| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 81st | Best |
| Demographics | 47th | Fair |
| Amenities | 76th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1415 257th St, Harbor City, CA, 90710, US |
| Region / Metro | Harbor City |
| Year of Construction | 1986 |
| Units | 22 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1415 257th St, Harbor City CA Multifamily Investment
Neighborhood occupancy remains steady and ownership costs are elevated, supporting renter demand around Harbor City, according to WDSuite’s CRE market data. This points to durable leasing fundamentals at the sub-neighborhood level rather than at the property itself.
Harbor City’s Urban Core setting offers daily-needs convenience that bolsters renter retention. Neighborhood dining density sits in the top decile nationally, and grocery, pharmacy, and park access also rank strong, while café presence is comparatively limited. These amenity dynamics translate to practical livability without relying on destination retail.
The neighborhood’s renter-occupied share is around one-half of housing units (above most U.S. areas), indicating a deep tenant base for multifamily. Neighborhood occupancy is above national norms and has edged up over the past five years, supporting income stability for well-managed assets. Median home values in the neighborhood are high relative to the nation, which, in an ownership-cost market like Los Angeles, tends to sustain reliance on rental housing and supports pricing power without overextending renters given a moderate rent-to-income profile.
Within a 3-mile radius, household counts have inched higher despite a slight population decline, and forecasts point to further household growth alongside smaller average household sizes. For investors, that suggests a larger pool of renters entering the market and supports occupancy stability for appropriately positioned buildings.
Vintage context: the average neighborhood construction year is mid-1980s. With a 1986 build, this asset is slightly newer than the neighborhood norm; competitive positioning can improve with targeted modernization of aging systems and select unit upgrades to capture demand from renters prioritizing updated finishes and energy efficiency.
Safety indicators for the neighborhood are favorable in a national context, landing in the top quartile nationwide and competitive among the 1,441 Los Angeles metro neighborhoods. This positioning typically supports tenant retention and broad appeal to working households.
Recent trends show notable year-over-year declines in both property and violent offense rates, according to WDSuite’s data. While conditions can vary by block and over time, the directional improvement is a constructive tailwind for leasing and renewal outcomes.
Proximity to established employers provides a stable commuter renter base and supports weekday occupancy. Notable nearby employment nodes include Air Products & Chemicals, Molina Healthcare, Airgas, and Mattel.
- Air Products & Chemicals — industrial gases (4.3 miles)
- Molina Healthcare — healthcare services (6.1 miles) — HQ
- Airgas — industrial gases (10.0 miles)
- Mattel — consumer products (10.3 miles) — HQ
1415 257th St is a 1986-vintage, ~22-unit multifamily asset positioned in a neighborhood with strong daily-needs access and above-average renter concentration. High ownership costs in the area help reinforce reliance on rental housing, while neighborhood occupancy has remained solid, supporting income durability for well-operated buildings.
Within a 3-mile radius, households are increasing as average household size trends lower, pointing to a gradual expansion of the renter pool even as population growth is flat to slightly negative. According to CRE market data from WDSuite, neighborhood rent levels and rent-to-income dynamics remain manageable for lease management, suggesting room for targeted renovations to lift effective rents relative to older local stock, while monitoring exposure to family demand given middling school performance and limited café-oriented amenities.
- Stable neighborhood occupancy and deep renter base support income consistency
- High-cost ownership market reinforces sustained rental demand and pricing power
- 1986 vintage offers value-add potential via systems modernization and interior upgrades
- 3-mile household growth and smaller household sizes expand the local renter pool
- Risks: softer population trend, below-average school ratings, and selective amenity gaps (limited cafés)