| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 80th | Best |
| Demographics | 38th | Fair |
| Amenities | 43rd | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 19925 Roscoe Blvd, Winnetka, CA, 91306, US |
| Region / Metro | Winnetka |
| Year of Construction | 1977 |
| Units | 22 |
| Transaction Date | 2000-01-10 |
| Transaction Price | $940,000 |
| Buyer | CHO DONG HUI |
| Seller | 19925 ROSCOE APTS LLC |
19925 Roscoe Blvd Winnetka Multifamily Investment
Neighborhood occupancy is holding near 97% with steady renter demand, according to WDSuite’s CRE market data. This supports stable tenancy in an Urban Core pocket of Los Angeles County where ownership costs often sustain reliance on rentals.
Located in Winnetka within the Los Angeles-Long Beach-Glendale metro, the neighborhood carries a C+ rating with Urban Core characteristics. Neighborhood occupancy ranks competitive among 1,441 metro neighborhoods, and sits in the 83rd percentile nationally for occupancy, signaling durable leasing conditions for multifamily operators.
Food-and-beverage access is a local strength: restaurants and cafes are both well above national norms (each above the 90th percentile nationally). By contrast, parks, pharmacies, and childcare options are limited within the neighborhood, which may modestly affect lifestyle appeal relative to areas that rank above the metro median on amenities.
Construction patterns skew newer than the subject’s 1977 vintage (neighborhood average 1985). For investors, the older vintage implies potential capital planning and value-add opportunities to modernize systems and finishes to stay competitive against slightly newer stock.
Within a 3-mile radius, the renter-occupied share of housing units is about 56%, indicating a deep tenant base that supports multifamily absorption and retention. Household counts have grown while average household size has edged down, and projections suggest further household growth alongside smaller household sizes—factors that can expand the renter pool even if population growth is flat to slightly negative.
Ownership remains a high-cost proposition in this area (home values measure in the mid-90s percentile nationally), which tends to reinforce reliance on rental housing. Rent-to-income levels in the neighborhood indicate manageable affordability pressure for operators to monitor, with pricing power supported by strong occupancy and the high-cost ownership market.
Safety indicators are comparatively favorable versus national benchmarks: the neighborhood sits around the 78th percentile nationally for lower crime, based on WDSuite’s CRE market data. Over the past year, both property and violent incident estimates show notable improvement, placing recent trend changes among the stronger national improvements.
At the metro level, conditions can vary block to block in Los Angeles; investors should underwrite to submarket trends and on-site security measures while recognizing the positive directional momentum reflected in the latest neighborhood trend data.
Proximity to major employers supports commuter convenience and a steady renter base, including insurance, life sciences, media, and energy. The following employers reflect nearby demand drivers relevant to workforce and professional tenants.
- Farmers Insurance Exchange — insurance (3.2 miles) — HQ
- Thermo Fisher Scientific — life sciences (3.3 miles)
- Charter Communications — telecommunications (12.8 miles)
- Occidental Petroleum — energy (13.2 miles) — HQ
- Live Nation Entertainment — media & entertainment (14.0 miles) — HQ
This 22-unit property, built in 1977, benefits from a neighborhood with nationally strong occupancy and a renter base that comprises a majority of nearby housing units within 3 miles—factors that support leasing stability and renewal potential. Elevated home values in the area sustain rental demand, while recent safety trends have improved, adding to operational predictability. Based on commercial real estate analysis from WDSuite, the submarket’s food-and-beverage amenity depth is a relative strength, even as park and childcare access remains limited.
The 1977 vintage suggests clear value-add pathways through modernization and energy-efficiency upgrades to compete with slightly newer stock. Looking ahead, projections show increasing household counts and smaller household sizes in the 3-mile radius, which can expand the renter pool and support occupancy continuity, provided operators manage affordability and school-quality perceptions in underwriting.
- Strong neighborhood occupancy with nationally competitive levels supports leasing stability
- High-cost ownership market reinforces rental demand and potential pricing power
- 1977 vintage offers value-add and modernization potential versus newer local stock
- Household growth and smaller household sizes in 3-mile radius expand the tenant base
- Risks: limited parks/childcare options and lower average school ratings may affect appeal for some renters