| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 73rd | Fair |
| Demographics | 23rd | Poor |
| Amenities | 29th | Poor |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 4169 Carlin Ave, Lynwood, CA, 90262, US |
| Region / Metro | Lynwood |
| Year of Construction | 1987 |
| Units | 20 |
| Transaction Date | 1998-04-02 |
| Transaction Price | $577,500 |
| Buyer | UNGERLAND BRUCE |
| Seller | FIDELITY FEDERAL BANK FSB |
4169 Carlin Ave, Lynwood CA Multifamily Investment
Neighborhood occupancy is high and has held near the top quartile locally, supporting stable tenancy potential, according to WDSuite’s CRE market data. Renter demand is reinforced by a high-cost ownership market in Los Angeles County.
Located in Lynwood within the Los Angeles-Long Beach-Glendale metro, the property sits in a neighborhood with above-median occupancy relative to the metro (ranked 348 out of 1,441 neighborhoods, top quartile nationally), which helps underpin leasing stability for small multifamily assets. Median contract rents in the neighborhood are positioned above many U.S. areas (national percentile ~77), signaling pricing power potential when paired with prudent lease management.
The area’s ownership landscape is high-cost (median home values rank around the 87th national percentile, and the value-to-income ratio trends near the 93rd percentile), which typically sustains reliance on rental housing and can support retention. Within the neighborhood, approximately 41.7% of housing units are renter-occupied, indicating a meaningful—though not dominant—renter concentration that provides depth to the tenant base without excessive turnover exposure.
Three-mile radius demographics show households increased modestly over the last five years and are projected to grow further by 2028, even as population trends flatten and average household size declines. For investors, a rising household count with smaller household sizes points to a broader pool of renting households and support for occupancy. Median household incomes have risen, and WDSuite’s data indicates contract rents have grown historically with additional growth projected, suggesting room for disciplined rent adjustments while monitoring affordability pressure.
Local amenities are mixed: restaurant density is relatively strong (nationally around the mid-80s percentile), while neighborhood-level access to parks, groceries, and pharmacies is thinner, which may shift some errands to nearby areas. Average school ratings are below the national midpoint, which could factor into demand among family renters; investors should calibrate unit mix, finishes, and pricing to align with these dynamics.
Built in 1987, the property is newer than the neighborhood’s average vintage (1946). This relative youth can enhance competitive positioning versus older local stock, though investors should still budget for modernization of aging systems or selective value-add improvements to meet renter expectations.
Safety indicators for the neighborhood track below the metro average (ranked 1,133 out of 1,441 Los Angeles–area neighborhoods), and are below average nationally (around the mid-30s percentile). That said, WDSuite’s data shows property offenses declined year over year (approximately -21.6%), an encouraging directional trend to monitor alongside local initiatives and on-site management practices.
Investors should underwrite with conservative assumptions, emphasize lighting, access control, and coordination with professional property management, and evaluate how safety perceptions may affect leasing velocity and renewal strategies relative to nearby submarkets.
Proximity to industrial, logistics, and corporate operations supports a broad workforce renter base and commute convenience. Nearby employers include Airgas, Coca-Cola Downey, Raytheon Public Safety RTC, Air Products & Chemicals, and International Paper.
- Airgas — industrial gases & distribution (2.7 miles)
- Coca-Cola Downey — beverage operations (4.3 miles)
- Raytheon Public Safety RTC — defense & public safety operations (4.7 miles)
- Air Products & Chemicals — industrial gases (7.1 miles)
- International Paper — packaging & paper (7.8 miles)
4169 Carlin Ave offers a 20-unit, 1987-vintage footprint in a neighborhood that exhibits above-median metro occupancy and nationally competitive stability. Elevated ownership costs across Los Angeles County and a meaningful local renter concentration support depth of demand, while three-mile demographics show rising households and smaller household sizes—factors that can expand the renter pool and help sustain occupancy and renewal outcomes.
Rents in the area have grown historically with additional increases projected, and, according to CRE market data from WDSuite, neighborhood occupancy ranks in the top quartile locally and well above national medians—favorable for lease management and pricing discipline. Given the asset’s vintage relative to older neighborhood stock, targeted upgrades and system refreshes can position the property competitively, while underwriting should account for mixed amenity access, below-median school ratings, and safety considerations.
- Above-median metro occupancy and strong national standing support leasing stability
- High-cost ownership market reinforces renter reliance and retention potential
- 1987 vintage vs. older neighborhood stock enables value-add and modernization upside
- Growing households within 3 miles point to a larger tenant base despite flat population
- Risks: thinner neighborhood amenities, below-average school ratings, and safety metrics below metro averages