| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 83rd | Best |
| Demographics | 68th | Good |
| Amenities | 65th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 11162 Camarillo St, North Hollywood, CA, 91602, US |
| Region / Metro | North Hollywood |
| Year of Construction | 1984 |
| Units | 36 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
11162 Camarillo St North Hollywood Multifamily Investment
Urban-core positioning with a deep renter base and dense amenities supports leasing durability, according to WDSuite’s CRE market data, even as occupancy trends run closer to metro mid-range.
Located in North Hollywood’s Urban Core, the property benefits from a highly amenitized environment. Neighborhood dining and cafe density sits in the top quartile nationally, with grocery and pharmacy access also strong, which supports day-to-day convenience and renter retention compared with many Los Angeles-Long Beach-Glendale metro neighborhoods.
The neighborhood rates A- overall and is competitive among Los Angeles-Long Beach-Glendale neighborhoods (ranked 279 of 1,441). Renter-occupied housing is prevalent (neighborhood metric indicates a high renter concentration), which points to a deep tenant pool for multifamily assets. By contrast, the neighborhood’s occupancy trend is below the metro median (ranked 1,242 of 1,441), suggesting leasing strategies should emphasize product differentiation and amenity appeal to maintain stability.
Within a 3-mile radius, demographics show stable household counts and an outlook for population growth alongside a projected increase in households, expanding the renter pool over the next five years. Smaller average household sizes are expected, which generally supports demand for multifamily units and can aid occupancy stability as more renters enter the market.
Ownership costs are elevated relative to incomes in this area, reinforcing renter reliance on multifamily housing and potentially supporting pricing power while requiring attention to rent-to-income affordability in lease management. School ratings in the neighborhood index below national averages and nearby park and childcare density are limited, factors that may matter for family-oriented renters; however, the strong amenity spine and employment access remain positives for core renter demand.
Safety indicators compare favorably against many areas nationally and are competitive among Los Angeles-Long Beach-Glendale neighborhoods (crime rank 440 of 1,441; national safety percentile roughly upper-third). Recent data also point to notable year-over-year declines in both violent and property offense estimates in the neighborhood. While block-level conditions can vary and on-site diligence is essential, the broader trend provides a constructive backdrop for multifamily operations.
Proximity to major media and telecom employers underpins commuter convenience and supports renter demand, including Radio Disney, Disney, Charter Communications, Live Nation Entertainment, and Activision Blizzard Studios.
- Radio Disney — media & entertainment offices (1.9 miles)
- Disney — media & entertainment (2.8 miles) — HQ
- Charter Communications — telecom (3.4 miles)
- Live Nation Entertainment — media & entertainment HQ (5.9 miles) — HQ
- Activision Blizzard Studios — media & entertainment (6.4 miles)
This 36-unit asset sits in an amenity-rich North Hollywood pocket with a high concentration of renter-occupied housing and access to major employment centers. According to CRE market data from WDSuite, neighborhood fundamentals signal durable renter demand and strong per-unit NOI tendencies, while occupancy trends track below the metro median—making property-level execution and amenity positioning important for leasing stability.
Looking forward, 3-mile demographics indicate an increase in households and a gradual renter pool expansion, which can support absorption and retention. Elevated ownership costs relative to income sustain reliance on rental housing; operators should balance pricing power with affordability management to support renewals.
- Dense amenity and transit-friendly setting that supports day-to-day renter convenience and retention.
- High neighborhood renter concentration indicates a deep tenant base for multifamily demand.
- 3-mile outlook shows household growth, supporting absorption and occupancy stability.
- Elevated ownership costs bolster rental reliance, with potential for disciplined pricing power.
- Risks: occupancy trends below metro median and lower school ratings; prioritize product differentiation, amenity upgrades, and lease management to sustain performance.