| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 77th | Good |
| Demographics | 31st | Poor |
| Amenities | 78th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 201 N Beacon St, San Pedro, CA, 90731, US |
| Region / Metro | San Pedro |
| Year of Construction | 2003 |
| Units | 48 |
| Transaction Date | 2000-09-06 |
| Transaction Price | $947,000 |
| Buyer | SANTA CRUZ TERRACE LP |
| Seller | BISCAYNE APARTMENTS INC |
201 N Beacon St, San Pedro Multifamily Investment
Neighborhood occupancy is strong and renter demand is deep, according to WDSuite s CRE market data, suggesting stable leasing fundamentals for a 2003-vintage asset in an Urban Core pocket of Los Angeles County.
This Urban Core neighborhood of San Pedro posts a B rating and ranks 594 out of 1,441 Los Angeles-Long Beach-Glendale metro neighborhoods, placing it above the metro median. Grocery, pharmacy, and dining access are notable strengths, with counts in the top quartile nationally, supporting day-to-day convenience that can aid retention and leasing.
Renter concentration is high: about 77% of housing units are renter-occupied, indicating a deep tenant base that supports multifamily absorption and renewal velocity. Neighborhood occupancy is about 95%, up over the past five years, which points to demand resilience relative to broader cycles based on CRE market data from WDSuite.
Amenities skew toward urban services rather than open space; restaurant and grocery density are strong (nationally high percentiles), while park access is limited within the immediate neighborhood. Average school ratings trail regional norms, which may influence unit mix positioning and marketing toward workforce and lifestyle renters rather than school-driven households.
The median construction year in the neighborhood is 1967, while the subject s 2003 vintage positions it newer than much of the local stock, offering relative competitiveness versus older assets; investors should still plan for systems modernization as the asset approaches mid-life. Elevated home values in the area reflect a high-cost ownership market, which tends to sustain reliance on rentals and can support pricing power when managed alongside rent-to-income considerations.
Safety trends are comparatively favorable: the neighborhood sits around the 71st percentile nationwide for safety, and ranks 470 out of 1,441 within the Los Angeles-Long Beach-Glendale metro competitive among metro neighborhoods. Recent year-over-year declines in both violent and property offense estimates, per WDSuite s CRE data, suggest an improving trend, though conditions can vary by block and over time.
Nearby corporate employers span healthcare, chemicals, industrial distribution, consumer products, and packaging a diversified base that supports workforce renter demand and commute convenience for residents. The list below reflects key names within commuting distance: Molina Healthcare, Air Products & Chemicals, Airgas, Mattel, and International Paper.
- Molina Healthcare healthcare (4.9 miles) HQ
- Air Products & Chemicals chemicals & industrial gases (5.5 miles)
- Airgas industrial distribution (11.5 miles)
- Mattel consumer products & entertainment (13.7 miles) HQ
- International Paper retail packaging (15.3 miles)
201 N Beacon St is a 48-unit, 2003-vintage asset positioned in a renter-heavy Urban Core pocket of San Pedro. Neighborhood occupancy is near the mid-90s and has trended higher over five years, indicating durable demand and supporting income stability. The property s newer vintage versus a local median year of 1967 provides competitive positioning against older stock, with potential to capture renters prioritizing modern layouts while planning for mid-life systems updates.
High ownership costs in the surrounding area reinforce reliance on multifamily housing, while a 3-mile radius shows steady population and household growth projections through 2028, pointing to a larger tenant base over time. According to CRE market data from WDSuite, amenity density (groceries, pharmacies, restaurants) is a notable local strength that can aid retention and leasing, even as limited park access and below-average school ratings warrant careful marketing and unit-mix strategy.
- Renter-heavy neighborhood with stable occupancy supports leasing durability
- 2003 vintage is newer than local stock, offering competitive positioning versus 1960s-era assets
- Strong urban amenity access (groceries, pharmacies, dining) aids retention and rent growth management
- 3-mile household growth outlook suggests a larger tenant base and supports occupancy stability
- Risks: limited park access and lower school ratings; manage affordability and marketing focus accordingly