| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 84th | Best |
| Demographics | 71st | Best |
| Amenities | 95th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 460 E Santa Anita Ave, Burbank, CA, 91501, US |
| Region / Metro | Burbank |
| Year of Construction | 1988 |
| Units | 20 |
| Transaction Date | 1996-05-16 |
| Transaction Price | $1,650,000 |
| Buyer | W & H LLC |
| Seller | SCHULTZ INVESTMENTS LTD 80-C |
460 E Santa Anita Ave, Burbank Multifamily Investment
Positioned in a high-amenity Burbank neighborhood with strong renter demand, this 20-unit asset benefits from healthy neighborhood occupancy and proximity to major job centers, according to WDSuite’s CRE market data.
The property sits in an Urban Core pocket of Burbank rated A+ and ranked 56th among 1,441 Los Angeles metro neighborhoods, placing it in the top quartile locally. For investors, this suggests durable fundamentals and competitive positioning relative to the broader metro.
Amenity access is a standout: the neighborhood lands in the 95th percentile nationally for overall amenities, with restaurant density in the 99th percentile, pharmacies in the 97th, childcare in the 100th, and parks in the 89th. Such concentrations typically support leasing velocity and retention by enhancing daily convenience for residents.
At the neighborhood level, renter-occupied housing concentration is high, indicating a deep tenant base that can support stabilized occupancy across cycles. Neighborhood occupancy trends are competitive nationally, and asking rents sit above many U.S. neighborhoods, pointing to pricing power potential balanced by prudent lease management.
Within a 3-mile radius, households have increased in recent years and are projected to expand further by 2028 even as average household size edges lower. This combination points to a larger renter pool over time. Elevated home values (high national percentile) indicate a high-cost ownership market that can sustain rental demand, supporting occupancy and rent collections. These takeaways are grounded in multifamily property research from WDSuite.
Neighborhood safety indicators compare favorably to many U.S. neighborhoods overall, with composite crime metrics around the upper half nationally. Property offense estimates trend stronger (closer to the top quartile nationally), while violent offense metrics are above national averages but warrant continued monitoring.
Relative to the Los Angeles metro, the area’s crime profile is competitive among 1,441 neighborhoods rather than an outlier at either extreme. A recent uptick in estimated violent offenses suggests a risk factor to track, and investors may consider conservative underwriting and security-forward operations.
Proximity to nearby corporate offices supports renter demand through short commutes and professional employment density. Notable employers include Disney, Charter Communications, Radio Disney, Avery Dennison, and CBRE Group.
- Disney — corporate offices (2.16 miles) — HQ
- Charter Communications — corporate offices (2.80 miles)
- Radio Disney — corporate offices (3.02 miles)
- Avery Dennison — corporate offices (3.04 miles) — HQ
- CBRE Group — corporate offices (9.33 miles) — HQ
460 E Santa Anita Ave offers exposure to an A+-rated, amenity-rich Burbank neighborhood with healthy occupancy, strong renter concentration, and proximity to blue-chip employers. Elevated neighborhood home values point to a high-cost ownership environment that can reinforce multifamily demand and support rent growth, while dense amenities bolster leasing and retention. Based on CRE market data from WDSuite, the neighborhood’s amenity and housing metrics compare favorably to metro and national benchmarks.
Within a 3-mile radius, households have grown and are projected to increase further by 2028 despite modest population drift, implying smaller household sizes and a broader tenant base over time. Investors should balance pricing power with careful affordability and retention management given higher rent-to-income ratios at the neighborhood level, and continue to monitor safety trends as part of conservative underwriting.
- A+-rated neighborhood, top quartile among 1,441 Los Angeles metro neighborhoods
- High national amenity percentiles (restaurants, pharmacies, parks, childcare) support leasing and retention
- Strong renter-occupied concentration at the neighborhood level points to deep tenant demand
- Within 3 miles, household growth and smaller household sizes expand the renter pool
- Risks: elevated rent-to-income ratios and recent violent offense volatility warrant conservative underwriting