| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 76th | Good |
| Demographics | 46th | Fair |
| Amenities | 44th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 3225 Long Beach Blvd, Long Beach, CA, 90807, US |
| Region / Metro | Long Beach |
| Year of Construction | 1988 |
| Units | 56 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
3225 Long Beach Blvd, Long Beach CA Multifamily Investment
According to WDSuite’s CRE market data, the surrounding neighborhood shows top‑quartile occupancy and a high‑cost ownership landscape that tends to sustain renter demand, while nearby retail and job access support steady leasing fundamentals.
The property sits in Long Beach’s Urban Core, where the neighborhood’s occupancy is top quartile nationally, indicating stable renter demand at the neighborhood level rather than at the property itself. Grocery access is comparatively strong (high national percentile), and restaurant density is competitive, while parks, pharmacies, cafes, and childcare are more limited — an amenity mix that favors daily needs over lifestyle offerings.
Within a 3‑mile radius, demographics point to a sizable renter pool: approximately 62.6% of housing units are renter‑occupied, households have increased even as population has edged down, and average household size is trending smaller. For investors, this combination suggests a larger tenant base and potential support for occupancy stability and renewal rates as more, smaller households seek rental options.
Home values in the neighborhood are elevated relative to national comparisons (high national percentile), reinforcing reliance on multifamily rentals and supporting pricing power, provided lease management accounts for affordability. Rent-to-income metrics are relatively favorable for retention in this area, based on CRE market data from WDSuite.
The asset’s 1988 vintage is newer than the neighborhood’s average construction year (1974), which can offer a competitive edge versus older 1970s stock; however, investors should still underwrite for modernization of aging systems and select unit/interior upgrades to drive rent premiums.
Neighborhood safety metrics benchmark below national medians, with crime levels ranking weaker than many Los Angeles–Long Beach–Glendale neighborhoods. Recent year readings indicate increases in both property and violent offenses at the neighborhood level. Investors commonly address this with targeted capital for lighting, access controls, and operational coordination to support resident retention and mitigate risk.
Nearby employers provide diverse white‑collar and industrial employment that supports the renter base through commute convenience and job stability, including industrial gases, managed care, telecom, and public safety technology offices.
- Air Products & Chemicals — industrial gases (2.45 miles)
- Molina Healthcare — managed care (3.45 miles) — HQ
- Airgas — industrial gases (4.73 miles)
- Time Warner Business Class — telecom services (8.25 miles)
- Raytheon Public Safety RTC — public safety technology (8.79 miles)
3225 Long Beach Blvd offers scale at 56 units in a neighborhood that, per WDSuite, registers top‑quartile occupancy nationally and benefits from a high‑cost ownership market that reinforces reliance on rentals. Within 3 miles, the renter share is substantial and households are trending upward even as population moderates, indicating a larger tenant base driven by smaller household sizes and steady leasing needs.
The 1988 vintage positions the asset competitively versus older local stock, with potential to capture value through system upgrades and targeted interior renovations. Proximity to a diversified employment base further supports demand. Based on commercial real estate analysis from WDSuite, sustaining occupancy and rent growth should hinge on effective lease management and measured capital planning given amenity gaps and below‑median safety readings in the immediate neighborhood.
- High neighborhood occupancy and strong renter reliance support leasing durability.
- 1988 construction offers competitive positioning versus 1970s stock, with value‑add upgrade potential.
- Diverse nearby employers underpin demand and retention through commute convenience.
- Elevated ownership costs locally bolster pricing power for well‑managed multifamily assets.
- Risk: amenity gaps and below‑median safety metrics warrant security capex and active operations.