| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 76th | Fair |
| Demographics | 55th | Good |
| Amenities | 96th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 225 E 12th St, Long Beach, CA, 90813, US |
| Region / Metro | Long Beach |
| Year of Construction | 2012 |
| Units | 39 |
| Transaction Date | 2001-02-12 |
| Transaction Price | $60,000 |
| Buyer | TRAN PHU MINH |
| Seller | CALCOTE GEORGE L |
225 E 12th St Long Beach Multifamily Investment
2012-vintage asset positioned in an Urban Core pocket where neighborhood occupancy is stable and renter demand is deep, according to WDSuite’s CRE market data. Newer construction versus older local stock supports competitive positioning and maintenance planning.
Located in Long Beach’s Urban Core, the neighborhood ranks 185 out of 1,441 metro neighborhoods—competitive among Los Angeles-Long Beach-Glendale submarkets for livability and investment potential (A neighborhood rating). Newer 2012 construction stands out versus an older local average vintage, pointing to reduced near-term capital needs and stronger competitiveness against legacy buildings.
Daily convenience is a strength: grocery, restaurant, cafe, and park access score in the top percentiles nationally, supporting resident retention and leasing velocity. Pharmacy density also rates high nationally, while average school ratings trend below national norms—an important consideration for family-oriented demand profiles.
At the neighborhood level (not the property), occupancy trends are steady and the renter-occupied share is high, indicating a deep tenant base for multifamily owners. Median home values are elevated and the value-to-income ratio sits in a high national percentile, characteristic of a high-cost ownership market that can sustain reliance on rental housing and support pricing power when managed carefully.
Within a 3-mile radius, demographics indicate a slight population contraction alongside growth in the number of households and a projected increase in households over the next five years. This pattern—more households with smaller average sizes—typically expands the renter pool and supports occupancy stability for well-located properties.
Safety conditions at the neighborhood level trend below metro and national benchmarks, with crime measures ranking toward the less favorable end among 1,441 Los Angeles-Long Beach-Glendale neighborhoods and sitting in lower national percentiles. Recent year estimates also point to an uptick in reported incidents. Investors commonly address this through property-level security measures, lighting, and resident engagement while monitoring city-wide trends and local enforcement initiatives.
The area draws from a diverse employment base that supports multifamily demand through short commutes and varied wage profiles, including healthcare, industrial gases, and telecom. Nearby anchors include Molina Healthcare, Air Products & Chemicals, Airgas, Time Warner Business Class, and International Paper Cypress Retail Packaging.
- Molina Healthcare — healthcare services (1.2 miles) — HQ
- Air Products & Chemicals — industrial gases (3.2 miles)
- Airgas — industrial gases (7.0 miles)
- Time Warner Business Class — telecommunications (9.6 miles)
- INTERNATIONAL PAPER Cypress Retail Packaging — packaging (9.7 miles)
225 E 12th St offers 2012 construction in a largely older-vintage Urban Core location, giving it an operational edge versus legacy stock while still allowing targeted upgrades as systems age. Neighborhood-level occupancy is stable and the renter-occupied share is high, indicating a sizable tenant base. Elevated ownership costs in the area reinforce renter reliance on multifamily housing, and abundant amenities—groceries, cafes, restaurants, and parks—support retention and leasing.
Within a 3-mile radius, the number of households has grown and is projected to increase, pointing to a larger tenant pool even as overall population trends are mixed. According to CRE market data from WDSuite, local income and rent trends, combined with high amenity access and strong employer proximity, support long-term demand, while security planning and rent-to-income management remain key underwriting considerations.
- 2012 vintage vs. older local stock supports competitive positioning and moderated near-term capex
- High renter-occupied concentration and amenity-rich location bolster leasing and retention
- Household growth within 3 miles expands the tenant base and supports occupancy stability
- Proximity to major employers underpins demand across wage tiers
- Risks: below-average neighborhood safety and affordability pressure require active security and leasing strategies