| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 78th | Good |
| Demographics | 55th | Good |
| Amenities | 95th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 525 N Kenwood St, Glendale, CA, 91206, US |
| Region / Metro | Glendale |
| Year of Construction | 1973 |
| Units | 24 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
525 N Kenwood St Glendale Multifamily Investment
Renter concentration is high in the surrounding neighborhood, supporting depth of tenant demand even as occupancy trends have softened, according to WDSuite’s CRE market data. Elevated ownership costs locally further reinforce reliance on rental housing, aiding pricing power with disciplined lease management.
Located in Glendale’s Urban Core, the property benefits from a neighborhood that ranks 175 out of 1,441 Los Angeles-Long Beach-Glendale metro neighborhoods, signaling a competitive position within the region. Amenity access is a differentiator: neighborhood amenities rank 66 out of 1,441 (top cohort locally) with national amenity measures in the mid-90s percentiles, indicating strong daily convenience for residents, based on CRE market data from WDSuite.
The area’s renter-occupied share is high at the neighborhood level (71.2% renter concentration; 97th percentile nationally), indicating a deep tenant base and sustained multifamily demand. Neighborhood occupancy sits below the national midpoint and has trended lower over five years, suggesting the need for active leasing and renewals to maintain stability; operators who emphasize retention and unit-level differentiation typically compete better in these conditions.
Within a 3-mile radius, demographics show modest population contraction alongside a slight increase in household counts and smaller average household sizes. This mix points to a more diverse renter pool and steady in-migration between life stages, which can support occupancy and absorption for well-positioned assets.
Home values are elevated relative to incomes (high national percentile for value-to-income), creating a high-cost ownership market that tends to sustain demand for professionally managed rentals. At the same time, a higher rent-to-income ratio in the neighborhood implies affordability pressure for some renters, making thoughtful pricing, unit upgrades, and effective lease management important for retention.
The asset’s 1973 construction is slightly older than the neighborhood average vintage. Investors should underwrite for targeted capital improvements—especially building systems and interior modernization—to capture value-add upside and enhance competitive positioning against newer or recently renovated stock.
Comparable neighborhood crime figures are not available in WDSuite’s dataset for this location. Investors should review recent city and police department publications and compare trends to adjacent Glendale and Los Angeles-Long Beach-Glendale metro neighborhoods to contextualize safety alongside leasing and retention assumptions.
Proximity to major corporate offices supports a steady commuter renter base and enhances leasing resilience, particularly for workforce and professional tenants tied to media, communications, and manufacturing. Key nearby employers include Avery Dennison, Disney, Radio Disney, Charter Communications, and Live Nation Entertainment.
- Avery Dennison — manufacturing & materials (0.36 miles) — HQ
- Disney — entertainment & media (4.21 miles) — HQ
- Radio Disney — media (5.16 miles)
- Charter Communications — telecommunications (6.19 miles)
- Live Nation Entertainment — entertainment offices (6.40 miles)
This 24-unit 1973 asset in Glendale’s Urban Core is positioned near top-tier amenities and a deep renter base. Neighborhood amenity access ranks 66 out of 1,441 metro neighborhoods and national amenity percentiles are high, which can support absorption and retention. According to CRE market data from WDSuite, neighborhood occupancy has softened versus five years ago, so returns will rely on operational focus—renewal strategy, unit-level upgrades, and targeted marketing—to sustain stabilized performance.
Within a 3-mile radius, household counts are increasing even as population edges lower, resulting in smaller household sizes and a more varied renter pool—conditions that can support leasing velocity for well-maintained units. Elevated home values relative to incomes reinforce reliance on rental housing, while a higher rent-to-income ratio suggests careful rent setting and value-add execution to balance pricing power with retention risk.
- Amenity-rich Urban Core location with competitive standing among 1,441 metro neighborhoods, supporting daily convenience and leasing appeal.
- High neighborhood renter concentration (deep tenant base) that underpins demand for professionally managed multifamily.
- 1973 vintage offers value-add potential via systems upgrades and interior modernization relative to newer or renovated comps.
- Elevated ownership costs in the area support rental reliance, aiding pricing power for well-positioned units.
- Risk: Neighborhood occupancy is below national levels and affordability pressure is present; plan for disciplined leasing, renewal incentives, and differentiated finishes.