| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 82nd | Best |
| Demographics | 60th | Good |
| Amenities | 77th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 845 W Beach Ave, Inglewood, CA, 90302, US |
| Region / Metro | Inglewood |
| Year of Construction | 1989 |
| Units | 25 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
845 W Beach Ave Inglewood Multifamily Investment
High renter concentration in the surrounding neighborhood supports a deep tenant base and steady leasing, according to WDSuite’s CRE market data. This analysis reflects neighborhood metrics (not property performance) and underscores demand durability in an urban Los Angeles submarket through disciplined commercial real estate analysis.
Situated in Inglewood’s Urban Core, the property sits in a neighborhood rated A- and ranked 252 of 1,441 Los Angeles-Long Beach-Glendale neighborhoods, placing it competitive within the metro. Amenity access scores top quartile nationally, led by strong density of grocery, restaurants, and cafes, which can help sustain renter appeal and retention.
Neighborhood occupancy is 92.7% (neighborhood-level, not the property), with renter-occupied housing representing a high share of units. For investors, this elevated renter concentration signals depth in multifamily demand and tends to support occupancy stability through cycles.
Construction year for this asset is 1989, newer than the neighborhood’s average vintage (1974). The relative recency can provide a competitive edge over older stock, while still allowing room for selective modernization to enhance rents and operating efficiency.
Within a 3-mile radius, households have grown recently and are projected to increase further by 2028, even as average household size trends slightly lower. This implies a gradual expansion of the renter pool and supports demand for professionally managed apartments. Median home values in the neighborhood are elevated relative to incomes (high national percentile for value-to-income), reinforcing reliance on multifamily rentals and aiding pricing power, while the rent-to-income profile suggests careful lease management to mitigate affordability pressure and retention risk.
Amenities compare favorably to national benchmarks (top quartile for grocery access, restaurants, and cafes), while parks are above average. School ratings in the neighborhood trend low on average, which investors should weigh against the area’s strong renter base and amenity depth. Pharmacy presence is limited locally, a minor convenience consideration rather than a core demand driver.
Neighborhood safety indicators are mixed compared with national norms. Overall crime rates benchmark around the upper-mid national percentile, indicating relatively better conditions than many areas nationwide, while property-related incidents sit closer to the lower national percentiles. Year-over-year trends show meaningful improvement in both violent and property offense estimates. These are neighborhood-level readings, not property-specific, and conditions can vary block to block within Los Angeles-Long Beach-Glendale.
For investors, the directional improvement is a constructive sign for renter sentiment and leasing, but underwriting should still reflect localized variability within the metro and the submarket’s urban context.
Nearby employers span technology, airlines, and entertainment, supporting a diverse renter base and commute-friendly housing demand. The list below highlights key names within a short drive that can underpin leasing stability in the submarket.
- Symantec — software & cybersecurity (1.7 miles)
- Southwest Airlines Counter — airline services (2.8 miles)
- Microsoft Offices The Reserves — technology offices (3.5 miles)
- Mattel — consumer products (4.0 miles) — HQ
- Activision Blizzard — interactive entertainment (6.0 miles) — HQ
This 25-unit, 1989-vintage asset sits in an A- rated Los Angeles metro neighborhood with strong amenity access and a high share of renter-occupied housing units—factors that typically support occupancy stability and pricing power across cycles. Based on CRE market data from WDSuite, neighborhood occupancy remains solid and renter demand is deep, while elevated home values versus incomes in the area tend to reinforce reliance on multifamily housing rather than ownership.
Within a 3-mile radius, households have risen and are projected to expand further by 2028 as average household size edges down, implying a broader tenant base. Given the property’s newer-than-average vintage for the neighborhood, a focused value-add or modernization program can sharpen competitive positioning versus older stock. Underwriting should consider affordability pressure (rent-to-income dynamics) and local school ratings, while acknowledging improving safety trends and the employment base anchored by nearby technology, entertainment, and airline employers.
- High renter concentration and steady neighborhood occupancy support leasing durability
- 1989 construction offers a competitive edge with selective modernization upside
- Amenity-rich Urban Core location with strong grocery, dining, and cafe access
- Expanding household counts within 3 miles suggest a growing renter pool
- Risks: affordability pressure, lower average school ratings, and urban safety variability