| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 80th | Best |
| Demographics | 60th | Good |
| Amenities | 32nd | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 8614 Woodley Ave, North Hills, CA, 91343, US |
| Region / Metro | North Hills |
| Year of Construction | 1980 |
| Units | 64 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
8614 Woodley Ave North Hills Multifamily Investment
Neighborhood occupancy is high and renter demand is supported by strong incomes and home values, according to WDSuite’s CRE market data. Expect stable leasing dynamics relative to the Los Angeles metro with room for targeted operational execution.
This Inner Suburb pocket of North Hills carries a B- neighborhood rating and demonstrates durable rental performance. Neighborhood occupancy measures in the upper tier nationally, supporting steady collections and limited downtime between turns (measured for the neighborhood, not this property). Within a 3-mile radius, households have inched higher even as population edged down, indicating smaller household sizes and a renter pool that can support multifamily absorption.
Tenure data within a 3-mile radius shows an estimated majority of housing units are renter-occupied, pointing to a deep tenant base and demand stability for mid-size assets. Median rent levels in the neighborhood sit in the top national tier, while the rent-to-income ratio trends on the lower side versus national norms, which can aid retention and reduce affordability pressure in lease management.
Local dynamics are mixed but investable. Restaurant density ranks high nationally, offering everyday convenience, while grocery, cafe, park, and pharmacy counts are limited inside the immediate neighborhood footprint—factors to consider for marketing and resident experience. Neighborhood construction skew is similar to broader Los Angeles patterns, keeping competitive standards centered on functional renovations and operational quality rather than new-build differentiation. Average school ratings are not available in this dataset; investors should underwrite schools via local diligence if targeting family renters.
Home values in the neighborhood rank in the top national percentiles, typical for Los Angeles County, which tends to reinforce renter reliance on multifamily housing and supports pricing power when paired with income strength. Household incomes rank well above national medians, and the neighborhood’s overall profile compares above mid-pack within the metro, according to WDSuite’s commercial real estate analysis.
Safety indicators point to improving conditions with comparatively favorable violent-offense metrics. On a national basis, the neighborhood’s recent violent-offense rate trends in the top quartile for safer outcomes, and property-offense indicators sit above national averages for safety. One-year trend data shows notable declines in both violent and property offenses, suggesting momentum in the right direction. These figures are neighborhood-level signals, not property-specific.
Within the Los Angeles-Long Beach-Glendale metro’s 1,441 neighborhoods, comparative ranks vary by category and timeframe; investors should treat the area as broadly comparable to many Los Angeles inner-suburban locations while noting the positive year-over-year directionality. Standard underwriting steps—such as time-of-day site visits and review of recent reports—are recommended to validate on-the-ground conditions.
Proximity to life sciences, insurance, telecom, and media employers supports a diversified renter base and commute convenience that can bolster retention and leasing. Nearby anchors include Thermo Fisher Scientific, Farmers Insurance, Charter Communications, Radio Disney, and Disney.
- Thermo Fisher Scientific — life sciences (7.1 miles)
- Farmers Insurance Exchange — insurance (7.3 miles) — HQ
- Charter Communications — telecom (8.3 miles)
- Radio Disney — media (9.7 miles)
- Disney — entertainment (10.4 miles) — HQ
8614 Woodley Ave is a mid-sized multifamily asset in North Hills, Los Angeles County, positioned in a neighborhood with high occupancy and strong income and home-value fundamentals. According to CRE market data from WDSuite, neighborhood occupancy is elevated versus national norms, and rent levels rank in the upper national percentiles, supporting revenue durability when paired with disciplined renewals. Within a 3-mile radius, household counts are trending higher even as population edges down, a pattern consistent with smaller household sizes that can expand the renter pool and support steady absorption.
The ownership landscape skews high-cost, which typically sustains renter reliance on multifamily units and can reinforce pricing power when operations and finish levels are competitive. Amenity access is mixed—restaurants are abundant, while grocery, cafes, parks, and pharmacies are sparser—so resident-experience programming and convenience services may differentiate the asset. Safety trends show improvement with nationally strong violent-offense positioning; standard diligence remains prudent.
- High neighborhood occupancy supports stable collections and reduced downtime
- Strong incomes and elevated home values reinforce sustained rental demand
- 3-mile household growth amid smaller household sizes expands the renter base
- Mixed amenity access creates opportunity for on-site service and experience upgrades
- Risk: amenity gaps and variable safety signals warrant localized underwriting and tenant-experience focus