| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 86th | Best |
| Demographics | 88th | Best |
| Amenities | 89th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 14227 Magnolia Blvd, Sherman Oaks, CA, 91423, US |
| Region / Metro | Sherman Oaks |
| Year of Construction | 2005 |
| Units | 45 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
14227 Magnolia Blvd Sherman Oaks Multifamily Investment
Neighborhood fundamentals point to durable renter demand and occupancy stability, according to WDSuite’s CRE market data, with elevated ownership costs in Sherman Oaks reinforcing reliance on multifamily housing.
Situated in Sherman Oaks’ Urban Core, the property benefits from a high-amenity setting and strong neighborhood scores (A+). Amenities, parks, pharmacies, and food options rank in the upper tiers nationally, translating to everyday convenience tenants value and supporting lease retention. The neighborhood’s amenity profile is competitive among Los Angeles neighborhoods (top quartiles nationally across several categories), which typically underpins rent resilience in well-located assets.
Neighborhood occupancy is high at 96.9% (measured for the neighborhood, not the property), placing it in the upper national percentiles and signaling steady demand. The share of housing units that are renter-occupied is substantial at 55.8%, indicating a deep tenant base for multifamily. Median contract rents in the neighborhood have grown over the past five years, while a relatively modest rent-to-income ratio suggests room for disciplined pricing without overextending residents, supporting retention and cash flow stability.
Construction vintage in the neighborhood skews older (average 1983), while the subject’s 2005 build positions it as newer than much of the local stock—an advantage for competitiveness and near-term capital planning. Elevated home values (top national percentiles) and a high value-to-income profile indicate a high-cost ownership market; for investors, that typically sustains rental demand and reduces competition from for-sale alternatives.
Within a 3-mile radius, demographics show households edging higher recently and projected to expand further, even as average household size trends lower. This mix—flat-to-stable population with rising household counts—supports a larger renter pool over time and helps stabilize occupancy. Income measures in the 3-mile area are solid and projected to rise, which can support rent growth and enhance credit quality for multifamily tenants, based on CRE market data from WDSuite.
Safety indicators are comparatively favorable for Los Angeles, with the neighborhood performing above the metro median (ranked 416 among 1,441 metro neighborhoods) and in the upper national percentiles overall. Recent year-over-year declines in both violent and property offense rates point to improving conditions, landing in the strongest improvement brackets nationally. These trends are supportive of renter appeal and leasing stability, though investors should continue to monitor local patterns as part of standard risk management.
Proximity to major entertainment and telecom employers supports a diverse white-collar renter base and convenient commutes that can aid retention and leasing velocity. Nearby anchors include Radio Disney, Charter Communications, Live Nation Entertainment, Disney, and Activision Blizzard Studios.
- Radio Disney — media offices (5.9 miles)
- Charter Communications — telecom/corporate offices (6.1 miles)
- Live Nation Entertainment — entertainment HQ (6.8 miles) — HQ
- Disney — entertainment HQ (6.8 miles) — HQ
- Activision Blizzard Studios — gaming/entertainment offices (7.2 miles)
14227 Magnolia Blvd offers investors a 2005-vintage asset in a high-performing Sherman Oaks neighborhood where occupancy is elevated and the renter base is deep. The property competes favorably against an older local stock profile, while elevated ownership costs in the area reinforce long-run reliance on rentals. According to CRE market data from WDSuite, neighborhood rent levels have risen in recent years, and rent-to-income remains manageable relative to local incomes—supporting lease retention and cash flow durability.
Within a 3-mile radius, household counts are trending higher and are projected to grow further as household sizes decrease, effectively expanding the tenant base even with flat population levels. Strong incomes and proximity to major entertainment and telecom employers support demand for quality units and can help sustain occupancy and pricing power, with standard attention to lease management and competitive positioning.
- Newer 2005 vintage versus older neighborhood stock supports competitiveness and moderates near-term capex risk
- High neighborhood occupancy and substantial renter-occupied share underpin demand stability
- Elevated home values sustain renter reliance on multifamily, supporting pricing power
- 3-mile household growth and rising incomes expand the tenant base and credit quality
- Risks: population growth is flat and safety trends warrant monitoring; disciplined lease and expense management remain important