| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 78th | Good |
| Demographics | 42nd | Fair |
| Amenities | 78th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 7528 Canby Ave, Reseda, CA, 91335, US |
| Region / Metro | Reseda |
| Year of Construction | 1975 |
| Units | 22 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
7528 Canby Ave, Reseda CA Multifamily Investment
Stabilized renter demand in an Urban Core pocket of the San Fernando Valley, with neighborhood occupancy around the mid-90s and strong renter concentration, according to WDSuite s CRE market data.
Reseda s Urban Core setting offers everyday convenience that supports leasing: restaurants are dense for Los Angeles standards (competitive nationally), with strong access to groceries and pharmacies. Caf s and parks are thinner locally, so walk-to-lifestyle skews practical rather than boutique. Average school ratings land near national mid-range, which fits workforce-oriented demand profiles.
The neighborhood s renter-occupied share is elevated (over half of housing units), indicating a deep tenant base and durable demand for multifamily. Neighborhood occupancy is approximately 94.3%, suggesting generally steady leasing and retention potential versus more cyclical submarkets.
Home values sit at the higher end nationally for comparable neighborhoods in Los Angeles, creating a high-cost ownership market. That context typically sustains reliance on rental housing, supporting pricing discipline and lease-up consistency for well-positioned properties. Median contract rents in the area are also elevated, so operators should monitor rent-to-income dynamics to balance pricing power with retention.
Within a 3-mile radius, recent trends point to modest population softening but an increase in households and smaller average household sizes. For investors, that combination can expand the renter pool and support occupancy stability even as demographics shift. Construction vintages in the neighborhood average late-1960s; with a 1975 build, this asset is somewhat newer than local stock, which can be operationally competitive while still benefiting from targeted system upgrades or value-add renovations.
Neighborhood safety indicators compare favorably in a national context, trending in the top quartile nationwide based on WDSuite s CRE market data. Relative to Los Angeles metro peers, the area performs above the metro median among 1,441 neighborhoods.
Recent estimates also show notable year-over-year declines in both violent and property offenses, suggesting improving conditions. As always, investors should review submarket-level trends and management practices, rather than relying on block-level assumptions.
Nearby corporate employers provide a diversified white-collar employment base that supports renter demand and reduces commute friction for residents. The list below highlights major names within typical commuting distance that align with this submarket s workforce profile.
- Thermo Fisher Scientific life sciences (4.0 miles)
- Farmers Insurance Exchange insurance (4.2 miles) HQ
- Charter Communications telecommunications (10.9 miles)
- Occidental Petroleum energy (11.5 miles) HQ
- Radio Disney media (11.6 miles)
This 22-unit, 1975-vintage asset offers exposure to a renter-heavy pocket of the San Fernando Valley where neighborhood occupancy trends near the mid-90s and home values remain elevated versus national peers. That backdrop supports demand depth and pricing discipline for well-managed units, while compact average unit sizes can position the property competitively for value-oriented renters.
The asset is slightly newer than the neighborhood s late-1960s average, implying relative competitiveness against older stock; targeted capital plans around building systems and interior refreshes can unlock value-add potential. Within a 3-mile radius, households have increased and are projected to continue rising as average household size declines a setup that can expand the renter base and support occupancy, according to commercial real estate analysis from WDSuite.
- Renter-heavy neighborhood with occupancy around the mid-90s supports leasing stability
- High-cost ownership market underpins sustained rental demand and pricing discipline
- 1975 vintage offers value-add potential via system upgrades and interior modernization
- 3-mile trends show rising household counts and smaller household sizes, expanding the renter pool
- Risks: middling school ratings and thinner park/caf amenities may temper certain demand segments; monitor rent-to-income to protect retention