| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 76th | Fair |
| Demographics | 89th | Best |
| Amenities | 46th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 17250 W Sunset Blvd, Pacific Palisades, CA, 90272, US |
| Region / Metro | Pacific Palisades |
| Year of Construction | 1972 |
| Units | 75 |
| Transaction Date | 2025-07-14 |
| Transaction Price | $22,000,000 |
| Buyer | SELF-REALIZATION FELLOWSHIP CHURCH |
| Seller | SUNSET HOUSING SOLUTIONS LP |
17250 W Sunset Blvd Pacific Palisades Multifamily Opportunity
High-cost homeownership and an affluent renter base in this neighborhood support pricing power and retention, according to WDSuite s CRE market data. Neighborhood statistics cited reflect the surrounding area not the property and point to durable renter demand in a coastal Los Angeles submarket.
Situated in Pacific Palisades within the Los Angeles-Long Beach-Glendale metro, the neighborhood scores above the metro median (ranked 204 among 1,441 neighborhoods) and performs in the top quartile nationally on multiple fundamentals. Elevated home values and high household incomes signal a high-cost ownership market that tends to reinforce reliance on quality rentals, supporting lease stability for well-positioned assets.
Demand drivers are anchored by strong lifestyle access: parks and outdoor amenities are top quartile nationally, with cafes and restaurants also competitive. Grocery access compares favorably versus many U.S. neighborhoods, though pharmacy and childcare options are thinner, which may modestly narrow the family renter segment. Median contract rents in the neighborhood rank among the highest nationally, consistent with the area s premium positioning.
Tenure patterns indicate a lower share of renter-occupied housing at the neighborhood level, which concentrates demand into a relatively smaller but higher-income renter pool. For investors, that typically translates to steady interest in well-maintained units and potential lease retention advantages, provided product quality and service meet expectations.
Within a 3-mile radius, demographics reflect a mature, high-income population with limited recent population change and an outlook for more households alongside slightly smaller household sizes over the next five years. That mix can expand the tenant base even as overall population growth remains measured, a dynamic that often supports occupancy stability for professionally managed communities.
Safety metrics for the neighborhood compare favorably both locally and nationally. The area ranks stronger than most Los Angeles-Long Beach-Glendale neighborhoods (crime rank 176 among 1,441), and national positioning is above average. Recent year-over-year estimates indicate notable declines in both property and violent offenses, placing the neighborhood in a higher national percentile for improving conditions.
These are neighborhood-level indicators rather than property-specific measures, but the combination of above-metro performance and improving trends suggests a supportive backdrop for resident retention and asset operations.
Proximity to major employers across technology, energy, engineering, and healthcare underpins a diversified white-collar employment base and supports renter demand through commute convenience to nearby corporate hubs: Abbott Laboratories, Activision Blizzard, Occidental Petroleum, AECOM, and Microsoft.
- Abbott Laboratories healthcare products (4.9 miles) HQ
- Activision Blizzard video games (6.0 miles) HQ
- Occidental Petroleum energy (6.4 miles) HQ
- AECOM engineering & infrastructure (7.9 miles) HQ
- Microsoft Offices The Reserves software (8.6 miles)
The property s Pacific Palisades location benefits from an affluent renter base, elevated neighborhood rents, and strong amenity access, while the metro rank places the area above the median among 1,441 Los Angeles neighborhoods. According to CRE market data from WDSuite, the neighborhood performs in higher national percentiles for income, home values, and outdoor amenities a combination that tends to sustain rental demand and support pricing for quality assets.
Investor considerations include a lower neighborhood share of renter-occupied units, which concentrates demand among higher-income renters, and occupancy levels that are stable but not at peak national tiers. Looking ahead, 3-mile demographics point to growth in household counts alongside slightly smaller household sizes, which can expand the tenant pool and help underpin leasing performance.
- High-income renter base and premium ownership market support rental reliance and pricing power
- Above-metro overall neighborhood rank with strong parks and lifestyle access enhances resident appeal
- Nearby corporate hubs (tech, energy, engineering, healthcare) bolster leasing depth and retention
- 3-mile outlook shows more households and slightly smaller household sizes, expanding the renter pool
- Risks: smaller renter-occupied share and moderate neighborhood occupancy require strong product positioning and operations