| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 72nd | Fair |
| Demographics | 30th | Poor |
| Amenities | 64th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 7466 Laurel Canyon Blvd, North Hollywood, CA, 91605, US |
| Region / Metro | North Hollywood |
| Year of Construction | 1989 |
| Units | 22 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
7466 Laurel Canyon Blvd, North Hollywood Multifamily Investment
Neighborhood occupancy has been resilient and renter demand deep, according to WDSuite s CRE market data, positioning this North Hollywood asset for steady leasing performance. These signals reflect the surrounding neighborhood rather than property-level occupancy.
Located in North Hollywood s Urban Core, the property benefits from a dense amenity base that supports day-to-day convenience and leasing depth. Neighborhood metrics indicate strong access to dining, cafes, groceries, and pharmacies, with counts that rank in the upper tiers nationally; parks are limited locally, which is typical of infill Los Angeles locations.
From an income and rent standpoint, the neighborhood s rent levels sit above national norms (national percentile around the 80th), while occupancy is strong and top quartile nationally. For investors, this combination points to durable absorption and pricing power when operations are well-managed, though monitoring lease management and renewals remains important where rent-to-income ratios approach the upper-20s.
Tenure patterns indicate a high concentration of renter-occupied housing units in the neighborhood relative to the metro (near the top nationally), signaling a deep tenant base for multifamily. Within a 3-mile radius, demographics show a broad working-age profile and modest household growth, with forecasts calling for an increase in households and a slight reduction in average household size over the next five years. That trajectory typically translates to a larger renter pool and supports occupancy stability for well-located assets.
Relative to the Los Angeles-Long Beach-Glendale metro, the neighborhood is above the metro median for amenity access and competitive on housing fundamentals. For context, the area s average construction year skews older (1960s), which makes 7466 Laurel Canyon s 1989 vintage comparatively newer, a positive for near-term competitiveness while still leaving room for targeted modernization as building systems age.
Safety indicators are mixed when viewed through metro versus national lenses. Nationally, the neighborhood s composite crime measures trend in the upper tiers (around the 80th percentile nationwide, where higher is safer). Within the Los Angeles metro, however, the area ranks below the metro median for safety (ranked 208 among 1,441 metro neighborhoods), indicating relatively higher reported incidents compared with many Los Angeles neighborhoods.
Recent trend data shows notable year-over-year declines in both property and violent offense estimates, which is a constructive directional signal for investors. As with any urban infill location, prudent security measures and active property management can help support resident retention and asset performance.
Proximity to major media and corporate employers underpins consistent renter demand and commute convenience, including Charter Communications, Radio Disney, The Walt Disney Company, Live Nation Entertainment, and Avery Dennison.
- Charter Communications telecom (2.99 miles)
- Radio Disney media (4.83 miles)
- Disney entertainment (5.32 miles) HQ
- Live Nation Entertainment live events (7.85 miles)
- Avery Dennison labeling & materials (8.69 miles) HQ
This 22-unit, 1989-vintage asset sits in a renter-heavy North Hollywood pocket where neighborhood occupancy trends remain in the top quartile nationally and amenity access is robust. Based on commercial real estate analysis from WDSuite, the surrounding area exhibits above-national rent positioning with sustained leasing depth, suggesting steady cash flow potential when operations are optimized.
The 1989 construction is newer than the neighborhood s older housing stock, supporting competitive positioning versus 1960s-era assets while leaving room for value through selective renovations and system updates. Within a 3-mile radius, forecasts point to household growth and a modest shift toward smaller household sizes over the next five years a setup that typically expands the renter pool and supports occupancy stability. Key watch items include rent-to-income management and continued attention to on-site security typical of infill Los Angeles.
- Occupancy strength in the neighborhood supports leasing stability and renewal velocity.
- Renter-occupied housing concentration indicates a deep, durable tenant base.
- 1989 vintage offers competitive positioning with value-add potential via targeted upgrades.
- Amenity-rich Urban Core location enhances resident convenience and retention.
- Risks: monitor rent-to-income pressures and manage security typical of LA infill.