| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 84th | Best |
| Demographics | 71st | Best |
| Amenities | 95th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 265 W Tujunga Ave, Burbank, CA, 91502, US |
| Region / Metro | Burbank |
| Year of Construction | 1986 |
| Units | 60 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
265 W Tujunga Ave Burbank Multifamily Investment
Strong renter demand in Burbank’s urban core, with neighborhood occupancy in the mid‑90s and a high share of renter‑occupied units supporting income stability, according to WDSuite’s CRE market data.
Burbank’s Urban Core location scores A+ and ranks 56 out of 1,441 metro neighborhoods, placing it in the top quartile among Los Angeles-Long Beach-Glendale submarkets. Amenity access is a clear strength: restaurant density sits in the 99th percentile nationally, with cafes, pharmacies, parks, and childcare availability also testing well above national norms. These attributes tend to support leasing velocity and resident retention for professionally managed assets.
The neighborhood renter concentration is high at an estimated 79% of housing units being renter‑occupied, indicating a deep tenant base for multifamily. Neighborhood occupancy is around the mid‑90s and above the 65th national percentile, suggesting relatively steady absorption and manageable turnover risk versus many U.S. peer locations. Median asking rents trend on the higher side (national percentile high‑80s), which underscores product positioning and the importance of asset quality and operations to sustain pricing power.
Within a 3‑mile radius, demographic statistics show households have grown in recent years even as average household size edged lower, and projections point to continued household and income growth. This combination expands the renter pool and supports demand for professionally managed apartments. Elevated home values here (national percentile ~96) indicate a high‑cost ownership market, which tends to reinforce reliance on rental housing and supports occupancy durability for well‑located properties.
Schools in the area average roughly mid‑3s on a 5‑point scale (above the national median), and neighborhood housing fundamentals rank above metro median. Together with strong amenities, these factors position the submarket as competitive among Los Angeles neighborhoods for stabilized multifamily investment, based on CRE market data from WDSuite.
Safety indicators are above the metro median (ranked 608 out of 1,441 Los Angeles metro neighborhoods) and land around the 62nd percentile nationally, indicating comparatively better-than-average conditions versus many U.S. neighborhoods. Property offense metrics benchmark favorably (top quintile nationally) and have improved year over year, which supports leasing stability and resident satisfaction.
Recent trends show some volatility in violent-offense measures, so investors should underwrite with standard operating assumptions for urban Los Angeles assets, monitor submarket trendlines, and lean on professional management practices that emphasize lighting, access control, and resident engagement.
Proximity to major entertainment and corporate offices supports a broad workforce tenant base and commute convenience, including Disney, Radio Disney, Charter Communications, Avery Dennison, and Live Nation Entertainment.
- Disney — entertainment HQ & corporate (1.2 miles) — HQ
- Radio Disney — media offices (2.1 miles)
- Charter Communications — telecommunications offices (2.5 miles)
- Avery Dennison — manufacturing & materials (3.5 miles) — HQ
- Live Nation Entertainment — entertainment offices (5.2 miles)
This 60‑unit Burbank asset benefits from a high renter concentration at the neighborhood level and occupancy in the mid‑90s, supporting stable cash flow dynamics relative to many Los Angeles peers. Amenity richness (restaurants, cafes, parks, pharmacies) ranks well nationally, which bolsters leasing and renewal potential. Elevated home values in the area point to a high‑cost ownership market, a backdrop that typically sustains multifamily demand and supports pricing power when operations are strong.
Within a 3‑mile radius, demographics indicate a larger household base over time and projections for further income growth, expanding the tenant pool and supporting long‑term absorption. Based on multifamily property research from WDSuite, rents trend on the higher side for the neighborhood, reinforcing the need for disciplined affordability and retention management while leveraging proximity to major employment nodes.
- High renter-occupied share at the neighborhood level supports deep tenant demand
- Occupancy trending in the mid‑90s supports income stability
- Strong amenity access and proximity to major employers aid leasing and renewals
- High‑cost ownership market reinforces reliance on rental housing
- Risk: higher rents and some safety‑trend volatility require active retention and management