| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 68th | Poor |
| Demographics | 43rd | Fair |
| Amenities | 72nd | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 13708 San Antonio Dr, Norwalk, CA, 90650, US |
| Region / Metro | Norwalk |
| Year of Construction | 2000 |
| Units | 65 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
13708 San Antonio Dr Norwalk Multifamily Opportunity
Neighborhood occupancy trends are in the top quartile nationally and competitive within the Los Angeles metro, according to WDSuite’s CRE market data, supporting stable leasing for a 65‑unit asset built in 2000.
Situated in Norwalk within the Los Angeles-Long Beach-Glendale metro, the property benefits from Urban Core fundamentals: grocery, restaurant, cafe, childcare, and pharmacy density all score above national averages, which typically supports daily convenience and renter retention. Park density is limited in the immediate area, so investors should weigh amenity access against open-space tradeoffs.
The neighborhood’s occupancy rate sits in the top quartile nationally and is competitive among Los Angeles neighborhoods (measured against 1,441 metro neighborhoods), indicating resilient renter demand and helping mitigate downtime risk. Median contract rents in the neighborhood have risen over the past five years while household incomes are comparatively strong, suggesting manageable affordability pressure and potential for steady collections. Use this as a directional input alongside multifamily property research and on-site comps.
The building’s 2000 vintage is newer than the area’s typical 1970s stock, offering a relative competitive edge versus older assets; investors should still plan for system refreshes and select modernization to maintain positioning. The surrounding ownership market carries elevated home values for the region, a context that tends to reinforce reliance on multifamily rentals and can support pricing power when managed carefully.
Within a 3-mile radius, demographics show a large, mature renter base with household sizes trending smaller over time and households projected to grow even as population remains roughly flat. This combination typically expands the renter pool and supports occupancy stability, with middle-to-upper income segments increasing—favorable for lease retention and renewal strategies.
Safety indicators benchmark below the national middle on both violent and property offenses, placing the area weaker than many neighborhoods nationwide. However, recent year-over-year data show a notable decline in property offenses, which is a constructive trend to monitor over additional periods rather than a definitive shift.
At the metro level (1,441 neighborhoods), conditions are mixed relative to peers, so investors should incorporate property-level security measures, lighting, and design, and compare incident trends on the surrounding blocks over multiple years to gauge stability and potential operating implications.
Nearby employers span auto parts distribution, telecom services, defense-related training, beverage distribution, and packaging, providing a diversified employment base that can support renter demand and commute convenience for workforce tenants.
- LKQ — auto parts distribution (2.1 miles)
- Raytheon Public Safety RTC — defense & aerospace training (2.7 miles)
- Time Warner Business Class — telecom services (2.7 miles)
- Coca-Cola Downey — beverage distribution (3.4 miles)
- International Paper — packaging (3.5 miles)
13708 San Antonio Dr offers a 65‑unit, 2000‑vintage asset positioned in a neighborhood with top‑quartile national occupancy and solid amenity density, supporting durable leasing fundamentals. Elevated ownership costs in the area tilt households toward renting, while incomes have strengthened, creating a backdrop for steady collections and disciplined rent growth. Based on CRE market data from WDSuite, these dynamics are competitive within the Los Angeles metro and align with sustained renter demand.
Forward-looking demographics within a 3‑mile radius point to a relatively flat population but an increase in households and smaller household sizes, which typically expands the renter pool and supports occupancy stability. Given the asset’s newer‑than‑area vintage, targeted upgrades can sharpen competitive positioning against older stock while managing capex.
- Top‑quartile national occupancy and competitive metro standing support lower downtime risk
- Elevated ownership costs reinforce reliance on rentals, aiding pricing power and retention
- 2000 vintage offers an edge over older local stock with selective value‑add potential
- 3‑mile household growth and smaller household sizes expand the prospective renter base
- Risk: Safety benchmarks trail national averages; underwriting should include security and operating contingencies