| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 77th | Good |
| Demographics | 48th | Fair |
| Amenities | 92nd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2222 Huntington Dr, Duarte, CA, 91010, US |
| Region / Metro | Duarte |
| Year of Construction | 1979 |
| Units | 112 |
| Transaction Date | 2009-02-04 |
| Transaction Price | $16,274,000 |
| Buyer | Hanes-Bradbury LLC |
| Seller | Bradbury Park Apartments |
2222 Huntington Dr Duarte Multifamily Investment
This 112-unit property benefits from strong neighborhood occupancy at 94.3% and elevated median rents of $2,433, according to CRE market data from WDSuite.
Located in Duarte's inner suburb neighborhood, this property operates in an area ranking in the top quartile nationally for amenities, with high-density access to grocers, cafes, and childcare facilities. The neighborhood maintains a 94.3% occupancy rate, positioning above the 67th percentile nationally and demonstrating stable rental demand. With 32% of housing units renter-occupied, the area provides a solid tenant base for multifamily properties.
Built in 1979, the property aligns with the neighborhood's average construction year, indicating consistent building stock that may present value-add renovation opportunities for investors seeking to modernize units and capture rent premiums. Median contract rents in the neighborhood reach $2,433, ranking in the 96th percentile nationally and reflecting strong pricing power in this Los Angeles County submarket.
Demographics within a 3-mile radius show a stable population of approximately 59,900 residents with a median household income of $93,200. Projections indicate population growth of 4.7% through 2028, along with a 43.8% increase in households, suggesting an expanding renter pool that supports occupancy stability. The area's median home value of $688,741 reinforces rental demand, as elevated ownership costs keep households in the rental market longer.
The neighborhood's rent-to-income ratio ranks in the 11th percentile nationally, indicating affordability pressure that requires careful lease management and renewal strategies. However, the area's strong amenity density and proximity to employment centers help maintain tenant retention despite cost considerations.
Crime metrics show the neighborhood ranking 1,049th among 1,441 Los Angeles metro neighborhoods, placing it in the 39th percentile nationally for safety. Property offense rates have declined 7.4% year-over-year, indicating improving trends, while violent crime rates remain relatively stable with a modest 0.7% increase.
These metrics suggest the area maintains moderate safety conditions compared to the broader metro region. Investors should consider security measures and tenant screening protocols as part of their operational strategy, while noting the positive trajectory in property crime reduction.
The property benefits from proximity to major corporate employers including energy, technology, and manufacturing companies that provide workforce housing demand within the Los Angeles metro area.
- Chevron — energy operations (6.2 miles)
- Edison International — utility services (9.1 miles) — HQ
- International Paper — manufacturing (14.1 miles)
- Ryder Vehicle Sales — transportation services (15.1 miles)
- LKQ — automotive parts (16.4 miles)
This 112-unit property constructed in 1979 presents value-add renovation opportunities in a neighborhood with demonstrated rental stability. The area's 94.3% occupancy rate and $2,433 median rents position above national averages, while commercial real estate analysis from WDSuite indicates strong fundamentals including top-quartile amenity access and proximity to major employment centers.
Demographic projections show population growth of 4.7% and household formation increasing 43.8% through 2028, expanding the potential tenant base within a 3-mile radius. However, the neighborhood's rent-to-income ratio in the 11th percentile nationally requires active lease management to maintain retention in this cost-pressured market.
- Above-average occupancy at 94.3% demonstrates stable rental demand
- 1979 construction year offers value-add renovation upside potential
- Projected 43.8% household growth through 2028 supports tenant pool expansion
- Top-quartile amenity access enhances tenant retention appeal
- Risk: Low rent-to-income ratio requires careful lease renewal management