| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 83rd | Best |
| Demographics | 34th | Poor |
| Amenities | 31st | Poor |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 3425 Baldwin Park Blvd, Baldwin Park, CA, 91706, US |
| Region / Metro | Baldwin Park |
| Year of Construction | 1988 |
| Units | 24 |
| Transaction Date | 2001-09-19 |
| Transaction Price | $1,785,000 |
| Buyer | LI ZHI MIN |
| Seller | STUKAN PAUL H |
3425 Baldwin Park Blvd Baldwin Park Multifamily Investment
Neighborhood occupancy is strong and renter demand is supported by a high-cost ownership market, according to WDSuite’s CRE market data. For investors, the area’s tenant base and location fundamentals indicate stable leasing with selective value‑add potential.
Baldwin Park’s Urban Core setting offers daily-life convenience, with grocery access ranking among the highest nationally (near the 99th percentile), which helps support resident retention. By contrast, neighborhood cafe and park densities are limited, so walk-to leisure options may be thinner than in amenity-rich Los Angeles nodes. Average school ratings sit around the national middle, which typically supports broad-based renter appeal without commanding a premium.
Neighborhood occupancy is high (ranked 205 among 1,441 metro neighborhoods), placing it in the top quartile nationally and signaling durable leasing conditions for multifamily. The share of housing units that are renter-occupied in the neighborhood is elevated, reinforcing a deeper tenant base and ongoing demand for professionally managed apartments.
Home values in the neighborhood test high versus U.S. norms (near the upper decile nationally), and the value-to-income ratio also trends elevated. In investor terms, a high-cost ownership market tends to sustain renter reliance on multifamily housing, supporting pricing power and lease stability. At the same time, rent-to-income metrics appear manageable relative to U.S. benchmarks, which can aid retention and reduce turnover risk.
Demographic statistics aggregated within a 3-mile radius indicate households have grown in recent years and are projected to expand further even as average household size trends lower. This pattern typically points to more, smaller households entering the market—conditions that can broaden the renter pool and support occupancy over the medium term.
The property’s 1988 vintage is newer than the neighborhood’s average construction year of 1982. For investors, this generally implies competitive positioning versus older stock, with potential to unlock value through targeted updates to interiors and building systems as part of a measured capital plan.
Comparable safety benchmarks for this neighborhood are not available in WDSuite’s dataset at this time. Investors typically evaluate neighborhood safety in the context of broader Los Angeles metro trends and property-level operations. Standard due diligence—reviewing recent police reports, touring at different times, and assessing on-site security protocols—remains advisable.
Proximity to established employers supports a steady commuter renter base and helps underpin leasing stability for workforce-oriented units. Nearby employment anchors include Chevron, Edison International, International Paper, LKQ, and Raytheon.
- Chevron — energy (3.1 miles)
- Edison International — electric utility (6.2 miles) — HQ
- International Paper — packaging & paper (9.9 miles)
- LKQ — auto parts distribution (11.9 miles)
- Raytheon Public Safety RTC — defense & aerospace offices (13.0 miles)
This 24‑unit 1988 multifamily asset in Baldwin Park benefits from strong neighborhood occupancy and a renter-leaning housing stock, supporting stable cash flow potential. Elevated home values and ownership costs in the area tend to sustain reliance on rentals, while rents remain within manageable income ratios relative to national benchmarks—factors that can support retention and measured rent growth. Based on commercial real estate analysis from WDSuite, these fundamentals align with near-term leasing stability and medium-term value creation through selective renovations.
Households within a 3‑mile radius have been increasing and are projected to rise further as average household size declines, broadening the renter pool over time. Dense grocery access enhances day-to-day livability, while a diversified set of nearby employers supports commuter demand. The 1988 vintage is somewhat newer than neighborhood averages, offering competitive positioning with room for targeted interior and system upgrades to drive NOI.
- High neighborhood occupancy and elevated renter concentration support demand stability
- High-cost ownership market reinforces multifamily reliance and pricing power
- 1988 vintage offers value-add potential via targeted renovations
- Household growth within 3 miles and employer proximity expand the renter base
- Risks: thinner cafe/park density and mixed school ratings may temper premium positioning