| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 76th | Good |
| Demographics | 24th | Poor |
| Amenities | 28th | Poor |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 7701 Laurel Canyon Blvd, North Hollywood, CA, 91605, US |
| Region / Metro | North Hollywood |
| Year of Construction | 1985 |
| Units | 34 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
7701 Laurel Canyon Blvd North Hollywood Multifamily Investment
Neighborhood data point to a sizable renter base and steady occupancy, according to WDSuite s CRE market data, supporting durable demand for a 34-unit asset in Los Angeles County. Elevated ownership costs in the area help sustain rental reliance and pricing discipline.
Located in North Hollywood s Urban Core, the property benefits from a deep tenant pool: the neighborhood shows a high share of renter-occupied housing units, which supports leasing velocity and renewals. At the same time, neighborhood occupancy is near the national middle, suggesting stable but competitive conditions for operators.
Lifestyle access is mixed. Parks and cafes index strongly (both near the top quartile nationally), while everyday retail like groceries, pharmacies, and restaurants are thinner locally. Average school ratings track below the national median, which investors should consider when segmenting target renter profiles.
The asset s 1985 vintage is newer than the neighborhood s typical 1970s housing stock. That can enhance competitive positioning versus older properties, though capital planning should still account for system modernization and select value-add upgrades over a hold period.
Home values in the neighborhood sit at the higher end for the region, and the value-to-income ratio ranks near the top nationally. This high-cost ownership market tends to reinforce renter reliance on multifamily housing, which can bolster tenant retention and rent collections. Rent-to-income levels signal some affordability pressure, so proactive lease management remains important.
Within a 3-mile radius, demographics show modest population softening alongside an increase in household counts and a majority renter share, indicating smaller household sizes and a larger tenant base over time. These shifts generally support occupancy stability for well-managed assets, based on commercial real estate analysis from WDSuite.
Safety indicators are mixed. The neighborhood s crime rank places it 350th among 1,441 Los Angeles metro neighborhoods, indicating higher crime relative to many local peers. Nationally, recent estimates for property and violent offenses track around the middle of the pack, and year-over-year readings show notable declines, according to WDSuite s CRE market data. Investors typically address this with lighting, access controls, and resident engagement to support retention.
Proximity to major entertainment and corporate offices underpins renter demand, with convenient commutes to Charter Communications, Radio Disney, Disney, Live Nation Entertainment, and Avery Dennison supporting workforce housing dynamics.
- Charter Communications telecommunications (3.1 miles)
- Radio Disney media (5.1 miles)
- Disney media & entertainment (5.5 miles) HQ
- Live Nation Entertainment entertainment (8.1 miles)
- Avery Dennison materials & labeling (8.8 miles) HQ
7701 Laurel Canyon Blvd offers exposure to a renter-heavy North Hollywood location where ownership costs are elevated and neighborhood occupancy sits near national norms. The 1985 construction is newer than much of the area s 1970s stock, giving the asset a relative edge in unit finishes and systems, while still leaving room for targeted upgrades to drive rent trade-outs and retention.
Within a 3-mile radius, household counts have grown and are projected to expand further even as population edges down, implying smaller household sizes and a broader renter pool. Combined with proximity to major employment centers, these dynamics support demand durability. According to CRE market data from WDSuite, rent levels and a high value-to-income backdrop reinforce multifamily reliance, though affordability pressure warrants careful lease and renewal strategy.
- Renter-heavy neighborhood and high ownership costs support durable tenant demand
- 1985 vintage out-positions older stock with potential value-add upside
- Household growth within 3 miles expands the prospective renter base
- Near key entertainment and corporate employment nodes aids leasing and retention
- Risks: affordability pressure, mixed safety signals, and uneven neighborhood amenities