| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 72nd | Fair |
| Demographics | 31st | Poor |
| Amenities | 95th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1422 San Fernando Rd, San Fernando, CA, 91340, US |
| Region / Metro | San Fernando |
| Year of Construction | 2013 |
| Units | 20 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1422 San Fernando Rd San Fernando Multifamily Investment
Neighborhood multifamily occupancy in the mid‑90s suggests stable leasing conditions for this asset, according to WDSuite’s CRE market data. This takeaway reflects neighborhood metrics rather than property performance.
Located in San Fernando within Los Angeles County’s Urban Core, the neighborhood scores a B+ and ranks 430 out of 1,441 metro neighborhoods, placing it competitive among Los Angeles neighborhoods. Amenity access is a relative strength, with restaurants, groceries, and pharmacies placing the area in the top national percentiles, supporting renter convenience and day‑to‑day livability.
The neighborhood’s occupancy rate is reported in the mid‑90s and sits above the metro median, a positive indicator for income stability at comparable multifamily assets (neighborhood occupancy, not property‑specific). Median contract rents are higher than many U.S. areas but remain aligned with local incomes, and the rent‑to‑income profile indicates manageable affordability pressure that can support retention when paired with prudent lease management.
Within a 3‑mile radius, recent years show a modest population slip but a small increase in household counts, with forecasts pointing to further growth in households and rising incomes. For investors, a larger household base paired with income gains expands the potential tenant pool and can support occupancy stability over time, even as average household size trends lower.
Home values in the neighborhood are elevated relative to national norms and the value‑to‑income ratio sits in a high national percentile. In a high‑cost ownership market like this, many households continue to rely on rental housing, reinforcing depth of demand for well‑located units. Average school ratings in the area are below national medians, which can be a consideration for family‑oriented leasing; however, strong amenity access and commuter convenience help sustain appeal for a broad renter base.
The property’s 2013 vintage is newer than the neighborhood’s older housing stock (average construction year 1957), offering relative competitiveness versus older product while still allowing for targeted upgrades over time to maintain positioning.
Safety indicators are mixed. The neighborhood’s crime rank sits in the lower tier versus Los Angeles, below the metro median when compared against 1,441 neighborhoods, and its national percentile is also below average. Recent year trends indicate an uptick in both property and violent offense rates locally. For investors, this warrants prudent operating practices, security measures, and close monitoring of submarket trends, particularly during unit turns and lease‑up periods.
A diversified employment base within commuting distance supports renter demand, led by telecom, media/entertainment, life sciences, and insurance offices noted below.
- Charter Communications — telecom (8.4 miles)
- Radio Disney — media (11.0 miles)
- Disney — entertainment (11.3 miles) — HQ
- Thermo Fisher Scientific — life sciences (11.3 miles)
- Farmers Insurance Exchange — insurance (11.4 miles) — HQ
1422 San Fernando Rd is a 20‑unit, 2013‑built asset positioned in a neighborhood with strong amenity density and above‑median metro occupancy, supporting stable cash flow potential relative to older nearby stock. Elevated home values and a high value‑to‑income profile in the area reinforce sustained reliance on rental housing, while within a 3‑mile radius, household counts are trending upward and incomes are projected to rise—factors that can expand the renter pool and aid retention. According to CRE market data from WDSuite, neighborhood multifamily occupancy remains in the mid‑90s, underscoring demand durability at comparable assets.
The 2013 vintage provides a competitive edge versus much older neighborhood inventory, with optionality for targeted value‑add (e.g., interiors, common areas) to enhance positioning. Key watch‑items include safety metrics that trail national medians and lower average school ratings, which may necessitate thoughtful leasing strategies and resident experience investments.
- Above‑median neighborhood occupancy supports income stability (neighborhood metric, not property‑specific).
- 2013 vintage competes well against older local stock with room for selective upgrades.
- High ownership costs reinforce renter reliance, deepening multifamily demand.
- 3‑mile household and income growth expand the tenant base and support retention.
- Risk: Safety metrics below national medians and modest population softness warrant conservative underwriting and active management.