| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 80th | Best |
| Demographics | 34th | Poor |
| Amenities | 63rd | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 7850 Reseda Blvd, Reseda, CA, 91335, US |
| Region / Metro | Reseda |
| Year of Construction | 1978 |
| Units | 40 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
7850 Reseda Blvd, Reseda CA Multifamily Investment
Neighborhood occupancy has been stable near the metro median, suggesting durable renter demand in this Urban Core pocket of the San Fernando Valley, according to WDSuite’s CRE market data.
Located in Reseda within the Los Angeles metro, the neighborhood scores B- overall and sits above the metro median (rank 753 out of 1,441 neighborhoods). Daily needs are well served, with grocery access in the top decile nationally and pharmacies even stronger, while childcare density ranks competitively among Los Angeles neighborhoods. Parks and cafes are sparse locally, so resident recreation and third-space options may skew toward nearby submarkets.
For multifamily fundamentals, the share of housing units that are renter-occupied is high for the region, supporting a deep tenant base and consistent leasing activity. Neighborhood occupancy is roughly around the national middle but has eased modestly over five years, a factor investors should underwrite with attention to leasing strategy and renewal management.
Within a 3-mile radius, households have increased in recent years despite a slight population dip, implying smaller household sizes and a more distributed renter pool; WDSuite’s data indicates households are projected to rise further while average household size trends lower, which can support unit absorption and occupancy stability. Median contract rents in the neighborhood have climbed over the past five years, and multifamily property research points to continued pricing power where unit quality and management execution are strong.
Ownership costs in the area are elevated relative to incomes by national standards, which tends to sustain reliance on rental housing and can aid lease retention. School ratings average below national norms, which may slightly temper family-driven demand but is often less decisive for studio/one-bedroom product targeting workforce and young professional cohorts.
WDSuite s indicators place the neighborhood in the top quartile nationally for overall safety, with property and violent offense metrics that are better than many peer areas across the country. Year-over-year trends show notable improvement in both property and violent offense estimates, a constructive signal for resident perception and long-term tenancy.
Within the Los Angeles metro (1,441 neighborhoods), the area is competitive, though pockets of higher activity can still exist in urban settings. Investors should focus on property-level controls and lighting, while recognizing that recent trend improvements support steady leasing and renewal outcomes.
The employment base nearby mixes life sciences, insurance, media, and energy, supporting commuter convenience and a broad renter pool tied to stable corporate demand. Employers highlighted below reflect accessible commutes that can aid tenant retention and leasing velocity.
- Thermo Fisher Scientific life sciences (4.1 miles)
- Farmers Insurance Exchange insurance (4.3 miles) HQ
- Charter Communications telecommunications (11.0 miles)
- Occidental Petroleum energy (11.9 miles) HQ
- Live Nation Entertainment entertainment (12.4 miles) HQ
This 40-unit asset sits in a renter-heavy Urban Core location with neighborhood NOI per unit metrics that rank among the top decile nationally, indicating strong revenue potential when paired with effective operations. Household growth within a 3-mile radius, alongside a downshift in average household size, points to a larger tenant base over time and supports occupancy stability. Elevated ownership costs relative to incomes in the neighborhood sustain reliance on multifamily, while neighborhood occupancy trends near the national middle suggest disciplined leasing and renewal management will drive outcomes, based on CRE market data from WDSuite.
Rents have grown meaningfully in the neighborhood over the past five years, and projected income gains in the surrounding 3-mile area can underpin continued demand for well-positioned units. Key watchpoints include below-average school ratings and limited parks/cafes, plus a modest softening in neighborhood occupancy over recent years—factors that call for targeted amenities and resident programming to maintain retention.
- Renter-occupied housing concentration supports a deep tenant base and steady leasing.
- Top-decile neighborhood NOI per unit signals revenue potential with solid management.
- 3-mile household growth and smaller household sizes expand the renter pool.
- Elevated ownership costs reinforce rental demand and pricing power for quality units.
- Risk: below-average school ratings and easing neighborhood occupancy require focused leasing and retention strategies.