| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 81st | Best |
| Demographics | 87th | Best |
| Amenities | 79th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 4706 Sepulveda Blvd, Sherman Oaks, CA, 91403, US |
| Region / Metro | Sherman Oaks |
| Year of Construction | 1986 |
| Units | 29 |
| Transaction Date | 2025-07-18 |
| Transaction Price | $10,055,000 |
| Buyer | LIMITED PLUTSKY LIMITED PARTNERSHIP |
| Seller | SKM PROPERTIES LLC |
4706 Sepulveda Blvd Sherman Oaks Value-Add Multifamily
Renter demand is reinforced by a high-cost ownership market and a large renter-occupied housing base in the surrounding neighborhood, according to WDSuite’s CRE market data. Occupancy in the area has held near national midpoints, suggesting stable leasing conditions for well-positioned assets.
Sherman Oaks offers urban-core fundamentals attractive to multifamily investors: dense amenity coverage, strong incomes, and a sizable base of renter-occupied housing units. Neighborhood data indicate an above-median standing within the Los Angeles metro, with restaurants, cafes, groceries, and pharmacies concentrated at levels that support daily convenience and walkable lifestyles.
The property’s 1986 construction is newer than the neighborhood’s average vintage (1975). This positioning can be competitive versus older stock while still leaving room for targeted modernization and systems updates that enhance rentability and reduce near-term capex uncertainty.
Neighborhood tenure data show a high share of housing units that are renter-occupied (near the top of the metro distribution), signaling a deep tenant base and resilient multifamily demand. At the same time, neighborhood occupancy has hovered around the national midpoint in recent years, implying that product quality, management, and pricing strategy will be important to sustain strong performance.
Within a 3-mile radius, demographics show a large population base with rising incomes and a projected increase in households over the next five years. Even where recent population trends were mixed, the expected growth in households and smaller average household sizes points to a larger renter pool and supports occupancy stability for well-amenitized properties.
Home values in the neighborhood are elevated relative to national norms, and the value-to-income ratio is among the higher tiers nationally. This high-cost ownership environment tends to sustain reliance on multifamily housing, supporting pricing power and lease retention, especially for properties that deliver convenience and quality. Neighborhood rent-to-income levels sit at manageable ranges, which can aid renewal outcomes and reduce turnover risk.
Safety indicators for the neighborhood compare favorably in the Los Angeles-Long Beach-Glendale metro. Overall crime sits in the top quartile among 1,441 metro neighborhoods and is stronger than the national average based on WDSuite benchmarks. Recent year-over-year trends show notable reductions in both violent and property offenses, which, if sustained, would further support renter confidence.
Conditions can vary block-to-block in urban settings, and property-level operations still matter. Investors should underwrite with local management insights, but the comparative metro standing and recent downward trend in offenses provide a constructive backdrop for leasing and retention.
Proximity to major corporate offices underpins renter demand by shortening commutes for professionals. Key nearby employers span energy, entertainment, engineering, and gaming—sectors that support steady leasing and retention.
- Occidental Petroleum — energy (6.8 miles) — HQ
- Live Nation Entertainment — entertainment (6.8 miles) — HQ
- Activision Blizzard Studios — gaming & media (7.2 miles)
- AECOM — engineering & infrastructure (7.3 miles) — HQ
- Disney — media & entertainment (8.1 miles) — HQ
4706 Sepulveda Blvd combines a renter-heavy neighborhood, strong amenity density, and a 1986 vintage that can compete with older stock while offering value-add potential. Elevated home values and high ownership costs in the area help sustain multifamily demand, while neighborhood occupancy near national midpoints underscores the importance of execution on finishes, operations, and leasing strategy. According to CRE market data from WDSuite, neighborhood incomes and amenity access rank well against national benchmarks, supporting long-term renter depth.
Within a 3-mile radius, projections point to an increase in households and higher incomes, indicating a larger tenant base and capacity to support rent levels for quality assets. Given the property’s unit count and location, targeted upgrades focused on modernization and efficiency could translate into improved absorption and retention relative to older competitive sets.
- Renter-occupied housing concentration supports deep tenant demand
- 1986 vintage offers competitive positioning plus targeted renovation upside
- High-cost ownership market reinforces reliance on multifamily housing
- Amenity-rich urban core with strong employer access underpins leasing
- Risk: occupancy around national midpoints—performance depends on asset quality and management