| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 85th | Best |
| Demographics | 76th | Best |
| Amenities | 79th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 10900 Bluffside Dr, Studio City, CA, 91604, US |
| Region / Metro | Studio City |
| Year of Construction | 1983 |
| Units | 67 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
10900 Bluffside Dr, Studio City Multifamily Investment
High renter concentration and durable occupancy in Studio City point to consistent tenant demand, according to WDSuite’s CRE market data, with elevated ownership costs reinforcing reliance on multifamily housing.
Studio City’s urban-core setting offers strong daily-life convenience: grocery, dining, parks, and pharmacy access all score in the top decile nationally, supporting resident retention and leasing velocity. The neighborhood ranks 104 out of 1,441 Los Angeles-Long Beach-Glendale neighborhoods with an A rating, indicating performance that is above the metro median and competitive within the metro.
Renter-occupied housing is prevalent, with a renter concentration that sits near the top of national comparisons. For investors, that depth of renter households translates to a larger tenant base and steadier leasing fundamentals; neighborhood occupancy has remained broadly stable in recent years based on CRE market data from WDSuite.
Within a 3-mile radius, demographic statistics show smaller average household sizes and a modest population dip in the prior period, while forward-looking projections indicate increases in households and overall population. For multifamily, that combination typically supports a growing renter pool and can underpin occupancy stability as more single- and two-person households enter the market.
Home values are elevated relative to incomes (high value-to-income ratios in the neighborhood and a high-cost ownership market), which tends to reinforce rental demand and extend renter tenure. At the same time, rent-to-income levels warrant attention for lease management and renewal strategies, particularly for higher-end units.
Schools test near national mid-range averages, which is adequate for a wide renter base but may matter for family-oriented product; amenity density and professional employment access are stronger drivers here than school quality.
Neighborhood safety indicators compare favorably overall: the area sits above national averages for safety, with recent WDSuite data showing notable year-over-year declines in both violent and property offense estimates. These improvements suggest conditions are trending better than the broader region, though performance varies by offense type and should be monitored alongside submarket trends.
Within the Los Angeles-Long Beach-Glendale metro (1,441 neighborhoods), the neighborhood’s placement indicates performance above the metro average and competitive among peer urban-core areas. As always, investors should evaluate property-level controls and insurance implications rather than relying solely on neighborhood-level benchmarks.
Proximity to major media and communications employers supports a robust white-collar renter base and commute convenience for residents, which can aid retention and leasing stability. Key nearby employers include Radio Disney, Disney, Live Nation Entertainment, Charter Communications, and Live Nation Entertainment’s headquarters.
- Radio Disney — media & entertainment (1.7 miles)
- Disney — media & entertainment (2.7 miles) — HQ
- Live Nation Entertainment — media & entertainment (3.0 miles)
- Charter Communications — telecommunications (4.3 miles)
- Live Nation Entertainment — media & entertainment (4.9 miles) — HQ
This 67-unit Studio City asset benefits from a deep renter base and amenity-rich surroundings, with grocery, restaurants, parks, and pharmacy density ranked among the highest nationally. Elevated home values relative to incomes bolster reliance on rentals, while neighborhood occupancy has held firm, indicating resilient demand drivers. According to CRE market data from WDSuite, the neighborhood is competitive among Los Angeles metro peers and performs above the metro median on overall quality metrics.
Built in 1983, the property may offer value-add and systems modernization opportunities relative to today’s tenant expectations, creating levers for targeted rent optimization. Investor focus should include affordability pressures (rent-to-income), school quality considerations for family renters, and sensitivity to entertainment-sector employment cycles that are characteristic of this submarket.
- Amenity-rich, urban-core location that supports retention and leasing velocity
- High renter concentration provides depth of tenant demand and occupancy stability
- Elevated ownership costs reinforce rental demand and potential rent optimization
- 1983 vintage presents selective value-add and modernization upside
- Risks: rent-to-income pressures, mid-range school ratings, and exposure to entertainment-sector cycles