| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 81st | Best |
| Demographics | 90th | Best |
| Amenities | 91st | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 732 W Imperial Ave, El Segundo, CA, 90245, US |
| Region / Metro | El Segundo |
| Year of Construction | 1973 |
| Units | 42 |
| Transaction Date | 2012-03-24 |
| Transaction Price | $5,965,059 |
| Buyer | CRAEMER RAY L |
| Seller | C & M RUSSELL LLC |
732 W Imperial Ave El Segundo Multifamily Investment
Neighborhood fundamentals point to a deep renter-occupied base and stable occupancy supported by high household incomes, according to WDSuite’s CRE market data.
Positioned in El Segundo within the Los Angeles-Long Beach-Glendale metro, the property benefits from an Urban Core neighborhood rated A+ and ranked 19th among 1,441 metro neighborhoods—competitive among Los Angeles neighborhoods. Amenity access is strong, with parks, restaurants, cafes, and pharmacies each in high national percentiles, supporting day-to-day livability that helps leasing and retention.
Multifamily demand is underpinned by a renter-occupied share near the majority locally (neighborhood metric) alongside a neighborhood occupancy rate in the low-90% range, which sits above the national midpoint based on WDSuite’s data. Median contract rents in the neighborhood are elevated relative to most U.S. areas, yet rent-to-income levels indicate manageable affordability for the local income profile—favorable for pricing power while still requiring disciplined lease management.
Demographic statistics are aggregated within a 3-mile radius and show population and household growth over the past five years, with additional gains projected through the next period. Rising household counts and a modestly smaller average household size suggest a larger tenant base and continued renter pool expansion that can support occupancy stability.
Home values in the neighborhood rank near the top nationally, signaling a high-cost ownership market. In this context, elevated ownership costs typically sustain reliance on rental housing, which can aid lease retention and reduce turnover, particularly for well-located workforce and professional households.
Safety indicators show a mixed but generally stable picture. Relative to the Los Angeles metro, the neighborhood’s crime rank (1108 out of 1,441) compares favorably, while national positioning sits below the median on composite measures. Violent-offense trends show improvement year over year, and property-offense levels are an area to monitor. For investors, this suggests competitive positioning locally with an emphasis on standard security measures and resident communication.
- Southwest Airlines Counter — aviation operations (1.9 miles)
- Mattel — toys & entertainment (2.1 miles) — HQ
- Microsoft Offices The Reserves — software (3.1 miles)
- Symantec — cybersecurity (4.5 miles)
- Abbott Laboratories — healthcare & medical devices (6.0 miles) — HQ
The investment case centers on durable renter demand in a high-amenity, high-income pocket of the Los Angeles metro. Neighborhood metrics indicate a majority renter-occupied housing mix and occupancy in the low-90% range, with home values near the top nationally reinforcing reliance on multifamily. Population and household growth within a 3-mile radius point to a larger tenant base ahead, while rent-to-income levels suggest room for disciplined rent management, based on CRE market data from WDSuite.
Built in 1973, the asset may benefit from targeted capital improvements to enhance competitiveness versus newer stock, creating potential value-add upside through unit modernization and operational efficiencies. Execution should account for standard property-security practices and careful lease management given mixed national safety positioning and competitive local supply dynamics.
- High-income, amenity-rich location supporting stable tenant demand and retention
- Majority renter-occupied neighborhood with occupancy around the low-90% range
- Household and population growth (3-mile radius) expanding the renter pool
- 1973 vintage offers value-add potential through selective renovations
- Risks: property-offense exposure and competition from newer assets call for focused operations