| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 75th | Fair |
| Demographics | 48th | Fair |
| Amenities | 61st | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1500 W 226th St, Torrance, CA, 90501, US |
| Region / Metro | Torrance |
| Year of Construction | 1978 |
| Units | 26 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1500 W 226th St, Torrance CA Multifamily Investment
Stabilized renter demand in an Urban Core pocket of Torrance, supported by a renter-occupied share above metro medians and neighborhood occupancy around 90%, according to WDSuite’s CRE market data.
This Urban Core neighborhood in the Los Angeles-Long Beach-Glendale metro is competitive among 1,441 metro neighborhoods on overall livability, with a B neighborhood rating. Food-and-beverage density is a local strength: restaurants and cafes index in the top quartile nationally, helping sustain convenience-driven appeal for renters and supporting tenant retention.
Daily needs are well-covered: grocery and pharmacy density both track in the top quartile nationwide. Childcare and park access register as thinner locally, so family-oriented renters may look to nearby submarkets for those amenities, a consideration for unit mix and marketing.
Renter-occupied housing accounts for a substantial share of neighborhood units (about 57%), indicating a deep tenant base for multifamily investors. Neighborhood occupancy is around 90%, suggesting steady leasing conditions with typical turnover management needs rather than outsized vacancy risk.
Within a 3-mile radius, households grew over the last five years and are projected to increase further even as average household size trends lower. This shift points to a larger pool of renting households over time and can help support occupancy stability and absorption for well-positioned assets.
Ownership costs in the neighborhood are elevated versus national norms, with home values ranking in the top decile nationally; this high-cost ownership market tends to reinforce reliance on multifamily rentals and can underpin pricing power, provided lease management accounts for rent-to-income levels.
Vintage context: the property was built in 1978, slightly newer than the neighborhood’s average vintage. Investors should plan for ongoing system upgrades and selective renovations to maintain competitive positioning against both newer deliveries and renovated peers, with potential value-add upside through modernization.
Relative to neighborhoods nationwide, this area sits in the safer half, with composite indicators landing in the top quartile to upper-middle range nationally. Recent trends point to a notable year-over-year decline in both property and violent offense estimates, signaling constructive momentum rather than deterioration.
Within the Los Angeles-Long Beach-Glendale metro (1,441 neighborhoods), the neighborhood performs above the metro median on safety-related measures. Conditions can vary block to block, so investors typically underwrite with standard precautions—lighting, access control, and resident engagement—while recognizing that current trendlines are favorable.
A diversified employment base nearby supports renter demand and commute convenience, led by industrial gases, healthcare, consumer products, and air travel operations. The bullets reflect key employers within a practical commuting radius that can aid leasing stability.
- Air Products & Chemicals — industrial gases (4.2 miles)
- Molina Healthcare — healthcare services (7.1 miles) — HQ
- Mattel — consumer products/toys (8.5 miles) — HQ
- Airgas — industrial gases (8.9 miles)
- Southwest Airlines Counter — air travel operations (10.3 miles)
This 26-unit, 1978-vintage asset benefits from a renter-heavy neighborhood, steady occupancy around 90%, and top-quartile access to everyday amenities that bolster retention. Elevated local home values relative to national levels help sustain reliance on rentals, while household growth within a 3-mile radius expands the tenant base even as household sizes trend smaller.
According to CRE market data from WDSuite, the neighborhood’s renter-occupied share and service density are favorable for maintaining demand, while the improving safety trend reduces downside headline risk. Investors may unlock value through targeted renovations and system upgrades typical for late-1970s construction, balancing pricing power with rent-to-income monitoring.
- Renter-heavy neighborhood and steady occupancy support leasing stability.
- Top-quartile dining, grocery, and pharmacy access aids retention and appeal.
- High ownership costs locally reinforce multifamily rental demand and pricing power.
- Value-add potential via 1978-vintage upgrades to remain competitive.
- Risk: thinner childcare/park access and standard turn costs require active management.