| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 74th | Fair |
| Demographics | 41st | Fair |
| Amenities | 80th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 11760 Hamlin St, N Hollywood, CA, 91606, US |
| Region / Metro | N Hollywood |
| Year of Construction | 1992 |
| Units | 30 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
11760 Hamlin St N Hollywood 30-Unit Multifamily Investment
1992 construction positions the asset competitively versus older local stock, and a high renter-occupied share in the neighborhood suggests a durable tenant base, according to WDSuite’s CRE market data.
Situated in North Hollywood’s Urban Core, the property benefits from a neighborhood rated B+ with amenity density that is top quartile nationally. Cafes, restaurants, pharmacies, and childcare are abundant, supporting daily convenience and strengthening leasing appeal; grocery access is also solid for an infill Los Angeles location. Park space within the immediate neighborhood is limited, so outdoor access may rely more on regional amenities than on walkable parks.
The area’s housing stock skews older (average 1965), making a 1992 asset relatively competitive on finishes and systems while still leaving room for targeted modernization to drive rent premiums. Neighborhood occupancy is around 90% and has eased over the past five years, which points to the importance of active leasing and renewal strategies to sustain performance through cycles.
Renter-occupied housing accounts for a high share of neighborhood units (above the metro median and high nationally), indicating depth in the multifamily demand pool. Elevated home values and a very high value-to-income ratio signal a high-cost ownership market, which tends to sustain rental demand and support pricing power; at the same time, a relatively high rent-to-income burden for renters warrants careful revenue management to balance growth with retention.
Within a 3-mile radius, demographics show modest population softness in recent history but projections indicate population and household growth ahead, with smaller average household sizes. This mix points to a gradual renter pool expansion and supports occupancy stability over a longer horizon. These neighborhood insights reflect broader Los Angeles trends and are grounded in WDSuite’s commercial real estate analysis.
Safety indicators compare favorably to many neighborhoods nationwide, with overall crime levels in the top quartile nationally. Within the Los Angeles metro, the neighborhood ranks competitive among 1,441 neighborhoods, suggesting comparatively better conditions than many peer urban areas.
Recent trend data shows sharp year-over-year declines in both property and violent offense rates, which is a constructive signal for investor risk assessment. Even so, offense rates around national midranges warrant continued attention to security measures and lighting, along with routine monitoring of local trends rather than block-level assumptions.
Proximity to major entertainment and corporate employers underpins renter demand through commute convenience and a diversified white-collar workforce. Nearby anchors include Charter Communications, Radio Disney, Disney, Live Nation Entertainment, and Avery Dennison.
- Charter Communications — telecommunications (2.7 miles)
- Radio Disney — media (3.7 miles)
- Disney — entertainment (4.3 miles) — HQ
- Live Nation Entertainment — entertainment (6.6 miles)
- Avery Dennison — materials & packaging (7.9 miles) — HQ
Built in 1992, this 30-unit asset is newer than much of the surrounding housing stock, offering relative competitiveness versus older properties while still presenting value-add opportunities through modernization. The neighborhood’s high renter-occupied share and strong amenity density support demand, while the high-cost ownership landscape in Los Angeles tends to reinforce reliance on multifamily housing. According to CRE market data from WDSuite, neighborhood occupancy hovers near 90% and has trended softer in recent years, emphasizing the need for disciplined leasing and renewal strategies.
Within a 3-mile radius, forward-looking data points to population growth and a notable increase in households alongside smaller average household sizes — indicators of incremental renter pool expansion that can support occupancy stability. Investors should balance these tailwinds with practical risk management around rent-to-income pressures and below-average school ratings, while leveraging nearby corporate employment to bolster leasing and retention.
- 1992 vintage offers competitive positioning versus older stock with targeted renovation upside
- High renter-occupied share indicates deep tenant base and resilient multifamily demand
- Amenity-rich Urban Core location supports leasing velocity and retention
- Nearby entertainment and corporate employers underpin steady commuter demand
- Risks: softer recent occupancy trends, renter affordability pressures, and below-average school ratings