| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 79th | Good |
| Demographics | 76th | Best |
| Amenities | 45th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2000 W 162nd St, Torrance, CA, 90504, US |
| Region / Metro | Torrance |
| Year of Construction | 1982 |
| Units | 101 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
2000 W 162nd St Torrance Multifamily Investment
Strong renter demand in a high-cost ownership pocket of Torrance supports occupancy durability, according to WDSuite’s CRE market data. Stable neighborhood fundamentals and access to major South Bay employers position this 101-unit asset for steady performance.
The property sits in an Urban Core neighborhood of the Los Angeles-Long Beach-Glendale metro with a B+ rating and a track record of resilient operations. Neighborhood occupancy trends are above national averages, and income levels sit well above the U.S. median, supporting pricing power while keeping lease-up risk contained.
Livability drivers skew toward daily needs: grocery access ranks competitively (91st percentile nationally), while restaurants are plentiful relative to many U.S. areas (85th percentile). Park, café, and pharmacy densities are thinner, so the draw is more practical convenience than lifestyle clustering. Average school ratings are strong (top quartile nationally and competitive among 1,441 Los Angeles metro neighborhoods), which can aid retention for family renters.
Tenure patterns indicate a meaningful renter base. Within a 3-mile radius, roughly 55% of housing units are renter-occupied, creating depth for multifamily leasing and renewals. Over the past five years, the local population has been roughly flat while household counts edged higher, pointing to smaller household sizes and a steady renter pool. Looking ahead, WDSuite’s commercial real estate analysis indicates continued household growth with modest population change, which typically supports occupancy stability and sustained demand for rental units.
This submarket shows elevated home values and a high value-to-income ratio (both top decile nationally), signaling a high-cost ownership market that tends to reinforce reliance on multifamily housing. Median contract rents in the neighborhood have risen meaningfully over five years, consistent with broader Los Angeles trends, while remaining anchored by a relatively favorable rent-to-income profile locally.
Vintage and positioning: Built in 1982 versus a neighborhood average vintage around the late 1970s, the asset is somewhat newer than much of the surrounding stock. That can help competitive positioning against older properties, though investors should still plan for selective modernization and systems upgrades to protect NOI.
Safety indicators compare favorably to national benchmarks. Neighborhood-level measures sit in the upper third nationally for overall crime safety, with property offenses notably lower than most U.S. neighborhoods and showing a significant year-over-year decline. Violent-offense indicators also trend better than the national midpoint. As with any urban Los Angeles location, conditions can vary by block and over time; investors should corroborate on-the-ground patterns and recent trends during due diligence.
Proximity to South Bay and Westside employment nodes supports commuter convenience and renter retention. Nearby employers include consumer products, airlines operations, industrial gases, and cybersecurity offices that collectively deepen the local renter pool.
- Mattel — consumer products (5.1 miles) — HQ
- Southwest Airlines Counter — airlines operations (6.7 miles)
- Air Products & Chemicals — industrial gases (6.8 miles)
- Symantec — cybersecurity offices (8.4 miles)
- Airgas — industrial gases (8.4 miles)
The investment case centers on durable tenant demand in a high-cost ownership market, proximity to diversified employment, and a neighborhood that ranks in the top quartile nationally on housing and school quality. According to CRE market data from WDSuite, neighborhood NOI per unit performance trends strong versus national peers, and occupancy runs above national averages, supporting stable cash flow potential.
At 1982 construction, the asset is slightly newer than much of the immediate stock, providing a competitive edge against older properties while leaving room for targeted value-add through modernization. Within a 3-mile radius, a sizable renter-occupied share and rising household counts point to a larger tenant base over time, even as population stays roughly flat — a setup that can aid lease retention and pricing discipline. Key watch items include thinner park/café density and natural cyclicality tied to the broader Los Angeles market.
- High-cost ownership market reinforces multifamily demand and supports retention
- Top-quartile neighborhood metrics for housing and schools aid leasing and renewals
- 1982 vintage offers slight competitive edge with value-add potential via modernization
- Strong nearby employer base underpins renter pool and commute convenience
- Risks: thinner lifestyle amenity density and broader LA market cyclicality