| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 85th | Best |
| Demographics | 76th | Best |
| Amenities | 79th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 4310 Vineland Ave, North Hollywood, CA, 91602, US |
| Region / Metro | North Hollywood |
| Year of Construction | 1972 |
| Units | 33 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
4310 Vineland Ave North Hollywood Multifamily Investment
This 33-unit property benefits from strong renter demand in a neighborhood where 77% of housing units are renter-occupied, according to CRE market data from WDSuite.
The neighborhood ranks in the top quartile nationally for amenity access, with 6.42 grocery stores per square mile and extensive dining options supporting tenant retention. Demographic data aggregated within a 3-mile radius shows median household income of $99,845 with strong projected growth to $139,645 by 2028, indicating expanding renter purchasing power.
Built in 1972, this property offers value-add renovation opportunities in a market where the average construction year is 1982. The neighborhood maintains 93.6% occupancy rates with median contract rents of $2,028, representing 36% growth over five years. Housing units average 692 square feet, aligning with area rental demand patterns.
Population forecasts show 8.4% growth through 2028, with household formation projected to increase 38.4%, expanding the local renter pool. The area's 65% renter-occupied housing share reinforces sustained multifamily demand, while proximity to corporate offices provides employment stability for tenant retention.
The neighborhood demonstrates improving safety trends with property crime rates declining 81% year-over-year and violent crime falling 96%. Current property offense rates rank 626th among 1,441 metro neighborhoods, placing it near the middle range for the Los Angeles region.
While crime metrics require ongoing monitoring, the significant recent improvements in both property and violent crime rates suggest positive momentum that may support tenant retention and leasing velocity.
The property benefits from proximity to major entertainment and media employers that provide stable workforce housing demand.
- Radio Disney — media & entertainment (1.7 miles)
- Disney — entertainment & media (2.7 miles) — HQ
- Live Nation Entertainment — entertainment services (3.6 miles)
- Charter Communications — telecommunications (3.8 miles)
- Activision Blizzard Studios — gaming & technology (5.8 miles)
This 33-unit North Hollywood property presents a compelling value-add opportunity in a neighborhood with strong rental fundamentals. The 1972 construction year positions the asset for strategic renovations and rent optimization in a market experiencing 36% rent growth over five years. Demographic projections show household formation increasing 38.4% through 2028, supporting expanded tenant demand.
The neighborhood's 77% renter occupancy rate and 93.6% occupancy levels indicate stable rental demand, while proximity to major entertainment employers provides workforce housing advantages. Commercial real estate analysis shows the area ranking in the top quartile nationally for amenities, supporting tenant retention and lease renewal rates.
- Strong rental market with 77% renter-occupied housing and expanding household formation
- Value-add potential from 1972 vintage in market with 36% rent growth
- Proximity to Disney headquarters and entertainment industry employers
- Top quartile amenity access supports tenant retention
- Risk: Older vintage requires capital expenditure planning for renovations