| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 82nd | Best |
| Demographics | 88th | Best |
| Amenities | 91st | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 910 E Grand Ave, El Segundo, CA, 90245, US |
| Region / Metro | El Segundo |
| Year of Construction | 1979 |
| Units | 35 |
| Transaction Date | 2017-10-01 |
| Transaction Price | $17,200,000 |
| Buyer | Lozano Trust |
| Seller | Grand Esd LLC |
910 E Grand Ave El Segundo Multifamily Investment
This 35-unit property benefits from El Segundo's high-income demographics and proximity to major corporate employers. Neighborhood-level occupancy remains stable at 92.5%, supporting steady rental demand according to WDSuite's CRE market data.
El Segundo's Urban Core location delivers strong fundamentals for multifamily investors, ranking 23rd among 1,441 Los Angeles metro neighborhoods with an A+ rating. The area attracts high-income professionals, with neighborhood median household income of $151,629 ranking in the 94th percentile nationally. Demographics within a 3-mile radius show household income growth of 32.3% over five years, expanding the pool of qualified renters.
Built in 1979, this property aligns with the neighborhood's average construction year of 1976, positioning it for targeted value-add renovations without obsolescence concerns. Median contract rents of $2,287 in the immediate area rank in the 95th percentile nationally, while the rent-to-income ratio remains manageable at 0.18, supporting tenant retention and pricing power.
The neighborhood demonstrates exceptional amenity density with 5.47 parks per square mile ranking in the 99th percentile nationally, plus above-average access to grocery stores, cafes, and childcare facilities. School ratings average 5.0 out of 5, ranking first among metro neighborhoods. These lifestyle amenities enhance tenant appeal and support lease-up velocity in this competitive rental market.
Safety metrics present a mixed profile for investor consideration. The neighborhood ranks 850th of 1,441 Los Angeles metro neighborhoods for overall crime, placing it near the metro median with a 49th percentile nationally. Property crime rates have declined 19.5% year-over-year, indicating improving trends that may support tenant retention.
Violent crime remains relatively low at 24 incidents per 100,000 residents, ranking in the 56th percentile nationally. While recent violent crime trends show a modest 6% increase, the absolute rates remain below many urban markets. Investors should monitor these metrics as part of ongoing asset management and tenant screening protocols.
El Segundo's employment base centers on major corporate headquarters and offices, creating stable demand for workforce housing among high-income professionals. The area benefits from proximity to established employers across technology, entertainment, and consumer goods sectors.
- Mattel — toy manufacturing and consumer goods (0.8 miles) — HQ
- Southwest Airlines Counter — aviation services (2.0 miles)
- Microsoft Offices The Reserves — technology (4.1 miles)
- Symantec — cybersecurity and software (4.8 miles)
- Abbott Laboratories — healthcare and medical devices (7.3 miles) — HQ
This El Segundo property offers compelling fundamentals driven by high-income demographics and corporate employment density. Demographics within a 3-mile radius show strong household income growth and forecast population expansion of 3.2% through 2028, supporting sustained rental demand. The 1979 construction year aligns with neighborhood norms while creating value-add renovation opportunities to capture higher rents in this 95th percentile rent market.
Neighborhood-level occupancy of 92.5% demonstrates market stability, while proximity to major employers like Mattel headquarters and Microsoft offices provides tenant base diversity. According to multifamily property research from WDSuite, the area's A+ rating reflects strong investment fundamentals across demographics, amenities, and housing metrics.
- High-income tenant base with median household income in 94th percentile nationally
- Stable 92.5% neighborhood occupancy supporting consistent cash flow
- Value-add potential through renovations in premium rent market
- Proximity to major corporate employers enhances tenant retention
- Risk: Property crime levels require ongoing security assessment and management