| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 79th | Good |
| Demographics | 91st | Best |
| Amenities | 78th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 3912 Laurel Canyon Blvd, Studio City, CA, 91604, US |
| Region / Metro | Studio City |
| Year of Construction | 1989 |
| Units | 36 |
| Transaction Date | 1996-12-20 |
| Transaction Price | $1,320,000 |
| Buyer | DALEY |
| Seller | BERGLAS |
3912 Laurel Canyon Blvd Studio City Multifamily Investment
Strong amenities and a high-cost ownership market support durable renter demand in Studio City, according to WDSuite’s CRE market data.
Studio City’s A-rated Inner Suburb location is competitive among Los Angeles-Long Beach-Glendale neighborhoods (ranked 61 out of 1,441), with neighborhood-level occupancy sitting near the national midpoint and a renter-occupied base that supports steady leasing. Elevated home values in the immediate area point to a high-cost ownership market, reinforcing reliance on multifamily housing and helping sustain pricing power and retention.
Local convenience is a strength: the neighborhood scores in the top national percentiles for restaurants, cafes, childcare, and pharmacies, indicating daily needs and lifestyle amenities are close at hand. Grocery access also trends above national norms. These amenities underpin livability and reduce friction for leasing and renewals, a positive for hold-period stability and underwriting assumptions in commercial real estate analysis.
Within a 3-mile radius, demographic data show a large and economically diverse population with high household incomes and a renter concentration around two-thirds, creating depth for the tenant base. Projections through 2028 indicate population growth and a notable increase in households, expanding the renter pool and supporting occupancy stability and renewal prospects, based on CRE market data from WDSuite.
Vintage is slightly newer than the neighborhood average: the property was built in 1989 versus an area average near the mid-1980s. This positioning can be competitive against older stock, while investors should still plan for selective modernization and systems upgrades to meet current renter expectations.
Neighborhood safety indicators compare favorably at the national level, landing in the top quartile nationwide. Recent trend data also point to a meaningful decline in estimated property and violent offense rates year over year, which supports leasing confidence and resident retention without overstating block-level outcomes.
Within the Los Angeles metro, the area is competitive relative to many urban neighborhoods, though investors should underwrite with standard precautions and continue monitoring trends over the hold period. All figures reflect neighborhood-level conditions rather than property-specific security.
Proximity to entertainment, telecom, and engineering employers supports workforce housing demand and commute convenience. Notable nearby nodes include Radio Disney, Live Nation, Disney, Charter Communications, and AECOM.
- Radio Disney — media and entertainment (3.1 miles)
- Live Nation Entertainment — live events promoter (4.0 miles)
- Disney — media & entertainment (4.1 miles) — HQ
- Charter Communications — telecom services (4.9 miles)
- AECOM — engineering & infrastructure (5.8 miles) — HQ
3912 Laurel Canyon Blvd is a 36-unit asset positioned in a high-income, amenities-rich Studio City neighborhood where elevated ownership costs bolster multifamily demand. Neighborhood occupancy is around the national midpoint, but high renter concentration within 3 miles and strong local incomes support a wide tenant funnel and pricing resilience. According to CRE market data from WDSuite, rents in the immediate neighborhood trend in the upper national percentiles, aligning with the area’s income profile and suggesting scope for disciplined rent management rather than outsized concessions.
Built in 1989, the property is slightly newer than the neighborhood’s mid-1980s average, offering relative competitiveness versus older stock while still warranting targeted modernization and capital planning over the hold. Forward-looking demographics within 3 miles indicate population growth and a sizable increase in households by 2028, implying renter pool expansion that can support occupancy stability and renewal rates. Investors should balance these strengths against metro-level cyclicality tied to entertainment-adjacent employment and typical Los Angeles regulatory and operating considerations.
- High-cost ownership market and strong incomes reinforce renter reliance on multifamily housing
- Amenity-rich location with top-tier dining, cafe, childcare, and pharmacy density supports leasing and renewals
- 1989 vintage is competitive versus older stock, with value-add potential via selective modernization
- 3-mile demographics point to population and household growth through 2028, expanding the renter base
- Risks: exposure to entertainment-cycle volatility and standard LA operating/regulatory considerations