| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 83rd | Best |
| Demographics | 37th | Fair |
| Amenities | 75th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 9843 Ramona St, Bellflower, CA, 90706, US |
| Region / Metro | Bellflower |
| Year of Construction | 1987 |
| Units | 100 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
9843 Ramona St Bellflower Multifamily Investment
This 100-unit property built in 1987 sits in a neighborhood with 96.8% occupancy and strong renter demand, according to CRE market data from WDSuite.
The Bellflower neighborhood demonstrates solid fundamentals for multifamily property research, ranking in the top quartile nationally for amenity access with cafes, childcare, grocery stores, and pharmacies within walking distance. The area maintains a 96.8% occupancy rate that ranks above the metro median among 1,441 Los Angeles neighborhoods, indicating stable rental demand.
Demographics within a 3-mile radius show a mature renter base with 44.6% of housing units occupied by renters and median household income of $93,175. The area is experiencing notable income growth, with median household income projected to increase 42% by 2028 and mean household income rising 64.5% over the past five years. This income trajectory supports rent growth potential while current median rents of $1,770 remain accessible to the local workforce.
Built in 1987, this property aligns with the neighborhood's average construction year of 1973, positioning it as moderately newer than surrounding stock. The vintage suggests potential for value-add improvements while avoiding the capital expenditure requirements of significantly older properties. Home values averaging $734,385 with 68% growth over five years create elevated ownership costs that reinforce rental demand and support tenant retention.
Population growth of 1.3% is projected through 2028, with households expected to increase 35.2% as household size trends smaller. This demographic shift expands the potential renter pool while the area's urban core designation provides access to employment centers throughout the Los Angeles metro.
Safety metrics show mixed trends that warrant monitoring in lease management strategies. Property crime rates rank in the bottom quartile among 1,441 metro neighborhoods at the 14th national percentile, though recent data indicates a 7.3% year-over-year decrease in property offenses. Violent crime rates also rank below metro averages at the 11th national percentile, with a 26.3% increase over the past year.
These crime statistics suggest the need for appropriate security measures and tenant screening protocols. Investors should factor security enhancements into capital planning and consider how safety perceptions may influence tenant retention and lease-up velocity in this urban core location.
The surrounding area benefits from proximity to established corporate offices and headquarters, providing workforce housing opportunities for employees across defense, utilities, and healthcare sectors.
- Airgas — industrial gases and welding supplies (2.6 miles)
- Time Warner Business Class — telecommunications services (3.6 miles)
- Raytheon Public Safety RTC — defense and aerospace (3.8 miles)
- Coca-Cola Downey — beverage operations (4.2 miles)
- Molina Healthcare — healthcare services (8.6 miles) — HQ
This Bellflower property presents a value-oriented multifamily investment with stable occupancy fundamentals and income growth tailwinds. The neighborhood's 96.8% occupancy rate exceeds metro medians, while projected household income growth of 42% through 2028 supports rent advancement potential. Commercial real estate analysis indicates the area benefits from strong renter demand driven by elevated homeownership costs and proximity to major employment centers.
The 1987 vintage positions the asset for potential value-add improvements without the extensive capital requirements of older properties. Demographics show expanding household formation with smaller household sizes, creating additional rental demand. However, investors should account for below-average safety metrics and potential security enhancement costs in underwriting and capital planning.
- Neighborhood occupancy rate of 96.8% ranks above metro median
- Median household income projected to grow 42% by 2028
- High homeownership costs reinforce rental demand
- 1987 vintage offers value-add potential with moderate capital needs
- Crime rates rank below metro averages requiring security considerations