| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 84th | Best |
| Demographics | 30th | Poor |
| Amenities | 45th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 12829 W Branford St, Pacoima, CA, 91331, US |
| Region / Metro | Pacoima |
| Year of Construction | 1987 |
| Units | 65 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
12829 W Branford St Pacoima Multifamily Investment
This 65-unit property built in 1987 benefits from strong neighborhood occupancy at 98.3% and growing rental demand, according to WDSuite's CRE market data.
The property sits in an Urban Core neighborhood within the Los Angeles-Long Beach-Glendale metro area, ranking in the top quartile nationally for housing fundamentals. Neighborhood-level occupancy reaches 98.3%, well above typical metro averages, while median contract rents of $1,715 reflect solid pricing power in the local market.
Built in 1987, this property represents typical vintage for the area, where average construction year is 1994. The neighborhood shows strong rental tenure dynamics, with 37.8% of housing units occupied by renters, supporting consistent multifamily demand. Demographics within a 3-mile radius include over 207,000 residents with a median household income of $73,705, projected to grow 40% to $103,287 by 2028.
Home values averaging $630,186 with 62% appreciation over five years sustain rental demand by limiting ownership accessibility. The rent-to-income ratio of 0.23 indicates manageable affordability for area renters. Local amenities include strong childcare density at 3.25 facilities per square mile, ranking in the 97th percentile nationally, plus adequate grocery access to support tenant retention.
The neighborhood ranks 220th among 1,441 metro neighborhoods for overall crime metrics, placing it in the 81st percentile nationally for safety. Property offense rates show significant improvement with an 86% decline year-over-year, while violent crime rates dropped 94.2% during the same period, both ranking in the top percentile nationally for crime reduction trends.
The property benefits from proximity to major corporate employers across entertainment, telecommunications, and insurance sectors that support workforce housing demand in the San Fernando Valley.
- Charter Communications — telecommunications (4.9 miles)
- Radio Disney — media & entertainment (7.3 miles)
- Disney — entertainment & media (7.7 miles) — HQ
- Live Nation Entertainment — entertainment services (10.5 miles)
- Avery Dennison — industrial materials (10.7 miles) — HQ
This 65-unit property built in 1987 offers value-add potential through capital improvements while benefiting from exceptional neighborhood occupancy fundamentals. The 98.3% occupancy rate ranks in the 91st percentile nationally, indicating strong rental demand stability. Demographics within a 3-mile radius project household income growth of 40% over the next five years, from $73,705 to $103,287, supporting rent growth potential and tenant retention.
The property's vintage creates renovation upside opportunities, while elevated home values averaging $630,186 sustain rental demand by limiting ownership accessibility. According to multifamily property research from WDSuite, the neighborhood's crime reduction trends and proximity to major employers including Disney and Charter Communications strengthen the long-term tenant base fundamentals.
- Exceptional 98.3% neighborhood occupancy ranking 91st percentile nationally
- Strong projected household income growth of 40% through 2028
- Value-add potential through capital improvements on 1987 vintage property
- Proximity to major employers supports workforce housing demand
- Risk: Capital expenditure requirements typical for 37-year-old property