| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 85th | Best |
| Demographics | 76th | Best |
| Amenities | 79th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 11105 Acama St, North Hollywood, CA, 91602, US |
| Region / Metro | North Hollywood |
| Year of Construction | 1976 |
| Units | 25 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
11105 Acama St North Hollywood Multifamily Value-Add
Positioned in an Urban Core pocket with strong renter demand, the surrounding neighborhood shows above-median occupancy and deep renter concentration, according to WDSuite’s CRE market data. Investors can underwrite steady leasing supported by high-cost homeownership in Los Angeles while planning targeted upgrades to improve competitiveness.
The property sits in an A-rated Urban Core neighborhood that is competitive among Los Angeles-Long Beach-Glendale neighborhoods (ranked 104 of 1,441). Local retail and daily-needs access are a strength: grocery, restaurant, park, and pharmacy density all trend in the top quartile nationally, indicating walkable convenience and lifestyle appeal that help support tenant retention.
Renter concentration in the neighborhood is high (renter-occupied share near the top of the metro distribution), signaling a deep tenant base for multifamily. Neighborhood occupancy is above the national median, which supports underwriting for stabilized operations, though investors should still plan for normal leasing friction and seasonality.
Home values in the neighborhood are elevated versus national norms, reinforcing reliance on multifamily housing and supporting pricing power when paired with disciplined lease management. Median rents are also high relative to the U.S.; affordability pressure should be considered in renewal strategies and amenity positioning to sustain lease retention.
Within a 3-mile radius, demographics show a high-earning renter pool today and forecasts point to household growth with smaller average household sizes over the next five years—conditions that typically expand the tenant base for studio and one-bedroom product. While childcare options are relatively limited in the immediate area, café and entertainment density is strong, aligning with demand from younger professionals. These dynamics, based on commercial real estate analysis from WDSuite, indicate durable renter demand balanced by thoughtful affordability positioning.
Safety trends in the surrounding neighborhood compare favorably at the national level, with overall conditions in the top quartile nationwide. Recent year-over-year estimates indicate notable declines in both violent and property offense rates, pointing to improving momentum rather than a one-off shift. As with any Urban Core location in Los Angeles-Long Beach-Glendale, conditions can vary by block and time of day, so investors should align security measures and resident communications with on-the-ground operations.
Proximity to major entertainment and media employers supports workforce housing demand and commute convenience for residents, including Radio Disney, Disney, Live Nation Entertainment, Charter Communications, and Live Nation Entertainment’s headquarters.
- Radio Disney — entertainment (1.8 miles)
- Disney — entertainment (2.8 miles) — HQ
- Live Nation Entertainment — entertainment (3.5 miles)
- Charter Communications — telecommunications (4.0 miles)
- Live Nation Entertainment — entertainment (5.2 miles) — HQ
11105 Acama St is a 25-unit asset built in 1976, offering a practical value-add story in a high-demand, high-cost ownership market. The surrounding neighborhood shows above-median occupancy and a renter-occupied housing share near the top of the metro distribution, supporting depth of tenant demand. Elevated home values in the area reduce direct competition from entry-level ownership, while smaller household sizes within 3 miles align with the property’s average unit size.
Based on CRE market data from WDSuite, amenities, food-and-beverage density, and proximity to major entertainment employers underpin leasing resilience. The asset’s older vintage suggests targeted capital planning—kitchen/bath updates, energy and systems modernization, and curb appeal—to enhance competitiveness against newer stock while managing affordability pressure that can influence renewal decisions.
- High renter concentration and above-median neighborhood occupancy support steady leasing
- Elevated ownership costs in the area reinforce multifamily demand and pricing power
- 1976 vintage presents value-add potential via interior and systems upgrades
- Amenity-rich Urban Core location near major entertainment employers aids retention
- Risks: affordability pressure and competitive deliveries require disciplined leasing and CapEx execution