| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 80th | Good |
| Demographics | 30th | Poor |
| Amenities | 64th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 8101 Sepulveda Blvd, Panorama City, CA, 91402, US |
| Region / Metro | Panorama City |
| Year of Construction | 2012 |
| Units | 87 |
| Transaction Date | 2008-10-17 |
| Transaction Price | $3,500,000 |
| Buyer | LA CORUNA SENIOR APARTMENTS L P |
| Seller | LA CORUNA SENIOR APARTMENTS LLC |
8101 Sepulveda Blvd Panorama City Multifamily Investment
Neighborhood fundamentals point to durable renter demand and high occupancy, according to WDSuite’s CRE market data. Newer vintage relative to local stock supports competitive positioning and steady leasing.
Panorama City’s Urban Core location offers daily-life convenience that supports leasing: restaurants and cafes are dense by Los Angeles standards, and grocery and pharmacy access rates well above national norms. Parks and licensed childcare are limited in the immediate area, so on-site amenities can help capture and retain tenants who value recreation and family services.
The neighborhood’s housing stock skews renter-occupied, indicating a deep tenant base for multifamily. Within a 3-mile radius, approximately 62% of housing units are renter-occupied, reinforcing demand depth and lease-up stability for properties of similar scale.
Rents in the neighborhood sit above many U.S. peers while remaining below the cost of ownership in this high-cost Los Angeles market. Elevated home values and a high value-to-income ratio tend to sustain reliance on rental housing, which can support pricing power and resident retention for well-managed assets.
Households within a 3-mile radius have increased over the past five years even as population edged lower, reflecting smaller household sizes and a broader household count. Forward-looking projections show additional growth in households and incomes alongside a further decrease in average household size, which typically expands the renter pool and supports occupancy stability for mid-size assets.
From a competitive standpoint, neighborhood occupancy performance sits in the top quartile among 1,441 Los Angeles-Long Beach-Glendale neighborhoods and ranks highly nationwide, per WDSuite’s CRE market data. The property’s 2012 vintage is newer than the neighborhood average construction year, suggesting an edge versus older stock while still benefiting from targeted refreshes as systems age.
Safety indicators benchmark favorably in national context. Overall crime measures sit in higher national percentiles (safer relative to many U.S. neighborhoods), and violent offense rates are in a similarly strong range, according to WDSuite’s CRE market data. Year over year, violent offense estimates show significant improvement, while property offense levels appear closer to the national middle—suggesting investors should underwrite typical urban precautions rather than extraordinary risks.
At the metro level, the neighborhood compares well against many Los Angeles peers. Use standard operating procedures for access control, lighting, and surveillance to maintain leasing velocity and support resident retention.
Regional employment anchors within commuting distance provide a diversified white-collar and media/entertainment base that supports renter demand and retention. The list below highlights nearby corporate offices relevant to workforce housing dynamics.
- Charter Communications — telecommunications (7.1 miles)
- Thermo Fisher Scientific — life sciences (7.8 miles)
- Farmers Insurance Exchange — insurance (8.1 miles) — HQ
- Radio Disney — media (8.5 miles)
- Disney — media & entertainment (9.2 miles) — HQ
Built in 2012 with 87 units averaging roughly 833 square feet, 8101 Sepulveda Blvd is newer than much of the surrounding housing stock, offering competitive positioning versus older assets across the submarket. Neighborhood occupancy trends sit in the top quartile metro-wide and are strong nationally, while a high-cost ownership landscape in Los Angeles tends to reinforce rental demand and support pricing power for professionally managed multifamily. Based on commercial real estate analysis from WDSuite, the area’s renter concentration and steady amenity access underpin leasing stability.
Within a 3-mile radius, households are rising even as population trends soften and average household size declines—conditions that typically expand the renter pool and support occupancy stability. The combination of dense food and daily retail options, proximity to diverse employment centers, and modern-vintage construction creates a straightforward operational story with modest value-add potential through unit and common-area updates over time.
- Strong occupancy environment and deep renter base support stable leasing
- 2012 vintage offers competitive edge versus older neighborhood stock
- High-cost ownership market sustains rental demand and pricing power
- 3-mile household growth and smaller household sizes expand the renter pool
- Risk: limited parks/childcare nearby and modest population contraction warrant amenity programming and prudent underwriting