Newer construction relative to local stock positions the asset competitively while supporting pragmatic value-add planning as systems age.
Arcadia’s inner-suburb dynamics favor stable renter demand for well-located assets. The neighborhood rates A- and ranks 358 out of 1,441 Los Angeles metro neighborhoods, signaling competitive positioning among local peers. Average school ratings are top-tier, ranking 1st of 1,441 metro neighborhoods (top percentile nationally), which can support family-oriented leasing and retention.
Daily needs are convenient: grocery and pharmacy density sits above metro medians, while restaurants also score well relative to the region. By contrast, parks and cafes are limited, which may reduce lifestyle appeal at the block level but is often offset in Arcadia by strong schools and neighborhood services. This balanced amenity mix is consistent with investor expectations for inner suburbs within major coastal metros.
On the housing side, the neighborhood occupancy rate is below the metro median, suggesting some leasing competition and the need for active management on renewals and marketing. The share of housing units that are renter-occupied in the immediate neighborhood is comparatively low, indicating a thinner in-neighborhood renter base; however, within a 3-mile radius the renter-occupied share is near parity with owners, providing a deeper tenant pool for leasing. Median contract rents benchmark in the upper deciles nationally, and the rent-to-income ratio indicates manageable affordability pressure, which can aid lease retention.
Demographics aggregated within a 3-mile radius show modest population softening alongside an increase in total households and smaller household sizes. For multifamily owners, that mix typically supports a larger tenant base over time even without headline population growth. Elevated home values in the neighborhood, among the highest nationally, reinforce reliance on rental housing and can support pricing power for well-maintained units. Based on commercial real estate analysis from WDSuite, the property’s 2004 construction is newer than the local 1982 average, improving relative competitiveness versus older stock while still allowing for targeted modernization to capture premiums.
Safety metrics compare favorably at the neighborhood level: current crime measures place the area above many Los Angeles neighborhoods and in a strong position versus national peers. Year-over-year trends indicate meaningful declines in both violent and property offenses, which supports leasing stability and resident retention. In short, safety performance is competitive among Los Angeles neighborhoods and aligns with investor expectations for inner-suburban product.
Nearby corporate anchors provide a diversified employment base that supports renter demand through commute convenience and retention. This includes Chevron, Edison International, International Paper, Reliance Steel & Aluminum, and CBRE Group.
- Chevron — energy offices (2.6 miles)
- Edison International — utilities (4.4 miles) — HQ
- International Paper — packaging & paper (10.5 miles)
- Reliance Steel & Aluminum — metals distribution (12.9 miles) — HQ
- CBRE Group — real estate services (13.0 miles) — HQ
150 Las Tunas Dr offers 2004 construction in an inner-suburban Arcadia location where ownership costs are among the highest nationally, helping sustain multifamily demand and pricing power. The asset competes against older neighborhood stock (average vintage 1982), positioning it for operational efficiency and targeted renovations to elevate rents and retention without overextending capital plans. According to CRE market data from WDSuite, neighborhood schools rank at the top of the metro and crime trends have improved, both supportive of tenant stickiness.
While the immediate neighborhood’s renter-occupied share is comparatively low and occupancy runs below the metro median, the 3-mile trade area shows a deep renter pool, rising household counts, and smaller household sizes that can support absorption. Amenity access is strongest for daily needs (groceries, pharmacies, restaurants), with fewer parks and cafes — a trade-off typical of inner suburbs and manageable with on-site amenities and resident programming.
- Newer 2004 vintage versus older neighborhood stock supports competitive positioning and selective value-add.
- High-cost ownership market reinforces renter reliance, aiding pricing power and lease retention.
- Top-ranked schools and improving safety metrics support family-oriented demand and stability.
- Deep 3-mile renter pool and rising household counts bolster leasing despite below-median neighborhood occupancy.
- Risks: thinner renter concentration in the immediate neighborhood and limited parks/cafes require proactive marketing and on-site amenity strategy.