| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 82nd | Best |
| Demographics | 76th | Best |
| Amenities | 75th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 16 Campus Dr, Arcadia, CA, 91007, US |
| Region / Metro | Arcadia |
| Year of Construction | 2011 |
| Units | 43 |
| Transaction Date | 2009-12-04 |
| Transaction Price | $1,800,000 |
| Buyer | ARCADIA CAMPUS COMMONS ASSOCIATES |
| Seller | KHOE TENG HIK |
16 Campus Dr Arcadia Multifamily Investment
This 43-unit property built in 2011 sits in a top-performing Arcadia neighborhood with 95.1% occupancy and strong rental demand fundamentals. According to WDSuite's CRE market data, the area ranks in the top quartile among 1,441 Los Angeles metro neighborhoods for overall investment quality.
The Arcadia neighborhood demonstrates strong multifamily fundamentals, ranking 133rd among 1,441 Los Angeles metro neighborhoods with an A rating. Neighborhood-level occupancy stands at 95.1%, reflecting solid rental demand in this suburban market. The area commands median rents of $1,706, positioning it competitively within the metro while maintaining affordability for a diverse tenant base.
Demographics within a 3-mile radius show stability with 149,296 residents and moderate household growth projected through 2028. The tenant pool includes 45.2% renter-occupied housing units, above the national median and indicating sustained rental demand. Median household income of $103,125 supports rent-to-income ratios, though elevated home values exceeding $1.4 million reinforce rental demand by keeping homeownership costs high for many households.
The property's 2011 construction year aligns with newer building stock compared to the neighborhood average of 1979, potentially reducing near-term capital expenditure needs. Local amenities support tenant retention with excellent school ratings averaging 5.0 out of 5, abundant dining options with 28 restaurants per square mile, and strong park access ranking in the 96th percentile nationally.
The neighborhood maintains competitive safety metrics, ranking 467th out of 1,441 Los Angeles metro neighborhoods and placing in the 72nd percentile nationally for crime performance. Both violent and property crime rates have declined significantly over the past year, with violent offenses dropping 71.5% and property crimes decreasing 43.7%, indicating improving safety trends that support tenant appeal and retention.
The Arcadia submarket benefits from proximity to major corporate employers across energy, technology, and industrial sectors, supporting workforce housing demand and commute convenience for professional tenants.
- Chevron — energy (4.2 miles)
- Edison International — utilities (5.9 miles) — HQ
- Avery Dennison — materials & manufacturing (13.0 miles) — HQ
- Microsoft — technology (13.7 miles)
- CBRE Group — commercial real estate services (13.8 miles) — HQ
This 43-unit Arcadia property presents solid multifamily fundamentals in a high-performing neighborhood with 95.1% occupancy and strong rental demand drivers. The 2011 construction vintage reduces near-term maintenance concerns while elevated local home values exceeding $1.4 million support rental demand by limiting ownership competition. Demographic projections show household growth through 2028, expanding the potential tenant base within a 3-mile radius.
According to multifamily property research from WDSuite, the area ranks in the top quartile among Los Angeles metro neighborhoods for investment quality, supported by excellent schools, abundant amenities, and improving safety trends. The suburban location provides access to major employment centers while maintaining competitive rent levels relative to coastal markets.
- Strong occupancy at 95.1% neighborhood level indicates stable rental demand
- 2011 construction reduces near-term capital expenditure requirements
- High home values support rental demand by limiting ownership competition
- Top-quartile neighborhood ranking among 1,441 Los Angeles metro areas
- Monitor rent-to-income pressures given elevated local housing costs