| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 73rd | Fair |
| Demographics | 88th | Best |
| Amenities | 35th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 4320 Van Nuys Blvd, Sherman Oaks, CA, 91403, US |
| Region / Metro | Sherman Oaks |
| Year of Construction | 1985 |
| Units | 46 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
4320 Van Nuys Blvd Sherman Oaks Multifamily Opportunity
Neighborhood indicators point to a high-income renter base and premium rent positioning that can support stable leasing, according to WDSuite’s CRE market data. These are neighborhood-level signals, not property performance, and they suggest durable demand in Sherman Oaks’ inner-suburban context.
Situated in Sherman Oaks’ Inner Suburb context, the neighborhood is competitive among Los Angeles-Long Beach-Glendale neighborhoods (ranked 467 out of 1,441) with a B+ neighborhood rating. Local housing stock skews older, and a 1985 construction year positions this asset newer than the neighborhood average (1974), supporting relative competitiveness versus older comparables while still warranting capital planning for aging systems and potential modernization to capture premium tenants.
Livability signals are mixed but investor-friendly in key areas. Demographic strength registers in the top national percentiles, reflecting a deep professional renter pool, while local occupancy at the neighborhood level trends below national norms—an execution consideration for lease management and pricing. Within a 3-mile radius, approximately six in ten housing units are renter-occupied, indicating meaningful depth of tenant demand for multifamily and supporting leasing continuity across market cycles.
Location fundamentals emphasize income and ownership dynamics. Elevated home values (top national percentile) characterize a high-cost ownership market, which typically sustains renter reliance on multifamily housing and can reinforce lease retention and pricing power for well-maintained product. Median contract rents in the immediate neighborhood sit in the national top decile with notable five-year growth, underscoring the area’s willingness to pay—yet also calling for attentive affordability and renewal strategies to protect occupancy.
Amenity distribution is uneven: parks access scores well nationally, while immediate counts of cafes, groceries, and pharmacies are thinner, suggesting residents likely tap nearby corridors for daily needs. For investors, that combination points to lifestyle appeal with some dependence on broader submarket retail, reinforcing the importance of on-site conveniences and property-level services to support retention.
Neighborhood safety indicators compare favorably in a broader context: overall crime measures place the area around the upper national percentiles for safety, and both violent and property offenses have shown marked year-over-year declines. These are neighborhood-level trends, not property-specific conditions, but they support renter appeal and can aid retention and lease-up.
Within the Los Angeles-Long Beach-Glendale metro, the neighborhood performs well relative to many peers, aligning with investor expectations for inner-suburban stability. As always, underwriting should account for micro-location variability and property operations, but the directional trend is constructive.
Proximity to major corporate offices supports a strong commuter renter base and helps underpin leasing durability. Nearby employers include Live Nation Entertainment, Radio Disney, Occidental Petroleum, Activision Blizzard Studios, and AECOM.
- Live Nation Entertainment — entertainment HQ (5.9 miles) — HQ
- Radio Disney — media offices (6.1 miles)
- Occidental Petroleum — energy HQ (6.2 miles) — HQ
- Activision Blizzard Studios — gaming & media offices (6.3 miles)
- AECOM — engineering & infrastructure HQ (6.5 miles) — HQ
This 46-unit, 1985-vintage property offers competitive positioning in a high-income pocket of Sherman Oaks where premium neighborhood rents and a deep renter base support long-term demand. Based on CRE market data from WDSuite, the surrounding neighborhood sits strong nationally on demographics while local occupancy trends require attentive lease management—an execution factor rather than a structural headwind, given the area’s high-cost ownership market and sustained renter reliance on multifamily housing.
Investors can pursue value through targeted renovations and modernization that leverage the asset’s newer-than-average vintage relative to nearby stock, while emphasizing resident experience to offset thinner immediate retail density. Within a 3-mile radius, a majority of housing units are renter-occupied and household incomes are elevated, reinforcing a sizable tenant base and pricing potential with prudent affordability and renewal strategies.
- 1985 vintage is newer than area average, enabling value-add and modernization to outperform older comps
- High-income renter base and premium neighborhood rents support occupancy stability and pricing power
- Proximity to major employers (entertainment, energy, engineering) reinforces commuter demand and retention
- Execution focus: neighborhood occupancy trails national norms; active renewal and lease management recommended
- Amenity-light immediate blocks elevate the importance of on-site features and services for resident satisfaction