| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 84th | Best |
| Demographics | 34th | Fair |
| Amenities | 63rd | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 7810 Topanga Canyon Blvd, Canoga Park, CA, 91304, US |
| Region / Metro | Canoga Park |
| Year of Construction | 1983 |
| Units | 60 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
7810 Topanga Canyon Blvd Canoga Park Multifamily Investment
Neighborhood occupancy is strong and renter demand is deep, according to WDSuite’s CRE market data, positioning this Canoga Park asset for steady leasing performance. The submarket’s high renter concentration supports retention while ownership costs in Los Angeles County sustain reliance on multifamily housing.
Located in Canoga Park within the Los Angeles metro, the property benefits from neighborhood conditions that support multifamily performance. Neighborhood occupancy is in the top quartile nationally and NOI per-unit metrics also benchmark in the top quartile, based on CRE market data from WDSuite. Note that these figures reflect neighborhood conditions, not property-level performance.
Daily needs are well covered: grocery and pharmacy access score in high national percentiles, and restaurants are comparatively dense for the area. Fewer parks and cafes nearby suggest lifestyle amenities skew toward essentials over leisure. For investors, that balance typically aligns with stable renter demand in workforce-oriented micro-locations.
Tenure data indicates a high share of renter-occupied housing units in the immediate neighborhood, signaling a sizable tenant base and consistent leasing depth. Within a 3-mile radius, households have grown in recent years and are projected to continue increasing by 2028, which supports a larger tenant base and occupancy stability. Median incomes in the 3-mile area have risen meaningfully, which can help absorb rent growth, though elevated rent-to-income levels in the neighborhood point to affordability pressure that warrants prudent lease management.
Home values in the neighborhood rank high nationally for Los Angeles, indicating a high-cost ownership market. This dynamic tends to reinforce rental demand and can support pricing power, while also requiring attention to renewal strategies to mitigate affordability-driven turnover risk.
Safety indicators compare favorably at the national level, with neighborhood measures landing in higher national percentiles, according to WDSuite’s data. Recent estimates also point to meaningful year-over-year declines in both property and violent offense rates, a constructive trend for resident retention and leasing stability. These references describe neighborhood-level conditions within the Los Angeles metro and do not represent block-level risk.
The surrounding employment base includes life sciences, insurance, energy, engineering, and entertainment headquarters and offices, which broadens the renter pool and supports commute-friendly leasing.
- Thermo Fisher Scientific — life sciences (1.3 miles)
- Farmers Insurance Exchange — insurance (1.9 miles) — HQ
- Occidental Petroleum — energy (14.0 miles) — HQ
- AECOM — engineering & consulting (15.1 miles) — HQ
- Live Nation Entertainment — entertainment (15.2 miles) — HQ
The 60-unit property at 7810 Topanga Canyon Blvd was built in 1983, a vintage that often supports a value-add strategy through targeted interior upgrades and systems modernization. Neighborhood fundamentals are favorable: occupancy benchmarks in the top quartile nationally and a high renter-occupied share indicate durable leasing depth. Within a 3-mile radius, household growth and rising incomes expand the tenant pool, while the neighborhood’s high-cost ownership landscape tends to sustain multifamily reliance.
At the same time, rent-to-income readings at the neighborhood level suggest affordability pressure, calling for disciplined pricing and renewal management. According to CRE market data from WDSuite, grocery and restaurant access are strong, reinforcing day-to-day livability, while limited parks and cafes mean the amenity set is more functional than experiential—useful context for positioning and capital planning.
- Strong neighborhood occupancy and high renter concentration support leasing stability
- 1983 vintage offers value-add and systems-upgrade potential to drive NOI
- 3-mile radius shows growing households and rising incomes, expanding the renter base
- High-cost ownership market reinforces sustained rental demand and pricing power
- Risk: Elevated rent-to-income levels require careful lease and renewal management