| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 85th | Best |
| Demographics | 76th | Best |
| Amenities | 79th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 10926 Huston St, North Hollywood, CA, 91601, US |
| Region / Metro | North Hollywood |
| Year of Construction | 1986 |
| Units | 24 |
| Transaction Date | 1993-11-19 |
| Transaction Price | $1,215,000 |
| Buyer | LANGDON JOHN |
| Seller | GLENDALE FEDERAL BANK FSB |
10926 Huston St North Hollywood Multifamily Investment
Neighborhood data points to a deep renter base and resilient occupancy in North Hollywood, based on CRE market data from WDSuite. With renter-occupied housing prominent at the neighborhood level rather than the property specifically, the asset aligns with durable demand drivers.
This Urban Core location ranks in the top quartile among 1,441 Los Angeles-Long Beach-Glendale neighborhoods (A-rated overall), signaling competitive fundamentals for multifamily investors. The property’s 1986 vintage is slightly newer than the neighborhood’s 1982 average, supporting relative competitiveness versus older stock while leaving room for targeted modernization to improve operating efficiency and appeal.
Livability indicators are favorable: access to groceries, pharmacies, restaurants, and cafes scores well above national norms, reinforcing day-to-day convenience that can aid leasing and retention. Average school ratings sit near the national midpoint, adequate for broad renter appeal but unlikely to be a primary demand catalyst.
At the neighborhood scale, occupancy trends above national norms and renter-occupied share is high, indicating a sizable tenant base and support for leasing stability. Elevated home values and a high value-to-income profile signal a high-cost ownership market, which typically sustains reliance on multifamily housing and can support pricing power when managed against local affordability signals.
Within a 3-mile radius, demographics indicate a growing renter pool over the next five years, with households and families projected to increase and incomes trending higher. These dynamics expand the prospective tenant base and support occupancy and rent management strategies, provided operators monitor affordability pressure and concession risk.
Compared with the Los Angeles metro, the neighborhood’s safety profile sits above average (top quartile among 1,441 neighborhoods). Nationally, violent-offense exposure trends better than the midpoint, while property-offense exposure aligns closer to national averages.
Recent trends are improving: the area ranks near the top nationally for year-over-year reductions in both violent and property offenses. Investors should still underwrite to corridor-level variation and maintain standard best practices around lighting, access control, and visibility typical for Urban Core assets.
A concentration of media and corporate employers nearby supports renter demand through commute convenience and diversified job exposure. Key organizations include Radio Disney, Disney, Charter Communications, Live Nation Entertainment, and Avery Dennison.
- Radio Disney — media & entertainment offices (1.6 miles)
- Disney — media & entertainment (2.5 miles) — HQ
- Charter Communications — telecommunications (3.1 miles)
- Live Nation Entertainment — entertainment offices (4.3 miles)
- Avery Dennison — materials & labeling (6.4 miles) — HQ
10926 Huston St offers scale at 24 units in a top-quartile North Hollywood location with strong amenity access and a deep renter base. Neighborhood occupancy trends above national norms and renter concentration is high, supporting demand depth and leasing stability. The high-cost ownership landscape in this part of Los Angeles further reinforces multifamily reliance, while neighborhood NOI per unit levels are competitive nationally. According to CRE market data from WDSuite, these dynamics align with the area’s A-rated neighborhood profile.
Built in 1986, the asset is slightly newer than the local average—supporting competitive positioning versus older stock—yet still a candidate for targeted modernization (common areas, energy systems, unit finishes) to unlock value-add upside. Within a 3-mile radius, population and households are projected to grow with rising incomes, expanding the prospective tenant base and supporting occupancy stability and rent management, balanced against local affordability pressure.
- Top-quartile Urban Core location with above-national occupancy and strong amenity access
- Deep neighborhood renter base and high-cost ownership context support sustained rental demand
- 1986 vintage provides competitive positioning with clear value-add modernization pathways
- 3-mile demographics point to growth in households and incomes, supporting leasing stability
- Watchouts: local affordability pressure (rent-to-income) and average school ratings warrant proactive lease management