| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 88th | Best |
| Demographics | 82nd | Best |
| Amenities | 0th | Poor |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 11560 Poema Pl, Chatsworth, CA, 91311, US |
| Region / Metro | Chatsworth |
| Year of Construction | 1987 |
| Units | 20 |
| Transaction Date | 2023-10-20 |
| Transaction Price | $106,400,000 |
| Buyer | IMT CAPITAL VI SUMMERSET VILLAGE LLC |
| Seller | EQR-FRESCA 2009 LIMITED PARTNERSHIP |
11560 Poema Pl Chatsworth CA Multifamily Investment
According to CRE market data from WDSuite, the neighborhood around 11560 Poema Pl shows resilient renter demand and solid occupancy, supporting stable cash flow potential for a 20-unit asset. Investor focus here centers on steady leasing fundamentals rather than amenity-driven premiums.
Chatsworth sits on the suburban northwest edge of Los Angeles, with day-to-day conveniences more car-oriented than walk-up; immediate counts of cafes, groceries, parks, and pharmacies are limited. For investors, that typically shifts the renter profile toward households prioritizing space and commute balance over dense retail clustering.
On fundamentals, the neighborhood posts an occupancy rate that is competitive among Los Angeles-Long Beach-Glendale neighborhoods (ranked 504 out of 1,441) and in the top quintile nationally, per WDSuite’s CRE market data. Renter concentration at the neighborhood level is substantial (share of housing units that are renter-occupied), indicating a meaningful tenant base to support leasing continuity.
Construction patterns skew newer locally: the average construction year is 2004 (ranked 38 of 1,441, competitive among metro peers). With a 1987 vintage, this property is older than nearby stock, which points to potential value-add through selective renovations and systems updates to remain competitive with 2000s-era product.
Demographics aggregated within a 3-mile radius show population and household growth over the last five years, with additional gains forecast. Rising median household incomes and a rent-to-income profile that suggests manageable affordability pressure can underpin retention and support rent levels without overextending tenants, based on WDSuite’s commercial real estate analysis.
Safety indicators for the neighborhood are mixed when viewed against metro and national benchmarks. Overall crime sits near national midrange (around the 49th–50th percentile nationwide), and the area ranks 846 out of 1,441 within the Los Angeles-Long Beach-Glendale metro, indicating conditions that are not among the metro’s safest but also not the most challenged.
Recent trends diverge by category: estimated property offenses declined materially year over year (stronger improvement versus many neighborhoods nationwide), while estimated violent offenses increased versus the prior year (weaker trend compared with national peers). Investors should underwrite with conservative assumptions and monitor submarket policing and community programs rather than relying on block-level anecdotes.
Nearby employment combines life sciences, insurance, pharma distribution, and medical devices—supporting a diversified white-collar and technical workforce that can reinforce renter demand and lease stability. The list below focuses on employers within commuting distance that are most relevant to prospective tenants in this submarket.
- Thermo Fisher Scientific — life sciences (4.3 miles)
- Farmers Insurance Exchange — insurance (6.6 miles) — HQ
- Thermo Fisher Scientific — life sciences (7.2 miles)
- AmerisourceBergen — pharmaceutical distribution (11.0 miles)
- Boston Scientific Neuromodulation — medical devices (12.1 miles)
This 20-unit, 1987-vintage asset in suburban Chatsworth benefits from durable renter demand and neighborhood occupancy that trends strong versus national benchmarks, according to CRE market data from WDSuite. The area’s renter concentration provides depth to the tenant pool, while rent-to-income dynamics indicate manageable affordability pressure that can support retention and moderate pricing power.
The property’s older vintage versus a 2000s-skewing neighborhood stock creates a clear value-add lane—targeted interior upgrades and modernization of building systems can help close the competitive gap with newer assets. Demographic tailwinds within a 3-mile radius—population and household growth alongside rising incomes—reinforce long-term leasing stability, even as amenity-light surroundings favor car-based living.
- Strong neighborhood occupancy supports stable leasing and reduces downtime risk.
- 1987 vintage offers value-add potential to compete with 2000s-era stock.
- Diversified nearby employers (life sciences, insurance, medical devices) underpin white-collar renter demand.
- Rent-to-income dynamics and rising 3-mile household incomes support retention and steady rent levels.
- Risks: amenity-light immediate area and mixed safety trends warrant conservative underwriting and asset management focus.