| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 81st | Best |
| Demographics | 91st | Best |
| Amenities | 47th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 320 N Oakhurst Dr, Beverly Hills, CA, 90210, US |
| Region / Metro | Beverly Hills |
| Year of Construction | 2008 |
| Units | 33 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
320 N Oakhurst Dr Beverly Hills Multifamily Investment
Located in an urban core with elevated ownership costs and a deep renter base, this 2008-vintage asset is positioned competitively versus older stock, according to WDSuite’s CRE market data.
Beverly Hills’ Urban Core setting offers strong day-to-day convenience for renters. Cafes and restaurants are dense relative to the Los Angeles metro—both place in the top quartile among 1,441 metro neighborhoods—while grocery access is competitive among Los Angeles neighborhoods. Park and pharmacy options are lighter within the immediate neighborhood cluster, so residents typically rely on nearby districts for those needs. These dynamics support leasing interest for well-located multifamily but make property-level amenities a differentiator.
The renter-occupied share is high at the neighborhood level, indicating a sizable tenant base for multifamily. In a market where home values rank near the top nationally, the high-cost ownership landscape tends to sustain rental demand and can support pricing power for quality assets. That said, neighborhood occupancy has tracked below metro norms in recent periods, so investors should underwrite leasing and marketing execution carefully and focus on finishes and services that win renewals.
Within a 3-mile radius, demographics skew higher income with a meaningful concentration of households above six figures, and forward-looking projections point to an increase in households over the next five years. This suggests a larger tenant base and potential renter pool expansion even as average household size trends slightly smaller—factors that can support occupancy stability and absorption for well-positioned units.
The asset’s 2008 construction year is newer than the neighborhood’s average vintage (mid-1980s), offering competitive positioning against older inventory. Investors can lean on contemporary layouts and systems while planning selective upgrades for modernization and to meet luxury-leaning renter expectations in Beverly Hills.
Safety metrics are mixed when viewed against both metro and national benchmarks. Neighborhood-level violent offense rates sit around national mid-range, with recent year-over-year improvement trending favorable compared with many areas nationwide. Property-related offenses track higher than national averages, which is common in dense urban cores with active commercial corridors.
For underwriting, frame risk in comparative terms: conditions are broadly in line with many Los Angeles urban neighborhoods, with improving violent offense trends but elevated property crime. Professional management, access control, and secure package handling can help mitigate day-to-day concerns and support resident retention.
Proximity to major entertainment and engineering employers underpins steady renter demand and convenient commutes, notably Live Nation, Activision Blizzard, AECOM, and Occidental Petroleum.
- Live Nation Entertainment — entertainment (0.2 miles)
- Live Nation Entertainment — entertainment (0.5 miles) — HQ
- Activision Blizzard Studios — entertainment & media (0.6 miles)
- AECOM — engineering & infrastructure (1.8 miles) — HQ
- Occidental Petroleum — energy (3.2 miles) — HQ
This 33-unit property at 320 N Oakhurst Dr combines a high-demand Beverly Hills address with a renter-heavy neighborhood and a 2008 vintage that competes well against older stock. High ownership costs in the area tend to sustain reliance on multifamily housing, supporting pricing power for well-amenitized units. While neighborhood occupancy has been softer than metro norms, strong amenity density and proximity to major employers bolster demand for professionally managed product. Based on commercial real estate analysis from WDSuite, neighborhood-level rent positioning is premium nationally and has moderated recently, reinforcing the case for thoughtful unit upgrades and disciplined lease management.
Within a 3-mile radius, projections call for growth in households alongside smaller average household sizes—conditions that can expand the tenant base and support absorption. Investors should plan for retention strategies given rent-to-income pressures typical of premium submarkets, while leveraging the property’s contemporary construction to reduce near-term capital needs and target strategic, value-focused renovations.
- Renter-heavy neighborhood in a high-cost ownership market supports durable multifamily demand and pricing power.
- 2008 vintage offers competitive positioning versus older local stock with targeted modernization upside.
- Amenity-rich urban core near major employers aids leasing velocity and retention.
- 3-mile household growth outlook points to a larger tenant base and support for occupancy.
- Risks: below-metro neighborhood occupancy and rent-to-income pressure warrant conservative underwriting and active lease management.