| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 72nd | Fair |
| Demographics | 30th | Poor |
| Amenities | 62nd | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 9575 Laurel Canyon Blvd, Arleta, CA, 91331, US |
| Region / Metro | Arleta |
| Year of Construction | 1990 |
| Units | 23 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
9575 Laurel Canyon Blvd Arleta Multifamily Investment
Neighborhood occupancy is solid and ownership costs are elevated for Los Angeles, supporting renter demand at this Arleta asset, according to WDSuite’s CRE market data. The focus here is durable leasing fundamentals rather than outsized growth assumptions.
Located at 9575 Laurel Canyon Blvd in Arleta, the property sits in a Los Angeles metro neighborhood rated C+ that is above the metro median (ranked 929 out of 1,441). Neighborhood occupancy is 93.5% — a neighborhood figure, not the property — which places it above the national median and supports stable leasing conditions, based on CRE market data from WDSuite.
Amenities and daily needs: The area scores well for essentials, with grocery and pharmacy access ranking in the top decile nationally, and childcare availability also strong. Dining density is competitive among Los Angeles neighborhoods. By contrast, parks and cafés are limited, which may modestly reduce lifestyle appeal but typically has less impact on workforce housing demand.
Housing stock and competitive positioning: The average neighborhood construction year is 1958. With a 1990 vintage, this asset is newer than much of the local stock, offering relative competitiveness versus older properties. Investors should still plan for system upgrades and selective modernization to meet today’s renter expectations and sustain occupancy.
Tenure and renter base: Approximately 44% of housing units in the neighborhood are renter-occupied, indicating a meaningful, diversified tenant base. This renter concentration supports demand depth for a 23‑unit property and can aid retention through cycles when paired with effective lease management.
3‑mile demographics: Within a 3‑mile radius, households have grown over the past five years and are projected to expand further by 2028, even as average household size trends lower. This points to a broader tenant base and steady absorption potential for multifamily. Incomes have risen and are projected to continue increasing, while rents are also trending upward, supporting pricing power but warranting attention to affordability and renewal strategies.
Home values and affordability: Home values rank in the top decile nationally, and the value‑to‑income ratio sits near the top percentile, reflecting a high‑cost ownership market. This context generally sustains reliance on rental housing and can support lease‑up and retention, though a rent‑to‑income ratio near one‑third suggests prudent rent setting and concessions strategy may be important for tenant stability.
Neighborhood safety indicators compare favorably in the regional context. The area ranks better than most Los Angeles neighborhoods (241 out of 1,441), placing it in the top quintile nationally for overall safety relative to neighborhoods across the country.
Recent trends are constructive: estimated violent and property offense rates have moved down sharply over the past year, with improvements placing the neighborhood in the top tier nationally for year‑over‑year reduction. These are neighborhood‑level signals and can support leasing confidence, but investors should still underwrite with standard precautions and property‑specific security measures.
Proximity to established media, entertainment, and corporate offices supports a stable renter pool and commute convenience for workforce tenants. Nearby employers include Charter Communications, Radio Disney, Disney, Live Nation Entertainment, and Avery Dennison.
- Charter Communications — telecommunications (5.1 miles)
- Radio Disney — media (7.6 miles)
- Disney — entertainment (7.9 miles) — HQ
- Live Nation Entertainment — live events (10.6 miles)
- Avery Dennison — materials & labeling (10.9 miles) — HQ
This 23‑unit, 1990‑built asset benefits from a high‑cost ownership backdrop and steady neighborhood occupancy, supporting durable renter demand. Compared with an older local housing stock, the property’s vintage offers relative competitiveness while leaving room for value‑add through targeted interior and systems updates. According to commercial real estate analysis from WDSuite, neighborhood‑level occupancy trends remain above the national median, and access to daily‑needs amenities is strong, helping underpin retention.
Within a 3‑mile radius, households are expanding and are projected to grow further through 2028 as average household size declines, which typically broadens the tenant base and supports occupancy stability. Income growth and rising rents point to ongoing pricing power; however, a rent‑to‑income ratio near one‑third argues for thoughtful renewal strategies and measured increases to protect lease performance.
- Newer-than-area vintage (1990) versus predominantly mid‑century stock, with value‑add potential
- Neighborhood occupancy above national median supports leasing stability (neighborhood metric, not property)
- High ownership costs sustain rental reliance, aiding demand depth and retention
- Strong access to groceries, pharmacies, childcare, and dining enhances everyday livability
- Risks: affordability pressure around renewals; limited parks/cafés; modest population contraction offset by household growth