| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 85th | Best |
| Demographics | 76th | Best |
| Amenities | 79th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 10845 Camarillo St, North Hollywood, CA, 91602, US |
| Region / Metro | North Hollywood |
| Year of Construction | 1986 |
| Units | 22 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
10845 Camarillo St North Hollywood Multifamily Investment
Positioned in an Urban Core pocket with steady renter demand and solid neighborhood occupancy, this 22-unit asset offers income durability supported by elevated ownership costs and proximity to major employment nodes, according to WDSuite’s CRE market data.
North Hollywood's Urban Core setting supports renter appeal through density and daily conveniences. The neighborhood ranks 104 out of 1,441 Los Angeles metro neighborhoods, placing it in the top quartile locally on overall fundamentals. Amenity access is a strength—grocers, pharmacies, restaurants, and cafes all index well above national medians—which helps with leasing and retention for workforce and professional tenants.
Neighborhood occupancy is healthy and has been broadly stable in recent years, and roughly three-quarters of housing units are renter-occupied—a high renter concentration that deepens the tenant base and supports ongoing leasing velocity. Elevated home values compared with national norms tilt households toward renting, which can reinforce pricing power while requiring attentive lease management where rent-to-income is higher.
Livability drivers are mixed but serviceable for multifamily: average school ratings trend around the middle of national peers, while walkable access to groceries and dining tests in the mid-90s national percentiles. For investors, this combination typically translates into consistent interest from singles and smaller households that prioritize convenience and commute times.
The property's 1986 vintage is slightly newer than the neighborhood's average stock (early 1980s), suggesting relative competitiveness versus older buildings; however, investors should still underwrite ongoing systems updates and modernization to maintain positioning. Within a 3-mile radius, household counts are projected to increase alongside a decline in average household size, indicating a larger pool of renters and demand for smaller layouts—an insight supported by commercial real estate analysis from WDSuite.
Safety indicators for the neighborhood are comparatively favorable versus many U.S. areas and competitive within Los Angeles. Overall crime levels benchmark around the 76th national percentile (safer than a majority of neighborhoods nationwide), and the area's recent year-over-year trend shows marked improvement, with both violent and property offense rates moving lower according to WDSuite's data.
At the metro scale, the neighborhood's crime rank sits in the stronger cohort (357 out of 1,441 Los Angeles neighborhoods), reinforcing a stability narrative without implying block-level outcomes. Investors can view the trend trajectory as supportive of renter retention while still planning common-sense security and lighting upgrades typical for Urban Core assets.
Nearby media and corporate offices provide a diversified white-collar employment base that supports renter demand and short commutes. The employers below represent key drivers within entertainment and communications concentrated within an 8-mile radius.
- Radio Disney — entertainment media offices (1.5 miles)
- Disney — entertainment studios (2.4 miles) — HQ
- Charter Communications — telecommunications (3.2 miles)
- Live Nation Entertainment — entertainment & venues (4.1 miles)
- Avery Dennison — materials & labeling (6.3 miles) — HQ
10845 Camarillo St offers a balanced risk/return profile grounded in strong neighborhood fundamentals: high renter concentration, healthy occupancy, and amenity density that supports leasing. The 1986 construction is slightly newer than the area's early-1980s average, positioning the asset competitively versus older stock while still warranting targeted capex for building systems and unit modernization. Elevated for-sale housing costs in the neighborhood sustain reliance on multifamily, supporting rent growth and occupancy stability, according to CRE market data from WDSuite.
Within a 3-mile radius, projections indicate growth in households alongside smaller household sizes, pointing to renter pool expansion and demand for efficient, mid-size layouts. School ratings are middling and rent-to-income is comparatively elevated, so asset plans should emphasize retention, renewals, and value-focused upgrades to manage affordability pressure without overextending.
- Urban Core location with strong amenity access supports leasing and renewals
- High renter concentration and solid neighborhood occupancy underpin demand
- 1986 vintage offers competitive positioning with value-add potential via modernization
- Household growth and smaller household sizes expand the local renter pool while favoring efficient layouts
- Risks: middling school ratings and affordability pressure require thoughtful lease management