| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 85th | Best |
| Demographics | 67th | Good |
| Amenities | 95th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 301 Bethany Rd, Burbank, CA, 91504, US |
| Region / Metro | Burbank |
| Year of Construction | 1987 |
| Units | 26 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
301 Bethany Rd Burbank Multifamily Investment
Neighborhood occupancy remains resilient with a deep renter base in Burbank’s urban core, according to WDSuite’s CRE market data, supporting stable leasing conditions at the submarket level.
Burbank’s urban-core location offers strong day-to-day convenience and renter appeal. Amenity access ranks competitively in the metro (ranked 84th among 1,441 Los Angeles-Long Beach-Glendale neighborhoods) and scores in the top quartile nationally, with grocery, parks, pharmacies, and dining densities all well above national norms.
Multifamily fundamentals are favorable for investors. The neighborhood’s occupancy is elevated compared with national benchmarks (top quintile nationally), and the share of renter-occupied housing is among the highest nationally, indicating a broad tenant base and steady demand for professionally managed apartments. NOI per unit trends are also strong relative to peers (top decile nationally), signaling healthy revenue potential in comparable assets.
Schools average mid-3 out of 5 and sit above national medians, while local demographics support demand depth. Within a 3-mile radius, households grew modestly in recent years and are projected to increase further, pointing to a larger tenant base and support for occupancy stability. Population growth has been steady to slightly positive, with smaller average household sizes reinforcing multifamily utilization over time.
The asset’s 1987 vintage is newer than the neighborhood’s typical 1970s stock. That positioning can enhance competitiveness versus older properties, though investors should still plan for targeted modernization and system upgrades to meet current renter expectations and sustain pricing power.
Home values in the area are elevated (top 5% nationally), which often sustains reliance on rental housing and supports retention. At the same time, rents track in the upper national percentiles, so proactive lease management and value delivery remain important to mitigate affordability pressure and maintain stable renewal rates.
Safety indicators compare favorably in context. Overall crime performance is competitive among Los Angeles-Long Beach-Glendale neighborhoods (ranked 563rd of 1,441), and safety percentiles sit above national averages. Recent trends show a notable decline in violent incidents, while property offenses saw a year-over-year uptick; investors should view this as a monitoring item rather than a defining risk, focusing on well-lit common areas, access control, and resident engagement.
Proximity to major entertainment and media employers underpins renter demand and commute convenience for residents, including Charter Communications, Disney, Radio Disney, Avery Dennison, and Live Nation Entertainment.
- Charter Communications — corporate offices (1.6 miles)
- Disney — corporate offices (2.4 miles) — HQ
- Radio Disney — corporate offices (2.9 miles)
- Avery Dennison — corporate offices (4.3 miles) — HQ
- Live Nation Entertainment — corporate offices (6.3 miles)
301 Bethany Rd benefits from a high-demand renter landscape in Burbank’s urban core. Neighborhood occupancy trends are strong and renter concentration is among the highest in the nation, supporting depth of tenant demand and leasing stability. The 1987 vintage is newer than the area’s 1970s average, offering competitive positioning versus older stock and potential value-add via targeted interiors, energy efficiencies, and common-area upgrades. Elevated home values in the area help sustain reliance on multifamily housing, though rent levels in upper percentiles call for attentive renewal and pricing strategies.
According to CRE market data from WDSuite, amenity access, NOI per unit, and dining/grocery density outperform national benchmarks, while 3-mile household counts have risen and are projected to expand further—indicators that support ongoing renter demand, retention, and occupancy stability over the medium term.
- Renter-heavy neighborhood with above-average occupancy supporting stable demand
- 1987 vintage: competitive versus older stock with targeted renovation upside
- Strong amenity access and NOI-per-unit performance relative to national peers
- Employment concentration in nearby media and corporate hubs supports leasing
- Risk: upper-percentile rents and a recent property-crime uptick warrant proactive lease and security management