| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 84th | Best |
| Demographics | 71st | Best |
| Amenities | 95th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 436 E Magnolia Blvd, Burbank, CA, 91501, US |
| Region / Metro | Burbank |
| Year of Construction | 1988 |
| Units | 20 |
| Transaction Date | 1999-08-17 |
| Transaction Price | $2,000,000 |
| Buyer | KIMURA PARTNERS |
| Seller | GIRARD DAVID H AND H JEAN TRS |
436 E Magnolia Blvd Burbank Multifamily Investment
Renter-occupied housing is prevalent in this Burbank urban core, supporting demand and occupancy stability, according to WDSuite’s CRE market data. Elevated ownership costs in the surrounding area further sustain reliance on multifamily rentals.
Positioned in Burbank’s Urban Core, the neighborhood ranks 56 out of 1,441 Los Angeles metro neighborhoods, placing it firmly in the top quartile locally. Amenity access is a standout: restaurants, cafes, groceries, pharmacies, and parks all sit in high national percentiles, translating to daily-life convenience that typically supports retention and steady leasing.
For investors, the local renter concentration is significant: the share of renter-occupied housing units in the neighborhood is high (near the top of national ranges), indicating depth in the tenant base and durable demand for multifamily product. Neighborhood occupancy trends are above national averages, which helps underpin income stability, while NOI per unit measures competitively versus many U.S. neighborhoods.
Within a 3-mile radius, demographics point to a stable population with a larger household base than five years ago and further household growth projected, implying a gradual expansion of the renter pool rather than a contraction. Income levels have strengthened over time, which can support pricing power, though rent growth should be calibrated to retention strategies as household sizes are edging lower.
Single-family ownership remains a high-cost proposition locally (home values are elevated by national standards), which tends to reinforce renter reliance on multifamily housing. School ratings are around or slightly above national medians, adequate for broad renter appeal, while amenity-rich blocks help differentiate the location within the Los Angeles metro.
Relative to Los Angeles metro peers, the neighborhood’s crime rank sits modestly below the metro median, suggesting safety is mixed in a regional context. Nationally, however, the area trends safer than average overall, with property crime indicators in the top quartile nationwide and violent crime measures around the upper half.
Recent trends point to a decline in estimated property offenses year over year, while violent offense estimates show a recent uptick. Investors should focus on property-level security practices and engage with local trend data periodically rather than relying on block-level assumptions.
Proximity to major entertainment and corporate offices supports a robust renter pool and commute convenience, notably from Disney, Charter Communications, Radio Disney, Avery Dennison, and Live Nation Entertainment.
- Disney — entertainment HQ (2.2 miles) — HQ
- Charter Communications — communications (2.3 miles)
- Radio Disney — media (3.0 miles)
- Avery Dennison — manufacturing HQ (3.6 miles) — HQ
- Live Nation Entertainment — entertainment HQ (9.3 miles) — HQ
This 20-unit asset sits in a top-quartile Los Angeles metro neighborhood with strong amenity access and a deep renter base. Neighborhood occupancy trends are solid and supported by elevated for-sale housing costs that sustain multifamily reliance, while the area’s entertainment and corporate employment anchors bolster leasing velocity and retention. Based on CRE market data from WDSuite, local fundamentals compare favorably to national norms on amenities and income growth, supporting a long-term hold thesis.
Within a 3-mile radius, households have increased over the past five years and are projected to continue growing, implying a broader tenant base over time. That said, rent-to-income ratios signal affordability pressure for some cohorts, so asset performance should emphasize renewals, resident experience, and targeted upgrades to balance pricing power with retention.
- Top-quartile neighborhood in the Los Angeles metro with strong amenity density and steady occupancy
- Deep renter-occupied housing base and high-cost ownership market support ongoing multifamily demand
- Diverse nearby employment anchors (Disney, Charter, Avery Dennison, Live Nation) underpin leasing stability
- Expanding household counts within 3 miles point to a gradually widening tenant pool
- Risk: Elevated rent-to-income ratios in parts of the renter base require disciplined renewal and pricing strategies