| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 71st | Poor |
| Demographics | 34th | Poor |
| Amenities | 47th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2126 N Bullis Rd, Compton, CA, 90221, US |
| Region / Metro | Compton |
| Year of Construction | 1985 |
| Units | 66 |
| Transaction Date | 2004-01-17 |
| Transaction Price | $728,500 |
| Buyer | COMPTON HOLDINGS LLC |
| Seller | DALY JOHN L |
2126 N Bullis Rd Compton Multifamily Investment
This 66-unit property built in 1985 benefits from solid neighborhood occupancy rates at 95.1% and strong rental demand fundamentals according to WDSuite's CRE market data.
This Compton neighborhood ranks in the top quartile nationally for grocery store access with 5.03 stores per square mile, supporting tenant convenience and retention. The area maintains competitive fundamentals among Los Angeles metro neighborhoods, with a 95.1% occupancy rate that outperforms many submarkets despite recent modest declines.
The 1985 construction year aligns with the neighborhood average built in 1954, positioning this asset for potential value-add opportunities through strategic renovations and unit improvements. Demographic data within a 3-mile radius shows a stable renter base with 50.2% of housing units occupied by renters, supporting consistent multifamily demand.
Median household income of $67,971 has grown 41.6% over five years, while contract rents increased 27.6% to $1,378, indicating improving affordability dynamics. Forecasted income growth to $101,793 by 2028 suggests strengthening tenant purchasing power and potential for measured rent increases, though investors should monitor the current rent-to-income ratio for lease renewal considerations.
Property crime rates in this neighborhood rank 1,234th among 1,441 Los Angeles metro neighborhoods, placing it in the lower quartile for safety metrics. However, recent trends show a 6.1% decline in property offense rates, indicating improving conditions that may support tenant retention and property values over time.
Violent crime rates remain elevated relative to metro averages, ranking in the bottom 12th percentile nationally. Investors should factor security considerations into property management strategies and may find opportunities to enhance tenant appeal through improved lighting, access controls, or community safety initiatives.
The surrounding area benefits from proximity to established corporate offices that provide workforce housing demand, including industrial and healthcare employers within commuting distance.
- Airgas — industrial gases and equipment (2.9 miles)
- Coca-Cola Downey — beverage manufacturing (4.9 miles)
- Raytheon Public Safety RTC — defense technology (5.3 miles)
- Molina Healthcare — healthcare services (9.9 miles) — HQ
This 66-unit property offers value-add potential through its 1985 vintage, allowing for strategic capital improvements while benefiting from neighborhood occupancy stability at 95.1%. Income growth trends within the 3-mile radius, with household incomes projected to reach $101,793 by 2028, support long-term rental demand and potential rent optimization opportunities.
The location provides access to strong employment centers including healthcare and industrial employers, while the neighborhood's improving property crime trends and high grocery store density enhance tenant appeal. Commercial real estate analysis from WDSuite indicates competitive fundamentals among Los Angeles metro neighborhoods, though investors should account for security considerations in operational planning.
- Strong neighborhood occupancy at 95.1% supports stable cash flow potential
- Value-add opportunities through 1985 vintage property improvements
- Growing household incomes projected to increase 49.8% by 2028
- Risk consideration: Below-average safety metrics require enhanced security planning