| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 78th | Good |
| Demographics | 85th | Best |
| Amenities | 75th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 330 N Screenland Dr, Burbank, CA, 91505, US |
| Region / Metro | Burbank |
| Year of Construction | 1987 |
| Units | 96 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
330 N Screenland Dr Burbank Multifamily Investment
Positioned in a high-cost ownership pocket of Burbank, the asset benefits from durable renter demand and proximity to major studio employers, according to WDSuite s commercial real estate analysis. Neighborhood-level occupancy trends have softened recently, but tenant depth remains supported by a large renter-occupied housing base.
This Urban Core neighborhood scores A and ranks 119 out of 1,441 Los Angeles metro neighborhoods, placing it in the top quartile locally. Dining and daily-needs access are strong: restaurants are abundant (top national tier), with supportive cafe, grocery, pharmacy, and childcare density. Park acreage is limited, so outdoor space and on-site amenities can matter for resident retention.
Average school ratings trend favorable (around 4 out of 5; top quintile nationally), which can support leasing to households prioritizing education access. Median home values sit in a high-cost ownership market (99th percentile nationally), reinforcing reliance on multifamily options and helping sustain pricing power when operations are well managed.
At the neighborhood level, occupancy is lower than national medians today and has eased versus five years ago; investors should underwrite to current stabilization, not peak cycles. However, renter concentration is high about 62% of housing units are renter-occupied which supports a deep tenant base for mid- and upper-tier product.
Within a 3-mile radius, household counts have grown modestly and are projected to increase further by 2028, with smaller average household sizes. This indicates a larger, more diverse tenant pool and steady demand for professionally managed apartments. Median incomes in the 3-mile area are rising, and current rent-to-income dynamics suggest manageable affordability pressure relative to nearby for-sale costs, based on CRE market data from WDSuite.
Relative to neighborhoods nationwide, recent data places this area in the upper tiers for safety: violent offense rates track in the high national percentiles (safer than most areas), and property offense rates score above the national median as well. Year over year, both categories show meaningful declines, according to WDSuite s CRE market data. As always, safety can vary by block and over time; investors should benchmark comps and review the latest local reports during diligence.
Proximity to major entertainment and corporate employers supports workforce housing demand and short commute times for renters. Key nearby employers include Radio Disney, Disney, Charter Communications, Live Nation Entertainment, and Avery Dennison.
- Radio Disney media offices (0.26 miles)
- Disney entertainment studios (1.0 miles) HQ
- Charter Communications telecom & media (2.95 miles)
- Live Nation Entertainment entertainment offices (3.82 miles)
- Avery Dennison materials manufacturing (4.92 miles) HQ
330 N Screenland Dr offers scale at 96 units in a renter-heavy Burbank pocket where homeownership carries elevated costs, supporting sustained multifamily demand. Neighborhood amenity access is strong and school quality trends favorable, while the local renter-occupied share indicates depth of the tenant base. Although neighborhood occupancy has softened from prior peaks, leasing fundamentals remain underpinned by proximity to blue-chip employers and a broad professional workforce.
Built in 1987, the property is newer than much of the area s existing stock, which skews to the 1970s. That positioning can help competitiveness versus older assets, while still leaving room for selective modernization and systems upgrades to drive rent and retention. According to CRE market data from WDSuite, the surrounding 3-mile radius shows rising incomes and projected growth in households, which supports occupancy stability and measured rent performance over a multi-year hold.
- Renter-heavy submarket and high-cost ownership context support durable tenant demand
- 1987 vintage offers competitive edge versus older local stock with value-add potential
- Strong employer adjacency (studios and corporate offices) aids leasing and retention
- Favorable 3-mile income trends and projected household growth support long-term occupancy
- Risks: neighborhood occupancy below national medians and limited park access require disciplined operations