| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 83rd | Best |
| Demographics | 45th | Fair |
| Amenities | 79th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 9151 Darby Ave, Northridge, CA, 91325, US |
| Region / Metro | Northridge |
| Year of Construction | 1986 |
| Units | 37 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
9151 Darby Ave, Northridge CA Multifamily Investment
Renter demand in the immediate neighborhood is supported by high occupancy and strong amenity density, according to WDSuite’s CRE market data. Expect steady leasing fundamentals driven by a high-cost ownership market and a deep renter-occupied base.
Situated in Northridge’s Urban Core, the property benefits from a neighborhood that is competitive among Los Angeles-Long Beach-Glendale neighborhoods (ranked 347 out of 1,441). Amenity access is a clear strength: restaurants, cafes, groceries, and pharmacies all index in high national percentiles, which supports daily convenience and lease retention even through cycles.
Multifamily operations trend favorable at the neighborhood level: occupancy is about 96.9% (top-quartile nationally), and the renter-occupied share is approximately 59.5% of housing units. These are neighborhood-level indicators, not property performance, but they point to a sizable tenant base and generally stable occupancy for comparable assets.
Home values in the neighborhood sit in a high-cost ownership market (national 95th percentile) with a very high value-to-income ratio, which typically sustains renter reliance on multifamily housing and supports pricing power when managed carefully. At the same time, rent-to-income levels are elevated, suggesting affordability pressure that should be addressed via thoughtful lease management and amenity positioning.
Schools rate below the national midpoint on average, and park space is limited locally; investors may want to emphasize proximity to everyday services and employment nodes to offset these factors. Relative to metro stock that averages a 1976 vintage, a 1986 build can compete well versus older comparables while still benefiting from targeted modernization to meet current renter expectations.
Within a 3-mile radius, households have increased recently and are projected to grow further alongside smaller average household sizes. Even as population growth moderates, this shift can expand the renter pool and support occupancy stability for well-positioned properties.
Safety indicators compare favorably: the neighborhood’s safety profile trends above many areas nationally (74th percentile) and is competitive within the Los Angeles-Long Beach-Glendale metro (crime rank 420 out of 1,441 neighborhoods). These are neighborhood-level comparisons rather than block-specific measures.
Recent trends show notable improvement in both property and violent offense rates on a year-over-year basis, with declines that place the area among stronger national improvers. While conditions can vary by street and over time, the broader trajectory supports resident retention and leasing stability for multifamily operators.
Nearby corporate employment anchors provide a diversified white-collar tenant base and commute convenience, supporting leasing and retention. Key nodes include Farmers Insurance, Thermo Fisher Scientific, Charter Communications, The Walt Disney Company, and Occidental Petroleum.
- Farmers Insurance Exchange — insurance (5.3 miles) — HQ
- Thermo Fisher Scientific — life sciences (5.3 miles)
- Charter Communications — telecommunications (11.1 miles)
- Disney — entertainment (13.2 miles) — HQ
- Occidental Petroleum — energy (13.3 miles) — HQ
9151 Darby Ave combines durable neighborhood fundamentals with value-add potential. At the neighborhood level, occupancy is strong and renter concentration is high, while elevated home values help sustain reliance on rentals. The 1986 construction is newer than much of the surrounding stock, offering relative competitiveness today with room for targeted updates to capture upside. According to CRE market data from WDSuite, amenity access ranks high nationally, supporting day-to-day convenience that can bolster retention.
Within a 3-mile radius, households have been increasing and are projected to expand further even as average household size declines, pointing to a larger tenant base for well-managed units. Rent-to-income levels suggest careful pricing and renewal strategies are prudent, but the high-cost ownership landscape and strong employment access should continue to underpin demand and occupancy for stabilized assets in this pocket of the San Fernando Valley.
- High neighborhood occupancy and sizable renter-occupied base support leasing stability
- 1986 vintage offers competitive positioning versus older metro stock with modernization upside
- Amenity-rich location and proximity to major employers bolster retention and absorption
- High-cost ownership market reinforces rental demand and supports pricing power
- Risk: Elevated rent-to-income and lower school ratings call for disciplined lease and amenity strategy