| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 71st | Poor |
| Demographics | 37th | Fair |
| Amenities | 56th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 7636 Fulton Ave, North Hollywood, CA, 91605, US |
| Region / Metro | North Hollywood |
| Year of Construction | 1986 |
| Units | 64 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
7636 Fulton Ave North Hollywood Multifamily Investment
This 64-unit property in North Hollywood benefits from neighborhood occupancy rates of 93.9% and strong renter demand driven by nearby corporate employers, according to CRE market data from WDSuite.
This North Hollywood property sits in an inner suburban neighborhood where 62.2% of housing units within a 3-mile radius are renter-occupied, reinforcing consistent rental demand. The neighborhood ranks in the 82nd percentile nationally for crime safety metrics and maintains a 93.9% occupancy rate, though this represents a modest decline from prior years.
Built in 1986, the property predates the neighborhood's average construction year of 1962, suggesting potential value-add opportunities through strategic capital improvements. Median contract rents in the area reach $1,872, with 15.4% growth over five years, while the rent-to-income ratio of 0.23 indicates manageable affordability for area renters.
The local amenity landscape includes above-average restaurant density at 17.63 per square mile, ranking in the 96th percentile nationally, though childcare and park access remain limited. Demographics within the 3-mile radius show a stable population base of approximately 291,000 residents with median household income of $67,397, supporting sustained multifamily demand in this established Los Angeles submarket.
The neighborhood demonstrates strong safety fundamentals, ranking 169th among 1,441 metro neighborhoods for overall crime metrics, placing it in the 82nd percentile nationally. Property offense rates have declined significantly by 87.6% year-over-year, while violent crime rates dropped 96.8%, indicating improving security conditions that support tenant retention and leasing stability.
These safety improvements position the area competitively within the Los Angeles metro for multifamily investments, with crime trends moving in a favorable direction for both current residents and prospective tenants evaluating the neighborhood.
The property benefits from proximity to major entertainment and media employers that anchor the regional workforce, including several corporate headquarters within commuting distance.
- Charter Communications — telecommunications (4.5 miles)
- Radio Disney — media services (6.1 miles)
- Disney — entertainment HQ (6.7 miles)
- Live Nation Entertainment — entertainment services HQ (9.4 miles)
- Activision Blizzard Studios — gaming & entertainment (9.9 miles)
This 64-unit North Hollywood property offers stable fundamentals in a neighborhood maintaining 93.9% occupancy with strong renter demographics. Built in 1986, the asset presents value-add potential through strategic improvements while benefiting from an established location with 62.2% of area housing units occupied by renters. The property sits within commuting distance of major entertainment employers including Disney headquarters, supporting consistent tenant demand from the regional workforce.
Neighborhood safety metrics rank in the 82nd percentile nationally with significant recent crime reductions, while median area rents of $1,872 reflect solid pricing power. However, investors should monitor the modest occupancy decline and limited childcare amenities that may affect family-oriented tenant retention in this competitive Los Angeles submarket.
- Strong neighborhood occupancy at 93.9% with established renter base
- Value-add potential in 1986-built property with strategic improvement opportunities
- Proximity to Disney headquarters and major entertainment employers
- Improving safety trends with 82nd percentile national crime ranking
- Risk consideration: Monitor occupancy trends and limited family amenities