| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 82nd | Best |
| Demographics | 29th | Poor |
| Amenities | 78th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 14610 W Gledhill St, Panorama City, CA, 91402, US |
| Region / Metro | Panorama City |
| Year of Construction | 1992 |
| Units | 40 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
14610 W Gledhill St Panorama City Multifamily Investment
Neighborhood occupancy trends sit above the Los Angeles metro median, supporting income stability for a 40‑unit asset, according to WDSuite’s CRE market data.
Located in Panorama City within the Los Angeles-Long Beach-Glendale metro, the neighborhood carries a B rating and ranks 568th among 1,441 metro neighborhoods—competitive among Los Angeles neighborhoods. Amenity access is a core strength: restaurants and grocery stores score in the upper tiers nationally, helping sustain renter demand and day-to-day convenience for residents.
Operationally, the neighborhood s occupancy rate ranks 287th of 1,441—above the metro median—and sits in a high national percentile, indicating tight availability that can support lease-up and retention. The share of housing units that are renter-occupied is elevated at the neighborhood level (ranked 181st of 1,441; top quartile nationally), signaling a deep tenant base for multifamily.
For investors evaluating product positioning, the subject 01992 vintage is newer than the neighborhood 7s average construction year of 1982. This generally improves competitive standing versus older stock while still warranting targeted capital planning for systems and common-area updates to support rent attainment and renewal performance.
Within a 3-mile radius, households have increased while average household size has edged lower and population has modestly contracted—dynamics that typically expand the renter pool and support occupancy stability. Median home values in the neighborhood are elevated versus many areas nationally, and a high value‑to‑income ratio reinforces reliance on multifamily rentals, which can aid pricing power and lease retention for well-managed assets.
Amenities and daily needs: Restaurant density ranks 57th of 1,441 locally (top tier nationally), and grocery access ranks 96th of 1,441 (top tier nationally). Pharmacies are also plentiful relative to most U.S. neighborhoods. School ratings average below national benchmarks, which may slightly temper family-driven demand but does not negate the area 7s broader workforce housing appeal.
Safety indicators are competitive in context: the neighborhood 7s crime rank is 415th of 1,441 in the Los Angeles metro and sits in a higher national percentile, suggesting comparatively favorable conditions versus many U.S. neighborhoods. Recent year-over-year estimates show meaningful declines in both violent and property offenses, pointing to improving trends. As always, investors should evaluate block-level conditions and property security measures during due diligence.
Proximity to major employers supports a broad workforce renter base and commute convenience, including Charter Communications, Radio Disney, Disney, Thermo Fisher Scientific, and Farmers Insurance Exchange.
- Charter Communications — corporate offices (6.7 miles)
- Radio Disney — corporate offices (8.7 miles)
- Disney — corporate offices (9.3 miles) — HQ
- Thermo Fisher Scientific — corporate offices (9.3 miles)
- Farmers Insurance Exchange — corporate offices (9.5 miles) — HQ
This 40-unit, 1992-vintage asset benefits from tight neighborhood occupancy that ranks above the Los Angeles metro median and a strong renter-occupied housing presence, supporting depth of demand and renewal potential. Amenity density is a competitive advantage, with restaurants, groceries, and pharmacies ranking among the higher tiers nationally—factors that underpin leasing velocity and day-to-day resident satisfaction. Based on commercial real estate analysis from WDSuite, elevated home values and a high value-to-income ratio in the neighborhood reinforce renter reliance on multifamily housing, which can support pricing power for renovated units.
Within a 3-mile radius, households have grown and are projected to increase further even as average household size declines—conditions that typically expand the renter pool and support occupancy stability. The 1992 construction is newer than the neighborhood average, suggesting moderate capital planning and selective value-add opportunities (interiors, common areas, and energy systems) to strengthen competitive positioning against older properties while managing operating risk.
- Tight neighborhood occupancy and deep renter concentration support income durability
- 1992 vintage offers value-add potential versus older 1980s stock
- Amenity-rich location (restaurants, groceries, pharmacies) aids leasing and retention
- Elevated ownership costs in the area reinforce multifamily demand and pricing power
- Risks: rent-to-income pressures and below-average school ratings may require careful lease management and targeted marketing