| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 73rd | Fair |
| Demographics | 23rd | Poor |
| Amenities | 29th | Poor |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 12444 Cookacre Ave, Lynwood, CA, 90262, US |
| Region / Metro | Lynwood |
| Year of Construction | 1987 |
| Units | 20 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
12444 Cookacre Ave Lynwood Multifamily Investment
This 20-unit property benefits from strong neighborhood-level occupancy at 97.4%, well above metro averages, according to CRE market data from WDSuite.
The Lynwood neighborhood ranks in the 86th percentile nationally for occupancy stability, with 97.4% occupancy rates significantly outperforming broader Los Angeles metro trends. Built in 1987, this property requires capital planning consideration given the neighborhood's average construction year of 1946, positioning it as newer than typical area housing stock.
Demographics within a 3-mile radius show a stable renter base with 51.5% of housing units occupied by renters, supporting consistent multifamily demand. Household income growth of 38.1% over five years has strengthened tenant purchasing power, while median home values of $544,748 reinforce rental demand by keeping ownership costs elevated relative to renting options.
The area demonstrates mixed amenity access, with strong childcare density supporting family-oriented tenants but limited grocery and retail options that may impact tenant retention. Restaurant density ranks in the 86th percentile nationally, indicating established commercial activity. School ratings average 1.6 out of 5, which may influence family tenant demographics and lease renewal patterns.
Property crime rates in the neighborhood rank 1,229th among 1,441 Los Angeles metro neighborhoods, placing it in the lower quartile for safety metrics. However, property crime has declined 21.6% year-over-year, showing improvement trends that rank in the 65th percentile nationally for crime reduction.
Violent crime rates remain elevated compared to metro averages, ranking in the 14th percentile nationally. Investors should factor these safety metrics into tenant screening, security considerations, and insurance costs when evaluating operational expenses and tenant retention strategies.
The property benefits from proximity to diversified corporate employment, with industrial and healthcare anchors within reasonable commuting distance supporting workforce housing demand.
- Airgas — industrial gases and equipment (2.3 miles)
- Coca-Cola Downey — beverage manufacturing (4.2 miles)
- Raytheon Public Safety RTC — defense and aerospace (4.6 miles)
- Air Products & Chemicals — industrial chemicals (6.9 miles)
- Molina Healthcare — healthcare services (9.8 miles) — HQ
This 20-unit property offers value-add potential through its 1987 construction year, which positions it as newer than the neighborhood average while still presenting opportunities for strategic renovations and rent optimization. The neighborhood's 97.4% occupancy rate and 31.5% rent growth over five years demonstrate strong fundamentals, though investors should monitor the elevated rent-to-income ratios that may impact future lease renewals.
Demographic projections within the 3-mile radius show household income growth continuing with a forecasted 50.1% increase in median income by 2028, supporting tenant retention and gradual rent growth. The area's 51.5% renter occupancy rate provides a stable tenant pool, while proximity to major employers like Molina Healthcare and diversified industrial operations offers employment stability for the renter base.
- Neighborhood occupancy of 97.4% ranks in 86th percentile nationally
- Value-add opportunity with 1987 construction in older housing stock area
- Diversified employment base within 10 miles including healthcare and industrial anchors
- Risk consideration: Safety metrics rank below metro median requiring security planning