| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 85th | Best |
| Demographics | 76th | Best |
| Amenities | 79th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 11130 Acama St, North Hollywood, CA, 91602, US |
| Region / Metro | North Hollywood |
| Year of Construction | 1983 |
| Units | 27 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
11130 Acama St North Hollywood Multifamily Investment
Situated in an Urban Core pocket of North Hollywood with a deep renter base and solid neighborhood occupancy, this asset benefits from consistent leasing drivers and proximity to daily conveniences, according to WDSuite’s CRE market data.
North Hollywood’s Urban Core setting offers strong daily-life convenience for residents. Amenity access is competitive among the 1,441 Los Angeles-Long Beach-Glendale neighborhoods, with grocery stores, pharmacies, parks, and restaurants ranking in the upper tiers nationally (groceries and restaurants each near the top decile). This concentration supports lease retention and reduces friction during turns.
From an income and rent context, neighborhood median contract rents trend in the upper national percentiles while occupancy sits above the metro median, signaling durable demand rather than transient spikes. NOI per unit performance is also in the upper national quartiles, suggesting landlords in this area have historically maintained pricing power relative to operating costs.
Tenure dynamics are favorable for multifamily: the neighborhood shows a high share of renter-occupied units, indicating a broad tenant pool and depth for renewals and backfill. Within a 3-mile radius, incomes have trended higher over the last five years and are projected to continue growing, which helps support rent levels and reduces concession risk as new leases roll.
Demographic patterns within a 3-mile radius point to a modest near-term stabilization from recent softness and a projected increase in both population and households over the next five years. A rising household count alongside slightly smaller household sizes typically expands the renter pool, supporting occupancy stability and incremental absorption.
Home values in this neighborhood benchmark well above national norms and the ownership market skews high cost relative to incomes. For multifamily investors, that context generally sustains reliance on rental housing and supports pricing power, though lease management should account for affordability pressure in certain cohorts.
Safety indicators are competitive among the 1,441 Los Angeles-Long Beach-Glendale neighborhoods, with the area trending above national averages overall. Based on WDSuite’s data, the neighborhood sits around the top quartile nationally for overall crime comparisons, while violent and property offense metrics align closer to mid-to-upper national tiers.
Recent year-over-year trends show meaningful improvement in both violent and property offense estimates, which supports resident retention and leasing confidence. As always, investors should evaluate property-level controls and block-level context, but market data indicates directionally improving conditions relative to broader benchmarks.
The nearby employment base is anchored by media, entertainment, telecom, and engineering firms, providing commute convenience that supports workforce housing demand and lease stability. Employers include Radio Disney, Disney, Charter Communications, Activision Blizzard Studios, and AECOM.
- Radio Disney — media & entertainment (1.9 miles)
- Disney — media & entertainment (2.8 miles) — HQ
- Charter Communications — telecom (4.0 miles)
- Activision Blizzard Studios — video game production (5.6 miles)
- AECOM — engineering & infrastructure (6.5 miles) — HQ
This North Hollywood asset is positioned in a renter-heavy Urban Core neighborhood with competitive amenity access and consistent occupancy, supporting steady cash flow potential. High home values relative to incomes reinforce reliance on multifamily housing, while neighborhood rents and NOI per unit track in the upper national tiers. According to CRE market data from WDSuite, the area’s fundamentals compare favorably against national benchmarks, aided by strong proximity to daily needs and major employment nodes.
Within a 3-mile radius, projections call for growth in both population and households, expanding the tenant base and supporting occupancy stability. Key considerations include mid-range school ratings and pockets of affordability pressure, which argue for attentive lease management and targeted unit positioning rather than aggressive across-the-board premiums. Overall, the combination of entrenched renter demand, improving safety trends, and a diversified nearby employment base underpins a durable long-term thesis.
- Renter-heavy neighborhood supports deep tenant pool and renewal prospects
- Amenity-rich Urban Core location with strong national rankings for groceries, restaurants, and services
- Upper-tier neighborhood rents and NOI per unit indicate durable pricing power
- 3-mile radius outlook shows household and population growth, supporting future absorption
- Risks: mid-range school ratings and affordability pressure require thoughtful lease and upgrade strategies