| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 76th | Good |
| Demographics | 43rd | Fair |
| Amenities | 48th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 720 E Carson St, Carson, CA, 90745, US |
| Region / Metro | Carson |
| Year of Construction | 2011 |
| Units | 86 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
720 E Carson St Carson Multifamily Investment
2011-vintage asset in a high-cost ownership pocket of Los Angeles County where elevated home values sustain renter demand, according to WDSuite’s CRE market data. Proximity to major employers supports leasing depth while operations should emphasize tenant retention and pricing discipline.
Situated in Carson’s Urban Core, the property benefits from strong daily-needs access: neighborhood grocery and restaurant density ranks in the top decile nationally, and cafes are also abundant. These amenity concentrations help drive convenience-led leasing and support resident retention relative to less serviced locations, based on commercial real estate analysis from WDSuite at the neighborhood level.
Within a 3-mile radius, population and households have grown modestly in recent years and are projected to continue edging higher, expanding the tenant base. Median household incomes have risen meaningfully, which can underpin rent collections and support mid-market positioning. Forecasts indicate continued rent growth locally, suggesting operators should balance renewals with measured rent steps to manage affordability pressure.
Neighborhood-level ownership costs are elevated (home values score in the upper national percentiles), reinforcing reliance on multifamily rentals and supporting occupancy over time. Renter-occupied housing accounts for roughly one-third of units in the neighborhood, indicating a material but not saturated renter pool that can provide steady demand for well-managed communities.
The subject’s 2011 construction is newer than the neighborhood’s average 1995 vintage, offering competitive positioning versus older stock and potential savings on near-term capital expenditures; investors may still plan for systems modernization and light repositioning to meet current resident expectations. While the neighborhood’s occupancy metric has softened compared with five years ago and sits below national norms, property-level execution and amenity upgrades can help capture demand from households prioritizing convenience and commute access.
Neighborhood safety indicators trend below national averages, and the area ranks in the lower tier among 1,441 Los Angeles metro neighborhoods. Recent one-year estimates show an uptick in both property and violent offense rates, signaling the need for standard risk-management measures.
For investors, this typically means budgeting for on-site security practices (lighting, access controls, camera coverage) and resident engagement. Comparative framing is key: the neighborhood does not score in the top quartile nationally for safety, so operational focus on deterrence and visibility can support leasing stability and renewals.
The location sits near a diversified employer base that supports workforce housing demand and commute convenience for residents, including industrial gases, healthcare administration, consumer products, and beverage distribution.
- Air Products & Chemicals — industrial gases (2.2 miles)
- Molina Healthcare — healthcare administration (5.8 miles) — HQ
- Airgas — industrial gases (6.5 miles)
- Mattel — consumer products (9.6 miles) — HQ
- Coca-Cola Downey — beverage distribution (10.6 miles)
720 E Carson St offers 86 units built in 2011, giving it an edge versus older neighborhood inventory while remaining positioned for targeted modernization. Elevated neighborhood home values and rising household incomes within a 3-mile radius reinforce reliance on rentals, and nearby employment nodes deepen the tenant pool. According to CRE market data from WDSuite, neighborhood occupancy has eased relative to prior years, suggesting value will be driven by operational execution, resident retention, and thoughtful rent management rather than pure momentum.
Forward indicators point to a larger renter base over time—households are projected to increase and rents are expected to continue advancing—supporting steady demand for well-located product. Investors should underwrite standard security and amenity investments, leverage the property’s newer vintage for cost-effective upgrades, and target reliable, mid-market positioning that prioritizes renewals.
- 2011 vintage relative to a 1990s neighborhood average supports competitive positioning with manageable near-term capex.
- High-cost ownership market and rising local incomes sustain renter reliance and leasing depth.
- Proximity to diversified employers broadens the tenant base and supports retention.
- Underwrite operational focus: neighborhood occupancy softness and below-average safety call for security, renewal strategy, and disciplined pricing.