| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 73rd | Fair |
| Demographics | 14th | Poor |
| Amenities | 35th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 132 E I St, Wilmington, CA, 90744, US |
| Region / Metro | Wilmington |
| Year of Construction | 1986 |
| Units | 26 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
132 E I St, Wilmington CA Multifamily Investment
Neighborhood renter demand is deep and occupancy has been steady at the area level, according to WDSuite’s CRE market data, positioning this 26-unit asset for consistent leasing performance.
Located in Wilmington within Los Angeles County, the property sits in a suburban neighborhood where multifamily is a common housing choice. The neighborhood’s renter-occupied share is high, indicating a sizable tenant base and supporting day-to-day leasing stability at the neighborhood level rather than the property specifically. Area occupancy has remained resilient, which can aid renewal velocity in most market cycles.
Amenity access is mixed: restaurants score in the top quartile nationally, parks and groceries are above the national median, while cafes and pharmacies are comparatively sparse. For an investor, that combination can still support day-to-day livability for residents, with some lifestyle conveniences concentrated along key corridors.
The average neighborhood construction year trends older than this asset. With a 1986 vintage, the property is newer than much of the surrounding stock, which can be competitively beneficial versus mid-century buildings; investors should still budget for modernization of systems and interiors where needed to drive rentability.
Within a 3-mile radius, demographics show modest population softening alongside growth in household counts and a smaller average household size. That pattern typically expands the renter pool and helps support occupancy. Median household incomes have advanced over the last five years, and ownership costs are elevated for the area, which generally sustains reliance on multifamily rentals and can support pricing power with careful lease management.
Safety indicators for the neighborhood are around the national middle, with recent data showing marked year-over-year declines in both violent and property offenses. While the area is not among the top-ranked for safety within the Los Angeles-Long Beach-Glendale metro’s 1,441 neighborhoods, the improving trend is a constructive signal for long-term operations.
Investors should frame security planning around standard measures for urban Los Angeles submarkets and monitor ongoing trendlines; recent improvement momentum suggests risk management may increasingly focus on maintaining gains rather than addressing deterioration.
Proximity to industrial, healthcare, and corporate offices supports a broad workforce renter base and commute convenience for residents, including Air Products & Chemicals, Molina Healthcare, Airgas, Mattel, and Time Warner Business Class.
- Air Products & Chemicals — industrial gases (2.8 miles)
- Molina Healthcare — healthcare services (3.6 miles) — HQ
- Airgas — industrial gases (8.8 miles)
- Mattel — consumer products (12.2 miles) — HQ
- Time Warner Business Class — telecommunications offices (13.0 miles)
The investment case centers on durable renter demand, competitive positioning versus older neighborhood stock, and supportive ownership economics. Based on CRE market data from WDSuite, the neighborhood exhibits high renter concentration and stable occupancy at the neighborhood level, which can underpin steady renewals and leasing. The 1986 vintage is newer than much of the surrounding inventory, offering an opportunity to outperform nearby mid-century assets with targeted capital focused on systems, curb appeal, and interiors.
Within a 3-mile radius, households are growing even as population eases and average household size declines, a pattern that typically expands the renter pool. Elevated ownership costs in the surrounding area tend to sustain reliance on multifamily housing, supporting pricing power when paired with prudent lease management. Key risks include affordability pressure relative to local incomes, uneven amenity depth (limited cafes and pharmacies), and the need to maintain recent improvements in neighborhood safety.
- High neighborhood renter concentration supports depth of tenant demand and renewal stability.
- 1986 construction offers a competitive edge versus older local stock with value-add potential.
- Household growth within 3 miles and shrinking household size expand the renter pool over time.
- Elevated ownership costs in the area reinforce reliance on rentals, aiding pricing power with careful management.
- Risks: affordability pressure, selective amenity gaps, and the need to sustain recent safety improvements.