| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 75th | Fair |
| Demographics | 48th | Fair |
| Amenities | 61st | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1326 W Carson St, Torrance, CA, 90501, US |
| Region / Metro | Torrance |
| Year of Construction | 1990 |
| Units | 32 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1326 W Carson St Torrance Multifamily Opportunity
Positioned in an Urban Core pocket of Torrance with steady renter demand and neighborhood occupancy measured at the neighborhood level, this asset benefits from strong local amenities and a deep tenant base, according to CRE market data from WDSuite. The location supports durable leasing while offering potential operational upside from targeted upgrades.
The neighborhood ranks 656 out of 1,441 Los Angeles metro neighborhoods overall (B rating), placing it competitive among Los Angeles-Long Beach-Glendale, CA neighborhoods. Food-and-beverage access is a local strength, with restaurant and cafe density in the top quartile nationally, while pharmacies and groceries also score above national norms. Limited immediate parks and formal childcare options suggest residents rely more on private amenities and nearby districts for recreation and services.
Multifamily fundamentals are supported by a renter concentration of 57.2% of housing units and neighborhood occupancy around 90.2% (both measured for the neighborhood, not this property), signaling depth in the tenant pool and generally stable lease-up dynamics. Median contract rents and household incomes trend above national benchmarks, and the rent-to-income ratio of 0.23 indicates relatively manageable affordability pressure, contributing to retention for well-managed assets.
The area’s housing stock averages 1973 construction, while this property was built in 1990. The newer vintage versus neighborhood norms enhances competitive positioning and may reduce near-term capital needs; investors can still evaluate selective renovations or systems modernization to drive rent trade-outs and operating efficiency.
Within a 3-mile radius, demographics show a slight population contraction alongside a modest increase in households and a forecast for additional household growth with smaller average household sizes. This shift generally expands the renter pool and supports occupancy stability; higher home values locally (top decile nationally) mean the high-cost ownership market tends to sustain reliance on multifamily housing.
Schools in the area average around the middle of the national distribution (above the 50th percentile), which can support family-oriented renter demand. Overall amenity access is solid (amenity rank 575 of 1,441 — competitive among metro peers), though the trade-off is less park acreage in the immediate vicinity.
Safety indicators are comparatively favorable in this part of the Los Angeles metro. The neighborhood’s crime ranking sits in the top quartile among 1,441 metro neighborhoods and around the 77th percentile nationally for safety, indicating comparatively lower reported crime versus many peer areas.
Recent trends also point to improving conditions, with estimated violent and property offense rates declining year over year. Investors should still underwrite property-level security and lighting and monitor submarket trends, but the directional data supports tenant retention and leasing stability.
Nearby employers in healthcare, consumer products, and industrial gases provide a diverse employment base that supports workforce housing demand and commute convenience. The list below highlights key names proximate to the property that can underpin leasing and renewal velocity.
- Air Products & Chemicals — industrial gases (4.1 miles)
- Molina Healthcare — healthcare services (7.3 miles) — HQ
- Mattel — consumer products (8.1 miles) — HQ
- Airgas — industrial gases (8.4 miles)
- Southwest Airlines Counter — airline services (9.9 miles)
1326 W Carson St is a 32-unit, 1990-vintage asset positioned in a renter-heavy Urban Core pocket of Torrance. Neighborhood-level occupancy is steady and the renter-occupied share is high, supporting a resilient tenant base and predictable leasing. Elevated home values relative to incomes reinforce reliance on rentals, while a rent-to-income profile that trends more manageable can aid renewals and limit turnover. Based on CRE market data from WDSuite, amenity access is a differentiator (strong food, cafe, pharmacy, and grocery density), with the main trade-off being limited nearby parks.
The 1990 construction offers relative competitiveness versus older local stock (average 1973), with potential to capture value through targeted interior updates and systems efficiency projects. Within a 3-mile radius, households are increasing and are projected to expand further as average household sizes decline, which generally implies a broader renter pool and supports occupancy stability over the medium term.
- Renter-heavy neighborhood and stable neighborhood occupancy support consistent leasing
- 1990 vintage relative to older area stock provides competitive positioning with value-add potential
- High-cost ownership market reinforces multifamily demand and potential retention
- Strong food, cafe, and daily-needs access enhances renter appeal
- Risks: limited park/childcare access nearby and soft population trend warrant conservative underwriting