| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 82nd | Best |
| Demographics | 91st | Best |
| Amenities | 45th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 5910 Bixby Village Dr, Long Beach, CA, 90803, US |
| Region / Metro | Long Beach |
| Year of Construction | 1986 |
| Units | 24 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
5910 Bixby Village Dr Long Beach Multifamily Opportunity
Neighborhood occupancy stands near 97.7%, indicating resilient leasing fundamentals in this Inner Suburb pocket of Long Beach, according to CRE market data from WDSuite. Strong household incomes and a high-cost ownership market further support renter demand in the immediate area.
Situated in Long Beach’s Inner Suburb near Bixby Village, the property benefits from a well-rated neighborhood (A-) with occupancy trends that are above metro medians and competitive nationally. While the overall amenity rank sits below the metro median among 1,441 Los Angeles–Long Beach–Glendale neighborhoods, nearby dining and cafes score competitively on a national basis, and access to parks ranks in the upper percentiles. Average school ratings around 4.5 out of 5 further enhance livability for households and support retention.
Construction in the neighborhood skews slightly older than the subject’s 1986 vintage (area average 1980). This positions the asset as somewhat newer than the local stock, suggesting relative competitiveness versus older comparables while still warranting routine modernization planning for aging systems and common areas.
Tenure patterns are mixed: the immediate neighborhood shows a lower renter-occupied share (25.8%), but within a 3-mile radius renters account for roughly 47% of occupied housing units. For investors, this indicates a thinner tenant base right around the property but a deeper renter pool across the broader trade area, which can support leasing and reduce exposure to a single micro-pocket of demand.
Three-mile demographics indicate a sizable and growing demand base. Population and household counts have increased in recent years and are projected to continue rising through 2028, contributing to a larger tenant base. Income growth in the area has been strong, and with elevated home values relative to incomes, rental housing remains a practical option for many households—supportive of occupancy stability and pricing power over the medium term. These dynamics align with neighborhood NOI per unit performance that sits above national medians, based on CRE market data from WDSuite.
Safety metrics in the immediate neighborhood track below both metro and national averages. The area ranks toward the lower end among 1,441 Los Angeles–Long Beach–Glendale neighborhoods, and national percentiles indicate comparatively higher exposure to both property and violent offenses versus many U.S. neighborhoods. Recent estimates suggest a year-over-year uptick in both property and violent offense rates.
Investors typically underwrite prudent security measures, lighting, and access controls in locations with similar profiles and may emphasize resident communication and partnerships with local law enforcement. As always, review the most current local crime data and trends for the specific block and submarket during diligence.
The area draws from a diverse employment base spanning healthcare, packaging/manufacturing, communications, industrial gases, and chemicals—supporting workforce housing demand and commute convenience for renters in this Long Beach submarket.
- Molina Healthcare — healthcare services (4.8 miles) — HQ
- INTERNATIONAL PAPER Cypress Retail Packaging — packaging (5.7 miles)
- Air Products & Chemicals — industrial gases & chemicals (7.2 miles)
- Time Warner Business Class — communications services (7.4 miles)
- Airgas — industrial gases & distribution (8.1 miles)
This 24-unit, 1986-vintage asset in Long Beach’s Inner Suburb submarket is supported by strong neighborhood occupancy (top quartile nationally) and solid income profiles that help sustain rent levels. Being slightly newer than the neighborhood average positions the property competitively versus older stock, while prudent capital planning can capture value through targeted upgrades to interiors and common areas. According to CRE market data from WDSuite, the immediate neighborhood shows elevated home values relative to incomes, which tends to reinforce reliance on multifamily rental housing and supports retention.
Three-mile demographics point to population growth, an increase in households, and rising incomes through 2028—factors that expand the renter pool and help support occupancy stability. While the hyperlocal renter-occupied share is lower, the broader trade area offers a deeper tenant base. Investors should balance these positives with security planning given local safety readings and selectively address convenience gaps (such as limited immediate grocery/pharmacy presence) to strengthen leasing and renewals.
- Occupancy strength in the neighborhood supports stable leasing and renewals
- 1986 vintage offers competitive positioning vs. older local stock with value-add potential
- High home values vs. incomes reinforce demand for rental housing
- Three-mile population and income growth broaden the tenant base through 2028
- Risks: below-average safety metrics and limited immediate convenience retail warrant mitigation