| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 78th | Good |
| Demographics | 14th | Poor |
| Amenities | 27th | Poor |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 6722 Clara St, Bell Gardens, CA, 90201, US |
| Region / Metro | Bell Gardens |
| Year of Construction | 2007 |
| Units | 72 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
6722 Clara St Bell Gardens Multifamily Investment
Stabilized renter demand and strong neighborhood occupancy support consistent leasing, according to WDSuite’s CRE market data. Positioning within Los Angeles County offers broad labor market access while balancing affordability pressures typical for the metro.
Set in Bell Gardens within the Los Angeles-Long Beach-Glendale metro, the neighborhood shows high occupancy and durable renter activity. Occupancy is in the top quartile nationally, indicating steady lease-up potential relative to many U.S. neighborhoods, per WDSuite. Renter-occupied housing makes up a majority of units locally, which supports a deeper tenant base and reinforces demand stability for multifamily assets.
Livability signals are mixed: park access is a clear strength (top quartile nationally), while retail density for daily needs (grocery, pharmacy, and cafes) is comparatively thin in this immediate cluster of blocks. For investors, that combination suggests residents rely on nearby corridors for errands, but benefit from recreational space close to home. This context can support retention if on-site conveniences are emphasized in operations and marketing.
Home values sit at elevated levels versus most U.S. neighborhoods, and the value-to-income ratio is also high. In practice, a high-cost ownership market tends to sustain rental reliance and can support pricing power, although it also raises rent-to-income pressure that warrants thoughtful lease management. Median contract rents in the neighborhood have risen over the last five years, aligning with broader Los Angeles multifamily property research trends, according to WDSuite’s commercial real estate analysis.
Demographic indicators aggregated within a 3-mile radius show households have increased in recent years and are forecast to expand further even as average household size moderates. This points to a gradually widening renter pool and supports occupancy stability. Income levels in the 3-mile area have trended higher and are projected to continue rising, which can underpin tenant quality and renewal prospects over the medium term.
Vintage matters for competitive positioning. The property was built in 2007, notably newer than the neighborhood’s older housing stock (average construction year skewing late 1950s). Newer construction typically competes well against older inventory and can reduce near-term capital surprises, though investors should still underwrite modernization of systems and finishes as appropriate.
Comparable safety metrics for this specific neighborhood are not available in WDSuite’s current dataset. Investors often contextualize risk by reviewing city and county trends alongside property-level operations (lighting, access control, and resident engagement), as well as recent leasing performance that can reflect neighborhood stability.
Given the lack of ranked crime data at the neighborhood level here, consider supplementing with municipal reports and property management records to evaluate trend direction relative to the broader Los Angeles metro.
Nearby employers span food and beverage, defense-related operations, industrial packaging, and industrial gases, supporting a broad workforce tenant base and convenient commutes for residents.
- Coca-Cola Downey — beverage operations (2.2 miles)
- Raytheon Public Safety RTC — defense-related operations (2.8 miles)
- International Paper — packaging and paper products (4.2 miles)
- Airgas — industrial gases (5.6 miles)
- LKQ — automotive parts distribution (7.0 miles)
The investment thesis centers on durable renter demand, high neighborhood occupancy, and a newer 2007 vintage that positions the asset competitively versus older local stock. According to CRE market data from WDSuite, the neighborhood’s occupancy performance sits in the top quartile nationally, and a majority share of housing units are renter-occupied — both supportive of leasing stability and renewal prospects.
Within a 3-mile radius, households have grown and are projected to continue increasing while average household size trends down, indicating a broader tenant base over time. Elevated home values in the area tend to reinforce reliance on rental housing, supporting pricing power, though rent-to-income pressure and limited immediate retail density warrant prudent lease management and amenity planning.
- Occupancy strength and majority renter-occupied housing support consistent demand
- 2007 construction offers competitive positioning versus older neighborhood stock
- 3-mile household growth and rising incomes expand the tenant base and renewal potential
- High-cost ownership context can sustain rental reliance and pricing power
- Risks: affordability pressure and thin nearby retail require careful lease and amenity strategy