| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 77th | Good |
| Demographics | 49th | Fair |
| Amenities | 77th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 13103 Barbara Ann St, North Hollywood, CA, 91605, US |
| Region / Metro | North Hollywood |
| Year of Construction | 1972 |
| Units | 41 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
13103 Barbara Ann St, North Hollywood Multifamily Investment
Renter demand is reinforced by a high renter-occupied share in the neighborhood and occupancy that trends above national norms, according to CRE market data from WDSuite. The submarket’s high-cost ownership landscape supports pricing power while requiring careful affordability management.
The property sits in a B+ rated Urban Core neighborhood that is competitive among Los Angeles-Long Beach-Glendale neighborhoods (ranked 385 out of 1,441). Amenity density is a clear strength: cafes and restaurants score in the top decile nationally, with grocery and pharmacy access also above national averages. This positions the asset well for retention among renters prioritizing daily convenience.
Neighborhood occupancy is solid and sits above national norms, with stability helped by a renter-occupied share around two-thirds of housing units. For investors, that renter concentration indicates a deep tenant base and supports leasing durability for a 41-unit asset.
Within a 3-mile radius, households have grown modestly and are projected to continue increasing even as average household size trends lower. That combination typically points to a larger tenant base over time and can support occupancy stability. Median incomes have been rising, which helps absorb rent growth, though operators should still monitor affordability pressure.
Ownership costs in the immediate area are elevated relative to incomes (high national percentile for home values and value-to-income), which generally sustains reliance on multifamily rentals and can aid retention. Trade-off factors for underwriting include below-average school ratings and limited park access, which may matter for certain renter cohorts; thoughtful amenity programming can help offset those headwinds.
Safety indicators compare favorably: the neighborhood ranks 285 out of 1,441 within the Los Angeles metro, placing it above the metro median and roughly top quartile nationally by composite measures. Recent trends show notable year-over-year decreases in both property and violent offense rates, improving the area’s relative position versus many urban neighborhoods nationwide.
As with any infill Los Angeles location, conditions can vary block to block, so investors should focus on property-level controls and daylight walk-throughs to validate assumptions. Even so, the directional trend and comparative standing support tenant retention and leasing narratives without relying on overstated claims.
Proximity to major media, entertainment, and infrastructure employers supports workforce housing demand and commute convenience for renters. Nearby anchors include Charter Communications, Radio Disney, Disney, Live Nation Entertainment, and AECOM.
- Charter Communications — media & telecom (4.3 miles)
- Radio Disney — entertainment offices (5.5 miles)
- Disney — entertainment HQ (6.2 miles) — HQ
- Live Nation Entertainment — entertainment HQ (8.8 miles) — HQ
- AECOM — engineering & infrastructure (9.8 miles) — HQ
This 41-unit North Hollywood asset benefits from a deep renter pool, strong neighborhood amenity access, and occupancy that trends above national norms. Elevated ownership costs in the area tend to reinforce renter reliance on multifamily housing, supporting retention and leasing stability. Based on CRE market data from WDSuite, the neighborhood’s renter-occupied share is high relative to national benchmarks, which aligns with durable tenant demand.
Forward-looking demographics within a 3-mile radius indicate a gradual increase in households alongside smaller household sizes, which typically expands the renter pool. Operators should balance this demand backdrop against affordability management and submarket-specific considerations like below-average school ratings and limited park space when shaping renovation scope and revenue strategies.
- Amenity-rich Urban Core location supports retention and leasing velocity.
- High renter-occupied share indicates depth of tenant demand for multifamily.
- Household growth and smaller household sizes within 3 miles expand the future renter base.
- Elevated ownership costs bolster rental demand and can support pricing power.
- Risks: affordability pressure, lower school ratings, and limited parks require thoughtful asset management.