| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 80th | Good |
| Demographics | 94th | Best |
| Amenities | 98th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1114 Euclid St, Santa Monica, CA, 90403, US |
| Region / Metro | Santa Monica |
| Year of Construction | 1973 |
| Units | 21 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1114 Euclid St Santa Monica Multifamily Investment
Renter concentration is high and elevated ownership costs in this Santa Monica neighborhood help sustain multifamily demand, according to WDSuite’s CRE market data. Investors should expect steady leasing interest supported by amenity density and a deep professional tenant base.
This Urban Core pocket of Santa Monica ranks 5th among 1,441 Los Angeles-Long Beach-Glendale neighborhoods (A+ neighborhood rating), signaling strong location fundamentals for multifamily. Amenity access is a clear strength: restaurants, cafes, groceries, parks, and pharmacies all index in the top percentiles nationally, which supports renter retention and day-to-day convenience.
Schools are a notable differentiator, with the neighborhood’s average school rating positioned at the top of the metro (1st of 1,441) and in the highest national percentile. For renters prioritizing education, this underpins leasing stability relative to other Los Angeles submarkets.
Tenant depth is substantial. The share of housing units that are renter-occupied is high (top national percentile), indicating a deep, established renter base that can support absorption and renewal performance. Neighborhood rents sit near the top of national distributions, yet the rent-to-income ratio remains around a quarter of income, which helps balance pricing power with lease retention considerations.
Within a 3-mile radius, demographics show a high-income renter pool today and a projected increase in households over the next five years, even as average household size trends lower. That combination typically points to more one- and two-person households entering the market and supports demand for well-located apartments close to employment and services. Elevated home values (top national percentile) frame this as a high-cost ownership market, which tends to reinforce reliance on multifamily options and supports occupancy durability over time, based on CRE market data from WDSuite.
Safety indicators for this neighborhood trend below both metro and national benchmarks. The area is ranked toward the higher-crime end of Los Angeles-Long Beach-Glendale (closer to the bottom of 1,441 neighborhoods) and sits in a low national safety percentile, indicating comparatively elevated reported incidents versus U.S. neighborhoods overall.
Recent year-over-year changes point to increases in both property and violent offenses at the neighborhood level. For investors, practical mitigants often include on-site security measures, lighting, access control, and close coordination with professional management to support resident comfort and protect asset performance.
Proximity to major employers anchors local renter demand, with a concentration of corporate offices in healthcare, gaming, energy, engineering, and technology that supports commute-friendly housing and leasing stability.
- Abbott Laboratories — healthcare (1.8 miles) — HQ
- Activision Blizzard — video games (2.3 miles) — HQ
- Occidental Petroleum — energy (3.5 miles) — HQ
- AECOM — engineering (4.8 miles) — HQ
- Microsoft Offices The Reserves — technology offices (5.1 miles)
The investment case centers on location quality and renter demand depth. The neighborhood sits among the highest-ranked in the Los Angeles metro with top-percentile amenity access and school ratings, supporting both absorption and renewal velocity. Elevated home values in the immediate area point to a high-cost ownership landscape, which historically sustains multifamily demand and reduces competitive pressure from for-sale alternatives. According to CRE market data from WDSuite, the area’s NOI per unit performance is among the strongest nationally, reinforcing a favorable backdrop for well-executed operations.
Within a 3-mile radius, high median incomes and a forecast increase in households indicate a larger tenant base ahead, particularly as household sizes trend smaller—typically a tailwind for demand in professionally managed, centrally located assets. Balanced rent-to-income dynamics support ongoing pricing power while keeping an eye on retention. Key watch items include neighborhood safety metrics and occupancy that sits below national benchmarks, warranting hands-on leasing and property management to protect performance.
- Top-ranked Santa Monica location with elite amenities and schools supporting leasing strength
- Deep renter base and high-cost ownership market reinforce multifamily demand
- Strong operating backdrop; NOI per unit ranks among the highest nationally
- 3-mile forecast shows more households and smaller sizes, expanding the renter pool
- Risks: below-benchmark neighborhood safety and softer occupancy call for active management