| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 84th | Best |
| Demographics | 90th | Best |
| Amenities | 23rd | Poor |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 12840 Moorpark St, Studio City, CA, 91604, US |
| Region / Metro | Studio City |
| Year of Construction | 1987 |
| Units | 36 |
| Transaction Date | --- |
| Transaction Price | $2,005,636 |
| Buyer | CALIFORNIA FEDERAL BANK FSB |
| Seller | CAL FED SERVICE CORP |
12840 Moorpark St Studio City Multifamily Opportunity
Neighborhood data points to a deep renter base and occupancy of 93.5%, according to WDSuite s CRE market data, supporting income stability for professionally managed units in Studio City.
This Urban Core neighborhood rates B+ and is competitive among Los Angeles-Long Beach-Glendale neighborhoods (ranked 442 of 1,441). For multifamily investors, that positioning reflects solid local fundamentals without the pricing volatility seen in the metro s most overheated sub-areas.
Renter concentration in the neighborhood is high (90th percentile nationally), indicating depth in tenant demand and a wider leasing funnel. Neighborhood occupancy stands at 93.5%, a level that typically supports steady renewals and reduces downtime risk for stabilized assets.
Everyday needs are serviceable: grocery availability trends above the national average (77th percentile), while cafes, parks, and pharmacies are sparse in the immediate area. For investors, that mix points to convenience for essentials with limited lifestyle amenities within close walking distance a dynamic that can be offset by Studio City s broader retail and dining nodes nearby.
Within a 3-mile radius, WDSuite s multifamily property research indicates high household incomes today and rising projections over the next five years, alongside a meaningful increase in households and a modest reduction in average household size. Together, these trends expand the potential renter pool and support ongoing demand for professionally managed apartments, though unit mix and pricing strategy should account for smaller households.
Ownership costs in this pocket are elevated relative to national norms (home values at the 99th percentile), which tends to sustain reliance on rental housing and can enhance pricing power for well-maintained assets. Median contract rents in the neighborhood are also well above national levels, with multi-year growth that underscores durable demand rather than short-term spikes.
Safety indicators for the neighborhood compare favorably. The area ranks 57 out of 1,441 Los Angeles-Long Beach-Glendale neighborhoods on WDSuite s composite crime index, placing it well above the metro median and in a strong position versus peers.
Nationally, the neighborhood falls into a higher safety tier (around the upper decile to upper quartile on several measures), and recent year-over-year estimates indicate notable declines in both violent and property offense rates. While conditions can vary block to block, the broader trend profile suggests supportive fundamentals for tenant retention and leasing.
Nearby entertainment, telecom, and engineering headquarters and offices help anchor white-collar employment and shorten commutes for renters. The following employers are among the closest demand drivers referenced here: Radio Disney, Disney, Charter Communications, Live Nation Entertainment, and AECOM.
- Radio Disney media (4.1 miles)
- Disney entertainment (5.1 miles) HQ
- Charter Communications telecom (5.2 miles)
- Live Nation Entertainment entertainment (5.3 miles) HQ
- AECOM engineering & infrastructure (6.3 miles) HQ
12840 Moorpark St is a 36-unit multifamily asset with large average floor plans (~1,267 sq ft) in a high-income Studio City location. The neighborhood shows a strong renter orientation (90th percentile nationally) and stable occupancy of 93.5%; together these factors support consistent leasing and renewal activity. Elevated home values versus national norms further reinforce reliance on rental housing and can underpin long-run pricing power for well-positioned properties.
Within a 3-mile radius, WDSuite s commercial real estate analysis points to rising household counts, higher projected incomes, and smaller average household sizes over the next five years all supportive of a broader tenant base and ongoing demand for professionally managed apartments. According to CRE market data from WDSuite, the submarket s rent levels and income profile sit well above national benchmarks, suggesting headroom for quality assets that align unit mix and finishes with renter expectations.
- High renter concentration and 93.5% neighborhood occupancy support leasing stability
- Large average unit size (~1,267 sq ft) enhances family and work-from-home appeal
- Elevated ownership costs locally sustain multifamily demand and pricing power
- 3-mile outlook: more households and higher incomes expand the tenant base
- Risk: limited immediate lifestyle amenities and smaller household trends warrant careful unit-mix and finish positioning