| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 82nd | Best |
| Demographics | 57th | Good |
| Amenities | 48th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 10101 De Soto Ave, Chatsworth, CA, 91311, US |
| Region / Metro | Chatsworth |
| Year of Construction | 1986 |
| Units | 24 |
| Transaction Date | 2000-09-06 |
| Transaction Price | $1,735,000 |
| Buyer | CHATSWORTH PLAZA-00 |
| Seller | RIOPHARM U S A INC |
10101 De Soto Ave, Chatsworth CA Multifamily Opportunity
Neighborhood occupancy trends are strong and renter demand is durable in this Chatsworth pocket, according to WDSuite’s CRE market data, supporting stable leasing for well-located assets near core employment nodes.
Chatsworth’s Urban Core setting offers daily conveniences and commuter access that matter for resident retention. Grocery and pharmacy density ranks in the top decile nationally, while restaurants are also abundant. Parks, cafes, and childcare are less concentrated, so day-to-day needs are well covered but lifestyle amenities are more dispersed compared with top-tier Los Angeles areas.
The neighborhood posts an estimated 96% occupancy, placing it in the upper tier nationally for stability. Renter concentration is high at roughly seven in ten housing units being renter-occupied, indicating a deep tenant base for multifamily. Within the Los Angeles-Long Beach-Glendale metro, these metrics are competitive among 1,441 neighborhoods and signal consistent absorption for appropriately priced product.
Home values and value-to-income ratios sit in the upper national percentiles. In practice, this high-cost ownership context tends to sustain reliance on rental housing, which can support pricing power and lease retention. At the same time, average school ratings are below national midpoints, a factor that can modestly weigh on family-driven demand segments and should be considered in underwriting.
Property vintage locally centers around 1981. With a 1986 construction year, this asset is somewhat newer than the neighborhood average, offering relative competitiveness versus older stock; however, investors should still plan for selective modernization and systems upgrades to meet current renter expectations.
Demographic statistics aggregated within a 3-mile radius show recent population growth alongside an increase in households, expanding the renter pool. Forward-looking projections indicate households may continue to rise even if population edges down, implying smaller household sizes and a stable pipeline of renters that supports occupancy and leasing velocity.
Safety indicators are comparatively favorable versus neighborhoods nationwide, with the area landing in the top quartile for overall safety by national percentile. Recent trend data also points to notable year-over-year improvements in both property and violent offense rates, suggesting momentum toward lower incident levels. As always, compare specific sub-block conditions during site diligence and weigh security measures appropriate for an urban Los Angeles location.
Nearby corporate offices create a broad employment base that supports renter demand and commute convenience for residents, led by life sciences, insurance, and communications firms listed below.
- Thermo Fisher Scientific — life sciences (3.1 miles)
- Farmers Insurance Exchange — insurance (4.8 miles) — HQ
- AmerisourceBergen — pharmaceutical distribution (12.8 miles)
- Boston Scientific Neuromodulation — medical devices (14.0 miles)
- Charter Communications — telecommunications (14.5 miles)
This 24-unit asset benefits from a renter-heavy neighborhood with occupancy levels that trend above national averages, reinforcing leasing stability. Elevated ownership costs in the area help sustain multifamily demand, while strong grocery, pharmacy, and dining access bolsters day-to-day livability. Based on CRE market data from WDSuite, neighborhood occupancy remains competitive within the Los Angeles metro, supporting a case for durable performance when units are positioned to local price sensitivity.
Built in 1986, the property is somewhat newer than the neighborhood average, offering an edge versus older comparables, yet still a candidate for targeted value-add through interior updates and building systems modernization. Demographics aggregated within a 3-mile radius indicate expanding households and income growth, which can translate to a larger tenant base and support for rent levels, even as forecasts anticipate smaller household sizes and modest population slippage.
- Renter-heavy submarket with occupancy in the upper national tier, supporting lease stability.
- High ownership costs reinforce reliance on rental housing, aiding pricing power and retention.
- 1986 vintage offers relative competitiveness and value-add potential via selective renovations.
- 3-mile radius shows rising households and incomes, expanding the tenant base.
- Risks: below-average school ratings and dispersed lifestyle amenities may temper certain demand segments; plan for targeted improvements and tenant-profile alignment.