| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 80th | Best |
| Demographics | 34th | Poor |
| Amenities | 63rd | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 7805 Reseda Blvd, Reseda, CA, 91335, US |
| Region / Metro | Reseda |
| Year of Construction | 1977 |
| Units | 54 |
| Transaction Date | 1995-09-18 |
| Transaction Price | $859,500 |
| Buyer | PERIS DAVID |
| Seller | DANIHEL MARI LORAINE |
7805 Reseda Blvd, Reseda CA Multifamily Investment
In a high-cost ownership pocket of the San Fernando Valley, steady renter demand and a majority renter-occupied housing stock support leasing durability, according to WDSuite’s CRE market data.
Reseda’s Urban Core setting combines everyday convenience with established multifamily dynamics. Neighborhood grocery and pharmacy access ranks in the top decile nationally, while restaurants are also dense compared with many U.S. areas; parks and café density are limited. The neighborhood carries a B- rating and is competitive for NOI per unit (top-quartile nationally), which supports underwriting for stabilized workforce housing.
Occupancy in the neighborhood tracks near national norms, and the renter-occupied share sits above the metro median, indicating a deeper tenant base for mid-market product. At the metro scale (Los Angeles-Long Beach-Glendale), these dynamics position the property to compete for a broad pool of renters rather than niche demand.
Within a 3-mile radius, households have increased in recent years and are projected to grow further as average household size trends smaller. This points to a larger tenant base and supports occupancy stability even if population growth is modest, based on CRE market data from WDSuite.
Ownership costs in the neighborhood are elevated by national standards, which tends to sustain reliance on rental housing and can aid lease retention. Meanwhile, rent-to-income levels indicate measured affordability pressure relative to coastal peers, suggesting room for disciplined rent strategies without overextending residents.
School quality benchmarks trail metro and national averages, which some residents may weigh in location decisions. Investors should balance this with the area’s convenience retail footprint and renter concentration when assessing long-term leasing performance.
Safety indicators for the neighborhood are competitive among Los Angeles-Long Beach-Glendale neighborhoods (ranked 210 out of 1,441), and the area scores above the national average for safety (around the 81st percentile). Year-over-year, both property and violent offense estimates have moved lower, a constructive trend for tenant retention and leasing stability, based on WDSuite’s CRE market data.
While crime can vary by block and over time, the combination of an above-metro standing and improving directional trends supports a prudent, long-term view of operating conditions without assuming uniform outcomes across the submarket.
Proximity to diversified employers—spanning life sciences, insurance, media, and energy—supports commuting convenience and a steady renter pipeline for workforce-oriented units. Featured employers below reflect realistic commute sheds that can bolster leasing and retention.
- Thermo Fisher Scientific — life sciences (4.1 miles)
- Farmers Insurance Exchange — insurance (4.2 miles) — HQ
- Charter Communications — telecommunications (11.0 miles)
- Occidental Petroleum — energy (11.8 miles) — HQ
- Live Nation Entertainment — entertainment (12.4 miles) — HQ
This 54-unit asset competes in a renter-heavy pocket of the San Fernando Valley where elevated home values reinforce multifamily demand. Neighborhood-level performance shows strong NOI per unit compared with national peers and occupancy near broader norms, while 3-mile trends point to more households and smaller household sizes—conditions that expand the tenant base and support stable operations. According to CRE market data from WDSuite, amenity access for daily needs is a local strength, though limited parks and café density should be considered in positioning.
Pricing power is underpinned by a high-cost ownership market and measured rent-to-income levels, favoring disciplined renewals and steady absorption rather than aggressive lease-ups. Key watch items include softer school benchmarks and the need to manage affordability pressure to sustain retention.
- Renter-heavy neighborhood and elevated ownership costs sustain demand for multifamily housing.
- Competitive NOI per unit and daily-needs amenities support stable operations.
- Within 3 miles, rising household counts and smaller household size expand the tenant base.
- Disciplined rent management supported by measured rent-to-income levels for retention.
- Risks: below-average school benchmarks and limited parks/café density may temper some demand.