| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 76th | Fair |
| Demographics | 55th | Good |
| Amenities | 96th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 225 Long Beach Blvd, Long Beach, CA, 90802, US |
| Region / Metro | Long Beach |
| Year of Construction | 2008 |
| Units | 20 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
225 Long Beach Blvd Long Beach Multifamily Investment
Urban core positioning with strong amenity access and a deep renter base indicates durable leasing fundamentals, according to WDSuite s CRE market data.
Located in Long Beach s Urban Core, the neighborhood scores an A rating and ranks 185th among 1,441 Los Angeles Long Beach Glendale metro neighborhoods, placing it in the top quartile locally. Amenity density is a clear strength: restaurants and groceries sit in the high-90s national percentiles, with parks and pharmacies also performing near the top. For investors, this level of daily-needs and lifestyle access typically supports steady touring activity and resident retention.
The area skews renter-heavy, with a renter-occupied share positioned near the top of national comparisons. That concentration signals a deep tenant base for multifamily, while the neighborhood s occupancy rate sits above the national median, suggesting stable demand without relying on outsized concessions. Median asking rents benchmark above national norms, which aligns with the high-cost ownership context (value-to-income ratio in the mid-90s national percentile) that tends to reinforce reliance on rental housing and can sustain pricing power in well-managed assets.
Vintage context matters: the neighborhood s average construction year trends older (1960s), while this asset s 2008 delivery is comparatively newer. That typically improves competitive positioning versus legacy stock; however, investors should still plan for targeted modernization and system updates over the hold to maintain an edge.
Within a 3-mile radius, demographic data indicate modest population softening but an increase in household counts and a trend toward smaller household sizes. In practical terms, that points to renter pool diversification and a larger base of lease-ready households even as population growth moderates. Household incomes have risen over the past five years and are projected to continue advancing by 2028, supporting rent collections and potential renewal capture in professionally managed buildings, based on commercial real estate analysis from WDSuite.
School ratings trail national averages, which is common for dense urban cores and may shape unit mix performance toward singles and couples rather than family-heavy demand. Even so, the combination of amenity access, transit-friendly density, and a strong renter concentration remains supportive of multifamily leasing velocity.
Safety outcomes in this urban core sub-area are below both metro and national benchmarks. The neighborhood s overall crime rank sits in the lower tier among 1,441 Los Angeles Long Beach Glendale neighborhoods, and national percentiles indicate comparatively higher reported offense rates than many U.S. neighborhoods. Recent year-over-year trends also reflect increases in reported violent and property offenses.
Investors should incorporate prudent risk management enhanced lighting, access controls, partnerships with local patrols, and resident engagement when underwriting retention and operating expenses. Positioning the asset s relatively newer vintage and professional management around security and maintenance can help mitigate leasing friction tied to area safety perceptions.
Proximity to healthcare, industrial, and corporate services employers supports weekday traffic, commute convenience, and workforce housing demand. Key nearby employers include Molina Healthcare, Air Products & Chemicals, Airgas, International Paper (Cypress Retail Packaging), and Time Warner Business Class.
- Molina Healthcare healthcare services (0.63 miles) HQ
- Air Products & Chemicals industrial gases (3.85 miles)
- Airgas industrial gases & supplies (7.85 miles)
- INTERNATIONAL PAPER Cypress Retail Packaging packaging operations (9.79 miles)
- Time Warner Business Class telecom & business services (10.11 miles)
This 2008-vintage asset benefits from a high-amenity Urban Core location with a renter-heavy housing base and occupancy that trends above the national median. The local ownership cost profile is elevated relative to incomes, which typically sustains reliance on multifamily rentals and supports pricing power for well-operated properties. According to CRE market data from WDSuite, rents benchmark above national levels in this neighborhood, while household counts within a 3-mile radius are rising even as overall population eases, widening the pool of prospective renters and supporting occupancy stability.
Compared with the area s older average stock, a 2008 delivery offers relative competitiveness, though investors should plan for selective modernization to maintain positioning. Key risks to underwrite include below-average safety metrics and affordability pressure (rent-to-income), which call for focused asset management, expense discipline, and renewal strategy.
- Urban core amenities and transit-friendly density back steady leasing and renewals.
- Renter-occupied concentration and above-median occupancy support demand depth.
- 2008 vintage is competitively newer than the area s older housing stock; plan targeted updates for continued edge.
- High ownership costs reinforce rental demand and pricing power in professionally managed assets.
- Risks: below-average safety metrics and rent-to-income pressure require proactive leasing and retention management.