| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 80th | Best |
| Demographics | 67th | Good |
| Amenities | 59th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 9907 White Oak Ave, Northridge, CA, 91325, US |
| Region / Metro | Northridge |
| Year of Construction | 1996 |
| Units | 80 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
9907 White Oak Ave Northridge Multifamily Investment
High-cost ownership dynamics in Northridge support a deep renter pool and steady neighborhood occupancy, according to WDSuite’s CRE market data. This 1996-vintage, ~80-unit asset benefits from location fundamentals that favor retention and pricing discipline under thoughtful commercial real estate analysis.
Northridge’s Urban Core setting balances daily convenience with stable rental fundamentals. Neighborhood occupancy is in the mid-90s (for the neighborhood, not the property), and rents sit in the upper national percentiles, per WDSuite’s CRE market data. Elevated single-family home values signal a high-cost ownership market, which tends to sustain renter reliance on multifamily housing and support lease stability.
Local amenity access skews toward parks, restaurants, and childcare, while cafes and pharmacies are thinner. Average school ratings are mid-range. For investors, this mix translates into practical livability that supports retention, with room for targeted service upgrades to differentiate operations.
Within a 3-mile radius, households have grown modestly in recent years and are projected to expand further even as household sizes trend smaller. Rising incomes and a rent-to-income profile that suggests limited affordability pressure locally point to a tenant base capable of absorbing measured rent steps, which aligns with insights from multifamily property research by WDSuite.
Vintage positioning matters: the neighborhood’s average construction year is the early 1980s, while this property’s 1996 vintage is newer than much of the surrounding stock. That relative youth can be competitively advantageous versus older properties, though investors should still plan for systems modernization and selective common-area updates to maintain leasing velocity.
Safety indicators compare favorably versus many U.S. neighborhoods. The area sits in the upper national percentiles for lower violent incident rates, and recent year-over-year declines in both violent and property offenses point to improving conditions, according to WDSuite’s CRE market data. Use these as directional, neighborhood-level signals rather than block-specific guarantees.
Nearby corporate employers underpin steady renter demand and commuting convenience, led by Thermo Fisher Scientific, Farmers Insurance, Charter Communications, Radio Disney, and Disney.
- Thermo Fisher Scientific — life sciences (6.4 miles)
- Farmers Insurance Exchange — insurance (6.5 miles) — HQ
- Charter Communications — telecom & media (10.6 miles)
- Radio Disney — media (12.2 miles)
- Disney — media & entertainment (12.9 miles) — HQ
This 1996-vintage, approximately 80-unit multifamily asset in Northridge benefits from neighborhood occupancy in the mid-90s, rent levels near the top of national ranges, and a high-cost ownership market that reinforces multifamily demand. According to CRE market data from WDSuite, renter-occupied housing makes up roughly half of neighborhood units, indicating a deep tenant base, while rising household incomes support rent collections and measured growth. Being newer than much of the surrounding 1980s stock, the asset should compete well with thoughtful refreshes to common areas and building systems.
Forward-looking signals within a 3-mile radius show household growth alongside smaller household sizes, which typically broadens the renter pool and supports occupancy stability. Key risks include modest recent softening in neighborhood occupancy and the need to manage affordability pressure as rents trend upward; investors should calibrate renovations and lease strategies to maintain retention and steady NOI.
- Newer 1996 vintage versus local 1980s stock supports competitive positioning with targeted updates
- Neighborhood occupancy in the mid-90s and upper-tier rents backstop income durability (neighborhood metrics)
- High-cost ownership market and rising incomes sustain multifamily demand and retention potential
- 3-mile household growth and smaller household sizes expand the renter pool over time
- Risks: slight occupancy softening and rent-driven retention management; plan capex and leasing strategy accordingly