| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 72nd | Fair |
| Demographics | 30th | Poor |
| Amenities | 62nd | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 9573 Laurel Canyon Blvd, Arleta, CA, 91331, US |
| Region / Metro | Arleta |
| Year of Construction | 1990 |
| Units | 23 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
9573 Laurel Canyon Blvd Arleta Multifamily Investment
1990-vintage asset positioned in a high-cost ownership pocket of Los Angeles County, where renter demand is reinforced by elevated home values and steady neighborhood occupancy, according to WDSuite’s CRE market data.
Located in Arleta within the Los Angeles-Long Beach-Glendale metro, the property sits in a neighborhood rated C+ with Urban Core dynamics. Neighborhood occupancy is 93.5% (neighborhood measure), suggesting generally stable leasing conditions relative to broader metro patterns, while a renter-occupied share near mid-40s indicates a meaningful tenant base without overwhelming concentration.
Livability is anchored by strong daily-needs access: grocery and pharmacy density ranks high nationally, and restaurants are well-represented; by contrast, parks and cafes are comparatively limited. Average school ratings trend around the national middle, offering a workable baseline for family renters seeking proximity to services and education.
Within a 3-mile radius, recent trends show a slight population contraction alongside an increase in households and smaller average household size. This shift typically broadens the renter pool and supports absorption as more, smaller households seek units. Forward-looking projections within the same 3-mile radius point to additional household growth, which can underpin occupancy stability and reduce leasing volatility for well-positioned properties.
Home values in the neighborhood sit on the higher end nationally, creating a high-cost ownership environment that tends to sustain reliance on multifamily rentals and support pricing power. The property’s 1990 construction is newer than the neighborhood’s older average stock (1950s era), enhancing competitive positioning versus aging buildings; selective system upgrades or cosmetic refreshes may still be prudent to capture value and manage long-term capital needs.
WDSuite’s data indicates the neighborhood compares favorably on safety versus many U.S. neighborhoods, with national percentiles that land above the median. Recent year-over-year declines in both violent and property offenses point to improving conditions, which can support resident retention and leasing stability over time.
Safety performance can vary block to block across Los Angeles. Investors should underwrite with local observations and property-level controls (lighting, access, and management practices) to sustain the trajectory suggested by broader neighborhood trends.
The area draws on a diversified employment base across media, telecommunications, entertainment, and manufacturing, supporting commuter convenience and a broad renter funnel for workforce and middle-income households. Notable nearby employers include Charter Communications, Radio Disney, Disney, Live Nation Entertainment, and Avery Dennison.
- Charter Communications — telecommunications (5.1 miles)
- Radio Disney — media (7.5 miles)
- Disney — entertainment (7.9 miles) — HQ
- Live Nation Entertainment — entertainment (10.6 miles)
- Avery Dennison — manufacturing (10.9 miles) — HQ
9573 Laurel Canyon Blvd offers investors a 1990-vintage, 23-unit asset in a Los Angeles County neighborhood where strong daily-needs amenities and steady neighborhood occupancy support durable renter demand. High ownership costs locally reinforce reliance on rentals, while household growth within a 3-mile radius signals a larger tenant base and supports occupancy stability. Based on commercial real estate analysis from WDSuite, the neighborhood’s rental dynamics and improving safety trends provide a foundation for consistent leasing.
The property is newer than much of the surrounding housing stock, positioning it competitively versus older assets while still offering scope for value-add through targeted modernization. Average unit sizes around 990 square feet can appeal to renters seeking more space—useful in a market with family-oriented households—while prudent management should account for rent-to-income affordability pressures to sustain retention.
- Newer 1990 vintage versus older local stock supports competitive positioning and rentability
- High-cost ownership market sustains rental demand depth and pricing power
- 3-mile household growth expands the renter pool and supports occupancy stability
- Larger average unit size (~990 sf) aligns with family renter needs and retention
- Risk: Affordability pressure (rent-to-income) and limited nearby parks/cafes require thoughtful leasing and amenities strategy