| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 86th | Best |
| Demographics | 88th | Best |
| Amenities | 77th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 12711 Moorpark St, Studio City, CA, 91604, US |
| Region / Metro | Studio City |
| Year of Construction | 1985 |
| Units | 31 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
12711 Moorpark St, Studio City Multifamily Investment
Neighborhood fundamentals point to steady renter demand and pricing power supported by high home values and a deep renter base, according to WDSuite s CRE market data. Local occupancy trends remain stable relative to the metro, with amenities and income profiles that support Class B leasing.
Studio City s Urban Core setting offers daily-needs convenience and lifestyle access that support tenant retention. Restaurant and cafe density sits in the upper national percentiles, and parks are comparatively plentiful, while pharmacy count is thinner than typical. For investors, this mix indicates strong day-to-day livability with a minor services gap to monitor.
The neighborhood s renter-occupied share is high (above the metro median), signaling a deep tenant base and durable multifamily demand. Median home values are elevated relative to national norms, which tends to reinforce reliance on rental housing and can support lease-up and renewal outcomes. Meanwhile, rent-to-income ratios track on the lower side nationally, a positive for retention and credit quality management.
Within a 3-mile radius, demographics show a large professional population with median incomes above national norms and a shift toward smaller household sizes. Recent years showed flat-to-slightly lower population counts, but forecasts indicate an increase in households alongside smaller average household sizes renter pool expansion that typically supports occupancy stability and absorption. These dynamics align with competitive neighborhood NOI per unit that ranks in the top quartile nationally, based on WDSuite s multifamily property research.
Neighborhood occupancy is healthy and broadly in line with regional trends, with five-year directionality improving. Amenity access, income mix, and a strong share of renter-occupied units together suggest consistent leasing demand, while the limited pharmacy presence and metro-wide volatility should be factored into operations planning.
Compared with neighborhoods nationwide, safety indicators place this area in the top quartile, reflecting comparatively favorable readings on violent offenses. Within the Los Angeles metro (1,441 neighborhoods), however, certain crime measures sit closer to higher-incident cohorts, consistent with an Urban Core location.
Recent trends show notable year-over-year declines in both violent and property offense estimates, indicating improving conditions. Investors should still underwrite with standard urban risk controls and monitor submarket trends rather than making block-level assumptions.
Proximity to entertainment, media, and corporate services employers supports a robust renter base and commute convenience for professionals. The employers listed below represent nearby demand drivers that can underpin leasing stability.
- Radio Disney corporate offices (3.9 miles)
- Disney corporate offices (4.9 miles) HQ
- Charter Communications corporate offices (5.0 miles)
- Live Nation Entertainment corporate offices (5.1 miles)
- Activision Blizzard Studios corporate offices (5.8 miles)
This 31-unit asset benefits from a high renter concentration in the immediate neighborhood and elevated ownership costs that tend to sustain multifamily demand. Neighborhood occupancy is steady, and rent-to-income levels track favorably versus many coastal submarkets, supporting renewal probabilities and credit quality. According to CRE market data from WDSuite, neighborhood NOI per unit is in the top quartile nationally, consistent with strong location fundamentals and service-rich amenities.
Within a 3-mile radius, forecasts point to household growth and smaller household sizes over the next five years a setup that typically expands the renter pool and supports occupancy stability. Key risks to underwrite include broader metro volatility and sector exposure typical of entertainment and services employment, though recent declines in estimated offense rates are a constructive trend for operations.
- High renter-occupied share and elevated home values reinforce depth of tenant demand
- Neighborhood NOI per unit in top quartile nationally supports durable cash flow potential
- 3-mile forecasts show household growth and smaller sizes, aiding absorption and retention
- Favorable rent-to-income dynamics enhance renewal prospects and pricing flexibility
- Risks: urban-core crime positioning within the metro and cyclical exposure to entertainment/services