| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 85th | Best |
| Demographics | 74th | Best |
| Amenities | 61st | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 4620 S Slauson Ave, Culver City, CA, 90230, US |
| Region / Metro | Culver City |
| Year of Construction | 1988 |
| Units | 28 |
| Transaction Date | 2006-02-08 |
| Transaction Price | $4,725,454 |
| Buyer | ISAAC EZIE |
| Seller | SHAWBETH INC |
4620 S Slauson Ave Culver City Multifamily Investment
Neighborhood occupancy trends in the mid-90s suggest durable cash flow potential, according to WDSuite’s CRE market data, with renter demand supported by high ownership costs and strong incomes in Culver City.
Location & neighborhood positioning: The property sits within an Urban Core pocket of Culver City rated A-, placing it in the top quartile among 1,441 Los Angeles-Long Beach-Glendale metro neighborhoods. This standing reflects balanced fundamentals that typically support leasing stability and rent growth management for multifamily assets.
Amenities & daily needs: Amenity access is solid, with food-and-beverage options competitive nationally—cafes and restaurants index near the top decile, which helps with resident convenience and retention. However, neighborhood park and pharmacy counts are limited, so on-site offerings and partnerships for wellness and convenience services can be a differentiator.
Rents, occupancy, and tenure: Neighborhood occupancy is in the mid-90s, and rents have risen materially over the past five years according to WDSuite’s commercial real estate analysis. Roughly two-thirds of housing units are renter-occupied, indicating a deep tenant base that supports demand for professionally managed multifamily.
Demographics within 3 miles: Households have grown recently and are projected to expand further, pointing to a larger tenant base over the next cycle. Median incomes track well above national norms, while a moderate rent-to-income profile suggests manageable affordability pressure—factors that can support occupancy stability and renewal rates. Elevated home values in this submarket reinforce renter reliance on multifamily housing, sustaining demand even as new supply competes for lease-up.
Vintage & asset positioning: Built in 1988 versus a neighborhood average vintage from the mid-1970s, the asset skews newer than much of the surrounding stock. That typically enhances competitive positioning against older buildings, while still warranting targeted capital planning for aging systems and potential value-add finishes.
Safety indicators are mixed but generally favorable for investors evaluating operating stability. Overall crime conditions read in the upper third nationally, with property and violent subtypes showing different patterns. Notably, both property and violent offense rates posted substantial year-over-year declines, indicating improving trends that can support resident satisfaction and renewal prospects.
As with any Urban Core location, monitoring micro-area dynamics and maintaining visible property management practices can help sustain the neighborhood’s improving trajectory without relying on block-level conclusions.
Proximity to technology, entertainment, and healthcare employers supports a sizable commuter tenant base and underpins leasing velocity for workforce and professional renters. Nearby anchors include Symantec, Microsoft, Activision Blizzard, Southwest Airlines, and Abbott Laboratories.
- Symantec — software & cybersecurity (1.4 miles)
- Microsoft Offices The Reserves — technology offices (1.7 miles)
- Activision Blizzard — interactive entertainment (2.8 miles) — HQ
- Southwest Airlines Counter — airline services (3.5 miles)
- Abbott Laboratories — healthcare & life sciences (4.2 miles) — HQ
This 28-unit, 1988-vintage asset benefits from a renter-heavy Culver City neighborhood where occupancy trends hover in the mid-90s and household incomes are strong. Elevated ownership costs in the area reinforce multifamily reliance, while a moderate rent-to-income profile supports retention and pricing discipline. According to CRE market data from WDSuite, the neighborhood ranks in the top quartile of the Los Angeles metro, aided by robust amenity access and a deep base of renter-occupied units.
Being newer than much of the surrounding stock provides a competitive edge versus 1970s-vintage properties, with a clear path for targeted value-add through systems upgrades and interior refreshes. Forward demographic indicators within a 3-mile radius point to continued renter pool expansion, supporting occupancy stability over the hold, while limited parks/pharmacies and urban-core variability remain manageable considerations for operations.
- Renter-heavy area and mid-90s neighborhood occupancy support durable leasing
- 1988 construction offers competitive positioning with value-add upside through modernization
- High ownership costs and strong incomes reinforce multifamily demand and retention
- Operational watch-items: limited parks/pharmacies and typical Urban Core variability