| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 82nd | Best |
| Demographics | 94th | Best |
| Amenities | 78th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 13100 W Maxella Ave, Marina Del Rey, CA, 90292, US |
| Region / Metro | Marina Del Rey |
| Year of Construction | 1984 |
| Units | 50 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
13100 W Maxella Ave Marina del Rey Multifamily Investment
Positioned in an Urban Core pocket with strong renter demand and high-income households, the asset benefits from a deep tenant base and resilient leasing fundamentals, according to CRE market data from WDSuite. Neighborhood occupancy is solid and local ownership costs are elevated, which tends to support sustained reliance on multifamily housing.
Marina del Rey’s Urban Core location combines daily convenience and executive employment access that appeal to renters. The neighborhood ranks 258 among 1,441 Los Angeles metro neighborhoods for overall amenities and sits in the top quartile nationally for amenity access, with particularly strong density of cafes, groceries, pharmacies, and restaurants. Park density ranks at the bottom of the metro (1,441 of 1,441), so on-site and private recreation features can be an advantage for retention.
For investors, the area’s income and education profile is a key demand driver. The neighborhood’s demographics rank 19 of 1,441 in the metro and are top quartile nationally, reflecting a concentration of higher-earning, well-educated renters who value proximity to Westside job centers. Elevated home values (top national percentile) indicate a high-cost ownership market, which reinforces reliance on multifamily housing and can support pricing power and lease retention.
Tenure data aggregated within a 3-mile radius show a renter-occupied share around six in ten units, signaling depth in the multifamily renter pool and durable demand across unit types. Within the same 3-mile radius, forecasts point to an increase in households alongside a modest decline in average household size, expanding the prospective tenant base and supporting occupancy stability.
Vintage also factors into competitive positioning. The asset’s 1984 construction is newer than the neighborhood’s average vintage (1972), which helps competitiveness versus older stock; investors should still underwrite mid-life system updates or targeted renovations to capture value-add upside. Neighborhood NOI per unit performance ranks 66 of 1,441 in the metro and is top quartile nationally, underscoring strong revenue potential relative to many peer locations.
Safety indicators compare favorably on both metro and national scales. The neighborhood’s crime rank is 56 of 1,441 within Los Angeles, translating to competitive safety among metro neighborhoods and a top-quartile standing nationally. Violent offense metrics show similar positioning, with ranks near the safer end of the metro and high national percentiles, while property offense rates have improved materially year over year.
As always, conditions can vary by block and over time; investors should pair these neighborhood-level trends with property-specific diligence. The broader takeaway is that the area’s comparative safety profile supports renter appeal and leasing stability relative to many Los Angeles submarkets.
Proximity to Westside employers supports a steady commuter renter base and retention. Nearby corporate offices include Microsoft, Activision Blizzard, Symantec, Abbott, and Southwest Airlines, offering diversified white-collar employment within short drive times.
- Microsoft Offices The Reserves — software (1.1 miles)
- Activision Blizzard — video games & publishing (2.3 miles) — HQ
- Symantec — cybersecurity (2.7 miles)
- Abbott Laboratories — healthcare products (2.9 miles) — HQ
- Southwest Airlines Counter — airline operations (3.5 miles)
13100 W Maxella Ave offers 50 units in a high-demand Westside location where elevated ownership costs and a strong professional employment base underpin multifamily absorption. The neighborhood shows solid occupancy, top-quartile amenity access, and strong income/education indicators, while the 3-mile radius reflects a large renter base with a projected increase in households that should broaden the tenant pool and support leasing stability. According to CRE market data from WDSuite, neighborhood NOI per unit performance is competitive metro-wide and top quartile nationally, aligning with durable revenue potential for well-managed assets.
Built in 1984, the property is newer than the area’s average vintage, supporting competitive positioning versus older stock; investors should plan for mid-life system upgrades or targeted renovations to capture value-add upside. Key risks include limited park density in the immediate neighborhood, mid-cycle capex needs, and sensitivity to broader Los Angeles demand cycles, but the location’s employment access and renter depth provide counterweights.
- Westside location with diversified, nearby employers supports steady renter demand and retention
- High-cost ownership market sustains reliance on rentals, aiding pricing power and lease stability
- 3-mile radius shows large renter base with projected household growth, supporting occupancy
- 1984 vintage offers competitive positioning versus older stock with targeted value-add potential
- Risks: limited park density, mid-life capex, and exposure to broader LA cycle