| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 85th | Best |
| Demographics | 76th | Best |
| Amenities | 79th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 10865 Bluffside Dr, Studio City, CA, 91604, US |
| Region / Metro | Studio City |
| Year of Construction | 1985 |
| Units | 58 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
10865 Bluffside Dr Studio City Multifamily Investment
Neighborhood occupancy is 93.6% with a high renter concentration, indicating depth of demand at the submarket level, according to WDSuite’s CRE market data. These metrics reflect neighborhood conditions, not the property, and point to stable leasing in a high-cost ownership area.
Studio City’s Urban Core setting combines strong daily convenience with lifestyle amenities. Grocery and pharmacy access sit in the mid-to-high 90s nationally, while restaurant and cafe density also ranks in the mid-90s, supporting resident retention and consistent traffic for nearby retail—based on CRE market data from WDSuite. Within the Los Angeles-Long Beach-Glendale metro, amenity access is top quartile among 1,441 neighborhoods, positioning the location competitively for multifamily.
The neighborhood’s renter-occupied share is 76.9%, signaling a deep tenant base for multifamily operators. Neighborhood occupancy is 93.6% and has been steady over the last five years, supporting income stability and reducing lease-up risk relative to weaker-demand pockets in the metro.
Demographics are aggregated within a 3-mile radius and suggest a smaller average household size alongside an expected expansion in total households over the next five years. This points to a larger tenant base and supports occupancy stability even as population patterns shift. Median home values sit near the top of national ranges, reflecting a high-cost ownership market that tends to reinforce reliance on rental housing and can support pricing power for well-positioned assets.
Neighborhood-level operating performance indicators also screen well: net operating income per unit trends in the top decile nationally, and overall neighborhood ratings are strong compared with metro peers. School quality is mixed (around the national midpoint), so family-driven demand may be more selective, but the location’s amenity depth and employment access help offset this for core renter cohorts.
Safety indicators benchmark above many U.S. neighborhoods, with the area in roughly the 76th percentile nationally. Recent trends are favorable: both property and violent offenses show sharp year-over-year declines, with improvement measures ranking among the strongest nationally. These comparisons are neighborhood-level and are useful for context when evaluating leasing risk and retention.
Proximity to major media and telecom employers supports commuter convenience and renter demand, with a concentration of jobs within a short drive including Radio Disney, Disney, Charter Communications, Live Nation Entertainment, and Activision Blizzard Studios.
- Radio Disney — corporate offices (1.7 miles)
- Disney — corporate offices (2.6 miles) — HQ
- Charter Communications — corporate offices (4.2 miles)
- Live Nation Entertainment — corporate offices (4.9 miles) — HQ
- Activision Blizzard Studios — corporate offices (5.4 miles)
10865 Bluffside Dr is a 58-unit, 1985-vintage asset positioned in a high-amenity, high-cost ownership pocket of Studio City. Neighborhood occupancy is 93.6% with a renter-occupied share near 77%, indicating depth of demand and potential for steady leasing. According to CRE market data from WDSuite, the location ranks strong nationally for amenity access and NOI per unit, while home values near the top of national ranges reinforce renter reliance on multifamily housing.
The 1985 vintage is slightly newer than the neighborhood average stock, which can be competitively positioned versus older buildings; targeted modernization may still be prudent for systems and finishes. Within a 3-mile radius, forecasts point to growth in households and higher incomes, which can expand the renter pool and support occupancy stability. Key watchpoints include managing rent-to-income affordability (around 0.30 at the neighborhood level) and exposure to cyclical job sectors, suggesting the need for attentive lease and renewal strategies.
- High renter concentration and 93.6% neighborhood occupancy support demand depth and leasing stability
- Amenity-rich Urban Core location with top-quartile access to groceries, pharmacies, restaurants, and cafes
- 1985 vintage slightly newer than area average; potential competitive edge with selective renovations
- 3-mile outlook indicates household growth and income gains, supporting a larger tenant base and occupancy stability
- Risks: rent-to-income pressure and sector cyclicality warrant disciplined pricing and renewal management