| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 82nd | Best |
| Demographics | 84th | Best |
| Amenities | 93rd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1300 Park View Ave, Manhattan Beach, CA, 90266, US |
| Region / Metro | Manhattan Beach |
| Year of Construction | 1997 |
| Units | 104 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1300 Park View Ave Manhattan Beach Multifamily Investment
High-cost homeownership and stable neighborhood occupancy support durable rental demand in Manhattan Beach, according to WDSuite’s CRE market data.
This inner-suburb location scores an A+ neighborhood rating and ranks 34 out of 1,441 Los Angeles–area neighborhoods, positioning it above the metro median with strong fundamentals for multifamily. Amenities are deep and convenient — grocery, restaurant, cafe, parks, and pharmacy access all trend in the top quartile nationally — supporting day-to-day livability that can aid resident retention.
Schools are a standout, with the neighborhood’s average rating at the top of the metro (1st of 1,441), which can bolster family demand and reduce turnover risk. Neighborhood occupancy is high and has strengthened over the last five years, suggesting steady leasing conditions relative to broader Los Angeles trends based on CRE market data from WDSuite.
Renter concentration within the neighborhood is relatively limited at roughly three in ten housing units being renter-occupied, indicating a smaller but higher-income tenant pool. Within a 3-mile radius, demographics show modest recent population and household growth with high median incomes and a projected increase in households through 2028, pointing to renter pool expansion and support for occupancy stability. Elevated home values signal a high-cost ownership market, which typically sustains reliance on multifamily housing and can reinforce pricing power for well-located assets.
Vintage context matters: the average neighborhood construction year skews older (early 1980s). A 1997-vintage asset competes favorably versus older stock, while investors should still plan for modernization of aging systems or common areas to maintain competitive positioning.
Neighborhood safety indicators trend better than many areas nationally, with overall crime levels around the 68th percentile for safety compared with neighborhoods nationwide. Recent year-over-year data also shows notable declines in both property and violent offense rates, indicating an improving trend rather than a one-off result.
Within the Los Angeles metro (1,441 neighborhoods), this area performs above the metro average, and improvement momentum is a constructive signal for long-term leasing stability. As always, safety varies block to block; investors should pair these directional metrics with on-the-ground diligence and property-level controls.
Proximity to established employers supports a stable, professional renter base and convenient commutes for residents. Nearby demand drivers include headquarters and regional offices in toys, airlines, software, cybersecurity, and healthcare.
- Mattel — consumer products/toys (1.5 miles) — HQ
- Southwest Airlines Counter — airline operations (3.4 miles)
- Microsoft Offices The Reserves — software (5.7 miles)
- Symantec — cybersecurity (6.2 miles)
- Abbott Laboratories — healthcare/medical devices (8.9 miles) — HQ
1300 Park View Ave is a 104-unit asset in a high-income, amenity-rich Manhattan Beach neighborhood where home values are elevated and neighborhood occupancy remains resilient. The 1997 vintage is newer than the area’s early-1980s average, offering competitive positioning versus older stock while leaving room for targeted upgrades to sustain rent growth and retention. Based on CRE market data from WDSuite, the submarket shows strong schools, deep amenities, and improving safety — conditions that support steady leasing performance for well-managed communities.
Within a 3-mile radius, recent population and household growth alongside rising incomes point to a larger tenant base over the medium term. The neighborhood’s relatively limited renter-occupied share suggests demand is concentrated among higher-earning households, while the high-cost ownership environment reinforces reliance on multifamily housing and supports pricing power when paired with disciplined lease management.
- High-income, low-ownership alternative location supports durable multifamily demand and retention
- 1997 vintage out-positions older neighborhood stock; targeted capex can enhance competitiveness
- Amenity depth and top-ranked schools (1st of 1,441 metro neighborhoods) underpin long-term appeal
- 3-mile demographics show growing, high-earning renter pool, supporting occupancy stability
- Risk: smaller renter concentration in the immediate neighborhood may limit depth; asset performance relies on quality operations and competitive finishes