| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 82nd | Best |
| Demographics | 39th | Fair |
| Amenities | 62nd | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 6835 Laurel Canyon Blvd, N Hollywood, CA, 91605, US |
| Region / Metro | N Hollywood |
| Year of Construction | 1986 |
| Units | 50 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
6835 Laurel Canyon Blvd, N Hollywood Multifamily Investment
Neighborhood occupancy is strong and renter demand is deep, according to WDSuite s CRE market data, positioning this asset for stable leasing in a high-cost ownership market.
Located in North Hollywood s Urban Core, the property sits in a renter-driven neighborhood where an estimated 71.5% of housing units are renter-occupied. For investors, that renter concentration indicates a large tenant base and supports demand depth for multifamily. Neighborhood occupancy is competitive among Los Angeles-Long Beach-Glendale neighborhoods and in the top quartile nationally, per commercial real estate analysis from WDSuite.
Daily needs are well served: grocery access ranks competitive among 1,441 metro neighborhoods and sits at a very high national percentile, while restaurant density is also strong. Parks availability trends above national averages. By contrast, the area shows limited cafes and pharmacies, suggesting residents rely on nearby districts for some conveniences a minor consideration for leasing narratives rather than a structural demand risk.
Vintage context matters: the submarket s average construction year is 1976. This property s 1986 vintage is newer than the neighborhood norm, typically aiding competitiveness versus older stock; still, planning for system modernization and selective renovations can help sustain rentability against newer deliveries.
Within a 3-mile radius, demographics indicate a broad working-age population and a projected increase in households by the next five-year window, which points to a larger tenant base over time. Median home values in the neighborhood are elevated relative to incomes, a high-cost ownership backdrop that tends to reinforce reliance on rental housing and can support occupancy stability for professionally managed multifamily.
School ratings track below national medians, which may matter for family-oriented units, but the area s amenity access and job proximity remain consistent drivers for workforce and young professional renters across the Los Angeles metro.
Safety indicators compare favorably: the neighborhood s overall crime standing is competitive among Los Angeles-Long Beach-Glendale neighborhoods (measured against 1,441 neighborhoods) and sits in the top quartile nationally, according to WDSuite. Recent year-over-year trends show notable declines in both property and violent offense estimates, signaling improvement versus prior periods rather than a guarantee of future conditions.
As with any urban core location, conditions can vary block to block and over time. Investors should view the positive directional trend and relative standing as supportive of leasing and retention, while continuing standard diligence on property-level security and lighting.
Proximity to major media, entertainment, and corporate offices supports a steady commuter renter base, with short drives to Charter Communications, Radio Disney, Disney, Live Nation Entertainment, and Avery Dennison.
- Charter Communications telecommunications (3.0 miles)
- Radio Disney media (4.3 miles)
- Disney entertainment studios (4.9 miles) HQ
- Live Nation Entertainment entertainment offices (7.1 miles)
- Avery Dennison materials & packaging (8.4 miles) HQ
6835 Laurel Canyon Blvd offers scale at 50 units in a renter-heavy North Hollywood location where neighborhood occupancy trends are competitive within the Los Angeles metro and top quartile nationally. Elevated home values and a high value-to-income backdrop reinforce reliance on rentals, supporting tenant demand and lease-up durability. The 1986 vintage is newer than the neighborhood s average stock, implying competitive positioning versus older assets while still warranting targeted system upgrades and common-area refreshes over a hold period.
Within a 3-mile radius, projections point to growth in households and rising incomes, expanding the renter pool and aiding occupancy stability. According to CRE market data from WDSuite, amenity access is anchored by strong grocery and dining density, and nearby employment centers in media and corporate services help sustain weekday traffic and lease retention. Key watch items include rent-to-income pressure and uneven school quality, which call for attentive lease management and product/amenity alignment.
- Renter-heavy neighborhood with competitive occupancy supports stable leasing
- 1986 vintage newer than local average, with value-add via targeted modernization
- High-cost ownership market reinforces rental demand and retention
- Strong grocery/restaurant access and proximity to major employers bolster demand
- Risk: rent-to-income pressure and school ratings below national median may affect pricing power