| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 78th | Good |
| Demographics | 44th | Fair |
| Amenities | 76th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 4716 W 153rd Pl, Lawndale, CA, 90260, US |
| Region / Metro | Lawndale |
| Year of Construction | 1990 |
| Units | 56 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
4716 W 153rd Pl Lawndale Multifamily Investment
This 56-unit property built in 1990 operates in a neighborhood with 94.6% occupancy and strong renter demand at 58.5% of housing units, according to CRE market data from WDSuite.
The Lawndale neighborhood ranks in the top quartile nationally for amenity access, with high concentrations of restaurants (17.6 per square mile) and parks (2.8 per square mile) that support tenant retention. Neighborhood-level occupancy of 94.6% reflects stable rental demand, while the 58.5% renter-occupied housing share indicates strong multifamily fundamentals in this urban core location.
Demographics within a 3-mile radius show a stable tenant base with household incomes averaging $110,180 and projected to grow 34% by 2028. The forecast anticipates 37% growth in total households, expanding the renter pool as housing unit tenure is expected to shift toward 54.1% renter-occupied by 2028. Current median rents of $1,996 are projected to increase 37% over five years, supporting rental rate growth potential.
The property's 1990 construction year positions it within the neighborhood's average building vintage of 1966, suggesting alignment with local housing stock while offering potential value-add opportunities through targeted capital improvements. Home values averaging $711,754 with 41% five-year appreciation reinforce rental demand as elevated ownership costs keep households in the multifamily market.
Safety metrics show mixed trends for investor consideration. Property crime rates in the neighborhood rank in the lower tier among Los Angeles metro neighborhoods, though the area has experienced a 12.9% decline in property offenses over the past year. Violent crime rates have decreased 21.8%, indicating improving conditions that may support tenant retention and leasing stability.
While current crime metrics warrant attention in lease management and security considerations, the downward trend in both property and violent offenses suggests ongoing improvements that could benefit long-term occupancy patterns.
The property benefits from proximity to major corporate employers that provide workforce housing demand, including toy manufacturing, technology, and aerospace companies within commuting distance.
- Mattel — toy manufacturing (2.7 miles) — HQ
- Southwest Airlines Counter — aviation services (4.5 miles)
- Symantec — technology (6.8 miles)
- Microsoft Offices The Reserves — technology (6.9 miles)
- Activision Blizzard — gaming & entertainment (10.3 miles) — HQ
This 56-unit property offers exposure to Los Angeles County's multifamily market through a stable neighborhood with 94.6% occupancy and strong demographic fundamentals. The 1990 construction year provides value-add potential while household growth projections of 37% by 2028 support expanding rental demand. Commercial real estate analysis indicates rent growth potential with median rents projected to increase 37% over five years, supported by elevated home ownership costs that reinforce renter reliance on multifamily housing.
The urban core location provides access to employment centers including major corporate headquarters within commuting distance, while high amenity density supports tenant retention. However, investors should monitor safety metrics and consider security enhancements as part of the overall investment strategy.
- Neighborhood occupancy of 94.6% indicates stable rental demand
- 37% projected household growth by 2028 expands tenant base
- Value-add opportunity through 1990 vintage property improvements
- High amenity density supports tenant retention and leasing velocity
- Safety metrics require ongoing monitoring and potential security investments