| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 82nd | Best |
| Demographics | 60th | Good |
| Amenities | 77th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 930 Enterprise Ave, Inglewood, CA, 90302, US |
| Region / Metro | Inglewood |
| Year of Construction | 1973 |
| Units | 33 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
930 Enterprise Ave Inglewood Multifamily Investment
Strong neighborhood renter demand and daily-needs access support stable leasing conditions, according to WDSuite’s CRE market data. A high-cost ownership backdrop in Inglewood further sustains the tenant base for professionally managed multifamily assets.
Located in Inglewood’s Urban Core, the neighborhood rates A- and ranks 252 out of 1,441 metro neighborhoods — competitive among Los Angeles-Long Beach-Glendale subareas. Daily conveniences are abundant: grocery options and restaurants sit in the top quartile nationally, with cafes and parks also testing above national medians. One notable gap is pharmacies, which are limited locally, suggesting residents rely on nearby districts for prescriptions.
Renter concentration is high, with roughly three-quarters of housing units renter-occupied in the neighborhood. For investors, that depth of renter households underpins a larger prospective tenant base and supports leasing velocity and retention management across cycles.
Occupancy at the neighborhood level remains in a stable range and near broader market norms, and average NOI per unit for the neighborhood tracks in the upper tier nationally, signaling resilient rent collections and expense discipline among comparable assets. School ratings trend below national averages, which can influence certain household segments but typically has a muted effect on workforce-oriented renter demand in urban settings.
Within a 3-mile radius, demographics indicate a steady renter pool: households have inched higher in recent years and are projected to grow further, with smaller average household sizes over time. This points to incremental renter pool expansion and sustained demand for well-managed units. Coupled with elevated home values that characterize a high-cost ownership market, the leasing side benefits from stronger reliance on multifamily housing, reinforcing occupancy stability and pricing power. These dynamics align with commercial real estate analysis from WDSuite without relying on speculative assumptions.
Relative to the Los Angeles-Long Beach-Glendale metro, the neighborhood’s overall crime position is competitive among 1,441 neighborhoods (ranked 549), placing it in a better-than-average cohort locally. Nationally, the area trends around the safer side of the middle of the pack.
Recent momentum is directionally favorable: both violent and property offenses have seen notable year-over-year declines, with improvement metrics ranking in the top decile nationwide. Investors should view this as a supportive trend rather than a guarantee, and continue monitoring local data for confirmation of sustained progress.
Nearby corporate employers provide a diversified white-collar employment base that supports renter demand and commute convenience, including Symantec, Southwest Airlines, Microsoft, Mattel, and Activision Blizzard.
- Symantec — cybersecurity (1.7 miles)
- Southwest Airlines Counter — airline services (3.0 miles)
- Microsoft Offices The Reserves — software (3.7 miles)
- Mattel — toys and entertainment (4.2 miles) — HQ
- Activision Blizzard — video games (6.0 miles) — HQ
This 33-unit asset is positioned in a renter-heavy neighborhood with strong daily-needs access and stable occupancy dynamics. Elevated home values in the area point to a high-cost ownership market that helps sustain rental demand, while neighborhood NOI per unit benchmarks track in the upper tier nationally. According to CRE market data from WDSuite, local amenities and commute nodes support consistent tenant interest, even as residents may utilize adjacent districts for certain services like pharmacies.
Forward-looking fundamentals are constructive: within a 3-mile radius, projections call for more households and a smaller average household size, which tends to expand the renter pool and support occupancy and renewal outcomes. Key watch items include rent-to-income pressures and below-average school ratings, which argue for disciplined lease management and value-oriented positioning.
- Renter-heavy neighborhood supports demand depth and leasing stability
- High-cost ownership market reinforces reliance on multifamily housing
- Amenity-rich location with competitive metro ranking and solid NOI benchmarks
- Demographic trends within 3 miles indicate a growing renter pool over time
- Risks: rent-to-income pressure, limited nearby pharmacy options, and low school ratings