| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 79th | Good |
| Demographics | 85th | Best |
| Amenities | 60th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 14658 Magnolia Blvd, Sherman Oaks, CA, 91403, US |
| Region / Metro | Sherman Oaks |
| Year of Construction | 1985 |
| Units | 20 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
14658 Magnolia Blvd Sherman Oaks Multifamily Investment
Positioned in a high-cost ownership pocket of Sherman Oaks, the property benefits from deep renter demand and steady neighborhood occupancy, according to WDSuite s CRE market data.
Sherman Oaks s Magnolia Blvd corridor offers strong day-to-day convenience for renters. Neighborhood amenities index in the upper national percentiles for groceries, pharmacies, and restaurants, while immediate access to parks and cafes is thinner. Within the Los Angeles Long Beach Glendale metro, the neighborhood ranks 198 out of 1,441, placing it in the top quartile among metro neighborhoods and signaling durable fundamentals for multifamily.
Neighborhood occupancy is in the low 90s, supporting income stability for well-managed assets. Renter concentration is high (above the 90th percentile nationally), which suggests a deep tenant base and healthy leasing velocity for comparable properties. Median contract rents benchmark toward the higher end nationally, consistent with the submarket s earning profile.
Elevated home values (upper-90s percentiles nationally) reinforce reliance on multifamily housing, which can aid retention and pricing power over time. At the same time, the neighborhood s rent-to-income profile indicates relatively lower affordability pressure than many coastal peers, a constructive setup for lease management in professionally operated buildings.
Demographic statistics aggregated within a 3-mile radius show households edging higher through the forecast period alongside rising incomes, even as average household size trends smaller. That combination typically supports a larger renter pool and sustained demand for quality units near employment and amenities, based on commercial real estate analysis from WDSuite.
Safety indicators compare favorably versus many Los Angeles metro neighborhoods, with the area performing above average and landing in higher national percentiles. Year-over-year readings show notable improvement across key categories, which supports leasing stability and resident retention without making block-level claims.
Within the Los Angeles Long Beach Glendale metro framework of 1,441 neighborhoods, the local crime ranking sits in a stronger cohort, aligning with the neighborhood s A rating. Investors should still underwrite standard security and lighting enhancements appropriate for urban core assets.
Proximity to major media and corporate employers underpins a large professional renter base and short commute options, supporting leasing and retention for workforce and market-rate units. Notable nearby employers include Radio Disney, Charter Communications, Live Nation Entertainment, Occidental Petroleum, and Disney.
- Radio Disney corporate offices (6.4 miles)
- Charter Communications corporate offices (6.6 miles)
- Live Nation Entertainment corporate offices (6.9 miles) HQ
- Occidental Petroleum corporate offices (7.3 miles) HQ
- Disney corporate offices (7.3 miles) HQ
Built in 1985, this 20-unit asset is slightly newer than the neighborhood s average vintage, offering competitive positioning versus older stock while leaving room for selective modernization to drive rents and retention. The submarket s high renter-occupied share and low-90s neighborhood occupancy point to a broad tenant base and dependable income, according to CRE market data from WDSuite.
Sherman Oaks elevated ownership costs continue to reinforce rental demand, and 3-mile demographic trends indicate more households and higher incomes over the next few years a constructive setup for stabilized cash flow and targeted value-add programs. Amenity access is strongest for daily needs (grocers, pharmacies, restaurants), with thinner park and cafe density factors to consider in positioning and resident experience planning.
- Slightly newer 1985 vintage supports competitive positioning with potential for targeted renovations
- High renter concentration and solid neighborhood occupancy support leasing stability
- High-cost ownership market sustains multifamily demand and pricing power
- 3-mile household growth and rising incomes expand the renter pool and support absorption
- Risks: amenity gaps in parks/cafes and typical CapEx for 1980s systems; monitor any occupancy drift