| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 83rd | Best |
| Demographics | 52nd | Fair |
| Amenities | 98th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 143 S Isabel St, Glendale, CA, 91205, US |
| Region / Metro | Glendale |
| Year of Construction | 1999 |
| Units | 41 |
| Transaction Date | 1998-09-25 |
| Transaction Price | $627,000 |
| Buyer | SENIOR AFFORDABLEE HOUSING CORP #1 |
| Seller | ARMENIAN EDUCATIONAL FOUNDATION |
143 S Isabel St Glendale Multifamily Investment
Positioned in Glendale an Urban Core pocket with strong renter demand and high neighborhood occupancy the asset offers durable leasing fundamentals, according to CRE market data from WDSuite.
Located in Glendale within the Los Angeles-Long Beach-Glendale metro, the neighborhood carries an A rating and ranks 140 out of 1,441 metro neighborhoods competitive among Los Angeles-Long Beach-Glendale neighborhoods for livability and income potential. Amenity access is a clear strength: restaurants, groceries, and pharmacies score in the top national percentiles, supporting daily convenience and walkable lifestyles that help stabilize occupancy, per WDSuite s commercial real estate analysis.
For investors, the rental market signals are constructive. The neighborhood s occupancy trend remains above the metro median with improvement over the last five years, and the local housing stock shows a very high share of renter-occupied units indicating depth of tenant demand for multifamily. Median contract rents in the neighborhood sit in higher national percentiles, consistent with a high-cost ownership market that typically sustains renter reliance on apartments and supports lease retention.
Demographics are aggregated within a 3-mile radius and point to a stable renter base: overall population has edged down slightly while the number of households has increased, implying smaller household sizes and a gradual renter pool expansion. Forecasts show households continuing to rise alongside higher median incomes, which can support rent growth management and occupancy stability even as residents balance affordability pressure.
Vintage context matters: the property s 1999 construction is newer than the neighborhood s average vintage (late 1960s). That positioning typically competes well against older stock, though investors should plan for ongoing modernization and system updates over the hold period to maintain relative advantage.
Safety metrics, framed at the neighborhood level, indicate comparatively solid conditions versus many urban peers. The neighborhood s crime profile sits around the upper-mid national percentiles (safer than the median), with property offense rates performing in a strong national percentile range. Within the Los Angeles-Long Beach-Glendale metro, the area s crime rank is closer to the better-performing half of 1,441 neighborhoods, signaling a setting that supports leasing and resident retention without requiring a premium safety narrative.
Recent-year trends show improvement in property-related incidents but some volatility in violent offense measures. Investors should monitor trend direction rather than single-year spikes, and align security practices and insurance planning accordingly. Overall, the comparative standing remains favorable for an Urban Core location and consistent with stable multifamily operations.
Proximity to major employers supports a broad white-collar tenant base and commute convenience, reinforcing leasing stability for workforce and professional renters. Key nearby employers include Avery Dennison, Disney, Radio Disney, Live Nation Entertainment, and Microsoft.
- Avery Dennison materials & packaging (0.95 miles) HQ
- Disney media & entertainment (4.43 miles) HQ
- Radio Disney media (5.33 miles)
- Live Nation Entertainment entertainment offices (6.20 miles)
- Microsoft technology offices (6.34 miles)
143 S Isabel St offers 41 units averaging roughly 800 square feet, positioned in a high-demand Urban Core neighborhood where occupancy is above the metro median and amenities rank among the best nationally. Elevated home values in the area reinforce reliance on multifamily rentals, while a high local renter-occupied share points to a deep tenant base and durable leasing. According to CRE market data from WDSuite, neighborhood NOI per unit benchmarks are strong relative to national peers, underscoring potential for stable operations.
Constructed in 1999, the asset is newer than much of the surrounding stock, which can support competitive positioning versus older properties. Investors should still underwrite routine modernization over the hold to sustain rentability. Within a 3-mile radius, households are increasing and median incomes are trending higher, indicating support for occupancy stability and measured rent strategies, even as affordability pressures require active lease and renewal management.
- Urban Core location with occupancy above metro median and strong amenity access
- Newer 1999 vintage versus local stock, supporting competitive positioning
- High renter-occupied presence and nearby major employers deepen tenant demand
- Rising household incomes within 3 miles support retention and pricing discipline
- Risk: affordability pressure and safety trend volatility warrant proactive management