| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 80th | Best |
| Demographics | 25th | Poor |
| Amenities | 66th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1014 S Osage Ave, Inglewood, CA, 90301, US |
| Region / Metro | Inglewood |
| Year of Construction | 1973 |
| Units | 21 |
| Transaction Date | 2005-02-15 |
| Transaction Price | $3,800,000 |
| Buyer | STRATFORD RENTALS LLC |
| Seller | MENLO SAM |
1014 S Osage Ave Inglewood Multifamily Investment
Neighborhood occupancy is strong and renter demand is deep in this Inglewood urban core, according to WDSuite s CRE market data, supporting stable operations for well-located assets. Amenities and employment access further reinforce tenant retention, though affordability pressures warrant attentive lease management.
Located in Inglewood s Urban Core, the area offers dense retail and daily-needs access grocery and pharmacy availability ranks among the highest nationally which supports day-to-day convenience and reduces friction for renters. Dining and cafes are similarly abundant, placing the neighborhood in the top tier nationally for food-and-beverage options. These amenity fundamentals tend to aid leasing velocity and renewal rates for well-maintained multifamily.
Neighborhood occupancy is high (measured at the neighborhood level) and the share of renter-occupied housing is elevated, indicating a deep tenant base that can support smaller and mid-sized assets through cycles. Median home values are also elevated relative to national norms, which in high-cost ownership markets often sustains reliance on rental housing and can bolster pricing power for competitively positioned units.
Within a 3-mile radius, demographics show stable population and smaller household sizes over time alongside rising household incomes, with WDSuite data also pointing to continued growth in households. This combination generally expands the renter pool and supports occupancy stability, even as operators should plan for affordability pressure management where rent-to-income ratios run higher than national averages.
Trade-offs to consider include limited nearby parks and childcare options, which may matter for some family renters, and the neighborhood rates as competitive but not top-tier across broader metro comparisons. For multifamily investors, the overall profile strong amenity access, high renter concentration, and above-median neighborhood occupancy remains attractive for durable demand with prudent expense and capital planning.
Recent trends, based on WDSuite s CRE market data, indicate year-over-year declines in both violent and property offenses in the neighborhood. On a national comparison, current safety indicators place the area in the stronger cohort of urban neighborhoods, suggesting conditions that can support tenant retention and day-to-day livability.
As with most urban core locations, safety can vary by block and time of day, and active property management practices (lighting, access control, and resident engagement) remain important. Investors should benchmark performance against regional peers and monitor trend direction rather than single-period readings.
Proximity to major employers supports workforce renter demand and commute convenience, including Southwest Airlines operations, Mattel, Symantec, Microsoft, and Activision Blizzard. These anchors broaden the employment base that can aid leasing stability for nearby multifamily.
- Southwest Airlines Counter airlines operations (3.2 miles)
- Mattel consumer products (3.4 miles) HQ
- Symantec cybersecurity (3.6 miles)
- Microsoft Offices The Reserves software (5.0 miles)
- Activision Blizzard interactive entertainment (7.8 miles) HQ
1014 S Osage Ave is a 21-unit, 1973-vintage multifamily in an urban core submarket where neighborhood occupancy is high and renter concentration is elevated. The vintage supports a value-add or modernization plan to strengthen competitive positioning against older local stock, while amenity density and proximity to major employers underpin a broad tenant base.
According to CRE market data from WDSuite, elevated ownership costs in the surrounding neighborhood and strong day-to-day retail access help sustain rental demand, while within 3 miles the outlook points to more households and smaller household sizes both supportive of a larger renter pool. Operators should account for affordability pressure in leasing strategies and continue standard urban asset management practices to maintain retention and collections.
- High neighborhood occupancy and deep renter base support leasing stability.
- 1973 vintage offers value-add and systems modernization potential to drive NOI.
- Dense amenities and nearby employers enhance renter convenience and retention.
- Elevated home values reinforce reliance on rental housing, aiding pricing power for well-positioned units.
- Risks: urban-core safety considerations and affordability pressure require proactive lease and operations management.