| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 85th | Best |
| Demographics | 74th | Best |
| Amenities | 61st | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 4751 S Sepulveda Blvd, Culver City, CA, 90230, US |
| Region / Metro | Culver City |
| Year of Construction | 1989 |
| Units | 42 |
| Transaction Date | 2003-09-29 |
| Transaction Price | $4,149,500 |
| Buyer | SEPULVEDA MARINA HOLDINGS LLC |
| Seller | GREENLAWN PROPERTY LLC |
4751 S Sepulveda Blvd, Culver City Multifamily Investment
Neighborhood data points to durable renter demand and above-median occupancy for this Culver City location, according to WDSuite’s CRE market data. Metrics cited reflect neighborhood conditions rather than the property and indicate a high-cost ownership market that can support retention and pricing power.
The property sits in an Urban Core node that ranks in the top quartile among 1,441 Los Angeles-Long Beach-Glendale metro neighborhoods (A- neighborhood rating). Local conditions favor multifamily with a high renter-occupied share across housing units (68.1% at the neighborhood level), signaling depth in the tenant base and potential stability in leasing.
Neighborhood occupancy is strong at the area level and tracks above many U.S. submarkets, supporting cash flow consistency, though it has edged down modestly in recent years. Average net operating income per unit for assets in the area benchmarks among the highest nationally, reinforcing rent-paying capacity in the submarket context (based on CRE market data from WDSuite).
Daily convenience is a relative strength: cafes and restaurants score in the upper national percentiles, and grocery access is also above national norms. Childcare density is especially strong, which can broaden renter appeal. Park and pharmacy counts within the immediate neighborhood are limited, so residents may rely on nearby districts for those services.
Within a 3-mile radius, demographics show a larger, higher-income renter pool with recent household growth and projections for further increases over the next five years. Elevated home values (top national percentile at the neighborhood level) indicate a high-cost ownership market, which tends to sustain multifamily demand and can support lease retention. Median rents are elevated locally, yet rent-to-income levels suggest manageable affordability pressure for many households, a constructive setup for renewal strategies.
Vintage context: the property was built in 1989, newer than the neighborhood’s average 1976 construction year. That relative youth can enhance competitiveness versus older stock, though investors should plan for aging systems and selective modernization to meet current renter expectations.
Neighborhood safety indicators compare favorably against many U.S. neighborhoods, with overall conditions around the upper third nationally. Within the Los Angeles-Long Beach-Glendale metro, the area is competitive relative to peer neighborhoods. Recent trend data shows notable year-over-year declines in both violent and property offense rates at the neighborhood level, which supports leasing stability without making block-level claims.
As always, safety varies by block and time of day. Investors should pair these metro-relative and national-percentile signals with on-the-ground diligence and property-level history to inform underwriting and asset management plans.
The location benefits from proximity to major corporate employment across technology, entertainment, engineering, and air travel, supporting a steady renter pipeline and convenient commutes for residents. Listed below are notable nearby employers referenced in this analysis.
- Symantec — software & cybersecurity offices (1.3 miles)
- Microsoft Offices The Reserves — technology offices (2.2 miles)
- Activision Blizzard — interactive entertainment (3.1 miles) — HQ
- Southwest Airlines Counter — air travel services (3.7 miles)
- AECOM — engineering & infrastructure (4.0 miles) — HQ
Positioned in a top-quartile Los Angeles metro neighborhood, 4751 S Sepulveda Blvd benefits from a deep renter base and above-median neighborhood occupancy. Elevated home values in the area reinforce reliance on multifamily rentals, while household growth within a 3-mile radius expands the future renter pool and supports lease-up and renewal strategies. According to CRE market data from WDSuite, neighborhood-level income benchmarks and amenity access are supportive of sustained demand.
Built in 1989, the asset is newer than the typical local vintage, offering relative competitiveness against older stock while still warranting capital planning for system updates and targeted renovations. Limited nearby parks and pharmacies, and a modest softening in neighborhood occupancy, are underwriting considerations, but proximity to diverse employment centers helps mitigate demand volatility.
- Deep neighborhood renter concentration supports tenant base depth and leasing durability.
- Above-median neighborhood occupancy and strong income fundamentals aid cash flow stability.
- High-cost ownership market sustains rental demand and renewal potential.
- 1989 vintage offers competitive positioning versus older stock, with value-add through selective modernization.
- Risks: limited park/pharmacy presence nearby and slight occupancy softening warrant prudent asset management.