| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 81st | Best |
| Demographics | 87th | Best |
| Amenities | 79th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 14930 Moorpark St, Sherman Oaks, CA, 91403, US |
| Region / Metro | Sherman Oaks |
| Year of Construction | 1986 |
| Units | 32 |
| Transaction Date | 2000-04-27 |
| Transaction Price | $1,400,000 |
| Buyer | KAYLOR CORP |
| Seller | 14930 MOORPARK LLC |
14930 Moorpark St Sherman Oaks Multifamily in High-Cost Market
Neighborhood data points to a deep renter base and durable demand supported by elevated ownership costs, according to WDSuite’s CRE market data; these are neighborhood metrics, not property performance.
Sherman Oaks’ Urban Core setting offers strong daily-life convenience for renters. Neighborhood amenities test well nationally: restaurants and cafes sit in the upper percentiles, pharmacies are near the top nationwide, and grocery access is robust. This depth of services supports leasing velocity and retention for multifamily assets serving convenience-focused households.
Within the Los Angeles-Long Beach-Glendale metro, the neighborhood is competitive among Los Angeles-Long Beach-Glendale neighborhoods (rank 66 of 1,441) based on overall scores. Amenity access also performs competitively against metro peers (amenity rank 204 of 1,441) while national percentiles for restaurants (98th), cafes (97th), groceries (91st), and pharmacies (99th) indicate top-quartile positioning nationally. Park access is limited, which may modestly temper some lifestyle appeal.
For investors evaluating demand depth, the share of housing units that are renter-occupied is high in this neighborhood (68.9%), placing it in a strong national percentile and indicating a sizable tenant base for multifamily. Neighborhood occupancy trends sit near the national middle and have softened modestly over five years, suggesting the need for active leasing and asset management to maintain stability.
Housing costs signal a high-cost ownership market (median home values are elevated and value-to-income ratios rank near the top nationally), a context that tends to reinforce reliance on rental housing and can support pricing power for well-located assets. Rent-to-income levels in the neighborhood remain comparatively manageable, which can aid lease retention and limit affordability pressure. The property’s 1986 vintage is newer than the neighborhood’s average construction year (1975), offering relative competitiveness versus older stock; targeted system updates and modernizations can further enhance positioning. Demographic statistics are aggregated within a 3-mile radius and show households holding steady recently with forecasts calling for a notable increase in households and smaller average household sizes by 2028—factors that expand the renter pool and support occupancy.
Safety indicators compare favorably at the neighborhood level. The neighborhood’s crime rank is competitive among Los Angeles-Long Beach-Glendale neighborhoods (359 out of 1,441), and national positioning is strong (roughly mid-70s percentile), indicating comparatively safer conditions than many U.S. neighborhoods. Recent year-over-year trends show material declines in both violent and property offense estimates, which, if sustained, support renter confidence and leasing stability. As always, conditions can vary by block and over time; investors should corroborate trends during on-site diligence.
Proximity to major corporate employers underpins a diverse white-collar renter base and commute convenience for residents, notably across entertainment, energy, and engineering. The list below reflects nearby anchors likely to support leasing and retention.
- Live Nation Entertainment — entertainment HQ (6.45 miles) — HQ
- Occidental Petroleum — energy HQ (6.53 miles) — HQ
- Radio Disney — media offices (6.70 miles)
- Activision Blizzard Studios — gaming & media offices (6.81 miles)
- AECOM — engineering & infrastructure HQ (6.94 miles) — HQ
Adjacent to a dense amenity ecosystem and a large renter-occupied housing base, 14930 Moorpark St is positioned for durable multifamily demand in a high-cost ownership environment. According to CRE market data from WDSuite, neighborhood rents, incomes, and amenity access trend well versus national benchmarks, while occupancy sits around the national middle—favorable for steady operations with attentive leasing. The 1986 vintage is newer than the neighborhood average, offering a competitive edge versus older stock and potential to capture incremental rent through targeted upgrades.
Forward-looking neighborhood dynamics (3-mile radius) point to an increase in households and smaller average household sizes by 2028, expanding the tenant base and supporting occupancy stability. Nearby anchor employers across entertainment, energy, and engineering strengthen weekday demand and can aid retention for residents prioritizing short commutes.
- High renter-occupied share and elevated ownership costs support deep, resilient multifamily demand.
- Amenity-rich Urban Core location with top-quartile national access to dining, cafes, groceries, and pharmacies.
- 1986 vintage offers relative competitiveness; strategic upgrades can unlock value and leasing momentum.
- Household growth and smaller household sizes within 3 miles expand the renter pool and support occupancy.
- Risks: limited park access and mid-pack neighborhood occupancy require active management and differentiated resident experience.