| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 74th | Fair |
| Demographics | 37th | Fair |
| Amenities | 62nd | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1001 Pacific Coast Hwy, Harbor City, CA, 90710, US |
| Region / Metro | Harbor City |
| Year of Construction | 1984 |
| Units | 100 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1001 Pacific Coast Hwy Harbor City Multifamily Investment
Neighborhood occupancy trends sit in the mid-90s, pointing to stable renter demand and steady leasing conditions, according to WDSuite’s CRE market data. Position along Pacific Coast Hwy provides daily-needs access that supports retention for a 100-unit asset.
The immediate area functions as an Urban Core pocket within the Los Angeles-Long Beach-Glendale metro (neighborhood rating: B-), offering strong daily conveniences. Neighborhood amenity access is above average nationally, with particularly dense options for cafes and groceries (both high national percentiles), which supports resident convenience and leasing prospects for workforce-oriented multifamily.
From an operations standpoint, neighborhood occupancy is above national norms, and median asking rents in the neighborhood test above the national median tier. The local rent-to-income profile remains manageable by national standards, which can aid renewal rates and limit turnover risk. By contrast, average public school ratings trail national benchmarks, a consideration for unit-mix strategy and marketing.
Within a 3-mile radius, household counts have grown even as population edged down modestly, indicating smaller household sizes and a gradual shift toward more households — dynamics that tend to expand the renter pool and support occupancy stability. Looking ahead, forecasts point to further household growth and rising incomes in the 3-mile area, which can underpin rent levels and support long-run absorption.
Home values in the neighborhood are elevated relative to national levels, signaling a higher-cost ownership market. For multifamily investors, that context typically sustains reliance on rental housing and can support pricing power, while still requiring attentive lease management where affordability pressure surfaces.
The property’s 1984 vintage is slightly newer than the neighborhood’s early-1980s average, offering competitive positioning versus older stock. Investors should still plan for targeted modernization and systems upgrades typical of 1980s assets to capture value-add upside and maintain relevance against newer deliveries.
Safety metrics for the neighborhood track around the middle of Los Angeles metro neighborhoods. Compared with neighborhoods nationwide, safety performance is below national averages, but recent trend data shows notable improvement in violent-offense rates year over year and a decline in property-offense rates, according to WDSuite’s CRE market data.
For underwriting, this mixed profile argues for prudent security and lighting enhancements, active property management, and close monitoring of trends at the neighborhood level rather than block-by-block assumptions.
Proximity to diverse employers supports a broad renter base and commute convenience, with nearby roles in industrial gases, healthcare administration, corporate operations, and consumer products — specifically Air Products & Chemicals, Molina Healthcare, Airgas, and Mattel.
- Air Products & Chemicals — industrial gases (3.8 miles)
- Molina Healthcare — healthcare administration (5.6 miles) — HQ
- Airgas — industrial gases (9.5 miles)
- Mattel — consumer products (10.6 miles) — HQ
1001 Pacific Coast Hwy offers a scale 100-unit platform in a neighborhood where occupancy runs above national averages and daily-needs access is strong. Elevated ownership costs locally help sustain renter reliance on multifamily housing, while a manageable rent-to-income backdrop supports renewal potential. Based on CRE market data from WDSuite, household growth within a 3-mile radius — despite a modest population dip — indicates smaller household sizes and a broader tenant base over time.
Built in 1984, the asset is slightly newer than the early-1980s neighborhood average, suggesting competitive positioning with room for value-add via interior upgrades and system modernization. Key watchpoints include below-average school ratings, limited park/pharmacy density nearby, and safety metrics that trail national norms, warranting focused property management and amenity programming.
- Above-national occupancy and strong daily-needs access support leasing stability.
- High-cost ownership market reinforces depth of renter demand and pricing power.
- 1984 vintage provides competitive footing with value-add potential through modernization.
- 3-mile area household growth and rising incomes expand the tenant base over time.
- Risks: below-average school ratings, limited nearby parks/pharmacies, and safety metrics below national benchmarks require active management.