| 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 | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
875 Victor Ave Inglewood Multifamily Opportunity
Renter-occupied housing is prevalent in the surrounding neighborhood, supporting a deep tenant base and steady leasing, according to WDSuite’s CRE market data. Occupancy trends remain in the low 90s, suggesting durable demand with room for operational upside.
The property sits within an Urban Core pocket of Inglewood that rates A- and is competitive among 1,441 Los Angeles-Long Beach-Glendale neighborhoods (ranked 252 of 1,441). For investors, this positioning points to diversified demand drivers and consistent renter interest rather than reliance on a single catalyst.
Daily-needs access is a strength. Neighborhood amenities benchmark in the top quartile nationally, with grocery options particularly dense (98th percentile nationwide), strong restaurant and cafe coverage (93rd and 94th percentiles), and above-average park access (84th percentile). Pharmacy presence is limited, which may slightly detract from convenience, but overall amenity depth supports retention.
Renter concentration in the neighborhood is high (renter-occupied share near the top of the metro distribution), indicating a large tenant pool and resilient multifamily demand. Median contract rents in the neighborhood track toward the upper end nationally (low-90s percentile), aligning with Inglewood’s high-cost ownership landscape. Elevated home values and a high value-to-income ratio (both among the strongest nationally) tend to reinforce renter reliance on multifamily housing and can support pricing power when managed with attention to concessions and lease terms.
Within a 3-mile radius, demographics show modest household growth over the past five years alongside a slight population dip, implying smaller household sizes and steady demand for rental units. Looking ahead to 2028, WDSuite’s CRE market data indicates households are projected to increase, with incomes trending higher and rents expected to move up from current levels—factors that can sustain occupancy and support measured rent growth for well-positioned assets.
Vintage context matters: the neighborhood’s average construction year is 1974, while this property’s 1972 vintage is slightly older. That creates potential value-add and renovation angles—modernizing interiors, systems, and common areas—to remain competitive versus newer inventory and capture rent premiums where feasible.
Neighborhood safety indicators are mixed but improving. Overall crime performance scores around the 67th percentile nationally, which compares favorably to many urban submarkets, while violent-offense levels sit near the national midpoint. Property offenses have declined sharply year over year (improvement in the 90s percentiles nationally), suggesting a positive recent trend in reported incidents.
Within the Los Angeles-Long Beach-Glendale metro, the area’s crime rank sits in the competitive range (549 out of 1,441 neighborhoods), indicating conditions that are comparable to many Los Angeles neighborhoods rather than an outlier. Investors should monitor local trends and property-level controls, as continued improvements can support retention and operating stability.
Proximity to diversified employers supports workforce housing demand and commute convenience, with a concentration of technology, entertainment, and transportation offices nearby. The following employers anchor local job density relevant to tenant retention and leasing velocity.
- Symantec — cybersecurity/software (1.7 miles)
- Southwest Airlines Counter — airline operations (2.6 miles)
- Microsoft Offices The Reserves — software (3.5 miles)
- Mattel — toys & entertainment (3.9 miles) — HQ
- Activision Blizzard — video games (5.9 miles) — HQ
This 50-unit, 1972-vintage asset benefits from a high renter-occupied housing share in the surrounding neighborhood, steady low-90s occupancy, and an amenity-rich Urban Core location. Elevated ownership costs in Inglewood and the broader metro sustain reliance on rentals, supporting depth of tenant demand and potential pricing power when paired with disciplined lease management. According to CRE market data from WDSuite, neighborhood rents benchmark toward the upper end nationally while occupancy remains solid, indicating a stable baseline with operational upside.
The property’s slightly older vintage relative to the neighborhood average (1974) creates a practical value-add path through interior updates and system modernization to compete effectively with newer stock. Within a 3-mile radius, households have grown and are projected to increase through 2028 alongside rising incomes and rent levels, which can support occupancy stability and rent growth for well-managed product. Counterpoints include lower average school ratings and pockets of affordability pressure (rent-to-income), which call for attentive renewal strategies and targeted capital planning.
- Strong renter concentration and solid occupancy support demand resilience
- Amenity-rich Urban Core location with top-quartile grocery, dining, and cafe access
- 1972 vintage offers value-add and modernization potential to drive NOI
- Proximity to diversified employers underpins leasing and retention
- Risks: lower school ratings and affordability pressures require careful lease and capex management