| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 85th | Best |
| Demographics | 74th | Best |
| Amenities | 61st | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 4821 Sepulveda Blvd, Culver City, CA, 90230, US |
| Region / Metro | Culver City |
| Year of Construction | 1991 |
| Units | 36 |
| Transaction Date | 1994-04-08 |
| Transaction Price | $2,850,000 |
| Buyer | GLENDALE FEDERAL BANK FSB |
| Seller | VERDUGO SERVICE CORP |
4821 Sepulveda Blvd Culver City Multifamily Investment
Neighborhood-level renter concentration is high and occupancy has been resilient for this Culver City Urban Core location, according to CRE market data from WDSuite, supporting stable tenant demand for a 36-unit asset. Metrics cited are measured for the surrounding neighborhood, not the property.
Culver City’s Urban Core setting offers strong daily-life access to cafes, groceries, and services, with neighborhood amenity density testing well above national averages. Cafes and restaurants cluster at levels comparable to the upper deciles nationally, which supports leasing appeal and day-to-day convenience for residents.
On a metro basis, the neighborhood ranks 242 out of 1,441 Los Angeles-Long Beach-Glendale neighborhoods (top quartile), signaling competitive fundamentals. Neighborhood occupancy is in the mid-90s and the share of renter-occupied housing is elevated, indicating a deep tenant base that can support marketing velocity and retention. Home values sit near the top of national distributions, a high-cost ownership backdrop that tends to reinforce reliance on multifamily rentals and sustain pricing power where product quality is competitive.
Construction in the immediate area skews older than this asset’s 1991 vintage (neighborhood average 1976). The relative recency can be a competitive advantage versus older stock, while still warranting targeted modernization of select systems and finishes as part of value-add planning.
Demographics within a 3-mile radius point to a high-income renter pool and gradual expansion in households, with projections indicating additional household growth over the next five years. This suggests a larger tenant base and supports occupancy stability. For investors seeking grounded commercial real estate analysis, these neighborhood dynamics align with defensive positioning in supply-constrained Westside submarkets, based on WDSuite’s CRE data.
Neighborhood safety trends are comparatively favorable versus many Los Angeles neighborhoods and sit above the national middle of the pack. The area is competitive among Los Angeles-Long Beach-Glendale neighborhoods (ranked 505 out of 1,441) and rates in the upper third nationally, indicating a generally stable environment for residents.
Recent year-over-year movement shows notable declines in both violent and property offense estimates, with improvement metrics placing the neighborhood in a high national percentile for momentum. As always, safety can vary by block and over time; investors should evaluate property-level measures and recent trend data alongside these neighborhood indicators.
The employment base nearby is anchored by technology, engineering, and entertainment employers that draw a broad professional workforce, supporting renter demand and commute convenience for residents. The list below highlights key nearby employers relevant to leasing and retention.
- Symantec — software/security offices (1.2 miles)
- Microsoft Offices The Reserves — technology offices (2.2 miles)
- Activision Blizzard — video games & media (3.1 miles) — HQ
- Southwest Airlines Counter — airline services (3.7 miles)
- AECOM — engineering & infrastructure (4.1 miles) — HQ
4821 Sepulveda Blvd benefits from a high-renter neighborhood with occupancy in the mid-90s and a high-cost ownership landscape that supports multifamily demand and lease retention. The 1991 vintage is newer than the local average, offering relative competitiveness versus older buildings while leaving room for targeted upgrades to enhance rent positioning.
Within a 3-mile radius, household counts have been expanding and are projected to increase further, indicating a larger tenant base and support for sustained occupancy. According to CRE market data from WDSuite, amenity access and income levels in this Westside location compare favorably at the metro and national levels, reinforcing the case for durable demand and measured rent growth.
- High renter-occupied housing share and resilient neighborhood occupancy support leasing stability
- 1991 vintage offers competitive positioning versus older nearby stock with value-add upside
- Proximity to diverse employers underpins demand from a professional renter base
- High-cost ownership market reinforces renter reliance, aiding pricing power for quality product
- Watch items: modest occupancy softening in recent years and block-level safety variation warrant ongoing monitoring