| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 85th | Best |
| Demographics | 76th | Best |
| Amenities | 79th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 4900 Vineland Ave, North Hollywood, CA, 91601, US |
| Region / Metro | North Hollywood |
| Year of Construction | 2012 |
| Units | 82 |
| Transaction Date | 2012-03-06 |
| Transaction Price | $4,361,043 |
| Buyer | VINELAND AVENUE SENIOR HOUSING LP |
| Seller | CFLT 2009 LLC |
4900 Vineland Ave North Hollywood Multifamily Opportunity
Neighborhood occupancy and a high renter concentration point to steady leasing fundamentals in this North Hollywood urban core, according to WDSuite’s CRE market data.
Positioned in North Hollywood within the Los Angeles-Long Beach-Glendale metro, the neighborhood scores an A rating and ranks 104 out of 1,441 metro neighborhoods, placing it in the top quartile locally. This status reflects strong urban fundamentals, with restaurants, groceries, parks, and pharmacies all registering high national percentiles, which supports day-to-day livability and resident retention.
Renter-occupied housing accounts for a large share of units in the neighborhood (renter concentration is among the highest in the metro), indicating a deep tenant base for multifamily. Neighborhood occupancy trends are solid and sit above national midpoints, helping underpin income stability for well-maintained assets.
For investors assessing competitive positioning, the property’s 2012 vintage is newer than the neighborhood’s typical 1980s stock, which can enhance leasing appeal versus older buildings while still warranting routine modernization planning over the hold period.
Within a 3-mile radius, household counts have inched higher recently and are projected to expand further by 2028, alongside rising median incomes. This combination points to a larger tenant base and potential for sustained demand. Average school ratings are mixed, which may factor into unit mix strategy, while limited childcare options nearby suggest family-oriented demand may skew toward older children or dual-income households with alternative care arrangements. Elevated home values in the neighborhood, relative to national norms, signal a high-cost ownership market that tends to reinforce reliance on multifamily rentals, supporting lease retention and pricing discipline.
Safety indicators compare favorably at the national level. Based on WDSuite’s data, the neighborhood’s overall crime profile sits in the top quartile nationally, and recent year-over-year trends show notable declines in both property and violent offenses. Within the Los Angeles-Long Beach-Glendale metro’s 1,441 neighborhoods, this positions the area as competitive on safety while acknowledging that urban cores can see variability block to block.
For investors, the directional improvement and above-average national standing support leasing stability and resident satisfaction assumptions; prudent underwriting should still consider standard security measures and local management practices.
Proximity to major media and corporate employers supports renter demand and commute convenience, particularly for workforce tied to entertainment, telecom, and branding. Nearby anchors include Radio Disney, Disney, Charter Communications, Live Nation Entertainment, and Avery Dennison.
- Radio Disney — media & entertainment offices (1.7 miles)
- Disney — media & entertainment (2.6 miles) — HQ
- Charter Communications — telecommunications offices (3.1 miles)
- Live Nation Entertainment — live entertainment offices (4.3 miles)
- Live Nation Entertainment — live entertainment (6.1 miles) — HQ
- Avery Dennison — materials & labeling (6.5 miles) — HQ
4900 Vineland Ave is an 82-unit, 2012-vintage asset in an urban core neighborhood that ranks in the top quartile among 1,441 Los Angeles-Long Beach-Glendale neighborhoods. The submarket’s high renter concentration and stable neighborhood occupancy support consistent leasing, while elevated ownership costs locally tend to sustain multifamily demand and help underpin pricing power. According to CRE market data from WDSuite, amenity access is strong versus national norms, adding to resident appeal.
Within a 3-mile radius, projections point to growth in households and rising incomes by 2028, which can expand the tenant base and support rent durability. The 2012 construction offers competitive positioning versus older 1980s-era stock in the area, with potential to capture demand through targeted upgrades over time while planning for routine capital needs.
- Top-quartile neighborhood standing in the Los Angeles metro supports long-term demand fundamentals
- High renter concentration and above-national occupancy bolster income stability assumptions
- 2012 vintage competitive versus older local stock; targeted modernization can enhance leasing
- Strong amenity access and proximity to major employers aid retention and absorption
- Risks: mixed school ratings, limited childcare options, and sensitivity to entertainment industry cycles warrant prudent underwriting