| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 75th | Fair |
| Demographics | 48th | Fair |
| Amenities | 61st | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1517 W Carson St, Torrance, CA, 90501, US |
| Region / Metro | Torrance |
| Year of Construction | 1987 |
| Units | 24 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1517 W Carson St Torrance Multifamily Investment
High renter concentration in the surrounding neighborhood supports steady leasing and pricing discipline, according to CRE market data from WDSuite. Positioning near daily-needs retail and dining further underpins occupancy resilience.
Located in Torrance an Urban Core setting with a B neighborhood rating this area ranks 656th out of 1,441 Los Angeles metro neighborhoods, placing it above the metro median for overall fundamentals. Daily needs are convenient: restaurants and cafes are in the top quartile nationally, while pharmacies and groceries also score strong compared with neighborhoods nationwide, supporting renter convenience and retention.
The neighborhood s housing stock skews renter-occupied, with a high renter concentration relative to national norms. For multifamily investors, that indicates a deeper tenant base and potential leasing stability, even if property-level performance will depend on asset quality and management.
Within a 3-mile radius, households have increased in recent years and are projected to continue growing even as population trends soften, implying smaller average household sizes and a broader pool of prospective renters. Rising median incomes in the 3-mile area and growing upper-income shares suggest capacity for quality units, while prudent lease management remains important as rent growth outpaces some household budgets.
Home values in the neighborhood are elevated compared with much of the country, a high-cost ownership context that tends to sustain rental demand and support pricing power for well-positioned assets. At the same time, limited dedicated parks nearby may nudge residents to rely on private or citywide amenities, an operational consideration for community features and marketing.
Relative to 1,441 Los Angeles metro neighborhoods, this area s crime ranking sits in the top quartile (safer than many peers), and safety indicators compare favorably to neighborhoods nationwide. Recent year-over-year declines in both violent and property offense estimates point to improving conditions; still, investors should underwrite to submarket-level trends and monitor city reporting rather than block-level assumptions.
Proximity to established employers supports commuter convenience and multifamily demand, with nearby roles spanning chemicals, healthcare services, toy manufacturing, industrial gas, and airline operations.
- Air Products & Chemicals chemicals (4.35 miles)
- Molina Healthcare healthcare services (7.49 miles) HQ
- Mattel toy manufacturing (7.91 miles) HQ
- Airgas industrial gas (8.58 miles)
- Southwest Airlines Counter airline operations (9.72 miles)
1517 W Carson St is a 24-unit asset built in 1987, newer than the average housing vintage in the immediate neighborhood. That relative youth can reduce near-term capital intensity versus older stock while still offering value-add potential through selective modernization of interiors, common areas, and building systems. Neighborhood renter concentration is high by national standards, which typically supports occupancy stability for well-managed assets.
According to WDSuite s commercial real estate analysis, this Urban Core location benefits from strong access to dining, groceries, and pharmacies and operates in a high-cost ownership market factors that reinforce renter reliance on multifamily housing. Within a 3-mile radius, rising household counts alongside smaller household sizes point to a broader tenant base, while manageable rent-to-income dynamics support lease retention for appropriately positioned product.
- 1987 vintage newer than area average with targeted renovation upside
- High renter concentration indicates depth of tenant base and potential leasing stability
- Amenity-rich Urban Core location near dining, groceries, and services supports retention
- 3-mile household growth and smaller household sizes expand the prospective renter pool
- Risk: population softening and average neighborhood occupancy warrant disciplined underwriting and active management