| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 78th | Good |
| Demographics | 42nd | Fair |
| Amenities | 78th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 7225 Amigo Ave, Reseda, CA, 91335, US |
| Region / Metro | Reseda |
| Year of Construction | 1989 |
| Units | 26 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
7225 Amigo Ave Reseda Multifamily Demand Thesis
Neighborhood fundamentals point to steady renter demand and occupancy stability, according to WDSuite’s CRE market data, with a high share of renter-occupied units in the surrounding area. Elevated ownership costs nearby support leasing resilience for well-managed assets.
Located in Reseda within the Los Angeles-Long Beach-Glendale metro, the neighborhood rates B and is competitive among metro peers (ranked in the stronger half of 1,441 neighborhoods). Restaurants are dense (top quartile nationally), and both pharmacies and childcare access score in the top national percentiles, while parks and cafes are limited. For investors, this mix suggests convenient daily needs and services nearby, with fewer lifestyle amenities that depend on park and cafe density.
Renter concentration in the neighborhood is high, with a majority of housing units renter-occupied (top decile nationally). That depth of the tenant base supports multifamily leasing and renewals, while the neighborhood occupancy level sits above national mid-range, pointing to generally stable unit absorption across cycles.
Home values are elevated locally and the value-to-income ratio ranks in the top national percentiles, indicating a high-cost ownership market that tends to reinforce reliance on rental housing. Median asking rents in the neighborhood are also elevated (upper deciles nationally), so operators should balance pricing power with resident retention strategies as rent-to-income ratios indicate some affordability pressure. These dynamics are supported by commercial real estate analysis from WDSuite at the neighborhood level, not the property.
Within a 3-mile radius, demographics show households increased in recent years and are projected to rise further even as total population trends soft, implying smaller household sizes and a larger share of households living in apartments. Projected rent growth within this radius also supports revenue management and lease-up prospects for competitive assets.
The property’s 1989 vintage is newer than the neighborhood’s average construction year, giving it a relative competitive edge versus older stock; investors should still underwrite targeted modernization and systems updates to support positioning and reduce near-term capex surprises.
Safety indicators benchmark favorably versus many neighborhoods nationwide, with overall crime measures landing in higher national percentiles (safer relative to peers). According to WDSuite, both violent and property offense estimates show sharp year-over-year declines in the neighborhood, signaling an improving trend rather than a one-off fluctuation. As always, investors should evaluate submarket- and asset-level patterns over time.
Interpret these metrics as neighborhood-level context for underwriting; block-by-block conditions can vary, and prudent diligence should include recent comparables, management input, and insurer feedback.
Nearby employment draws span life sciences, insurance, media, and energy, supporting a diverse renter pool and commute convenience for workforce housing. Notable employers include Thermo Fisher Scientific, Farmers Insurance, Charter Communications, Occidental Petroleum, and Live Nation Entertainment.
- Thermo Fisher Scientific — life sciences (3.6 miles)
- Farmers Insurance Exchange — insurance (3.8 miles) — HQ
- Charter Communications — telecommunications (11.1 miles)
- Occidental Petroleum — energy (11.2 miles) — HQ
- Live Nation Entertainment — entertainment (11.9 miles) — HQ
7225 Amigo Ave is a 26-unit asset in a neighborhood with durable renter demand, supported by a high share of renter-occupied housing and occupancy that sits above the national mid-range. Elevated home values in this part of Los Angeles indicate a high-cost ownership market, which tends to support leasing stability and pricing power for competitive multifamily. The property’s 1989 construction is newer than the neighborhood average, offering relative positioning against older stock while warranting targeted modernization planning.
Within a 3-mile radius, households have grown and are projected to increase meaningfully even as population edges down, pointing to smaller household sizes and a potentially expanding renter pool. Forecast rent levels in the same radius are expected to rise, which, combined with neighborhood-level stability, supports a medium-term income thesis — based on CRE market data from WDSuite rather than property-specific performance.
- High renter-occupied share in the neighborhood supports depth of tenant demand and renewals.
- Occupancy trends above national mid-range indicate stable leasing fundamentals.
- Elevated ownership costs nearby reinforce reliance on multifamily housing.
- 1989 vintage offers competitive positioning versus older stock with value-add via modernization.
- Risk: Elevated rents and limited park/cafe density call for careful pricing and amenity strategy to sustain retention.