| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 83rd | Best |
| Demographics | 54th | Fair |
| Amenities | 0th | Poor |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 951 W 26th St, San Pedro, CA, 90731, US |
| Region / Metro | San Pedro |
| Year of Construction | 1974 |
| Units | 26 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
951 W 26th St San Pedro Multifamily Opportunity
Neighborhood occupancy is strong and consistent, supporting income stability for a 26-unit asset, according to WDSuite’s CRE market data. Elevated for-sale pricing locally further reinforces rental demand relative to ownership.
Located in San Pedro within the Los Angeles metro, the property sits in an Urban Core neighborhood with occupancy in the top quartile nationally. That backdrop points to steady leasing conditions for professionally managed multifamily, per WDSuite’s CRE market data.
Within a 3-mile radius, the renter-occupied share is roughly half of all housing units, indicating a deep tenant base and diversified demand beyond single-family ownership. Population and household counts have trended modestly upward and are projected to grow further by 2028, which supports a larger renter pool and helps sustain occupancy.
This is a high-cost ownership market relative to the nation, which typically sustains reliance on rental housing and can underpin pricing power. At the same time, rent-to-income metrics sit below many large coastal submarkets, suggesting comparatively manageable affordability pressure that can aid resident retention.
Local amenity density inside the immediate neighborhood is limited, and average school ratings trail metro and national norms. For investors, that mix favors cars for daily needs and suggests positioning toward value, space, and commute convenience rather than school-driven demand. Even so, the area’s occupancy performance and income profile remain competitive among Los Angeles neighborhoods.
Compared with neighborhoods nationwide, this area scores in the higher safety percentiles, indicating comparatively favorable conditions for residents and operators. Recent year-over-year data also shows notable declines in both violent and property offenses, placing the neighborhood among the stronger improvement cohorts nationally, based on WDSuite’s CRE market data.
Safety outcomes can vary by block and over time, but the combination of above-average national standing and improving trend supports leasing stability narratives for workforce and market-rate renters within the Los Angeles metro.
Proximity to established employers broadens the renter base and supports retention through commute convenience. Notable nearby employment nodes include Molina Healthcare, Air Products & Chemicals, Airgas, Mattel, and Southwest Airlines.
- Molina Healthcare — healthcare services (6.5 miles) — HQ
- Air Products & Chemicals — industrial gases (7.4 miles)
- Airgas — industrial gases (13.4 miles)
- Mattel — consumer products/toys (14.8 miles) — HQ
- Southwest Airlines Counter — airline operations (16.7 miles)
The investment case centers on durable renter demand in a high-cost ownership pocket of coastal Los Angeles. Occupancy performance is strong—top quartile nationally—and the 3-mile catchment shows a meaningful renter presence with projected growth in both households and incomes by 2028. According to CRE market data from WDSuite, these dynamics favor sustained absorption and support rent positioning relative to older single-family stock.
While amenity density and school ratings are lower than many LA neighborhoods—suggesting some commute and lifestyle trade-offs—the combination of elevated home values, steady renter concentration, and improving safety trends underpins a resilient multifamily thesis for well-managed assets.
- Strong neighborhood occupancy supports income stability
- High-cost ownership market reinforces rental demand and pricing power
- 3-mile radius shows expanding renter pool and rising incomes into 2028
- Proximity to diversified employers aids leasing and retention
- Risk: amenity-light location and below-average school ratings may narrow target renter segments