| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 74th | Fair |
| Demographics | 84th | Best |
| Amenities | 89th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 222 N Buena Vista St, Burbank, CA, 91505, US |
| Region / Metro | Burbank |
| Year of Construction | 1989 |
| Units | 32 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
222 N Buena Vista St Burbank Multifamily Investment
Positioned in an inner-suburb pocket of Burbank with steady renter demand and amenity depth, the surrounding neighborhood shows occupancy around the metro average, according to WDSuite’s CRE market data. This balance of demand and stability supports consistent operations for a 32-unit property.
The property sits in an Inner Suburb neighborhood that ranks in the top quartile among 1,441 Los Angeles metro neighborhoods (Neighborhood Rating: A), indicating competitive fundamentals for multifamily investors. Amenity access is a relative strength, with restaurants, pharmacies, parks, and cafes all scoring above national medians, supporting day-to-day convenience and leasing appeal.
Neighborhood renter concentration is above the metro median, signaling a solid base of renter-occupied housing that can deepen the tenant pool for multifamily assets. Median home values sit in a high-cost ownership market (top national percentiles), which tends to reinforce reliance on rental housing and can support lease retention and pricing power when managed thoughtfully.
Within a 3-mile radius, demographics show a modest dip in population in recent years alongside an increase in household counts and smaller average household sizes. Forward-looking projections point to population and household growth by mid-decade, which typically expands the renter pool and supports occupancy stability over time.
The average neighborhood construction year trends older than this asset, suggesting 1980s-vintage product can compete well versus older stock while still offering scope for targeted modernization to enhance positioning. Neighborhood rents have risen over the past five years, based on commercial real estate analysis from WDSuite, while rent-to-income levels sit near national medians—useful context for revenue management and renewals.
Comparable safety metrics for this specific neighborhood are not available in the dataset provided. Investors typically benchmark conditions against broader Los Angeles metro trends and on-the-ground observations to understand how safety perceptions may influence renter demand, retention, and operating strategies. Where data gaps exist, prudent underwriting leans on property-level history, professional management practices, and comparable submarket indicators.
Proximity to major media and corporate employers supports workforce rental demand and commute convenience for residents, with a concentration of entertainment and corporate office roles nearby: Disney, Radio Disney, Charter Communications, Avery Dennison, and Live Nation Entertainment.
- Disney — entertainment HQ (0.5 miles) — HQ
- Radio Disney — entertainment offices (0.9 miles)
- Charter Communications — telecommunications (2.7 miles)
- Avery Dennison — manufacturing & materials (4.2 miles) — HQ
- Live Nation Entertainment — entertainment offices (4.3 miles)
222 N Buena Vista St is a 32-unit, 1989-vintage asset in a top-quartile Burbank neighborhood with strong amenity coverage and a renter base above the metro median. The vintage positions the property competitively versus older local stock, while targeted upgrades can capture value-add upside and support retention. According to CRE market data from WDSuite, neighborhood occupancy sits around the metro average and rents have trended upward, while home values in the area remain elevated—factors that generally sustain multifamily demand and support revenue management.
Within a 3-mile radius, household counts have increased and are projected to grow, pointing to a larger tenant base and supportive leasing backdrop. The local employment base includes entertainment and corporate offices nearby, which can underpin steady renter demand; investors should also account for cyclicality tied to media and entertainment sectors and manage affordability pressure through disciplined lease management.
- 1989 vintage competes well versus older neighborhood stock with targeted modernization potential
- Top-quartile neighborhood with strong amenity access supports leasing and retention
- Household growth within 3 miles points to a larger renter pool and occupancy stability
- Elevated ownership costs locally reinforce rental demand and pricing power potential
- Risk: exposure to entertainment/media employment cycles and affordability management needs