| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 91st | Best |
| Demographics | 44th | Fair |
| Amenities | 30th | Poor |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 9800 Jersey Ave, Santa Fe Springs, CA, 90670, US |
| Region / Metro | Santa Fe Springs |
| Year of Construction | 1982 |
| Units | 34 |
| Transaction Date | 2022-12-06 |
| Transaction Price | $12,497,000 |
| Buyer | VILLA VERDE HOUSING PARTNERS LP |
| Seller | WALTON ASSOCIATED COMPANIES |
9800 Jersey Ave Santa Fe Springs Multifamily Investment
Neighborhood occupancy is exceptionally tight and renter demand is reinforced by a high-cost ownership market, according to WDSuite s CRE market data, supporting stable operations for a well-run asset in Santa Fe Springs.
Located in an Urban Core pocket of Los Angeles County, the neighborhood surrounding 9800 Jersey Ave shows strong multifamily fundamentals relative to the metro. Neighborhood occupancy is measured at the neighborhood level and currently ranks at the top among 1,441 Los Angeles metro neighborhoods, signaling minimal available supply and potential support for lease retention and pricing discipline. Housing fundamentals overall are competitive locally, with a housing rank that places the area in the top tier among 1,441 neighborhoods.
Renter-occupied housing accounts for a meaningful share of neighborhood units (renter concentration), placing the area above the national median for renter intensity. For investors, this indicates a deep tenant base and demand stability for mid-size properties. Within a 3-mile radius, households are projected to grow even as average household sizes trend smaller, which can expand the local renter pool and support occupancy stability for professionally managed assets.
Local amenity access is mixed. Caf e9 and restaurant density trends high by national comparison (caf e9s are in the top quartile nationally and restaurants are above average), while grocery, pharmacy, childcare, and park counts are limited within the immediate neighborhood footprint. This pattern is common in industrial-adjacent sub-areas of the Los Angeles-Long Beach-Glendale metro and suggests residents may rely on nearby districts for daily services.
Home values in the neighborhood sit well above national norms, a high-cost ownership backdrop that typically sustains rental demand and can support pricing power for well-maintained communities. Rent-to-income levels trend manageable by national standards, which can aid retention, though continued rent growth should be balanced with thoughtful lease management.
The average construction year for the neighborhood skews newer, while this property a0(1982) is older than nearby stock. For investors, that vintage can translate into value-add or systems modernization opportunities to improve competitive positioning versus 2010-vintage and newer comparables.
Comparable safety insights at the neighborhood level are not fully available in WDSuite s current dataset for this location. Investors typically benchmark against metro medians and trend direction; in the absence of complete neighborhood crime metrics, underwriting should incorporate standard diligence and comparisons to adjacent Los Angeles-Long Beach-Glendale neighborhoods.
The immediate area features a diverse employment base across packaging, public safety technology, beverages, auto parts, and communications services, supporting workforce housing demand and commute convenience for renters.
- International Paper d packaging (0.9 miles)
- Raytheon Public Safety RTC d public safety technology (2.4 miles)
- Coca-Cola Downey d beverages and distribution (2.6 miles)
- LKQ d auto parts & distribution (3.6 miles)
- Time Warner Business Class d communications services (5.6 miles)
9800 Jersey Ave is a 34-unit, 1982-vintage community positioned in a neighborhood with extremely tight occupancy and above-average renter concentration at the neighborhood level. Elevated home values across the area reinforce reliance on rental housing, while rent-to-income appears manageable, supporting retention for well-managed assets. Based on commercial real estate analysis from WDSuite, the surrounding 3-mile radius shows rising incomes and a projected increase in households alongside smaller household sizes a0 d dynamics that can expand the tenant base and support stabilized operations.
The asset a0is older than much of the nearby stock, creating potential value-add and systems modernization angles to compete against newer deliveries. Amenity access is mixed (strong food & beverage density but limited groceries and parks within the immediate footprint), which should be reflected in marketing and resident experience planning.
- Neighborhood-level occupancy ranks at the top of 1,441 Los Angeles metro neighborhoods, indicating minimal available supply and support for rent stability.
- High-cost ownership market sustains rental demand and can underpin pricing power for well-maintained units.
- Within 3 miles, rising incomes and more households with smaller sizes point to a broader tenant base and leasing durability.
- 1982 vintage offers value-add and capital planning opportunities to enhance competitiveness versus newer local stock.
- Risks: limited immediate grocery/park access, modest population softness nearby, and potential CapEx from an older vintage warrant conservative underwriting.