| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 72nd | Fair |
| Demographics | 30th | Poor |
| Amenities | 64th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 11752 Saticoy St, North Hollywood, CA, 91605, US |
| Region / Metro | North Hollywood |
| Year of Construction | 1979 |
| Units | 35 |
| Transaction Date | 2005-05-22 |
| Transaction Price | $3,675,000 |
| Buyer | SUNRISE ISAACSON LLC |
| Seller | SATICOY APARTMENTS INC |
11752 Saticoy St North Hollywood Multifamily Position
Neighborhood occupancy is robust and renter demand is deep, according to WDSuite’s CRE market data, pointing to stable cash flow potential in a renter-heavy pocket of North Hollywood.
Located in North Hollywood’s Urban Core, the property sits in a neighborhood rated C+ with amenity access that is competitive among the 1,441 Los Angeles–area neighborhoods (amenities rank 455 of 1,441; 64th percentile nationally). Dense clusters of restaurants, cafes, groceries, and pharmacies support daily convenience and bolster renter appeal, while limited park and childcare options suggest residents rely more on private or nearby district amenities.
Occupancy in the neighborhood is in the top quartile nationally (97.1%), and the renter-occupied share is exceptionally high at 84.4% (99th percentile nationally). For investors, that combination signals a large tenant base and supports leasing durability across cycles, based on CRE market data from WDSuite.
The building’s 1979 vintage is newer than the neighborhood’s average construction year of 1966. That positioning can be competitive versus older stock, with potential to enhance performance through targeted renovations and system upgrades as components age.
Within a 3-mile radius, household counts have edged higher even as average household size trends down, and forecasts call for growth in both population and households over the next five years. This points to a gradually expanding renter pool and sustained demand for multifamily units. With rents measured locally against incomes (rent-to-income ratio near 0.29), pricing strategy should balance occupancy stability with affordability management.
Safety compares favorably to many urban Los Angeles neighborhoods, with the area sitting around the 81st percentile nationally for lower crime incidence, according to WDSuite’s CRE market data. Recent year-over-year trends indicate material declines in both violent and property offense estimates, which supports tenant retention and leasing continuity without overreaching into block-level claims.
The area draws on a concentrated entertainment and media employment base that underpins workforce rental demand and commute convenience, including Charter Communications, Radio Disney, Disney, Live Nation Entertainment, and Avery Dennison.
- Charter Communications — telecommunications (2.6 miles)
- Radio Disney — media (4.7 miles)
- Disney — media & entertainment (5.1 miles) — HQ
- Live Nation Entertainment — live entertainment (7.8 miles)
- Avery Dennison — materials & labeling (8.4 miles) — HQ
11752 Saticoy St benefits from a renter-dominant neighborhood profile, high occupancy, and strong daily-needs access — fundamentals that typically support steady collections and lower turnover risk. According to CRE market data from WDSuite, the area ranks in the top quartile nationally for occupancy and offers dense amenity coverage, while the 3-mile radius shows forward growth in both households and population, enhancing the long-term tenant base.
Built in 1979, the asset is newer than the local average stock and can compete effectively with older buildings; focused capital plans around interiors and building systems can capture value-add upside as components age. Proximity to major media and corporate employers further supports leasing velocity, though investors should manage rent-to-income affordability and monitor urban safety variability typical of Los Angeles submarkets.
- Renter-heavy neighborhood with top-quartile occupancy supporting stable cash flow
- Amenity-rich Urban Core location promotes retention and pricing power
- 1979 vintage offers competitive positioning with value-add upgrade potential
- Access to major entertainment and corporate employers supports leasing demand
- Risks: manage affordability (rent-to-income) and monitor urban safety trends