| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 77th | Good |
| Demographics | 49th | Fair |
| Amenities | 77th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 7125 Ethel Ave, North Hollywood, CA, 91605, US |
| Region / Metro | North Hollywood |
| Year of Construction | 1976 |
| Units | 22 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
7125 Ethel Ave North Hollywood Multifamily Opportunity
Neighborhood fundamentals point to durable renter demand and steady occupancy, according to WDSuite s CRE market data. Investors should note competitive amenity access and a high renter concentration that supports leasing stability.
Situated in North Hollywood s Urban Core, the surrounding neighborhood rates B+ and is positioned competitively among Los Angeles-Long Beach-Glendale neighborhoods (385 of 1,441). Amenity access is a clear strength: cafes and restaurants score well above national norms (cafes near the top nationally and restaurants in the top decile), complemented by strong grocery and pharmacy density. This mix supports resident convenience and day-to-day livability that can aid retention.
Multifamily dynamics are favorable. Neighborhood occupancy has trended in the mid-90s with stability over the last five years, based on CRE market data from WDSuite. The share of renter-occupied housing units is high (top national tier), indicating a deep tenant base that can support leasing velocity and backfill risk management. Median contract rents sit above national norms, reflecting the submarket s demand profile.
Within a 3-mile radius, demographic statistics show households have increased recently and are projected to expand further, while average household size trends lower. This combination supports a larger renter pool over time and can help sustain occupancy and leasing momentum. Median incomes have been rising and are projected to continue increasing, which can underpin rent growth while still requiring disciplined lease management.
Ownership costs in the neighborhood are elevated versus national benchmarks, and the value-to-income ratio ranks among the highest nationally. This high-cost ownership context reinforces reliance on rental housing, supporting tenant retention and pricing power for well-positioned multifamily assets.
Trade-offs to monitor include limited park access within the immediate neighborhood and below-average school ratings relative to national norms. For an investor, these factors may modestly influence family-oriented leasing but are mitigated by strong amenity density, employment access, and renter concentration typical of an infill Los Angeles location.
Safety metrics for the neighborhood compare favorably: using metro ranks, overall crime stands in the stronger cohort (top quartile among 1,441 Los Angeles-Long Beach-Glendale neighborhoods), and national comparisons place the area well above average for safety. Recent trends indicate meaningful declines in both property and violent offense rates year over year, suggesting improving conditions that can support resident retention and leasing stability.
As with most infill Los Angeles locations, conditions can vary by block and time of day. Investors should consider standard property-level measures and continue monitoring trend data; the broader directional improvement provides a constructive backdrop for long-term operations.
Proximity to regional media and entertainment employers supports a steady renter base and commute convenience for residents, including Charter Communications, Radio Disney, Disney, and Live Nation Entertainment.
- Charter Communications corporate offices (4.2 miles)
- Radio Disney corporate offices (5.5 miles)
- Disney corporate offices (6.1 miles) HQ
- Live Nation Entertainment corporate offices (8.0 miles)
- Live Nation Entertainment corporate offices (8.7 miles) HQ
7125 Ethel Ave comprises 22 units built in 1976, positioning it slightly newer than the neighborhood s average vintage. For investors, this typically implies scope for selective capital improvements and value-add upgrades to enhance competitiveness versus newer stock. Neighborhood operations are supported by a high renter-occupied share and near-metro-average occupancy that has held in the mid-90s; according to CRE market data from WDSuite, these dynamics reflect durable demand in an infill Los Angeles setting with strong amenity access.
Within a 3-mile radius, households have grown and are projected to increase further while household sizes trend smaller, expanding the tenant base over time. Elevated ownership costs locally reinforce reliance on rental housing, supporting pricing power for well-maintained assets. Balanced against these positives, investors should underwrite to affordability pressure (given rent-to-income around 30%) and local school ratings that trail national averages, emphasizing resident experience and retention strategies.
- Infill North Hollywood location with strong amenity access and commuter convenience
- Stable neighborhood occupancy and deep renter-occupied housing base supporting leasing
- 1976 vintage offers value-add and targeted capex potential to lift competitive positioning
- High-cost ownership market reinforces demand for multifamily rentals and retention
- Risks: affordability pressure (rent-to-income near 30%), limited park access, and below-average school ratings