| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 79th | Good |
| Demographics | 85th | Best |
| Amenities | 60th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 5510 Sepulveda Blvd, Sherman Oaks, CA, 91411, US |
| Region / Metro | Sherman Oaks |
| Year of Construction | 1992 |
| Units | 106 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
5510 Sepulveda Blvd Sherman Oaks Multifamily Investment
Renter demand in the Sherman Oaks urban core is supported by a high-cost ownership market and a deep renter base, according to WDSuite’s CRE market data. Neighborhood occupancy has been steady near national norms, with pricing power influenced by strong incomes and limited for-sale alternatives.
Sherman Oaks presents a balanced investment setting with Urban Core fundamentals and an A neighborhood rating. Among 1,441 Los Angeles metro neighborhoods, it is above the metro median on several investor-relevant metrics, and nationally it sits near the top quartile for overall housing performance. Elevated home values (high national percentile) indicate a high-cost ownership market, which tends to reinforce reliance on multifamily housing and can support lease retention.
Amenities are strong where they matter for daily needs: neighborhood access to grocery and pharmacy options ranks in higher national percentiles, while restaurants are competitive relative to national norms. Cafe density and park access are limited, which may reduce some lifestyle appeal but typically has less impact on workforce leasing than proximity to essentials.
The renter concentration is high at the neighborhood level (renter-occupied share in the top national percentiles), signaling a deep tenant base for a 106-unit property. Neighborhood rent levels benchmark high nationally, but the rent-to-income ratio trends lower than many peer areas, which can support retention and reduce turnover risk from affordability pressure.
Within a 3-mile radius, demographics show modest population movement but a gradual increase in households and smaller average household size over time, expanding the renter pool. Forward-looking indicators point to additional household growth and rising incomes, which supports occupancy stability and rent durability in line with broader Los Angeles CRE trends, based on CRE market data from WDSuite.
Vintage context: the property’s 1992 construction is newer than the neighborhood’s average vintage (1980 across metro rankings). That positioning often aids competitiveness versus older stock, while still warranting selective modernization and capital planning for systems approaching mid-life to capture value-add upside.
Safety signals compare favorably in a national context. Overall crime conditions are in a higher national percentile (safer than many neighborhoods nationwide), and both violent and property offense rates have improved sharply year over year, landing in top national improvement percentiles. These trends suggest stability rather than a block-level guarantee and should be evaluated alongside Los Angeles metro comparables.
At the metro level (1,441 neighborhoods), the area performs above many peers on recent safety momentum. Investors should continue routine diligence—reviewing time-of-day patterns, property-level incident history, and lighting/security measures—while recognizing that multi-year trajectory currently supports leasing confidence and resident retention strategies.
Proximity to major corporate offices supports a diversified white-collar employment base and commute convenience for renters. Nearby anchors include Radio Disney, Charter Communications, Thermo Fisher Scientific, Live Nation Entertainment, Occidental Petroleum, Farmers Insurance Exchange, Disney, and AECOM.
- Radio Disney — media offices (7.2 miles)
- Charter Communications — telecommunications (7.2 miles)
- Thermo Fisher Scientific — life sciences offices (7.4 miles)
- Live Nation Entertainment — entertainment — HQ (7.7 miles)
- Occidental Petroleum — energy — HQ (7.8 miles)
- Farmers Insurance Exchange — insurance — HQ (7.9 miles)
- Disney — media — HQ (8.1 miles)
- AECOM — engineering — HQ (8.2 miles)
This 106-unit asset at 5510 Sepulveda Blvd benefits from strong neighborhood fundamentals: a deep renter base, elevated home values that sustain rental reliance, and household growth within a 3-mile radius that expands the tenant pool. Neighborhood occupancy trends near national norms with rent levels benchmarking high, while rent-to-income readings indicate manageable affordability pressure that can aid retention and leasing stability.
Constructed in 1992—newer than the local average vintage—the property should remain competitive against older stock, with selective modernization offering value-add potential. According to CRE market data from WDSuite, the neighborhood ranks well on income and amenity access essential to daily living, though limited parks/cafes and mixed safety signals across the metro suggest routine asset-level diligence and targeted resident-experience investments.
- Deep renter-occupied share at the neighborhood level supports a broad, stable tenant base and leasing continuity.
- High-cost ownership market bolsters pricing power and reinforces reliance on multifamily housing.
- 1992 vintage offers competitive positioning versus older stock, with targeted upgrades for value-add upside.
- Household growth and rising incomes within 3 miles support occupancy stability and rent durability.
- Risk: amenity gaps (parks/cafes) and varying safety signals by subarea warrant ongoing operational diligence and resident-experience focus.