| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 75th | Fair |
| Demographics | 48th | Fair |
| Amenities | 61st | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1555 W Carson St, Torrance, CA, 90501, US |
| Region / Metro | Torrance |
| Year of Construction | 1987 |
| Units | 27 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1555 W Carson St, Torrance Multifamily Opportunity
Positioned in an Urban Core pocket of Torrance with majority renter-occupied housing, the asset benefits from steady neighborhood demand; according to WDSuite’s CRE market data, occupancy trends are holding near local norms, supporting income stability.
The property sits within the Los Angeles–Long Beach–Glendale metro’s Urban Core fabric, where neighborhood occupancy measures around 90% and the renter-occupied share is above metro median. For multifamily, this indicates a deep tenant base and consistent leasing velocity rather than dependence on a narrow demand segment, based on CRE market data from WDSuite.
Daily-life amenities are a relative strength: restaurant and café density ranks in the top quartile nationally, and pharmacy access is similarly strong. In contrast, park access and formal childcare options are limited within the immediate neighborhood, which can influence unit mix appeal and the resident profile. Average school ratings trend slightly above national midpoints, offering balanced appeal without commanding a premium solely on school performance.
Home values in this neighborhood are elevated versus national benchmarks and the value-to-income ratio is high, signaling a high-cost ownership market that tends to sustain reliance on rental housing. Rent-to-income metrics are moderate by national comparison, which supports lease retention and measured pricing power without overextending residents.
Within a 3-mile radius, households have grown in recent years and are projected to increase further by 2028 even as population edges down, implying smaller household sizes and a larger number of renting decision-makers. For investors, that mix typically supports occupancy stability and broadens the pool of prospective tenants over time.
Neighborhood safety indicators compare favorably at the national level. Overall crime indexes sit in the upper quartile nationwide, while violent and property offense measures trend above national averages as well, according to WDSuite’s CRE market data. Recent year-over-year readings point to declining reported offense rates, which, if sustained, can reinforce resident retention and leasing outcomes.
As always, conditions vary by block and over time; investors should evaluate on-site security, lighting, and property management practices alongside broader neighborhood trends within the Los Angeles–Long Beach–Glendale metro’s 1,441 tracked neighborhoods.
Nearby employment spans industrial gases, managed healthcare, toy manufacturing, and airline operations, supporting commuter convenience and a diversified renter base for workforce and professional households.
- Air Products & Chemicals — industrial gases (4.4 miles)
- Molina Healthcare — managed care (7.6 miles) — HQ
- Mattel — toy manufacturing (7.9 miles) — HQ
- Airgas — industrial gases (8.7 miles)
- Southwest Airlines Counter — airline operations (9.7 miles)
Built in 1987, the asset is newer than the neighborhood’s average vintage, suggesting competitive positioning versus older stock while still offering scope for targeted renovations to modernize systems and finishes. Neighborhood fundamentals point to durable renter demand: a majority renter-occupied housing base, occupancy around local norms, and elevated ownership costs that reinforce reliance on multifamily. Within a 3-mile radius, household counts are rising and projected to expand further even as household sizes shrink, which typically supports a larger tenant base and steady absorption.
Proximity to diverse employers across healthcare, industrial gases, aviation, and consumer products underpins leasing depth. According to WDSuite’s commercial real estate analysis, amenity access (dining, cafés, pharmacies) compares well nationally, balancing the relative scarcity of parks and formal childcare in the immediate area. Taken together, the thesis favors stable operations with measured value-add potential rather than outsized growth assumptions.
- 1987 vintage offers competitive positioning with selective renovation upside
- Majority renter-occupied neighborhood and occupancy near local norms support leasing stability
- High-cost ownership market sustains rental demand and can aid retention
- Employer proximity across healthcare, industrial gases, aviation, and consumer products broadens the tenant base
- Risks: limited park/childcare access and soft population trend require attentive asset management and amenity strategy