| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 78th | Good |
| Demographics | 44th | Fair |
| Amenities | 76th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 17210 Inglewood Ave, Lawndale, CA, 90260, US |
| Region / Metro | Lawndale |
| Year of Construction | 1985 |
| Units | 28 |
| Transaction Date | 2000-08-04 |
| Transaction Price | $3,400,000 |
| Buyer | REDONDO TOWNHOMES LLC |
| Seller | WORNICK ASSOCIATES L P |
17210 Inglewood Ave, Lawndale CA — Multifamily with Durable Renter Base
Neighborhood-level occupancy is steady and renter concentration is high, pointing to resilient demand for a 28-unit asset, according to CRE market data from WDSuite.
Situated in Lawndale’s Urban Core, the neighborhood is competitive among Los Angeles-Long Beach-Glendale neighborhoods (432 out of 1,441), with performance supported by strong daily-life amenities. Restaurant and grocery density rank in the top decile nationally, reinforcing convenience that can aid retention and leasing velocity at the neighborhood level.
Neighborhood occupancy is reported at 94.6%, above national mid-range, which supports a case for stable cash flow at nearby multifamily properties. The share of housing units that are renter-occupied is elevated (58.5%; high national percentile), indicating a deep tenant base for multifamily product rather than a reliance on owner-occupied demand.
Median home values in the neighborhood sit at a high national percentile, characteristic of a high-cost ownership market in coastal Los Angeles County. For multifamily investors, elevated ownership costs often reinforce reliance on rental housing, supporting pricing power and lease-up consistency when managed alongside rent-to-income considerations.
Within a 3-mile radius, WDSuite data shows modest population growth and an increase in households, alongside rising household incomes. These trends suggest a larger tenant base over time. Average school ratings in the neighborhood are mixed, which may warrant tailored marketing and amenity strategies for family renters but does not preclude stable demand given the area’s employment access and amenity depth.
The property’s 1985 construction is newer than the neighborhood’s average vintage (1966). That relative age can provide a competitive edge versus older stock while still leaving room for targeted modernization of systems and interiors to capture value-add upside.
Safety indicators at the neighborhood level are mixed. Overall crime ranks 1,031 out of 1,441 metro neighborhoods, which is below the metro median and suggests investors should underwrite standard security and operating protocols. Nationally benchmarked estimates point to lower safety percentiles for both property and violent offenses; however, recent year data shows declines in estimated offense rates, indicating improvement momentum.
For investors, the practical takeaway is to price-in reasonable security measures and tenant-experience planning while monitoring trend direction rather than relying on block-level assumptions.
The submarket draws from a diversified employer base in toys/consumer products, airlines, and technology, which supports renter demand through commute convenience and a broad occupational mix: Mattel, Southwest Airlines, Microsoft offices, Symantec, and Air Products & Chemicals.
- Mattel — consumer products/HQ functions (3.6 miles) — HQ
- Southwest Airlines Counter — airline operations (5.5 miles)
- Microsoft Offices The Reserves — technology offices (7.9 miles)
- Symantec — cybersecurity offices (8.0 miles)
- Air Products & Chemicals — industrial gases & engineering (8.5 miles)
17210 Inglewood Ave is positioned in a neighborhood with steady occupancy and a high share of renter-occupied housing units, supporting demand resilience for a 28-unit multifamily asset. Elevated local home values point to a high-cost ownership market that tends to sustain rental reliance. According to CRE market data from WDSuite, amenity access is strong by national benchmarks, which can aid retention and day-to-day livability.
Built in 1985, the asset is newer than the area’s average vintage, offering relative competitiveness versus older buildings while leaving room for targeted renovations to drive rent positioning. Within a 3-mile radius, modest population growth and an increase in households indicate a gradually expanding renter pool, which supports occupancy stability when paired with disciplined lease management and attention to rent-to-income thresholds.
- Neighborhood-level occupancy is solid, supporting stable cash flow potential.
- High renter-occupied share signals deep tenant demand for multifamily units.
- 1985 vintage offers competitive positioning plus value-add renovation upside.
- Elevated ownership costs in the area reinforce reliance on rental housing.
- Risk: safety metrics trail metro leaders; underwrite prudent security and tenant-experience planning.