| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 77th | Good |
| Demographics | 63rd | Good |
| Amenities | 77th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 5400 Clark Ave, Lakewood, CA, 90712, US |
| Region / Metro | Lakewood |
| Year of Construction | 1978 |
| Units | 81 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
5400 Clark Ave, Lakewood CA Multifamily Investment
Strong occupancy and amenity density in an inner-suburb location point to durable renter demand, according to WDSuite’s CRE market data.
Located in Lakewood’s inner-suburb fabric of the Los Angeles-Long Beach-Glendale metro, the neighborhood rates A- and sits competitive among metro peers. Occupancy is in the top quartile nationally, supporting leasing stability and limited downtime between turns. Median contract rents in the neighborhood are also elevated versus most U.S. areas, signaling a renter base accustomed to higher price points and the potential for consistent revenue management.
Amenity access is a core strength: cafes and restaurants rank in the top percentiles nationwide, and grocery/pharmacy density is well above national norms. This concentration of daily-needs retail typically supports retention and minimizes commute friction for service and office workers. Park access is limited locally, which can increase the value of on-site open space and common-area programming for resident satisfaction.
Schools post above-median results for the region with an average rating around the national upper tier, which can help stabilize family renter cohorts. The property’s 1978 vintage is slightly older than the neighborhood average construction year (1981), indicating potential value-add through unit and systems modernization and the need for planned capital to maintain competitive positioning among newer stock.
Tenure dynamics show a lower renter concentration within the immediate neighborhood, implying fewer renter-occupied units locally; however, within a 3-mile radius renters represent roughly 44% of housing units, providing a broader tenant base for leasing. According to WDSuite’s commercial real estate analysis, 3-mile demographics point to modest population growth and a notable increase in households by 2028 alongside smaller average household sizes—factors that generally expand the renter pool and support occupancy durability. Elevated home values in the neighborhood relative to national benchmarks reinforce reliance on multifamily housing and can support pricing power, while a moderate rent-to-income profile suggests manageable affordability pressure and potential for lease retention.
Safety indicators for the immediate neighborhood trend below national medians, and the area ranks weaker than many Los Angeles-Long Beach-Glendale neighborhoods on crime. That said, WDSuite’s CRE market data shows property offense rates have moved lower over the last year, indicating some recent improvement. Investors should underwrite with standard risk controls (lighting, access management, and community engagement) and consider how on-site operations can help support resident comfort.
Nearby employers span industrial gases, telecom, defense-related operations, beverage manufacturing, and managed healthcare, providing a diversified employment base that supports renter demand and commute convenience for residents.
- Airgas — industrial gases (2.7 miles)
- Time Warner Business Class — telecom/business services (4.3 miles)
- Raytheon Public Safety RTC — defense & training (5.2 miles)
- Coca-Cola Downey — beverage manufacturing (5.5 miles)
- Molina Healthcare — healthcare services (7.2 miles) — HQ
5400 Clark Ave benefits from a high-occupancy neighborhood with strong daily-needs retail access and above-national-median school ratings—factors that typically support leasing stability and retention. Elevated home values relative to most U.S. neighborhoods reinforce multifamily demand, while a moderate rent-to-income environment suggests manageable affordability pressure and the ability to sustain occupancy through cycles. According to CRE market data from WDSuite, the 3-mile area shows modest population growth and a meaningful rise in households by 2028, pointing to a larger tenant base and support for steady absorption.
Built in 1978, the asset is slightly older than the neighborhood average, creating a clear value-add path through interior updates and selective system modernization to remain competitive with newer stock. Investors should balance these opportunities against localized safety considerations and the neighborhood’s lower immediate renter concentration, leveraging operations and marketing to capture the broader 3-mile renter pool.
- High neighborhood occupancy and strong amenity density support leasing stability and retention
- Elevated ownership costs locally reinforce reliance on multifamily housing and pricing power
- 3-mile demographics indicate renter pool expansion via household growth and smaller household sizes
- 1978 vintage offers value-add potential through renovations and system upgrades
- Risks: below-median safety indicators and lower immediate renter concentration require operational focus and prudent underwriting