| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 85th | Best |
| Demographics | 76th | Best |
| Amenities | 79th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 10925 Bluffside Dr, Studio City, CA, 91604, US |
| Region / Metro | Studio City |
| Year of Construction | 1990 |
| Units | 101 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
10925 Bluffside Dr Studio City Multifamily Investment
Renter demand in Studio City is supported by a high neighborhood renter concentration and dense amenities, according to WDSuite’s CRE market data. Neighborhood occupancy refers to the surrounding area, not the property, and has been stable relative to broader Los Angeles trends.
Positioned in Studio City’s Urban Core, the property benefits from a neighborhood that ranks 104th of 1,441 Los Angeles metro neighborhoods (A rating), placing it competitive among Los Angeles-Long Beach-Glendale submarkets. Amenity access is a clear strength: the area is top quartile among 1,441 for amenity availability and sits in the upper national percentiles for restaurants, groceries, parks, and pharmacies. This concentration of daily needs and lifestyle options supports retention and lease-up for multifamily assets.
Multifamily fundamentals in the neighborhood are solid. Neighborhood occupancy is 93.6% (above the national median), and the share of housing units that are renter-occupied is 76.9%—one of the higher renter concentrations in the metro—indicating a deep tenant pool and demand stability. Neighborhood NOI per unit performance ranks in the upper national percentiles as well, suggesting strong income potential for assets that are competitively positioned.
Within a 3-mile radius, demographic data show smaller average household sizes and a renter-leaning housing mix. While the recent period reflected modest population softness, forward-looking projections indicate population growth and a sizable increase in households by 2028, pointing to a larger tenant base and support for occupancy. Median household incomes have trended upward, which, together with forecast household growth, underpins long-run absorption for quality units.
Ownership costs locally are elevated (home values near $1.0M on neighborhood measures), which tends to sustain reliance on rental housing and can support pricing power for well-maintained properties. Median contract rents are high by national standards, so operators should balance renewal strategies with affordability pressure considerations to protect retention.
Vintage also matters for competitive positioning. Built in 1990 versus a neighborhood average vintage of 1982, the asset is newer than much of the surrounding stock, which can be advantageous versus older comparables; however, systems are no longer new and selective modernization can further enhance performance.
Neighborhood safety indicators compare favorably. The area sits in the top quartile among 1,441 Los Angeles metro neighborhoods for lower crime exposure and is above the national median on safety percentiles, which supports resident retention and leasing. Recent trend data show notable year-over-year improvements in both property and violent offense rates at the neighborhood level, reinforcing a constructive trajectory. These references describe neighborhood conditions rather than the specific property.
Proximity to entertainment, media, and communications employers supports a steady renter base seeking short commutes. The following nearby employers anchor demand in the immediate area: Radio Disney, Disney, Live Nation Entertainment, Charter Communications, and Activision Blizzard Studios.
- Radio Disney — media (1.7 miles)
- Disney — media & entertainment (2.7 miles) — HQ
- Live Nation Entertainment — entertainment (3.1 miles)
- Charter Communications — telecommunications (4.2 miles)
- Activision Blizzard Studios — gaming & media (5.4 miles)
This 101-unit asset at 10925 Bluffside Dr is aligned with durable renter demand drivers in Studio City. The surrounding neighborhood exhibits above-median occupancy and a high share of renter-occupied housing units, indicating a deep tenant base. Elevated home values reinforce reliance on multifamily, while dense amenities and proximity to major entertainment and communications employers support lease-up and renewal prospects. According to CRE market data from WDSuite, the neighborhood’s performance sits in strong national percentiles for amenities and income metrics, and safety indicators have improved year over year.
Built in 1990, the property is newer than the neighborhood’s average vintage, offering relative competitiveness versus older stock. Investors should plan for ongoing system updates and targeted renovations to capture value while managing rent-to-income affordability pressures during renewals. Forecast growth in households within a 3-mile radius suggests a larger tenant pool ahead, supporting occupancy stability for well-positioned units.
- Renter-occupied share is high locally, supporting demand depth and occupancy stability
- Elevated ownership costs sustain reliance on rental housing and pricing power for competitive assets
- Amenity-rich location near major media and communications employers supports retention and leasing
- 1990 vintage provides an edge versus older stock, with value-add potential through selective modernization
- Risk: rent-to-income around the 30% threshold requires careful renewal and pricing management