| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 72nd | Fair |
| Demographics | 36th | Fair |
| Amenities | 30th | Poor |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 8835 Woodman Ave, Arleta, CA, 91331, US |
| Region / Metro | Arleta |
| Year of Construction | 1976 |
| Units | 30 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
8835 Woodman Ave Arleta Multifamily Investment
Neighborhood occupancy is solid and demand is supported by a deeper renter base in the surrounding 3-mile area, according to WDSuite’s CRE market data. Elevated ownership costs in Los Angeles County help sustain renter reliance on multifamily housing.
Located in Arleta within the Los Angeles metro, the property benefits from neighborhood occupancy at 96.3%, which places the area in the top quintile nationally for stability based on WDSuite’s CRE market data. While the immediate neighborhood has a lower renter concentration (share of renter-occupied units) than many urban pockets, the broader 3-mile radius shows a majority renter-occupied housing mix, indicating a sizeable tenant base for leasing and renewals.
Home values in the neighborhood are elevated relative to most U.S. areas, with a value-to-income ratio that ranks high nationally. In practical terms, this high-cost ownership market can reinforce sustained rental demand and support pricing power when paired with thoughtful lease management. At the same time, a rent-to-income ratio near 0.23 suggests manageable affordability pressure compared with many coastal submarkets, helping support retention.
Daily convenience is mixed: restaurants are comparatively dense (competitive nationally), but there are fewer nearby cafes, groceries, and pharmacies at the neighborhood level, so some residents may rely on short drives for errands. Parks are a notable strength (top-tier park access nationally), which can aid livability and resident satisfaction even as school quality measures sit near the national midpoint.
Within a 3-mile radius, recent trends show a modest decline in population but an increase in households and a forecast for further household growth alongside smaller average household size. For investors, that combination typically points to a larger number of renting households over time and supports occupancy stability, even if population totals ease.
Neighborhood-level safety indicators compare favorably on a national basis (higher percentile nationally indicates safer relative positioning), according to WDSuite’s CRE market data. Recent year-over-year readings also point to declines in estimated property and violent offense rates at the neighborhood level, which, if sustained, would be supportive of resident retention and lease stability.
These figures reflect neighborhood-scale patterns rather than block-level conditions. Investors should treat them as directional context within the Los Angeles metro, not as guarantees, and incorporate standard on-site diligence when assessing risk.
Proximity to entertainment, telecommunications, life sciences, and insurance corporate offices underpins a diverse employment base that can support renter demand and retention through commute convenience.
- Charter Communications — telecommunications (5.7 miles)
- Radio Disney — media (7.6 miles)
- Disney — entertainment (8.2 miles) — HQ
- Thermo Fisher Scientific — life sciences (9.7 miles)
- Farmers Insurance Exchange — insurance (10.0 miles) — HQ
8835 Woodman Ave is a 30-unit asset built in 1976, offering potential value-add or systems modernization to improve competitiveness versus newer stock. The immediate neighborhood shows strong occupancy and sits within a high-cost ownership market, which can help sustain multifamily demand. The surrounding 3-mile area features a larger renter pool and household growth alongside smaller household sizes, supporting a deeper tenant base over time.
According to CRE market data from WDSuite, neighborhood occupancy is in the upper tier nationally while rent-to-income levels suggest manageable affordability pressure. Parks access is a relative strength, though neighborhood-level retail and services are thinner, which investors should factor into positioning, amenity strategy, and renewal planning.
- High neighborhood occupancy supports leasing stability
- Elevated ownership costs in Los Angeles County reinforce rental demand
- 3-mile radius shows larger renter base and increasing households, expanding the tenant pool
- 1976 vintage offers value-add and capital planning opportunities
- Risk: limited neighborhood retail/services; plan amenities and renewals accordingly