| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 80th | Best |
| Demographics | 34th | Poor |
| Amenities | 63rd | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 7841 Reseda Blvd, Reseda, CA, 91335, US |
| Region / Metro | Reseda |
| Year of Construction | 1976 |
| Units | 76 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
7841 Reseda Blvd, Reseda Multifamily Investment
Neighborhood-level occupancy has held near the metro middle while renter concentration remains elevated, signaling a durable tenant base according to WDSuite’s CRE market data.
Positioned in Reseda within the Los Angeles metro, the neighborhood rates B- overall and is competitive among Los Angeles-Long Beach-Glendale neighborhoods (ranked 753 out of 1,441). Daily-needs access is a relative strength: grocery and pharmacy availability sit in the top decile nationally, while restaurants are also above average. Park access and cafes are limited, which can reduce lifestyle appeal for some renters but does not typically impair workforce demand.
For investors, tenure patterns point to a deep renter pool: the share of housing units that are renter-occupied is high (top decile nationally), supporting leasing velocity and renewal depth. Neighborhood occupancy sits around the national midpoint, with a modest multi-year softening; that combination suggests stable operations but places a premium on property-level management and amenity positioning to capture demand.
Home values are elevated relative to income (value-to-income near the national top percentile), creating a high-cost ownership market that tends to sustain reliance on multifamily housing and supports pricing power. At the same time, rent-to-income metrics are comparatively manageable versus many coastal submarkets, which can aid lease retention and reduce turnover risk.
Within a 3-mile radius, households have increased modestly despite slight population contraction, and are projected to grow further alongside smaller household sizes by 2028. This shift typically expands the number of renting households and supports occupancy stability, even as overall population levels ebb. Average school ratings in the neighborhood track below national norms, which may matter less for workforce-oriented assets but can influence unit mix and marketing strategy.
Safety indicators are comparatively favorable in a national context: the neighborhood ranks in the top quartile nationwide for overall crime safety, and recent year-over-year trends show notable improvements in both property and violent offense rates. Within the Los Angeles metro’s 1,441 neighborhoods, this places the area above the metro median for perceived safety, though conditions can vary block to block.
Investors should view these metrics as neighborhood-level signals rather than property-specific guarantees; continued monitoring of trend direction and on-the-ground management practices remains prudent for resident experience and retention.
Proximity to major employers supports steady renter demand and commute convenience, including Thermo Fisher Scientific, Farmers Insurance Exchange, Charter Communications, Occidental Petroleum, and Live Nation Entertainment.
- 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 76-unit asset sits in a renter-heavy Reseda submarket where neighborhood occupancy trends hover near the national midpoint and daily-needs proximity is strong. Elevated ownership costs in Los Angeles underpin sustained multifamily reliance, while rent-to-income dynamics here are more manageable than many coastal peer areas—an advantage for lease retention and steady collections, based on CRE market data from WDSuite.
Within a 3-mile radius, households have been rising and are projected to increase further even as household sizes decline, implying a larger base of renting households over time. Neighborhood operating performance indicators (including NOI per unit at a nationally strong level) support the case for stable cash flow with selective value-add to compete for renewals, balanced against modest school quality and pockets of amenity gaps like limited parks and cafes.
- Renter-occupied share in the neighborhood is high, supporting depth of tenant demand and leasing stability.
- Elevated ownership costs reinforce multifamily reliance and pricing power relative to metro peers.
- Household growth within 3 miles and smaller household sizes expand the local renter pool over time.
- Neighborhood occupancy is around the national midpoint; disciplined management and amenities are key to outperform.
- Risks: below-average school ratings and limited parks/cafes may constrain appeal for some renter segments.