| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 77th | Good |
| Demographics | 29th | Poor |
| Amenities | 78th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 8939 Dudlext Ave, South Gate, CA, 90280, US |
| Region / Metro | South Gate |
| Year of Construction | 1989 |
| Units | 41 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
8939 Dudlext Ave South Gate Multifamily Investment
This 41-unit property built in 1989 benefits from neighborhood occupancy rates at 98.2%, well above metro averages, according to CRE market data from WDSuite.
The South Gate neighborhood presents a compelling investment environment with occupancy rates at 98.2%, ranking in the top quartile among 1,441 metro neighborhoods. The area maintains a strong rental market with 49.6% of housing units occupied by renters, supporting consistent tenant demand for multifamily properties.
Built in 1989, this property aligns with the neighborhood's average construction year of 1953, positioning it as newer vintage that may require less immediate capital expenditure compared to the surrounding building stock. The neighborhood demonstrates solid fundamentals with median contract rents at $1,548 and 45% rent growth over five years, indicating pricing power in the local market.
Demographics within a 3-mile radius show a population of approximately 315,500 residents with household income growth trends supporting rental demand. The area features strong amenity access with grocery stores ranking in the 97th percentile nationally and restaurant density in the 96th percentile, enhancing tenant retention potential through walkable conveniences.
Home values in the neighborhood average $590,215 with 46% appreciation over five years, creating conditions where elevated ownership costs reinforce rental demand and sustain renter reliance on multifamily housing. The rent-to-income ratio suggests affordability pressures that require careful lease management but also indicate limited tenant mobility to ownership alternatives.
The neighborhood demonstrates favorable safety metrics with property crime rates at 9.9 incidents per 100,000 residents, ranking in the top 2% among 1,441 metro neighborhoods. Violent crime rates are similarly low at 2.4 incidents per 100,000 residents, placing the area in the 89th percentile nationally for safety performance.
Crime trends show improvement with property offense rates declining 40% year-over-year, indicating positive momentum in neighborhood security conditions. These safety fundamentals support tenant retention and can contribute to stable occupancy patterns for multifamily properties in the area.
The property benefits from proximity to major corporate employers within the greater Los Angeles metro, providing workforce housing opportunities for a diverse employment base.
- Coca-Cola Downey — beverage manufacturing (3.6 miles)
- Raytheon Public Safety RTC — defense & technology (4.2 miles)
- Airgas — industrial gases (4.8 miles)
- International Paper — packaging & paper products (6.5 miles)
- Reliance Steel & Aluminum — metals distribution (7.9 miles) — HQ
This 41-unit property in South Gate presents a stable cash flow opportunity anchored by exceptional neighborhood occupancy fundamentals. At 98.2% occupancy, the local market ranks in the top quartile among Los Angeles metro neighborhoods, indicating strong tenant demand and limited vacancy risk. The 1989 construction year positions the asset as newer vintage within a neighborhood where average construction dates to 1953, potentially reducing near-term capital expenditure needs while maintaining competitive positioning.
Demographic trends within a 3-mile radius support long-term rental demand with household income growth and elevated home ownership costs that reinforce renter reliance on multifamily housing. The area's strong amenity density, including top-percentile grocery and restaurant access, enhances tenant retention potential. According to commercial real estate analysis from WDSuite, the combination of occupancy stability, rent growth momentum, and neighborhood safety metrics creates favorable conditions for sustained investment performance.
- Neighborhood occupancy at 98.2% ranks top quartile among 1,441 metro areas
- 1989 construction offers newer vintage advantage over neighborhood average
- Strong amenity access supports tenant retention and lease renewals
- Risk consideration: Rent-to-income ratios indicate affordability pressures requiring active lease management