| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 77th | Good |
| Demographics | 48th | Fair |
| Amenities | 92nd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1171 Encanto Pkwy, Duarte, CA, 91010, US |
| Region / Metro | Duarte |
| Year of Construction | 2001 |
| Units | 36 |
| Transaction Date | 1997-04-22 |
| Transaction Price | $456,884 |
| Buyer | LIN CHAUR HWAN |
| Seller | MAJESTIC HANDRICRAFTS COMPANY |
1171 Encanto Pkwy Duarte 36-Unit Multifamily Opportunity
2001 vintage positions the asset competitively versus older local stock, with neighborhood occupancy measured at the neighborhood level showing solid stability according to WDSuite's CRE market data.
Situated in Duarte’s inner suburb setting, the property benefits from a neighborhood rated A- (ranked 261 among 1,441 Los Angeles metro neighborhoods), signaling strong overall livability drivers for renters and investors. Compared with the metro, this pocket is competitive and nationally performs in the top quartile on amenities, helping support day-to-day convenience and tenant retention.
Local amenity access is a relative strength: cafes, grocery options, parks, and pharmacies track in high national percentiles, which tends to reinforce leasing velocity and renewal prospects. Average school ratings in the area are lower versus national peers, an item to consider for family-oriented leasing strategies.
Construction year matters for positioning. With a 2001 build relative to a neighborhood average of 1978, the asset is newer than much of the surrounding housing stock—often translating to curb appeal and fewer immediate modernization needs versus older comparables, though investors should still plan for standard system updates as the property ages.
Renter-occupied share at the neighborhood level is about one-third of housing units, indicating a meaningful but not saturated renter base. Within a 3-mile radius, renter concentration is closer to two-fifths, which broadens the tenant pool for a 36-unit property and supports demand depth over time based on multifamily property research from WDSuite.
Neighborhood occupancy is in the mid-90s, and median contract rents benchmark high nationally, while rent-to-income metrics indicate relatively manageable resident rent burdens in this area. Elevated ownership costs regionally reinforce reliance on rental options, which can support pricing power and lease retention for well-managed assets.
Safety indicators for the neighborhood sit below the national midpoint and below the metro average, based on WDSuite's data. Recent trends show property offenses easing modestly year over year, while violent incidents were roughly steady, suggesting conditions are not static but deserve ongoing monitoring.
For investors, the takeaway is risk management rather than avoidance: emphasize on-site lighting, access controls, and resident engagement to support leasing and retention. Comparatively, this area does not rank among the top quartile nationally, but directional improvements in property-related incidents can aid long-run stability if reinforced by property-level operations.
The area draws on a diverse employment base across energy, utilities, logistics, and manufacturing, supporting steady renter demand and commute convenience for workforce housing. Nearby anchors include Chevron, Edison International, Ryder Vehicle Sales, International Paper, and United Technologies.
- Chevron - energy (6.8 miles)
- Edison International - utilities (9.8 miles) - HQ
- Ryder Vehicle Sales - logistics (14.5 miles)
- International Paper - paper and packaging (14.6 miles)
- United Technologies - diversified industrials (16.4 miles)
This 36-unit, 2001-built asset is positioned in an inner-suburb neighborhood with strong amenity access and solid neighborhood occupancy, supporting durable leasing fundamentals relative to older nearby stock. High regional ownership costs and neighborhood-level rents that benchmark strongly nationally point to sustained renter reliance, while rent-to-income levels suggest manageable affordability pressure that can aid retention and disciplined rent management.
Within a 3-mile radius, projections indicate growth in households alongside smaller average household sizes over the next five years, expanding the renter pool even as population growth is modest. Coupled with rising household incomes and steady employer anchors, the submarket backdrop supports long-term demand; based on commercial real estate analysis from WDSuite, the focus for this asset is steady operations and targeted upgrades rather than heavy repositioning.
- 2001 vintage offers competitive positioning versus older neighborhood stock, with typical mid-term system updates to plan for.
- Strong amenity access and solid neighborhood occupancy support leasing velocity and renewals.
- High ownership costs and manageable rent-to-income dynamics underpin renter demand and pricing power.
- Risks: below-median safety metrics and lower school ratings require proactive property management and tenant engagement.