| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 81st | Best |
| Demographics | 87th | Best |
| Amenities | 79th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 4650 Sepulveda Blvd, Sherman Oaks, CA, 91403, US |
| Region / Metro | Sherman Oaks |
| Year of Construction | 1984 |
| Units | 30 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
4650 Sepulveda Blvd Sherman Oaks Multifamily Investment
Positioned in a high-demand renter pocket of Sherman Oaks, this asset benefits from strong neighborhood fundamentals and proximity to major employment nodes, according to WDSuite’s CRE market data.
Sherman Oaks’ Urban Core setting offers dense retail, dining, and daily-needs access. The neighborhood is competitive among 1,441 Los Angeles-Long Beach-Glendale neighborhoods for overall quality and amenities, with abundant restaurants, cafes, groceries, and pharmacies supporting resident convenience and leasing appeal. Transit connections across the Valley and Westside enhance commute optionality for a broad renter base.
Neighborhood occupancy is healthy on a relative basis but has eased modestly over the past five years, indicating the importance of active leasing and renewals at this property. Renter-occupied housing accounts for roughly two-thirds of neighborhood units, signaling deep multifamily demand and a wide prospective tenant pool for a 30-unit community.
Within a 3-mile radius, demographic data show stable population levels and growing households through the forecast period, creating a larger tenant base over time. Median incomes trend toward the upper end for the region, which supports rent levels, while the rent-to-income profile indicates manageable affordability pressure that can aid retention.
Home values are elevated versus national norms, which tends to reinforce reliance on multifamily options and supports pricing power when operations are well managed. Amenity access scores high nationally, though local park access is limited, so on-site or nearby private recreation features can help differentiate and support resident satisfaction.
Safety indicators are above national averages, with the neighborhood competitive among 1,441 Los Angeles-Long Beach-Glendale neighborhoods. Recent year-over-year estimates point to notable declines in both violent and property offense rates, according to WDSuite’s CRE market data, which supports renter sentiment and leasing stability.
As with any urban-core location, trends can vary by micro-area and over time. Investors should focus on well-lit property frontage, access controls, and resident engagement to sustain performance in line with the area’s improving trajectory.
The property sits within commuting distance of major employers across energy, entertainment, and engineering, supporting workforce renter demand and retention. Nearby anchors include Occidental Petroleum, Live Nation Entertainment, Activision Blizzard Studios, Radio Disney, and AECOM.
- Occidental Petroleum — energy (6.7 miles) — HQ
- Live Nation Entertainment — entertainment (6.8 miles) — HQ
- Activision Blizzard Studios — gaming & media (7.1 miles)
- Radio Disney — media (7.1 miles)
- AECOM — engineering & infrastructure (7.2 miles) — HQ
4650 Sepulveda Blvd is a 30-unit asset built in 1984, newer than the neighborhood’s average vintage. That positioning offers competitive appeal versus older stock while leaving room for targeted modernization of 1980s-era interiors and building systems to drive rent and retention. Elevated home values in Sherman Oaks support sustained reliance on rentals, and a renter concentration near two-thirds of neighborhood units indicates depth of demand. According to CRE market data from WDSuite, neighborhood occupancy remains solid on a relative basis despite some softening, reinforcing the case for disciplined lease management rather than aggressive concessions.
Within a 3-mile radius, forecasts point to population growth and a meaningful increase in households by 2028, expanding the tenant base. Income levels skew higher than many areas, balancing rent positioning with relatively contained affordability pressure, which can support lease renewals. Proximity to diverse employment centers across entertainment, energy, and engineering adds leasing resiliency, though limited park access and broader macro sensitivity in the metro warrant ongoing operational vigilance.
- 1984 vintage offers value-add via system upgrades and interior refreshes
- Renter concentration and high home values support durable multifamily demand
- Solid neighborhood occupancy with scope to enhance retention through operations
- Strong nearby employer base underpins leasing across cycles
- Watch items: limited park access and metro cyclicality require active management