| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 86th | Best |
| Demographics | 88th | Best |
| Amenities | 77th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 12701 Moorpark St, Studio City, CA, 91604, US |
| Region / Metro | Studio City |
| Year of Construction | 1985 |
| Units | 24 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
12701 Moorpark St Studio City Multifamily Investment
Positioned in an Urban Core pocket of Studio City with sustained renter demand and a deep amenities base, the neighborhood has supported steady occupancy and leasing resilience according to WDSuite’s CRE market data. Elevated ownership costs in this area reinforce the renter pool, providing a durable backdrop for long-term income performance.
Studio City’s neighborhood fundamentals skew favorable for multifamily investors. Dining, cafes, parks, and daily-needs retail are abundant, with restaurant and cafe density landing in the top decile nationally and grocery and park access also well above national medians. This concentration of amenities supports leasing velocity and retention for professionally managed assets.
Neighborhood occupancy is stable and competitive versus national norms, with a modest improvement over the past five years. The area’s renter-occupied share is high for Los Angeles, indicating a sizable tenant base for a 24-unit asset and helping to support occupancy stability through cycles.
Ownership is a high-cost proposition here (home values rank in the highest national percentiles), which tends to sustain reliance on multifamily housing and can bolster pricing power. At the same time, rent-to-income levels in the neighborhood read as manageable by national standards, reducing affordability pressure and supporting lease retention.
Within a 3-mile radius, WDSuite’s demographics show households edging up recently despite flat population trends, and forecasts call for a larger household count and smaller average household sizes over the next five years. That pattern typically expands the renter pool and can underpin consistent demand for well-located units in Studio City.
Safety compares favorably for this Los Angeles-Long Beach-Glendale subregion location. The neighborhood performs in the top quartile nationally on overall safety metrics and is competitive among Los Angeles metro neighborhoods, a constructive backdrop for renter appeal and lease retention.
Property offenses are about average nationally but have shown a material year-over-year decline, while violent offense indicators track better than most neighborhoods nationwide. Trends like these, based on WDSuite’s CRE market data, support investor confidence without overstating block-level conditions.
Proximity to major media and corporate employers provides a steady professional renter base and commute convenience. Nearby anchors include Radio Disney, Disney, Charter Communications, Live Nation Entertainment, and Activision Blizzard Studios.
- Radio Disney — corporate offices (3.9 miles)
- Disney — entertainment — HQ (4.9 miles)
- Charter Communications — telecommunications (5.0 miles)
- Live Nation Entertainment — entertainment — HQ (5.3 miles)
- Activision Blizzard Studios — gaming & media (5.8 miles)
This 24-unit asset in Studio City benefits from a high-amenity Urban Core location, strong renter orientation, and a high-cost ownership market that supports durable multifamily demand. According to CRE market data from WDSuite, neighborhood occupancy has been steady with a slight multi-year improvement, while rent-to-income levels suggest manageable affordability pressure that can aid retention.
The 3-mile radius outlook shows households expanding and average household sizes trending smaller over the next five years, typically increasing the number of renters and supporting stabilized operations. A deep bench of nearby media and corporate employers further anchors leasing fundamentals for professionally managed units.
- Amenity-rich Urban Core location with top-tier national positioning for dining and daily-needs access
- High renter concentration and elevated home values reinforce depth of tenant demand
- Neighborhood occupancy stability and manageable rent-to-income ratios support retention
- Proximity to major media and corporate employers underpins leasing and renewal potential
- Risk: services are strong overall, though pharmacy access is thinner locally; entertainment-centric employment can add cyclicality—both warrant ongoing monitoring