| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 76th | Fair |
| Demographics | 16th | Poor |
| Amenities | 64th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 15810 S Frailey Ave, Compton, CA, 90221, US |
| Region / Metro | Compton |
| Year of Construction | 2011 |
| Units | 30 |
| Transaction Date | 2004-07-07 |
| Transaction Price | $3,147,000 |
| Buyer | COMPTON SENIOR HOUSING LP |
| Seller | HUDSON HOLDING CORP |
15810 S Frailey Ave, Compton Multifamily Investment
Newer 2011 construction positions this 30-unit asset competitively in an older housing stock area, with neighborhood occupancy running strong according to CRE market data from WDSuite.
Located in an inner-suburb pocket of the Los Angeles metro, the neighborhood shows high renter demand and tight conditions. Neighborhood occupancy is competitive among Los Angeles-Long Beach-Glendale neighborhoods (ranked 190 of 1,441) and sits in the top quartile nationally, supporting lease stability for professionally managed multifamily.
The asset’s 2011 vintage is notably newer than the neighborhood’s mid-century average, offering an advantage versus older stock in the area. Investors should still plan for standard mid-life system updates over the hold, but the relative age helps on curb appeal and unit competitiveness.
Renter concentration is elevated (about 60% of housing units are renter-occupied), expanding the tenant pool for multifamily owners and supporting absorption and retention. Within a 3-mile radius, households have increased even as population edged down, indicating smaller household sizes and a broader base of households — a pattern that typically supports steady demand for rental units.
Local convenience is mixed: restaurants, groceries, and pharmacies index high versus national norms, while parks and cafes are sparse. Average school ratings trail national medians. Elevated home values relative to incomes in the neighborhood and metro context indicate a high-cost ownership market, which generally sustains reliance on rental housing and supports pricing power for well-maintained properties.
Safety outcomes in this neighborhood are below national and metro averages, with crime ranked 1,155 out of 1,441 Los Angeles-Long Beach-Glendale neighborhoods. That places the area outside competitive tiers locally and roughly in the lower third nationally. Recent year-over-year readings indicate declines in both violent and property offense rates, suggesting gradual improvement, but investors should underwrite with conservative assumptions and emphasize on-site security and resident engagement.
Proximity to a diverse employment base supports workforce housing demand and commuting convenience, anchored by industrial services, consumer goods, and healthcare administration nearby.
- Airgas — industrial gases & services (1.4 miles)
- Coca-Cola Downey — beverage operations (4.8 miles)
- Raytheon Public Safety RTC — defense & technology offices (5.0 miles)
- Air Products & Chemicals — industrial gases & chemicals (5.8 miles)
- Molina Healthcare — healthcare administration (8.5 miles) — HQ
This 2011-built, 30-unit community offers a favorable position in a tight, renter-oriented neighborhood where occupancy trends are strong. The property’s newer vintage versus a predominantly mid-century area provides competitive footing on physical plant and unit finishes, while elevated ownership costs in the neighborhood context reinforce reliance on multifamily rentals. Within a 3-mile radius, households have grown and are forecast to expand further even as population edges lower, a pattern that increases the tenant base and supports occupancy stability. According to CRE market data from WDSuite, the neighborhood’s occupancy performance ranks well locally and sits in the top quartile nationally, underscoring durable demand.
Amenities skew toward daily needs (restaurants, groceries, pharmacies), adding convenience for residents. Investors should balance these fundamentals against below-average safety metrics and modest school performance by underwriting security, turn costs, and targeted upgrades that sustain leasing velocity and retention.
- Strong neighborhood occupancy and elevated renter concentration support leasing stability
- 2011 vintage outcompetes older local stock; plan for routine mid-life system updates
- High-cost ownership landscape reinforces multifamily demand and pricing power
- 3-mile household growth and forecast expansion broaden the renter pool over time
- Risk: below-median safety and school ratings warrant conservative underwriting and property-level mitigation