| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 82nd | Best |
| Demographics | 60th | Good |
| Amenities | 77th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 875 Victor Ave, Inglewood, CA, 90302, US |
| Region / Metro | Inglewood |
| Year of Construction | 1972 |
| Units | 50 |
| Transaction Date | 2014-10-31 |
| Transaction Price | $8,800,000 |
| Buyer | Universe at the Sycamores, LP |
| Seller | Victor D Beeler Charitable Trust |
875 Victor Ave Inglewood Multifamily Investment
High renter concentration and an elevated ownership cost environment support durable demand in this Urban Core location, according to WDSuite’s CRE market data. Neighborhood occupancy has been steady, reinforcing a practical case for cash flow management and measured value-add planning.
The property sits in an Urban Core neighborhood that ranks in the top quartile among 1,441 Los Angeles-Long Beach-Glendale metro neighborhoods, signaling competitive fundamentals for multifamily investors. Grocery access is strong and everyday amenities are plentiful, with neighborhood measures landing in the top quartile nationally; parks are also comparatively accessible. Restaurant and café density track above national norms, supporting lifestyle appeal that can aid retention.
Neighborhood renter-occupied share is high at 76.4% of housing units, indicating a deep tenant base and consistent leasing activity. The neighborhood occupancy rate of 92.7% has held near its recent trend, suggesting relatively stable operations at the neighborhood level rather than building-specific performance.
Home values are elevated (among the higher percentiles nationally), which typically sustains reliance on multifamily rentals and can bolster pricing power. At the same time, a rent-to-income ratio near one-third indicates potential affordability pressure, implying that lease management and renewal strategies should emphasize retention and incremental increases.
Within a 3-mile radius, households have grown recently and are projected to expand further over the next five years, pointing to a larger tenant base over time. Median school ratings in the area trend below national norms, which may matter for family-oriented product, but amenity access and employment proximity remain strong demand anchors for working professionals.
Neighborhood safety trends are mixed but generally competitive for the Los Angeles-Long Beach-Glendale metro. Overall crime levels are competitive among metro neighborhoods, with national comparisons placing the area above the midpoint for safety. Property offenses have declined sharply year over year, while violent incident measures sit around the national middle, underscoring the importance of standard security practices and tenant communication.
Proximity to diverse employers supports commuter convenience and a broad renter pool, with nearby technology, consumer products, and airline operations driving steady workforce housing demand. The employers below represent tangible demand anchors within a short drive.
- Symantec — software & cybersecurity offices (1.6 miles)
- Southwest Airlines Counter — airline operations (2.7 miles)
- Microsoft Offices The Reserves — technology offices (3.4 miles)
- Mattel — consumer products (3.9 miles) — HQ
- Activision Blizzard — gaming & entertainment (5.9 miles) — HQ
875 Victor Ave is a 50-unit 1972 asset in an Urban Core pocket of Inglewood where neighborhood-level occupancy is solid and the renter-occupied share is high, suggesting durable demand and a deep leasing funnel. Elevated home values in the area point to a high-cost ownership market that tends to reinforce multifamily reliance. Based on CRE market data from WDSuite, amenity access and NOI per-unit benchmarks compare favorably at the neighborhood level versus national norms, supporting an income-focused thesis.
The 1972 vintage is slightly older than the neighborhood average, creating clear value-add paths through unit modernization and system upgrades while maintaining operational focus on resident retention. Within a 3-mile radius, households are projected to increase over the next five years, expanding the renter pool and helping support occupancy stability; however, rent-to-income dynamics indicate investors should manage renewal growth carefully to limit turnover risk.
- High renter-occupied share supports steady tenant demand and leasing velocity at the neighborhood level
- Elevated ownership costs in the area reinforce reliance on multifamily housing and pricing power
- Amenity-rich Urban Core location with competitive NOI per-unit benchmarks
- 1972 vintage offers value-add and renovation upside through targeted upgrades
- Risk: affordability pressure suggests measured rent growth and proactive renewal strategies to mitigate turnover