| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 84th | Best |
| Demographics | 52nd | Fair |
| Amenities | 56th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 726 E Colorado Ave, Glendora, CA, 91740, US |
| Region / Metro | Glendora |
| Year of Construction | 1985 |
| Units | 45 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
726 E Colorado Ave Glendora Multifamily Investment
Neighborhood occupancy remains exceptionally high and ownership costs are elevated, pointing to durable renter demand around 726 E Colorado Ave, according to WDSuite’s CRE market data. The asset’s Inner Suburb location supports steady leasing and retention relative to the broader Los Angeles metro.
The property sits in an Inner Suburb of the Los Angeles-Long Beach-Glendale metro with a B+ neighborhood rating and occupancy measured for the neighborhood at 99.6%, which places it in the top quartile among 1,441 metro neighborhoods and in the upper tier nationally. High neighborhood NOI per unit also ranks in the top quartile locally, reinforcing income stability for well-positioned multifamily assets.
At the 3-mile level (aggregated radius), demographics are steady: total population has been essentially flat over the past five years while household counts increased, indicating smaller average household sizes and a broader base of housing demand. Projections show households continuing to rise with smaller sizes, which typically expands the renter pool and supports occupancy and lease-up consistency even if population growth moderates.
Tenure patterns point to deep multifamily demand: roughly half of neighborhood housing units are renter-occupied, indicating a sizable base of prospective tenants and ongoing absorption potential. Elevated home values relative to incomes characterize a high-cost ownership market, which can sustain renter reliance on multifamily housing and support pricing power where unit quality and location fundamentals are competitive.
Local amenities are a mixed but investable profile. Parks access is strong (top-quartile standing within the metro), with competitive density of cafes and childcare options versus peer neighborhoods. However, grocery and pharmacy options are limited within the immediate neighborhood, suggesting residents may rely on nearby districts for daily needs—an operational consideration for positioning and resident services.
Vintage matters for competitiveness: neighborhood housing skews to an earlier era (average 1971), while this asset’s 1985 construction is newer than the local average. That relative positioning can reduce near-term functional obsolescence compared with older stock, while still leaving room for targeted modernization to capture value-add upside and support retention.
Safety outcomes compare modestly against national norms: the neighborhood sits below the metro median on crime rankings, indicating higher incident rates relative to many Los Angeles-area peers. Nationally, this places the area below the mid-range on safety measures.
Recent momentum is mixed but noteworthy. Property crime estimates have declined over the last year, a positive directional signal for operational risk management, while violent crime indicators remain closer to national mid-range levels. Investors should evaluate sub-neighborhood patterns and property-level controls, as block-by-block variation can be material in large metros.
Proximity to diverse corporate employment hubs supports commuter convenience and renter retention, led by logistics, energy, environmental services, and utility employers within a roughly 10–15 mile radius.
- Ryder Vehicle Sales — logistics & fleet services (10.1 miles)
- Chevron — energy offices (10.7 miles)
- Waste Management — environmental services (12.9 miles)
- Edison International — electric utility (13.9 miles) — HQ
- United Technologies — aerospace/industrial offices (14.8 miles)
726 E Colorado Ave is a 45-unit, 1985-vintage asset positioned in a high-occupancy Inner Suburb of Los Angeles. Neighborhood occupancy is among the top cohorts metro-wide, and elevated home values point to a high-cost ownership environment that tends to reinforce rental demand and support lease retention. Based on CRE market data from WDSuite, income performance at the neighborhood level is competitive, and household growth within a 3-mile radius—even alongside smaller household sizes—suggests a broader tenant base over time.
The 1985 vintage is newer than the neighborhood average, offering relative competitiveness versus older stock while allowing for targeted renovations to drive rent and retention. Amenity access is balanced by limited grocery/pharmacy in the immediate area, and safety indicators track below the metro median—manageable risk factors that warrant property-level operations planning and market-sensitive underwriting.
- High neighborhood occupancy and strong income metrics support stable cash flow
- 1985 vintage is newer than local average, with value-add modernization potential
- High-cost ownership market sustains renter reliance and pricing power
- 3-mile household growth and smaller household sizes enlarge the renter pool
- Risks: below-metro safety metrics and limited immediate grocery/pharmacy access