| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 76th | Good |
| Demographics | 43rd | Fair |
| Amenities | 48th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 535 E Carson St, Carson, CA, 90745, US |
| Region / Metro | Carson |
| Year of Construction | 1999 |
| Units | 84 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
535 E Carson St, Carson CA Multifamily Positioning
Positioned in an Urban Core pocket of Carson, this 84-unit asset benefits from strong everyday amenities and a high-cost ownership market that supports renter demand, according to WDSuite’s CRE market data. Neighborhood occupancy trends and renter concentration suggest steady leasing fundamentals with room for operational upside.
The immediate area offers daily convenience that underpins renter retention. Grocery access is top quartile nationally, and dining and cafés are also strong versus U.S. neighborhoods, while parks and pharmacies are limited. In the Los Angeles-Long Beach-Glendale metro, this neighborhood’s overall standing is competitive among peers but not top-tier (rank 679 of 1,441 metro neighborhoods, neighborhood rating: B), signaling balanced but not overheated fundamentals.
For investors, the ownership landscape is a key driver. Neighborhood home values sit well above many U.S. areas (national percentile near the upper deciles), and the value-to-income ratio trends high, which supports sustained reliance on multifamily rental options and can aid lease retention. Median household income in the neighborhood ranks in the upper metro half, reinforcing capacity for market-rate rents without relying on luxury positioning.
Construction characteristics also favor competitiveness. The subject property was built in 1999, a bit newer than the neighborhood’s average vintage (1995). That positioning can reduce near-term capital exposure versus older stock, though selective modernization may still be warranted to maintain pricing power and reduce turnover.
Renter demand signals are supported by tenure and demographics. The neighborhood’s share of renter-occupied housing units sits above many suburban pockets, indicating a meaningful tenant base. Within a 3-mile radius, population is stable and households have increased, pointing to a larger renter pool over time; forward-looking estimates show additional household growth alongside smaller average household sizes, which typically supports unit absorption and occupancy stability. Median contract rent in the 3-mile area has risen over the last five years, consistent with sustained demand.
Safety outcomes are mixed in this part of the Los Angeles metro. Compared with neighborhoods nationwide, this area sits below the median for safety (lower national percentiles), and within the metro it ranks in the lower tier (crime rank 1,198 out of 1,441 metro neighborhoods), indicating comparatively higher reported crime levels locally. Recent year-over-year estimates suggest modest increases in both property and violent offense rates.
For investors, this context argues for standard risk mitigation: controlled access, lighting, and active management. Properties that execute on security and community engagement often sustain occupancy and retention even in submarkets with softer safety readings.
Nearby employers provide a diversified employment base that supports renter demand and commute convenience for workforce households, including industrial gases, healthcare administration, consumer products, and beverage operations: Air Products & Chemicals, Molina Healthcare, Airgas, Mattel, and Coca-Cola Downey.
- Air Products & Chemicals — industrial gases (2.4 miles)
- Molina Healthcare — managed care (5.9 miles) — HQ
- Airgas — industrial gases (6.7 miles)
- Mattel — toy manufacturing (9.4 miles) — HQ
- Coca-Cola Downey — beverage operations (10.7 miles)
This 84-unit, 1999-vintage community in Carson sits in a convenience-oriented Urban Core location where elevated ownership costs reinforce multifamily demand. According to CRE market data from WDSuite, the neighborhood’s amenity access is strong for groceries, dining, and cafés, while limited park and pharmacy availability makes on-site amenities more impactful for retention. Neighborhood occupancy performance trails national medians, suggesting room for operational improvement via leasing, renewals, and targeted upgrades.
Demographic indicators within a 3-mile radius show stable population and growth in households, which expands the renter pool and supports absorption. The property’s slightly newer vintage versus local averages positions it competitively against older stock, with selective modernization likely to enhance rentability and reduce downtime. Investors should underwrite with prudent assumptions around safety and neighborhood variability, using management and asset improvements to balance risk and support durable cash flow.
- Urban Core location with strong daily needs access supports leasing stability
- High-cost ownership market reinforces renter reliance on multifamily housing
- 1999 construction offers competitive positioning with value-add modernization potential
- 3-mile household growth indicates a larger tenant base and supports occupancy
- Risk: safety metrics below metro average and limited parks/pharmacy access warrant active management