| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 81st | Best |
| Demographics | 38th | Fair |
| Amenities | 77th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1030 Winchester Ave, Glendale, CA, 91201, US |
| Region / Metro | Glendale |
| Year of Construction | 1980 |
| Units | 30 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1030 Winchester Ave Glendale Multifamily Investment
Neighborhood occupancy around the property is strong at 96.8% (neighborhood-level), supporting leasing stability according to WDSuite’s CRE market data. Positioned in Glendale’s Urban Core, the asset benefits from persistent renter demand and proximity to major employment nodes.
Glendale’s Urban Core around 1030 Winchester Ave offers investors a deep daily-needs ecosystem: neighborhood amenities rank 286th out of 1,441 Los Angeles-Long Beach-Glendale neighborhoods and sit in the 77th percentile nationally, with very dense grocery and cafe presence (both 99th percentile). This concentration of services typically supports renter convenience, retention, and day-to-day livability.
Occupancy in the neighborhood is 96.8% and is competitive among Los Angeles-Long Beach-Glendale neighborhoods (ranked 474 of 1,441), indicating comparatively tight local rental conditions. Renter-occupied housing is notably concentrated at 84.7% of units (ranked 27 of 1,441), pointing to a sizable tenant base and depth of demand for multifamily product.
Within a 3-mile radius, demographics indicate modest recent population growth and an increase in households, with projections calling for further household gains even as average household size trends lower. This pattern typically expands the renter pool and supports occupancy stability for well-located properties serving a range of unit types.
Ownership costs in the neighborhood register in the 96th percentile nationally for home values, signaling a high-cost ownership market. For multifamily investors, elevated ownership costs often reinforce reliance on rentals, which can aid lease retention and pricing power; however, it also warrants attentive lease management where rent-to-income ratios suggest affordability pressure.
Relative to Los Angeles-Long Beach-Glendale, crime conditions in the neighborhood trend near the metro middle (ranked 730 out of 1,441). Nationally, the area performs modestly better than average overall (55th percentile), with violent incidents positioned in the 71st percentile and property-related incidents in the 78th percentile compared with neighborhoods nationwide.
Year-over-year shifts show mixed momentum: estimates indicate a recent uptick in property-related incidents while violent incident trends are closer to midrange changes nationally. For investors, the takeaway is to underwrite standard security, lighting, and access-control measures and monitor submarket trends over time rather than relying on block-level assumptions.
The property sits near a diversified white-collar employment base that supports renter demand and commute convenience, including Avery Dennison, Disney, Radio Disney, Charter Communications, and Live Nation Entertainment.
- Avery Dennison — corporate offices (2.1 miles) — HQ
- Disney — corporate offices (2.2 miles) — HQ
- Radio Disney — corporate offices (3.2 miles)
- Charter Communications — corporate offices (3.8 miles)
- Live Nation Entertainment — corporate offices (5.6 miles)
1030 Winchester Ave comprises 30 units with an average floor plan size of about 1,177 sq. ft., positioned in a renter-centric Urban Core. Neighborhood occupancy is competitive versus the metro and, based on CRE market data from WDSuite, the surrounding area’s high-cost ownership landscape continues to support durable multifamily demand. The neighborhood’s elevated renter-occupied share further underscores depth of the tenant base.
Built in 1980, the asset is newer than the neighborhood’s average vintage. That positioning can be advantageous versus older local stock, while still leaving room for targeted modernization and systems upgrades to enhance competitiveness and drive rent and retention outcomes. Within a 3-mile radius, households are projected to grow as average household size declines, which typically expands the renter pool and supports occupancy stability over the medium term.
- Competitive neighborhood occupancy and strong renter concentration support leasing stability.
- 1980 vintage offers relative competitiveness versus older stock, with value-add potential via selective upgrades.
- High-cost ownership market reinforces rental demand and can support pricing power.
- 3-mile outlook shows more households and smaller household sizes, expanding the renter pool.
- Risks: affordability pressure (lease management), mixed safety momentum, and execution risk on renovations.