| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 82nd | Best |
| Demographics | 57th | Good |
| Amenities | 48th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 10141 De Soto Ave, Chatsworth, CA, 91311, US |
| Region / Metro | Chatsworth |
| Year of Construction | 1977 |
| Units | 98 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
10141 De Soto Ave Chatsworth Multifamily Investment
Neighborhood fundamentals point to steady renter demand and above-median occupancy for the area, according to WDSuite’s CRE market data. These indicators describe the surrounding neighborhood rather than the asset itself, supporting a stable operating backdrop for a 98-unit community.
Positioned in Chatsworth within Los Angeles County, the asset sits in a B-rated neighborhood that ranks above the metro median among 1,441 Los Angeles-Long Beach-Glendale neighborhoods. Neighborhood occupancy trends track above the metro median and in the upper national quartile, supporting leasing stability and reducing exposure to extended downtime.
Everyday convenience is a relative strength: grocery and pharmacy access sit in the mid-90s national percentiles, with restaurant density similarly high. By contrast, parks and cafes are comparatively limited, which may soften lifestyle appeal but does not impair daily needs access. Average school ratings run below national norms, a consideration for unit-mix positioning and marketing to households.
Tenure patterns indicate depth in the renter pool: renter-occupied housing comprises roughly 71% of neighborhood units, pointing to a wide base of prospective tenants and durable absorption potential. Median neighborhood rents are elevated by national standards, while rent-to-income levels are closer to the national middle, suggesting manageable affordability pressure that can support retention with disciplined renewals.
Demographic statistics aggregated within a 3-mile radius show recent population and household growth, with forecasts calling for further household gains alongside smaller average household sizes. That shift typically expands the renter base and supports occupancy stability even if population growth moderates.
Home values and value-to-income ratios are high versus national benchmarks, indicating a high-cost ownership market. For multifamily investors, elevated ownership costs generally sustain reliance on rental housing, supporting pricing power and lease-up consistency in well-managed properties.
Safety indicators compare favorably. The neighborhood’s overall crime positioning is in the top quartile nationally and sits in a stronger tier relative to the 1,441 Los Angeles-Long Beach-Glendale neighborhoods, indicating comparatively lower reported crime than many peers.
Directionally, both property and violent offense rates have improved year over year, with changes ranking among the strongest nationally. While conditions vary by block and over time, these trends support resident retention and leasing stability from an investor perspective.
Nearby employers span life sciences, insurance, pharmaceutical distribution, medical devices, and telecommunications—providing a diversified employment base that supports renter demand and commute convenience.
- Thermo Fisher Scientific — life sciences (3.2 miles)
- Farmers Insurance Exchange — insurance (4.9 miles) — HQ
- AmerisourceBergen — pharmaceutical distribution (12.7 miles)
- Boston Scientific Neuromodulation — medical devices (13.9 miles)
- Charter Communications — telecommunications (14.5 miles)
This 98-unit asset built in 1977 offers a compelling value-add profile relative to nearby stock (average neighborhood vintage is early 1980s). The vintage suggests planning for systems upgrades and interior refreshes, with potential to enhance competitive positioning against newer inventory. Elevated neighborhood occupancy, a high renter concentration, and a high-cost ownership market collectively support tenant demand, while rent-to-income levels closer to the national middle can aid renewals.
According to CRE market data from WDSuite, the neighborhood sits above the metro median and in strong national percentiles for occupancy, while 3-mile demographics point to growing households and smaller household sizes—factors that typically expand the renter base and support leasing stability. Proximity to diversified employment nodes further underpins absorption and retention.
- Above-median neighborhood occupancy and deep renter base support leasing stability
- 1977 vintage presents value-add opportunity via targeted renovations and system upgrades
- High-cost ownership market reinforces reliance on rental housing and pricing power
- 3-mile area shows expanding households and smaller sizes, enlarging the renter pool
- Risks: older systems may require capex; limited parks/cafes and below-average school ratings could temper family-oriented demand