| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 78th | Good |
| Demographics | 76th | Best |
| Amenities | 97th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 3838 Vinton Ave, Culver City, CA, 90232, US |
| Region / Metro | Culver City |
| Year of Construction | 1987 |
| Units | 39 |
| Transaction Date | 1996-05-13 |
| Transaction Price | $2,000,000 |
| Buyer | VINTO LLC |
| Seller | FNB REAL ESTATE CORP |
3838 Vinton Ave Culver City Multifamily Investment
High renter concentration in the neighborhood and a deep amenities base suggest resilient leasing fundamentals, according to WDSuite’s CRE market data. Metrics cited refer to neighborhood conditions, not the property’s own occupancy.
Situated in Culver City’s Urban Core, the neighborhood ranks 47 out of 1,441 Los Angeles metro neighborhoods (A+ rating), placing it well above the metro median for overall investment appeal. Amenity access is a standout: cafes, restaurants, groceries, parks, and pharmacies are all in top national percentiles, which supports resident retention and daily convenience for renters.
The area skews renter-heavy, with a renter-occupied share among the highest in the nation (99th percentile), signaling a deep tenant base for multifamily. Neighborhood median contract rents and NOI per unit sit in high national percentiles, indicating durable demand and pricing power for well-positioned assets. Meanwhile, elevated home values (97th percentile nationally) characterize a high-cost ownership market, which tends to sustain reliance on rental housing and can support lease stability.
Property vintage locally averages 1972; the subject’s 1987 construction is newer than the neighborhood norm, offering relative competitiveness versus older stock while still allowing for targeted modernization to enhance renter appeal or reduce future capital surprises. School ratings in the area trend below national averages, which may influence family-driven demand, but the strong amenities footprint and employment access offset some of that friction for core renter cohorts.
Demographics aggregated within a 3-mile radius show modest population softness in recent years but a forecasted increase in both population and households over the next five years, paired with slightly smaller average household sizes. For investors, this points to renter pool expansion and a broader tenant base, supporting occupancy stability and absorption for well-maintained, correctly positioned units.
Neighborhood safety indicators compare favorably in a national context, with overall crime positioning around the upper quartile nationwide. Within the Los Angeles metro, this profile is competitive among 1,441 neighborhoods. Recent year-over-year declines in both property and violent offense estimates (each showing strong improvement nationally) suggest a constructive trend, though conditions can vary block to block and should be validated during diligence.
Proximity to major corporate offices underpins renter demand and commute convenience for professionals, with concentration in technology, engineering, and entertainment. The following nearby employers are most relevant to day-to-day leasing dynamics.
- Symantec — cybersecurity (2.4 miles)
- AECOM — engineering & infrastructure (2.8 miles) — HQ
- Activision Blizzard — interactive entertainment (2.9 miles) — HQ
- Activision Blizzard Studios — production studio (3.2 miles)
- Microsoft Offices The Reserves — software & cloud offices (3.4 miles)
3838 Vinton Ave is a 39‑unit asset built in 1987, positioned in a Culver City neighborhood that ranks above the metro median for overall appeal and sits near top national percentiles for amenities. The submarket’s renter-occupied share is among the highest nationally, and elevated for-sale home values point to a high-cost ownership market that can support rental demand depth and pricing resilience. According to CRE market data from WDSuite, neighborhood-level rents and NOI per unit trend in high national percentiles, reinforcing the case for sustained leasing performance when product is maintained and appropriately amenitized.
Forward-looking demographics within a 3-mile radius indicate growth in population and a notable increase in households alongside slightly smaller household sizes, expanding the tenant base and supporting occupancy stability for well-kept units. While school ratings trail national norms and rent-to-income dynamics warrant attentive renewal strategies, the combination of strong amenities, employer access, and a vintage that is newer than local averages provides a clear value-add and operational optimization path.
- Renter-heavy neighborhood and high-cost ownership market support durable tenant demand
- 1987 vintage is newer than local average, with targeted modernization upside
- Amenity-rich Urban Core location and proximity to major employers aid retention
- 3-mile demographics point to household growth and a broader renter pool
- Risks: below-average school ratings and rent-to-income pressures require active lease management