| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 83rd | Best |
| Demographics | 51st | Fair |
| Amenities | 96th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1160 Ruberta Ave, Glendale, CA, 91201, US |
| Region / Metro | Glendale |
| Year of Construction | 1985 |
| Units | 30 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1160 Ruberta Ave Glendale Multifamily Investment Opportunity
Neighborhood fundamentals point to durable renter demand and steady occupancy, according to WDSuite’s CRE market data. A high share of renter-occupied housing in this Glendale urban core submarket supports leasing stability and pricing discipline.
Amenity access is a core differentiator here. The neighborhood ranks among the top quartile of 1,441 Los Angeles-Long Beach-Glendale metro neighborhoods for overall amenities, with grocery, café, restaurant, and pharmacy densities placing in high national percentiles. This concentration of daily needs and lifestyle options typically supports retention and minimizes concession pressure for well-run multifamily assets.
Renter concentration is notably high at the neighborhood level, indicating a deep tenant base for a 30-unit property and supporting occupancy stability relative to many Los Angeles submarkets. Median contract rents are elevated versus national benchmarks, while neighborhood-level NOI per unit trends in the upper decile nationally, based on CRE market data from WDSuite. For investors, this combination points to a market that can sustain professional management and operational execution.
Schools in the area average around mid-range performance (above the national median on WDSuite’s scale), which, together with strong amenity density and an Urban Core setting, helps support family and young professional renter cohorts. The average construction year in the neighborhood is older than 1160 Ruberta Ave’s 1985 vintage; being newer than much of the local stock can help competitiveness, though planning for modernization of systems and common areas may unlock additional value.
Demographic statistics are aggregated within a 3-mile radius: households have increased in recent years and are projected to expand further even as average household size trends lower, implying more households drawing on roughly the same population. That pattern generally expands the renter pool and supports occupancy, though lease management should account for varying affordability thresholds across income bands. Elevated home values in the area—high relative to national norms—create a high-cost ownership market that tends to sustain reliance on multifamily rentals, reinforcing depth of demand.
Comparable, current neighborhood-level crime metrics are not available in WDSuite for this location. Investors typically benchmark safety using multiple sources at the neighborhood and city levels and track trend direction over time rather than block-level snapshots. Consider supplementing this analysis with local law enforcement reports and municipal data to contextualize leasing and retention assumptions.
Proximity to major media and corporate offices underpins a strong commuter tenant base and supports retention for workforce and professional renters. Nearby anchors include Avery Dennison, Disney, Radio Disney, Charter Communications, and Live Nation Entertainment.
- Avery Dennison — corporate offices (1.9 miles) — HQ
- Disney — corporate offices (2.5 miles) — HQ
- Radio Disney — corporate offices (3.5 miles)
- Charter Communications — corporate offices (4.0 miles)
- Live Nation Entertainment — corporate offices (5.9 miles)
1160 Ruberta Ave is a 30-unit, 1985-vintage asset in Glendale’s Urban Core, positioned amid top-quartile metro amenities and a neighborhood with a high share of renter-occupied housing. Being newer than the area’s average vintage supports competitive positioning versus older stock; targeted renovations and systems updates can further strengthen leasing and rent growth prospects. Elevated ownership costs locally tend to keep renters in the multifamily market, and neighborhood-level NOI per unit trends are strong compared with national benchmarks, based on CRE market data from WDSuite.
Within a 3-mile radius, households have grown and are projected to increase further as average household size declines—an investor-relevant signal of a larger tenant base even with relatively flat population trends. Nearby employment anchors in media and corporate services contribute to steady demand, while prudent lease management should account for higher rent-to-income ratios typical of this high-cost ownership market.
- Urban Core location with top-quartile amenities and strong renter concentration supporting occupancy stability
- 1985 vintage is newer than much of the neighborhood stock, with value-add potential via targeted modernization
- High-cost ownership market reinforces multifamily demand and can support pricing power with professional management
- 3-mile household growth and projected expansion indicate a larger renter pool despite stable population levels
- Risks: elevated rent-to-income ratios and exposure to entertainment/media employment cycles require careful lease and revenue management