| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 84th | Best |
| Demographics | 29th | Poor |
| Amenities | 29th | Poor |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 10045 Imperial Hwy, Downey, CA, 90242, US |
| Region / Metro | Downey |
| Year of Construction | 1985 |
| Units | 30 |
| Transaction Date | 1994-02-11 |
| Transaction Price | $1,935,000 |
| Buyer | ITT FEDERAL BANK FSB |
| Seller | ATTORNEYS EQUITY NATIONAL CORP |
10045 Imperial Hwy Downey CA Multifamily Investment
Neighborhood occupancy sits at the top of the Los Angeles metro, supporting durable cash flow potential, according to WDSuite s CRE market data. Elevated home values nearby further reinforce renter reliance on multifamily housing, positioning this asset for steady demand.
Located in Downey within Los Angeles County, the property benefits from a tight rental market: the neighborhood s occupancy ranks first among 1,441 metro neighborhoods, indicating limited vacancy risk and resilient leasing even through cycles, based on CRE market data from WDSuite.
Housing indicators benchmark in the top quartile nationally, while median home values in the neighborhood are elevated relative to U.S. norms. In practice, this high-cost ownership market tends to sustain multifamily demand and can support pricing power and lease retention when managed carefully.
Livability is mixed. Restaurant density is competitive compared with national peers and pharmacy access trends strong, but cafes, grocery stores, and parks are sparse at the neighborhood scale. Average school ratings trail national norms, which may require thoughtful positioning for family-oriented renters.
Within a 3-mile radius, households have grown in recent years and are projected to expand further, creating a larger tenant base over time. About half of housing units are renter-occupied in this radius, indicating a deep renter pool that supports absorption and occupancy stability at professionally managed multifamily communities.
Constructed in 1985, the asset is newer than the neighborhood average vintage. This position versus older local stock can aid competitiveness, though investors should still plan for systems modernization or targeted renovations as part of value preservation.
Safety signals are mixed in this Los Angeles metro neighborhood. Overall crime benchmarks below the U.S. median, but offense categories diverge: property offense metrics track in the top quartile nationally (safer relative to U.S. neighborhoods), while violent offense levels sit modestly above the national midpoint, according to WDSuite s CRE market data. Recent year-over-year changes have shown volatility, so prudent underwriting should consider trend monitoring rather than a single-year read.
Proximity to diversified employers supports renter demand and commute convenience, with exposure to defense technology, beverages and distribution, industrial packaging, and industrial gases reflected below.
- Raytheon Public Safety RTC defense & aerospace offices (0.8 miles)
- Coca-Cola Downey beverages & distribution (1.4 miles)
- International Paper industrial packaging (3.5 miles)
- Airgas industrial gases (4.1 miles)
- LKQ automotive parts distribution (4.1 miles)
This 30-unit, 1985-vintage community in Downey sits in a neighborhood with metro-leading occupancy, indicating durable demand and limited vacancy exposure. Elevated neighborhood home values reinforce reliance on rental housing, while restaurant and pharmacy access provide day-to-day convenience despite thinner cafe, grocery, and park counts.
Within a 3-mile radius, the renter pool is sizable and household counts have been rising, with forecasts pointing to further household growth that supports absorption and lease-up stability. According to CRE market data from WDSuite, rents in the area have trended upward, while a rent-to-income ratio near 31% suggests some affordability pressure a factor for lease management and renewal strategy rather than a deterrent to demand.
- Metro-leading neighborhood occupancy supports cash flow stability and low structural vacancy
- Elevated ownership costs in the area sustain multifamily renter demand and pricing power
- 1985 vintage offers relative competitiveness versus older local stock with targeted modernization potential
- Expanding household base within 3 miles underpins tenant pipeline and absorption
- Risks: thinner neighborhood amenities, below-average school ratings, and affordability pressure require active leasing and retention management