| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 78th | Good |
| Demographics | 85th | Best |
| Amenities | 75th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 316 N Maple St, Burbank, CA, 91505, US |
| Region / Metro | Burbank |
| Year of Construction | 1986 |
| Units | 88 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
316 N Maple St Burbank 88-Unit Multifamily
Positioned in a high-cost ownership pocket of Burbank, the asset benefits from a deep renter base and proximity to major studios; neighborhood occupancy and rents should be evaluated against submarket peers, according to WDSuite s CRE market data.
Burbank s Urban Core location offers daily convenience and employer access that support renter demand. Dining density is a standout (restaurants rank competitive nationally), and cafes, pharmacies, and groceries are available at levels that exceed many neighborhoods across the country. Average school ratings trend above national norms, which can aid retention for family renters.
Within the Los Angeles-Long Beach-Glendale metro, this neighborhood is competitive among 1,441 neighborhoods and earns an A neighborhood rating. Nationally, amenity and housing metrics plot in upper percentiles, signaling attractive livability for workforce and professional tenants. Median home values sit in the very high end nationally, a high-cost ownership backdrop that typically reinforces renter reliance on multifamily housing and can support pricing power and lease retention.
For investors, tenure dynamics are favorable: the neighborhood s share of renter-occupied housing units is elevated, indicating a sizable tenant pool and consistent leasing traffic. At the same time, neighborhood occupancy has eased versus five years ago, so underwriting should focus on current lease-up and renewal trends rather than trailing peaks. NOI per unit trends in the top deciles nationally, underscoring income potential where operations are well managed.
Demographic statistics aggregated within a 3-mile radius show households grew modestly over the last five years and are projected to expand substantially by 2028, with smaller average household sizes. This points to a larger tenant base and more one- to two-person households entering the market, which typically supports absorption of mid-size apartment units. The property s 1986 vintage is newer than the neighborhood s average building age (1970s era), offering relative competitiveness versus older stock while still leaving room for targeted modernization and building systems planning.
Safety indicators compare favorably in a metro and national context. Based on WDSuite s CRE market data, the neighborhood plots in the top quartile nationally for lower violent and property offense rates, and recent year-over-year trends show notable declines in both categories. Within the Los Angeles-Long Beach-Glendale metro (1,441 neighborhoods), the area performs above the metro average, which can aid resident retention and leasing stability.
As always, investors should review property-level security measures and recent incident trends for nearby blocks, but the broader neighborhood trajectory suggests supportive conditions for multifamily operations.
Proximity to major media and corporate employers underpins demand for workforce and professional renters, supporting commute convenience and renewal prospects. Nearby employment drivers include Radio Disney, Disney, Charter Communications, Live Nation Entertainment, and Avery Dennison.
- Radio Disney media & entertainment (0.26 miles)
- Disney media & entertainment (1.10 miles) HQ
- Charter Communications telecommunications (3.00 miles)
- Live Nation Entertainment entertainment offices (3.78 miles)
- Avery Dennison packaging & materials (5.02 miles) HQ
316 N Maple St offers 88 units averaging roughly 780 square feet in a Burbank location characterized by high home values and a large share of renter-occupied housing units. This high-cost ownership context supports multifamily rental demand and lease retention, while proximity to studio and corporate employers helps stabilize the tenant base. Neighborhood occupancy has softened compared with prior years, so underwriting should emphasize current leasing velocity and concessions, but national percentile indicators for livability and income potential remain strong, according to commercial real estate analysis from WDSuite.
The 1986 vintage is newer than the area s average building age, providing relative competitiveness versus older stock and potential to capture value through selective renovations and systems upgrades. Within a 3-mile radius, households have grown and are projected to expand materially by 2028, pointing to a larger renter pool and support for occupancy stability over the hold.
- High-cost ownership market reinforces renter demand and pricing discipline
- Large renter-occupied housing share indicates depth of tenant base
- Proximity to major employers supports leasing and renewals
- 1986 vintage offers competitive positioning with value-add potential
- Risk: Neighborhood occupancy has eased; monitor lease-up pace and concessions