| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 82nd | Best |
| Demographics | 91st | Best |
| Amenities | 45th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 5936 Bixby Village Dr, Long Beach, CA, 90803, US |
| Region / Metro | Long Beach |
| Year of Construction | 1986 |
| Units | 20 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
5936 Bixby Village Dr Long Beach 20-Unit Multifamily
High neighborhood occupancy and a deep renter base point to steady leasing conditions for this 20-unit asset, according to WDSuite s CRE market data. Strength in nearby incomes and schools supports rent resilience, with pricing set by an established coastal Long Beach submarket.
Located in Long Beach s inner-suburban coastal pocket, the property benefits from a neighborhood rated A- and positioned above metro median overall (ranked 258 out of 1,441 Los Angeles Long Beach Glendale neighborhoods). Occupancy in the neighborhood measures 97.7%, indicating tight conditions that typically support stable collections and limited downtime between turns, based on CRE market data from WDSuite.
Daily-life amenities are present, with restaurants in the top decile nationally by density and cafes also strong, while groceries and pharmacies are less concentrated locally. Average school ratings are competitive (top quartile nationally), a factor that can enhance retention for larger units and support premium positioning relative to older stock nearby.
Built in 1986, the asset is newer than the neighborhood s average vintage (1980). For investors, that tends to mean more competitive finishes and systems versus older 1970s-era peers, while still planning for mid-life component upgrades and selective value-add to match today s renter expectations.
Demographic statistics aggregated within a 3-mile radius indicate a sizeable and economically diverse renter pool. Households have grown in recent years with further growth projected, signaling a larger tenant base and supporting occupancy stability. Renter-occupied housing units account for roughly half of the area s stock (within the 3-mile view), which suggests depth for multifamily demand and recurring leasing velocity.
Home values in the neighborhood are elevated relative to national norms, and median contract rents trend high, reinforcing reliance on multifamily housing. For investors, this dynamic can support pricing power and longer tenancy, though lease management should balance rent growth with retention where rent-to-income ratios indicate potential affordability pressure.
Safety indicators for the neighborhood trend below both metro and national benchmarks. The area ranks toward the higher-crime end within the Los Angeles Long Beach Glendale metro (near the bottom cohort among 1,441 neighborhoods), and national percentiles place it below average for safety. Recent year-over-year changes in both property and violent offense estimates point to variability rather than a consistent improvement trend.
For investors, this context argues for prudent operational measures: well-lit common areas, access control, and resident engagement can support tenant retention and mitigate perception risk. Comparative underwriting should reflect submarket-level comps with similar safety profiles rather than citywide averages.
The location draws from a diversified employment base that supports multifamily demand through commute convenience to healthcare, packaging, industrial gases/chemicals, telecom, and related corporate functions.
- Molina Healthcare — healthcare services (4.7 miles) — HQ
- INTERNATIONAL PAPER Cypress Retail Packaging — packaging (5.8 miles)
- Air Products & Chemicals — industrial gases & chemicals (7.1 miles)
- Time Warner Business Class — telecom services (7.5 miles)
- Airgas — industrial gases (8.1 miles)
This 20-unit 1986-vintage asset sits in an A- rated Long Beach neighborhood with tight occupancy (97.7%) and strong household fundamentals, supporting stable cash flow potential relative to many Los Angeles area peers. Elevated for-sale home values in the neighborhood, alongside high median asking rents, tend to sustain renter reliance on multifamily housing and can underpin rent levels through cycles, per commercial real estate analysis from WDSuite.
Compared with older local stock, the 1986 vintage provides competitive positioning with scope for targeted renovations to kitchens, baths, and building systems. A deep 3-mile renter base and projected household growth suggest ongoing tenant demand; underwriting should pair this strength with thoughtful retention strategies where rent-to-income levels signal potential affordability pressure.
- Tight neighborhood occupancy supports cash flow durability and limits downtime.
- 1986 vintage offers competitive positioning with clear value-add and modernization levers.
- Elevated home values reinforce multifamily demand and pricing power potential.
- Diversified nearby employers underpin leasing stability and reduce concentration risk.
- Risks: safety metrics trail metro averages and affordability pressure may affect retention; mitigate via security, amenity, and lease management.