| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 82nd | Best |
| Demographics | 69th | Good |
| Amenities | 75th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 17730 Burbank Blvd, Encino, CA, 91316, US |
| Region / Metro | Encino |
| Year of Construction | 1985 |
| Units | 52 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
17730 Burbank Blvd Encino Multifamily Investment
The 52-unit property benefits from neighborhood-level occupancy rates of 96.8% and strong rental demand fundamentals, according to CRE market data from WDSuite.
This Encino neighborhood ranks in the top quartile among 1,441 Los Angeles metro neighborhoods for overall investment attractiveness, with an A rating based on strong housing fundamentals. The area maintains 96.8% occupancy rates and a high 62.2% share of renter-occupied housing units, indicating sustained rental demand depth. Median contract rents of $1,754 have grown 17.7% over five years, reflecting pricing power in the submarket.
Built in 1985, this property aligns with the neighborhood's average construction vintage of 1973, suggesting consistent building stock without immediate capital expenditure pressures. The area demonstrates strong amenity density with 4.07 grocery stores per square mile and robust childcare access, supporting tenant retention. Demographics within a 3-mile radius show a stable household income median of $96,392 with 47.6% of housing units occupied by renters.
Home values averaging $601,620 with 31.4% five-year appreciation create elevated ownership costs that sustain rental demand and limit accessibility to homeownership. The rent-to-income ratio of 0.28 indicates manageable affordability levels for the tenant base. Forward-looking demographic projections suggest household growth of 32.5% by 2028, expanding the potential renter pool and supporting occupancy stability.
The neighborhood demonstrates favorable safety trends with property crime rates declining 74.4% year-over-year and violent crime down 93.3%. These improvements place the area in the 96th and 99th national percentiles respectively for crime reduction, indicating strengthening security conditions that support tenant retention and leasing velocity.
Current crime levels rank in the 76th national percentile among neighborhoods nationwide, reflecting above-average safety performance. The substantial year-over-year reductions in both property and violent offenses suggest ongoing improvements in neighborhood security dynamics.
The property benefits from proximity to major corporate employers that provide workforce housing demand, including technology, insurance, and energy sector headquarters within a 10-mile radius.
- Thermo Fisher Scientific — life sciences technology (4.3 miles)
- Farmers Insurance Exchange — insurance headquarters (4.8 miles) — HQ
- Occidental Petroleum — energy headquarters (8.9 miles) — HQ
- Live Nation Entertainment — entertainment headquarters (9.7 miles) — HQ
- AECOM — engineering services headquarters (9.8 miles) — HQ
This 52-unit Encino property presents stable fundamentals with neighborhood-level occupancy of 96.8% and strong rental demand supported by a 62.2% renter-occupied housing base. The 1985 construction vintage aligns with area norms while elevated home values sustaining rental demand through limited ownership accessibility. Demographic projections indicate 32.5% household growth by 2028, expanding the tenant base within the 3-mile radius.
According to multifamily property research from WDSuite, the neighborhood ranks in the top quartile among Los Angeles metro areas for investment attractiveness. Five-year rent growth of 17.7% demonstrates pricing power, while improving safety metrics including 74.4% reductions in property crime support tenant retention and leasing stability.
- Neighborhood occupancy rates of 96.8% indicate strong rental demand stability
- 17.7% five-year rent growth demonstrates pricing power in the submarket
- Projected 32.5% household growth expands the potential tenant base through 2028
- Property crime reductions of 74.4% year-over-year support tenant retention
- Risk: Rent-to-income ratios warrant monitoring for affordability pressure on renewals