| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 78th | Good |
| Demographics | 44th | Fair |
| Amenities | 76th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 15006 Inglewood Ave, Lawndale, CA, 90260, US |
| Region / Metro | Lawndale |
| Year of Construction | 1983 |
| Units | 28 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
15006 Inglewood Ave Lawndale Multifamily Investment
Neighborhood occupancy trends in the mid-90s point to stable renter demand in this South Bay submarket, according to WDSuite’s CRE market data. These indicators reflect area-level performance, not the property, and suggest durable leasing conditions supported by a deep renter base.
Situated in Lawndale within the Los Angeles-Long Beach-Glendale metro, the neighborhood carries a B+ rating and ranks 432 out of 1,441 metro neighborhoods, indicating above-median performance locally. Amenity access is a relative strength: the area is in the top quartile among 1,441 metro neighborhoods for overall amenities and sits in the 76th percentile nationally, with restaurants and cafes each in the 90th-plus national percentiles. Parks availability also tests strong (96th percentile nationally), supporting livability for tenants.
Renter-occupied housing accounts for a majority of neighborhood units (58.5% renter concentration; 93rd percentile nationally), signaling a sizable tenant base and consistent multifamily demand. Neighborhood occupancy is in the mid-90s, which typically supports lease-up and renewal stability. Median contract rents have grown over the past five years and remain competitive for the South Bay, helping sustain collections while requiring attentive lease management.
Within a 3-mile radius, demographics are broadly stable with expectations for a modest population increase and a meaningful rise in households over the next five years, implying a larger tenant pool and support for occupancy. Median and mean household incomes in the 3-mile radius have risen and are projected to continue growing, which can underpin rent levels and reduce turnover risk. School ratings trend around the national median and are competitive among metro neighborhoods, an acceptable baseline for workforce-oriented product.
Home values index high (93rd percentile nationally) and the value-to-income ratio sits in the upper national percentiles, characteristic of a high-cost ownership market that reinforces reliance on rental housing and can support retention. At the same time, the neighborhood’s rent-to-income ratio skews relatively favorable versus many coastal peers, which can help mitigate affordability pressure and support steady renewals. The property’s 1983 vintage is newer than the neighborhood’s average construction year (1966), offering relative competitiveness versus older stock while still leaving room for targeted modernization to enhance yield.
Safety conditions should be considered alongside demand strengths. The neighborhood’s crime rank is below the metro median (1,031 out of 1,441), indicating higher-than-average crime exposure relative to Los Angeles-Long Beach-Glendale. Nationally, the area sits below the midpoint for safety, so prudent security measures and tenant screening remain important for operations.
Recent trends are constructive: both property and violent offense rates have declined year over year, with the pace of improvement for violent offenses outperforming many neighborhoods nationwide. While conditions vary by block and property operations, these directional improvements can support leasing stability when paired with sound on-site management.
Proximity to major employers supports workforce housing demand and commute convenience for renters. Nearby anchors include Mattel, Southwest Airlines, Symantec, Microsoft, and Air Products & Chemicals, which collectively diversify the employment base and aid retention.
- Mattel — corporate offices (2.5 miles) — HQ
- Southwest Airlines Counter — airline operations (4.3 miles)
- Symantec — cybersecurity offices (6.6 miles)
- Microsoft Offices The Reserves — technology offices (6.7 miles)
- Air Products & Chemicals — industrial gases offices (9.3 miles)
15006 Inglewood Ave offers a 1983-vintage, mid-sized multifamily asset positioned in a renter-heavy neighborhood with occupancy in the mid-90s and strong amenity access. The asset is newer than the neighborhood’s average stock, providing relative competitiveness versus older buildings while leaving value-add avenues through selective interior and systems upgrades. According to CRE market data from WDSuite, high home values in this part of the South Bay sustain renter reliance on multifamily, and steady rent growth at the neighborhood level supports income durability when paired with disciplined lease management.
Within a 3-mile radius, forecasts point to a modest increase in population and a meaningful rise in households, which expands the renter pool and supports occupancy stability over time. Income trends are constructive, giving owners room to capture operational upside while prioritizing retention. Investors should weigh local safety metrics and school quality that is nearer the national median, balancing demand fundamentals with prudent operating practices and capital planning.
- Renter-heavy neighborhood and mid-90s occupancy support stable cash flow potential
- 1983 vintage is newer than local average, enabling targeted value-add to outcompete older stock
- High-cost ownership market reinforces multifamily demand and lease retention
- 3-mile household growth and rising incomes expand the renter pool and support rent levels
- Risk: Safety metrics below metro median call for strong on-site management and security planning