| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 80th | Best |
| Demographics | 34th | Poor |
| Amenities | 63rd | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 7901 Reseda Blvd, Reseda, CA, 91335, US |
| Region / Metro | Reseda |
| Year of Construction | 1987 |
| Units | 27 |
| Transaction Date | 1998-12-16 |
| Transaction Price | $1,150,000 |
| Buyer | MIU SIN INVESTMENTS |
| Seller | DANIHELS LEO |
7901 Reseda Blvd, Reseda CA Multifamily Investment
Neighborhood fundamentals support steady renter demand and pricing discipline, according to WDSuite’s CRE market data. Note that occupancy and rent trends cited here reflect the surrounding neighborhood, not performance at the property.
Reseda’s Urban Core location offers daily-life convenience with strong access to essentials. Neighborhood amenity depth is above the metro median (rank 522 of 1,441 Los Angeles neighborhoods), with pharmacies and grocery options scoring in the high national percentiles, which helps support leasing retention for workforce renters. Restaurant density is also competitive nationally. Average school ratings in the neighborhood are low, which can temper appeal for some households, but renters focused on commute convenience and services should find the area functional.
The neighborhood’s renter concentration is high, with 58.6% of housing units renter-occupied (93rd percentile nationally). For investors, this indicates a deep tenant base and durable multifamily demand, even as occupancy across the neighborhood has hovered around the metro middle in recent years. Median contract rents in the area have risen over the past five years and are projected to continue increasing, which can support revenue management, though operators should monitor affordability pressure and renewal strategies.
For asset positioning, vintage matters. The property was built in 1987, newer than the neighborhood’s average housing stock (1977). That relative youth can be a competitive edge versus older product, while still leaving room for targeted capital projects (systems, interiors, curb appeal) to drive value-add upside and operational efficiency.
Within a 3-mile radius, WDSuite’s data shows household counts have increased while population has edged lower, implying smaller average household sizes and a shift toward more households. This typically expands the renter pool for studios and 1–2 bedroom layouts and can support occupancy stability. Elevated home values in the neighborhood (93rd percentile nationally) point to a high-cost ownership market, which tends to sustain reliance on multifamily housing; at the same time, rent-to-income metrics indicate room for disciplined rent growth without significantly increasing retention risk. These dynamics, taken together, are favorable in a balanced commercial real estate analysis.
Safety trends are comparatively favorable for Los Angeles. The neighborhood ranks 210 out of 1,441 metro neighborhoods, placing it among the safer parts of the metro and in the top quintile nationally (81st percentile). Year over year, both property and violent offense estimates have improved materially, according to WDSuite’s datasets. While micro-block conditions can vary, the broader trend supports renter confidence and can aid leasing and renewal performance.
Nearby corporate offices provide a diversified employment base that supports renter demand and commute convenience, including life sciences, insurance, telecommunications, energy, and entertainment employers listed below.
- 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 (12.5 miles) — HQ
Built in 1987 with 27 units averaging ~1,040 square feet, the asset skews newer than much of the local housing stock, offering relative competitiveness versus older product while retaining value-add potential through targeted upgrades. Neighborhood data from WDSuite indicates a sizable renter-occupied share and a sustained, service-rich location, supporting a stable tenant base and steady leasing velocity. According to CRE market data from WDSuite, rents have trended upward and are projected to continue rising, reinforcing pricing power if operators manage affordability and renewal risk thoughtfully.
Within a 3-mile radius, households are up even as total population trends modestly lower, implying smaller household sizes and more households entering the market—conditions that can expand the renter pool and support occupancy. Elevated ownership costs in the neighborhood further reinforce reliance on multifamily housing. Key watch items include softer school ratings and the need to balance rent growth with retention as affordability tightens.
- Newer 1987 vintage vs. neighborhood average, with value-add upside via selective modernization
- High renter concentration supports depth of tenant demand and leasing stability
- Rising neighborhood rents and strong essentials access underpin revenue management
- Household growth within 3 miles suggests a larger renter pool despite slight population softening
- Risks: lower school ratings and potential affordability pressure require careful renewal and pricing strategy