| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 82nd | Best |
| Demographics | 91st | Best |
| Amenities | 96th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 4625 Tilden Ave, Sherman Oaks, CA, 91403, US |
| Region / Metro | Sherman Oaks |
| Year of Construction | 1972 |
| Units | 29 |
| Transaction Date | 2018-04-20 |
| Transaction Price | $8,400,000 |
| Buyer | Finnegans Wake LP |
| Seller | Donald Parker Separate Property Trust |
4625 Tilden Ave Sherman Oaks Multifamily Investment
Neighborhood-level data indicates steady renter demand supported by a high renter concentration and strong amenity access, according to WDSuite’s CRE market data. For investors, the area’s A+ neighborhood rating and competitive occupancy suggest durable leasing fundamentals relative to the Los Angeles metro.
Sherman Oaks’ immediate neighborhood ranks 7th out of 1,441 Los Angeles metro neighborhoods with an A+ rating, signaling competitive fundamentals for multifamily. Amenity access is a clear strength: restaurants and cafés rank among the strongest in the metro (ranks 33 and 32 of 1,441) and fall in the top quartile nationally, which typically supports lease-up and retention for well-managed assets.
The property’s 1972 vintage is slightly older than the neighborhood’s average construction year of 1976. For investors, that points to potential value-add via unit renovations and common-area upgrades, alongside prudent capital planning for aging systems. Newer product nearby may command premiums, but upgraded 1970s assets can remain competitive given the area’s amenity density and renter depth.
Renter-occupied housing accounts for a substantial share of neighborhood units, reinforcing a deep tenant base for multifamily operators and supporting demand across cycles. Median contract rents at the neighborhood level have risen over the last five years, while the rent-to-income profile remains manageable for the area, suggesting room for disciplined revenue management rather than aggressive pushes.
Within a 3-mile radius, demographics show stable population with a projected increase in households over the next five years, alongside a trend toward smaller household sizes. This combination typically expands the renter pool and supports occupancy stability. High home values relative to incomes in this part of Los Angeles indicate a high-cost ownership market, which generally sustains reliance on rental housing and can bolster pricing power for well-positioned multifamily assets.
Relative to the region, the neighborhood’s safety profile is competitive among Los Angeles neighborhoods (ranked 367 out of 1,441), and it performs in the upper tiers nationally (around the mid-70s percentile). Recent year-over-year trends show material declines in both violent and property offense estimates, indicating improving conditions. As always, safety varies block to block, so investors may wish to validate site-level factors during due diligence.
Proximity to major corporate employers in entertainment, energy, and engineering provides a broad white-collar employment base that supports renter demand and retention for nearby multifamily assets. The names below reflect nearby corporate offices and headquarters relevant to workforce housing in Sherman Oaks.
- Radio Disney — entertainment corporate offices (6.1 miles)
- Live Nation Entertainment — entertainment corporate offices (6.3 miles) — HQ
- Occidental Petroleum — energy corporate offices (6.6 miles) — HQ
- AECOM — engineering & infrastructure corporate offices (6.9 miles) — HQ
- Disney — entertainment corporate offices (7.0 miles) — HQ
4625 Tilden Ave sits in an A+–rated pocket of Sherman Oaks that is competitive among Los Angeles neighborhoods and benefits from top-tier amenity access. The 1972 vintage is slightly older than the neighborhood average, indicating clear value-add and modernization levers while still aligning with renter preferences for this amenity-rich, high-income corridor. High ownership costs in the area reinforce reliance on rental housing, and renter-occupied share at the neighborhood level points to a deep tenant base. According to CRE market data from WDSuite, neighborhood occupancy is stable by national standards, and five-year rent trends have been positive, supporting disciplined revenue management rather than outsized concessions.
Within a 3-mile radius, projections call for modest population growth and a meaningful increase in the number of households with smaller average household sizes over the next five years. For multifamily operators, this typically translates into a larger tenant base and supports occupancy stability, especially for well-located assets near employment and daily-needs amenities.
- A+ neighborhood, top-tier amenities, and competitive standing within the Los Angeles metro
- 1972 vintage offers value-add potential through targeted renovations and system upgrades
- High-cost ownership market and strong renter concentration support multifamily demand
- 3-mile demographics point to expanding household counts, supporting leasing and retention
- Risks: potential metro-wide occupancy softening and capex needs typical of 1970s assets