| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 79th | Good |
| Demographics | 85th | Best |
| Amenities | 60th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 5332 Sepulveda Blvd, Sherman Oaks, CA, 91411, US |
| Region / Metro | Sherman Oaks |
| Year of Construction | 1976 |
| Units | 26 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
5332 Sepulveda Blvd Sherman Oaks Multifamily Investment
This 26-unit property built in 1976 sits within a neighborhood ranking in the top quartile nationally for demographics and education levels. CRE market data from WDSuite shows strong rental demand fundamentals with 64% renter-occupied housing units and significant household income growth projected through 2028.
Sherman Oaks presents compelling fundamentals for multifamily investors, with this neighborhood ranking in the top quartile nationally for demographics (108th of 1,491 Los Angeles metro neighborhoods) and achieving the 99th national percentile for bachelor's degree attainment at 44.5% of residents. The area maintains strong rental demand with 59.4% of housing units renter-occupied, ranking in the 93rd national percentile for rental share.
Current neighborhood-level occupancy stands at 91.8%, though down from prior years, while median contract rents of $1,987 reflect the 91st national percentile. Demographic data aggregated within a 3-mile radius shows household income growth of 27.2% over five years, with projections indicating continued expansion through 2028. The forecast suggests renter pool growth as household formation is expected to increase 31.7% by 2028, supporting sustained multifamily demand.
The property's 1976 construction year aligns with the neighborhood average of 1980, suggesting potential value-add opportunities through strategic renovations and unit upgrades. High home values averaging over $1 million reinforce rental demand, as elevated ownership costs keep households reliant on multifamily housing. The neighborhood offers strong amenity access with 2.89 grocery stores and childcare centers per square mile, ranking in the 89th and 96th national percentiles respectively.
Safety metrics show this Sherman Oaks neighborhood performing above metro averages, ranking 167th of 1,491 Los Angeles metro neighborhoods for overall crime (82nd national percentile). Property crime rates have declined significantly with an 84.1% reduction year-over-year, ranking in the 98th national percentile for improvement trends.
Violent crime rates remain low at 7.9 incidents per 100,000 residents, placing the area in the 74th national percentile. The dramatic 96.4% reduction in violent crime over the past year (100th national percentile for improvement) indicates strengthening safety conditions that support tenant retention and property values.
The property benefits from proximity to major corporate employers within the greater Los Angeles basin, including several Fortune 500 headquarters that provide workforce housing demand.
- Radio Disney — media & entertainment (7.2 miles)
- Charter Communications — telecommunications (7.3 miles)
- Thermo Fisher Scientific — life sciences (7.4 miles)
- Live Nation Entertainment — entertainment services (7.5 miles) — HQ
- Occidental Petroleum — energy (7.6 miles) — HQ
This Sherman Oaks property offers attractive fundamentals driven by educated renter demographics and sustained demand from high ownership costs. The neighborhood's top-quartile national ranking for demographics, combined with 99th percentile education levels, indicates a stable tenant base with strong income growth potential. Commercial real estate analysis shows the area's 64% renter share and projected 31.7% household growth through 2028 supporting occupancy stability.
The 1976 vintage aligns with neighborhood norms while presenting value-add opportunities through strategic unit improvements and common area upgrades. Proximity to major corporate employers within 8 miles, including several Fortune 500 headquarters, provides workforce housing demand. However, investors should monitor the recent occupancy decline from prior years and consider competitive positioning as new supply enters the market.
- Top quartile demographics with 44.5% bachelor's degree attainment supporting income stability
- High ownership costs over $1 million reinforcing rental demand fundamentals
- 31.7% projected household growth through 2028 expanding renter pool
- Value-add potential through renovation of 1976 vintage units
- Risk: Monitor occupancy trends and competitive supply pipeline