| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 73rd | Fair |
| Demographics | 84th | Best |
| Amenities | 63rd | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 14360 Riverside Dr, Sherman Oaks, CA, 91423, US |
| Region / Metro | Sherman Oaks |
| Year of Construction | 2000 |
| Units | 20 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
14360 Riverside Dr Sherman Oaks Multifamily Investment
Neighborhood metrics point to a deep renter base and balanced occupancy, according to WDSuite’s CRE market data. For investors, the combination suggests durable demand with room to create value through operations and selective upgrades.
Situated in Sherman Oaks’ Urban Core, the property benefits from neighborhood fundamentals that are competitive among Los Angeles neighborhoods (ranked 236 out of 1,441). Parks and daily-needs access score well by national standards, with park and pharmacy density in the top decile, supporting everyday livability and resident retention.
For investors focused on occupancy stability, the neighborhood’s occupancy rate is around the national middle, while the share of housing units that are renter-occupied is high. This elevated renter concentration signals a large tenant base and supports leasing velocity for multifamily, based on CRE market data from WDSuite. At the same time, café and childcare density is limited locally, which may reduce some lifestyle convenience and should be considered in positioning.
Rents and incomes are on the higher side for the metro, and neighborhood home values are elevated versus national averages. In a high-cost ownership market, this dynamic tends to reinforce reliance on multifamily housing and can support pricing power, while the neighborhood’s rent-to-income levels indicate manageable affordability pressure from an investor standpoint.
The 2000 construction vintage is newer than the neighborhood’s typical 1970 stock, which can be a competitive advantage against older comparables. Even so, systems are reaching mid-life; investors should plan for targeted modernization to capture value-add upside and align finishes with the area’s renter expectations.
Neighborhood safety benchmarks are favorable in a regional and national context. The area performs competitive among Los Angeles neighborhoods (378 out of 1,441) and sits in the upper tier nationally for safety, indicating a comparatively lower risk profile for property-level incidents.
Recent trend data from WDSuite shows steep year-over-year declines in both property and violent offense rates. While conditions can vary by micro-location and time, these improvements support leasing stability and resident retention when paired with prudent on-site security practices.
Proximity to entertainment, media, and corporate services employers supports a broad white-collar renter base and commute convenience for residents. Nearby anchors include Radio Disney, Live Nation Entertainment, Charter Communications, Activision Blizzard Studios, and Occidental Petroleum.
- Radio Disney — corporate offices (6.0 miles)
- Live Nation Entertainment — entertainment HQ (6.3 miles) — HQ
- Charter Communications — telecommunications offices (6.5 miles)
- Activision Blizzard Studios — media & gaming offices (6.8 miles)
- Occidental Petroleum — energy corporate offices (6.8 miles) — HQ
This 20-unit, 2000-vintage asset offers relative competitiveness versus older neighborhood stock, with a renter-heavy housing base that supports a larger tenant pool. Neighborhood occupancy sits near the national middle, but the high renter-occupied share and elevated household incomes underpin steady absorption and potential for operational upside. According to CRE market data from WDSuite, elevated home values in the area help sustain reliance on rentals, supporting rent durability and lease retention.
Within a 3-mile radius, households have held firm and are projected to grow, even as average household size trends downward — a pattern that can expand the renter pool and support occupancy stability. Value creation is likely to come from targeted renovations, energy and systems updates, and focused amenity programming to differentiate from older comparator properties.
- Newer 2000 vintage offers a competitive edge versus older neighborhood stock with potential value-add through modernization.
- High share of renter-occupied housing supports a deep tenant base and leasing stability.
- Elevated ownership costs locally reinforce multifamily demand and can support pricing power with prudent lease management.
- Household growth within 3 miles and rising incomes point to sustained renter demand and retention.
- Risks: lifestyle amenities like cafés/childcare are thinner nearby, and broader economic shocks can affect leasing, so active asset management is important.