| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 76th | Good |
| Demographics | 66th | Good |
| Amenities | 55th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 13708 Via Del Palma Ave, Whittier, CA, 90602, US |
| Region / Metro | Whittier |
| Year of Construction | 1972 |
| Units | 84 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
13708 Via Del Palma Ave, Whittier Multifamily Investment
Neighborhood occupancy is solid and ownership costs are high, supporting sustained renter demand, according to WDSuite’s CRE market data. An established 84-unit asset in a competitive Los Angeles metro location offers durable cash flow potential with prudent capital planning.
This Urban Core neighborhood carries a B+ rating and is competitive among the 1,441 Los Angeles–Long Beach–Glendale neighborhoods. Neighborhood occupancy trends are above the metro median and in the upper tier nationally, signaling stable leasing conditions for professionally managed multifamily.
Daily needs are well-covered: grocery and park access score in higher national percentiles, while cafes and pharmacies are less dense in the immediate area. Average school ratings are strong (top quartile nationally), which can support family-oriented renter retention and longer tenancy cycles.
The local housing context favors rental demand. Home values rank in the upper national percentiles, indicating a high-cost ownership market that tends to reinforce reliance on multifamily housing. Rents track on the higher side for the region but remain manageable relative to neighborhood incomes, supporting pricing power without outsized retention risk.
Vintage also matters: the property’s 1972 construction is newer than the neighborhood’s average 1956 stock, offering a relative competitive edge versus older assets. That said, systems are mid-century and may benefit from targeted upgrades, creating potential for renovation-driven value while maintaining operational continuity.
Demographics aggregated within a 3-mile radius show household counts broadly steady historically with incomes rising, and forecasts point to a meaningful increase in households alongside smaller average household sizes. Even with flat-to-soft population trends, a larger number of households typically expands the renter pool and supports occupancy stability over the medium term.
Comparable neighborhood-level crime metrics are not available in this WDSuite data release for this location. Investors typically benchmark safety using broader Los Angeles metro context and confirm on-the-ground conditions and property-level measures (lighting, access controls, and management practices) to support leasing stability and retention.
Proximity to diversified employers supports a broad renter base and commute convenience, including paper/packaging, auto parts distribution, defense & aerospace offices, beverage operations, and a major electric utility headquarters.
- International Paper — packaging & paper (2.7 miles)
- LKQ — auto parts distribution (4.3 miles)
- Raytheon Public Safety RTC — defense & aerospace offices (5.9 miles)
- Coca-Cola Downey — beverage operations (6.2 miles)
- Edison International — electric utility (6.3 miles) — HQ
Positioned in a competitive Los Angeles metro neighborhood, this 84-unit asset benefits from above-median neighborhood occupancy and strong school ratings that help support retention. Elevated home values indicate a high-cost ownership market, while rents remain aligned with incomes, underpinning demand depth and measured pricing power. According to CRE market data from WDSuite, operating performance in the area trends in higher national percentiles, reinforcing the case for durable cash flow with disciplined operations.
Built in 1972, the property is newer than much of the local housing stock, providing a relative competitive advantage while still offering value-add potential through selective system upgrades and modernization. Demographics aggregated within a 3-mile radius point to rising household incomes and an expanding household count even as population growth is flat to modestly negative, which typically supports a larger tenant base and occupancy stability over the medium term.
- Above-median neighborhood occupancy and strong schools support leasing stability
- High-cost ownership market reinforces multifamily demand and pricing power
- 1972 vintage offers value-add via targeted upgrades vs. older local stock
- 3-mile demographics show rising incomes and more households, expanding the renter pool
- Risk: amenity mix is uneven nearby; asset performance depends on management and capital execution