| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 76th | Fair |
| Demographics | 33rd | Poor |
| Amenities | 75th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 9345 Cedar St, Bellflower, CA, 90706, US |
| Region / Metro | Bellflower |
| Year of Construction | 1980 |
| Units | 28 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
9345 Cedar St Bellflower 28-Unit Multifamily Investment
Renter demand is supported by an urban core location with steady neighborhood occupancy and strong nearby amenities, according to WDSuite’s CRE market data. The 28-unit scale positions the asset for efficient operations while remaining competitive against older local stock.
Bellflower’s urban core setting offers daily convenience that helps support leasing. Restaurant, café, grocery, and pharmacy density track above national medians, with dining and café options particularly strong. The area lacks immediate park access, so on-site open space and resident amenities can differentiate the property.
Within the Los Angeles-Long Beach-Glendale metro, the neighborhood’s overall standing is above the metro median (rank 671 out of 1,441 neighborhoods; “B” rating), and amenity access is in the top quartile locally (rank 318 of 1,441). Neighborhood occupancy is roughly mid-90s and above the national median, which supports income stability across cycles based on CRE market data from WDSuite.
Tenure patterns indicate depth in the renter base: about two-thirds of housing units are renter-occupied, signaling consistent multifamily demand and a broad leasing pool. Home values in this submarket are elevated relative to many U.S. areas, which tends to sustain renter reliance on multifamily housing and can support pricing power and lease retention.
The property’s 1980 vintage is newer than the neighborhood’s average construction year (1972), suggesting relative competitiveness versus older stock; investors should still plan for targeted modernization and systems upgrades typical of assets of this era. Demographic statistics aggregated within a 3-mile radius show households and families have edged higher in recent years even as average household size trended down, and forward-looking projections indicate continued household growth—factors that can expand the renter pool and support occupancy over time.
Safety trends should be evaluated carefully. Compared with neighborhoods nationwide, this area sits below the national median for safety, and within the Los Angeles-Long Beach-Glendale metro it performs below the metro average (crime rank 1,288 out of 1,441 neighborhoods). Recent estimates indicate year-over-year increases in both property and violent offenses. Investors may wish to incorporate security measures and resident experience upgrades into underwriting to support retention and leasing velocity.
Nearby employers span industrial services, public safety/technology, telecommunications, beverage bottling, and auto parts distribution—providing a diverse employment base that supports renter demand and commute convenience for workforce tenants.
- Airgas — industrial gases & services (2.1 miles)
- Raytheon Public Safety RTC — public safety/technology (4.0 miles)
- Time Warner Business Class — telecommunications (4.2 miles)
- Coca-Cola Downey — beverage bottling (4.3 miles)
- LKQ — auto parts distribution (6.0 miles)
9345 Cedar St offers a 28-unit footprint in an amenity-rich Bellflower location where neighborhood occupancy trends sit above the national median. The 1980 vintage is newer than the area’s average construction year, indicating competitive positioning versus older stock while still calling for targeted capex and modernization typical for assets of this era.
Demographic statistics within a 3-mile radius point to a larger tenant base over time as households are projected to grow and incomes trend higher, supporting leasing and potential pricing power. Elevated ownership costs in the area further reinforce reliance on rental housing, and, according to CRE market data from WDSuite, renter concentration is high in the neighborhood, supporting demand depth.
- Above-national-median occupancy and strong amenity access support income stability
- 1980 vintage newer than local average, with value-add potential through selective renovations
- High renter concentration and elevated ownership costs bolster multifamily demand
- 3-mile household and income growth outlook expands the renter pool
- Risks: below-median safety and limited park access warrant underwriting for security and on-site amenity investment