| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 78th | Good |
| Demographics | 85th | Best |
| Amenities | 75th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 4100 W Hood Ave, Burbank, CA, 91505, US |
| Region / Metro | Burbank |
| Year of Construction | 2013 |
| Units | 24 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
4100 W Hood Ave Burbank Multifamily Investment
2013-built, 24-unit asset with larger floor plans positions well against older local stock; according to WDSuite’s CRE market data, strong renter concentration and a high-cost ownership market support steady renter demand.
Located in Burbank s Urban Core, the neighborhood rates highly overall (ranked 119 among 1,441 Los Angeles-Long Beach-Glendale neighborhoods), placing it in the top quartile locally. Amenities and daily needs are convenient by LA standards, with restaurants, cafes, pharmacies, and groceries measuring above national medians, while parks are limited within the immediate area.
Schools in the neighborhood average roughly 4.0 out of five, and education attainment trends score well versus national peers. Against national CRE benchmarks, the area shows top-quartile amenity access and favorable neighborhood ratings, supporting leasing appeal for households valuing convenience and services.
The property s 2013 vintage is materially newer than the area s average construction year (1971), which can offer competitive positioning on unit quality and operating efficiency; investors should still plan for mid-life systems and common-area refreshes as part of capital planning. Average unit sizes near 1,200 sq. ft. indicate family- and roommate-friendly layouts that can broaden the tenant base.
Tenure data indicate a high share of renter-occupied housing in the neighborhood and within the 3-mile radius, signaling depth for multifamily demand and potential lease-up resilience. Within 3 miles, households have inched higher even as average household size trends slightly smaller; projections through 2028 call for population and household growth, which expands the local renter pool and supports occupancy stability.
Home values rank near the top nationally, creating a high-cost ownership environment that tends to sustain reliance on rental housing and can aid pricing power for well-located, quality multifamily assets. Neighborhood rent levels also score in upper national percentiles, consistent with Burbank s employment base and service/amenity access.
Neighborhood safety indicators compare favorably at the national level, with overall crime measures in high national percentiles (safer relative to most U.S. neighborhoods). Violent and property offense metrics both track above national safety benchmarks, and recent year-over-year readings show notable declines.
Within the Los Angeles-Long Beach-Glendale metro, the area ranks competitively versus many neighborhoods (1,441 total), and the improved short-term trend reduces near-term volatility risk for operators. As always, investors should underwrite to property-level security, lighting, and access controls and review recent local reports to validate micro-conditions.
Proximity to media and corporate employers underpins renter demand and commute convenience, notably Radio Disney, The Walt Disney Company, Live Nation Entertainment, Charter Communications, and Avery Dennison.
- Radio Disney — media offices (0.5 miles)
- Disney — entertainment & media (1.2 miles) — HQ
- Live Nation Entertainment — live entertainment offices (3.1 miles)
- Charter Communications — telecommunications (3.7 miles)
- Avery Dennison — materials manufacturing (5.0 miles) — HQ
4100 W Hood Ave is a 24-unit, 2013-vintage multifamily with larger floor plans in a high-demand Burbank submarket. The asset competes against an older neighborhood baseline, while renter-occupied share is elevated in both the neighborhood and the surrounding 3-mile area, reinforcing depth of tenant demand. Home values are at the upper end nationally, which typically sustains multifamily reliance and can support pricing power for quality product. According to CRE market data from WDSuite, neighborhood NOI per unit trends in the upper national deciles and amenity access is strong, though park space is limited.
Forward-looking demographics within 3 miles point to household growth and a larger renter pool through 2028, which should support occupancy stabilization even as the neighborhood s recent occupancy readings have been softer than national medians. Investors should budget for mid-life building systems over the hold, but the property s newer construction and location near major employers position it well relative to older inventory.
- Newer 2013 construction versus older local stock supports competitive positioning and rent capture.
- Elevated renter-occupied share and strong employer proximity deepen the tenant base and aid leasing.
- High-cost ownership market reinforces rental demand and can support pricing power.
- Neighborhood NOI per unit and amenity access score in upper national tiers, per WDSuite data.
- Risks: recent neighborhood occupancy softness and limited park access warrant conservative underwriting and property-level activation.