| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 73rd | Fair |
| Demographics | 23rd | Poor |
| Amenities | 29th | Poor |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 12223 Atlantic Ave, Lynwood, CA, 90262, US |
| Region / Metro | Lynwood |
| Year of Construction | 2013 |
| Units | 99 |
| Transaction Date | 2005-01-21 |
| Transaction Price | $995,000 |
| Buyer | AMCAL PARK PLACE FUND L P |
| Seller | THE LYNWOOD REDEVELOPMENT AGENCY |
12223 Atlantic Ave Lynwood Multifamily Investment
Neighborhood occupancy has been resilient and competitive among Los Angeles neighborhoods, according to WDSuite’s CRE market data, supporting stable leasing at scale. With a slightly majority renter-occupied housing base within a 3-mile radius, demand depth aligns with workforce-driven multifamily fundamentals.
Lynwood sits within the Los Angeles-Long Beach-Glendale metro and functions as an urban core location where renting is common: within a 3-mile radius, just over half of housing units are renter-occupied, indicating a broad tenant base for multifamily. Neighborhood occupancy is strong relative to peers (top quartile nationally and above the metro median), which can support rent collections and retention through cycle turns.
Amenity access is mixed. Restaurant density is comparatively high (well above national averages), while immediate counts of cafes, grocery, parks, and pharmacies are thinner in the neighborhood, suggesting residents rely on a broader trade area for daily needs. For investors, this points to convenience that is more drive-oriented than walk-dependent, which can still sustain demand given regional commuting patterns.
Home values in the neighborhood trend elevated relative to national norms, and the value-to-income ratio ranks in a high national percentile. In practice, a high-cost ownership market tends to reinforce reliance on rental housing and can support pricing power, while the neighborhood’s rent-to-income levels indicate manageable affordability pressure that can aid lease retention.
Local schools rate below national averages, which some family renters may weigh against other factors such as unit size and value. The broader 3-mile demographic profile shows a modest population contraction in recent years but a slight increase in total households alongside shrinking household sizes—trends that can expand the renter pool even with stable population counts. Forward-looking projections from WDSuite indicate continued growth in households and rising incomes within the 3-mile radius, a setup that generally supports multifamily demand over time.
Safety indicators for the neighborhood are below the metro average and fall in the lower third nationally, signaling higher crime incidence than many Los Angeles neighborhoods. That said, recent year-over-year data show a notable decline in property offenses, an encouraging directional trend for operators monitoring security and loss prevention.
In metro context (ranked against 1,441 neighborhoods), the area does not sit among the competitive safety tiers; however, improving property offense trends suggest that risk management, lighting, and access controls can be meaningful levers for maintaining resident confidence. As always, investors should evaluate submarket and asset-level security measures rather than relying solely on neighborhood-wide metrics.
Nearby industrial and corporate employers provide a steady employment base and commute convenience for workforce renters, including Airgas, Coca-Cola Downey, Raytheon Public Safety RTC, Air Products & Chemicals, and International Paper.
- Airgas — industrial gases (2.46 miles)
- Coca-Cola Downey — beverage operations (4.11 miles)
- Raytheon Public Safety RTC — defense & public safety operations (4.47 miles)
- Air Products & Chemicals — industrial gases & chemicals (7.14 miles)
- International Paper — packaging & paper (7.56 miles)
Built in 2013, the 99-unit property offers newer-vintage product in a neighborhood where much of the housing stock skews older, providing relative competitiveness and potentially lower near-term capital needs while still allowing for targeted modernization over time. Neighborhood occupancy is strong—above the metro median and top quartile nationally—which, according to CRE market data from WDSuite, supports leasing stability for well-managed assets.
Within a 3-mile radius, a slightly majority renter-occupied housing base, rising household incomes, and projections for continued household growth point to a deeper tenant pool over the medium term. Larger average floorplans (about 1,205 sq. ft.) can appeal to family renters seeking space, while elevated ownership costs in the area help sustain multifamily demand. Key watch items include below-average school ratings and a safety profile that sits below metro norms, both of which call for active property management and resident engagement strategies.
- Newer 2013 construction offers competitive positioning versus older local stock with targeted value-add potential
- Strong neighborhood occupancy (above metro median) supports income durability
- Household growth and rising incomes within 3 miles expand the tenant base and support rent levels
- Larger average unit sizes (~1,205 sq. ft.) align with family renter demand
- Risks: subpar school ratings, below-metro safety metrics, and drive-oriented amenities warrant active management