| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 85th | Best |
| Demographics | 67th | Good |
| Amenities | 95th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1918 Jackson St, Burbank, CA, 91504, US |
| Region / Metro | Burbank |
| Year of Construction | 1984 |
| Units | 36 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1918 Jackson St, Burbank Multifamily Investment
Neighborhood fundamentals point to durable renter demand and high occupancy stability, according to WDSuite’s CRE market data, with proximity to major employers reinforcing leasing resilience in Burbank.
Situated in Burbank’s Urban Core, the property benefits from a deep amenities base and commuter convenience. Neighborhood access to groceries, pharmacies, parks, and dining sits in the top decile nationally, supporting day-to-day livability that helps retention and leasing velocity.
Occupancy in the neighborhood is competitive among Los Angeles-Long Beach-Glendale neighborhoods and sits in the top quintile nationally, a favorable backdrop for income stability. The surrounding area has a high renter-occupied share of housing units, indicating a broad tenant base for multifamily.
Within a 3-mile radius, households have grown in recent years and are projected to increase further, while average household size trends slightly smaller. This combination points to a larger tenant base and continued demand for rental units, which can support occupancy and steady lease-up.
Home values in the neighborhood are elevated relative to national norms, which reinforces reliance on multifamily rentals and can bolster pricing power. At the same time, rent-to-income levels suggest some affordability pressure, so disciplined lease management remains important for renewal performance.
The asset’s 1984 construction is newer than the neighborhood’s average vintage, offering relative competitiveness against older stock; however, investors should plan for targeted modernization of aging systems or common areas to sustain positioning over the hold period.
Neighborhood safety metrics compare favorably versus many areas nationwide, with overall crime levels aligning around the upper third nationally. Relative to the Los Angeles-Long Beach-Glendale metro, the neighborhood ranks better than the median among 1,441 neighborhoods, indicating a comparatively solid position at the metro level.
Trend signals are mixed: recent indicators show a notable improvement in violent incident rates, while property offense measures have ticked up year over year. For investors, this underscores the value of standard security practices and lighting/entry upgrades to protect retention without relying on block-level assumptions.
The immediate area draws from a diverse employment base in media, telecom, and corporate services, supporting a steady commuter renter pool and short commute times. Nearby anchors include Charter Communications, Disney, Radio Disney, Avery Dennison, and Live Nation Entertainment.
- Charter Communications — telecom (0.9 miles)
- Disney — entertainment (2.7 miles) — HQ
- Radio Disney — media (3.1 miles)
- Avery Dennison — materials & packaging (5.0 miles) — HQ
- Live Nation Entertainment — entertainment offices (6.6 miles)
1918 Jackson St is a 36-unit 1984-vintage asset positioned in a high-amenity Burbank location where neighborhood occupancy trends are competitive within the Los Angeles-Long Beach-Glendale metro and top-quintile nationally. Elevated home values in the area support persistent renter reliance on multifamily, and the nearby employment base provides depth to the tenant pool. According to CRE market data from WDSuite, neighborhood renter concentration is high, reinforcing demand stability for workforce and professional households.
The vintage offers relative competitiveness versus older local stock, with potential to capture value through selective modernization to common areas and building systems. Household growth within a 3-mile radius and a shift toward smaller households point to ongoing renter pool expansion, while rent-to-income levels suggest prudent renewal strategies and retention-focused operations.
- Competitive neighborhood occupancy and strong amenities support stable leasing
- High local home values reinforce multifamily demand and pricing power
- 1984 vintage with selective modernization potential for value capture
- Proximity to major employers broadens the tenant base and supports retention
- Risk: affordability pressures and recent property crime uptick warrant careful lease and security management