| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 80th | Best |
| Demographics | 87th | Best |
| Amenities | 32nd | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 14543 Burbank Blvd, Sherman Oaks, CA, 91411, US |
| Region / Metro | Sherman Oaks |
| Year of Construction | 1985 |
| Units | 35 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
14543 Burbank Blvd Sherman Oaks Multifamily Investment
This 35-unit property built in 1985 operates in a neighborhood ranking in the top quartile nationally for demographics, with 97.2% occupancy rates and median household income of $138,376 according to CRE market data from WDSuite.
Sherman Oaks presents strong multifamily fundamentals with neighborhood-level occupancy at 97.2%, ranking in the 85th percentile nationally. The area maintains a median household income of $138,376, placing it in the 91st percentile among U.S. neighborhoods. Demographics within a 3-mile radius show 66.6% of housing units are renter-occupied, supporting sustained rental demand in this urban core location.
The neighborhood's B+ rating reflects solid investment metrics, ranking 429th among 1,441 metro neighborhoods. Median contract rents of $1,938 have grown 39.3% over five years, while the rent-to-income ratio of 0.14 suggests manageable affordability for area renters. Home values averaging over $1 million reinforce rental demand as elevated ownership costs keep households in the multifamily market.
Built in 1985, this property aligns with the neighborhood's average construction year of 1964, though its newer vintage may offer competitive advantages in maintenance costs compared to older area stock. The location benefits from proximity to major employers including Disney headquarters and Live Nation Entertainment within 7-8 miles, supporting workforce housing demand. Forecasted demographic trends show household income growth of 43% through 2028, potentially strengthening tenant quality and retention rates.
Crime metrics show the neighborhood ranking 225th among 1,441 Los Angeles metro neighborhoods, placing it in the 81st percentile nationally for safety. Property offense rates have declined significantly by 89% year-over-year, while violent crime rates dropped 96.2% over the same period, indicating improving security conditions that support tenant retention and property values.
These safety improvements position the area competitively within the broader Los Angeles market, with crime trends moving in a favorable direction for multifamily investors focused on long-term stability and resident satisfaction.
Major corporate employers within commuting distance provide workforce housing demand, led by entertainment and technology companies that anchor the regional economy.
- Charter Communications — telecommunications (6.3 miles)
- Radio Disney — entertainment media (6.4 miles)
- Disney — entertainment conglomerate (7.3 miles) — HQ
- Live Nation Entertainment — live entertainment (7.4 miles) — HQ
- Activision Blizzard Studios — gaming and entertainment (7.8 miles)
This Sherman Oaks property operates in a neighborhood with exceptional occupancy stability at 97.2% and strong demographic fundamentals, ranking in the top quartile nationally. Built in 1985, the property offers potential value-add opportunities while benefiting from proximity to major entertainment and technology employers including Disney headquarters. Forecasted household income growth of 43% through 2028 supports rent growth potential, while the high renter concentration of 66.6% reinforces sustained demand for multifamily housing.
Commercial real estate analysis from WDSuite indicates the neighborhood's NOI per unit averaging $10,910 ranks in the 84th percentile nationally, suggesting strong operational performance among area properties. However, investors should monitor the rent-to-income dynamics and potential competition from the significant home value appreciation in the broader market.
- Neighborhood occupancy of 97.2% ranks in 85th percentile nationally
- Strong demographic profile with top quartile income levels
- Proximity to major corporate employers supports workforce housing demand
- 1985 construction year offers value-add renovation potential
- Risk consideration: Monitor affordability pressures as home values exceed $1 million