| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 79th | Good |
| Demographics | 91st | Best |
| Amenities | 78th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 3934 N Laurel Canyon Blvd, Studio City, CA, 91604, US |
| Region / Metro | Studio City |
| Year of Construction | 1989 |
| Units | 63 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
3934 N Laurel Canyon Blvd, Studio City Multifamily Investment
In a high-cost ownership pocket of Studio City, neighborhood renter demand is supported by strong incomes and amenity depth, according to WDSuite’s CRE market data. Expect steady lease-up dynamics driven by a sizable renter pool and lifestyle conveniences rather than discount-driven pricing.
Studio City’s neighborhood fundamentals score competitively within the Los Angeles-Long Beach-Glendale metro, ranking 61st among 1,441 neighborhoods (top decile locally) based on WDSuite’s composite rating. For investors, this indicates durable demand drivers rather than speculative momentum.
Amenity access is a clear strength: cafes and restaurants index near the top of national comparisons, and pharmacies and childcare are also well represented. This density of daily-needs and lifestyle options supports retention and minimizes friction in leasing decisions, a common thread in Inner Suburb locations that outperform on convenience.
The area’s ownership market is high-cost, with neighborhood home values among the strongest nationally. That dynamic typically sustains reliance on multifamily housing, reinforcing pricing power for well-managed assets while keeping renewal risk in focus. Neighborhood occupancy trends sit around the national middle, suggesting stable but competitive operations that reward asset quality and proactive lease management.
The property’s 1989 vintage is slightly newer than the neighborhood average year of construction (1985). That positioning can offer a competitive edge versus older stock, while still leaving room for targeted modernization of interiors and common areas to capture premium rents where finishes and building systems warrant updating.
Demographic statistics aggregated within a 3-mile radius show a large, predominantly renter-occupied housing base (roughly two-thirds of units renter-occupied), providing depth to the tenant funnel. Projections point to growth in households and a gradual decrease in average household size over the next five years, which typically expands the renter pool and supports occupancy stability for well-located mid-scale assets.
Neighborhood safety benchmarks compare favorably in national context, with overall conditions above the U.S. average and recent year-over-year declines estimated in both property and violent offenses. In practical terms, this positions the area in the stronger half of neighborhoods nationwide for safety—an attribute that can aid leasing velocity and renewal outcomes.
Within the Los Angeles-Long Beach-Glendale metro (1,441 neighborhoods total), the area performs competitively by rank. As always, conditions can vary block to block; investors should underwrite to property-level operations and maintain standard security and lighting practices to preserve resident experience and retention.
Proximity to entertainment and media employers underpins weekday traffic and supports demand for professionally managed rentals. The following nearby corporate offices concentrate within a roughly 3–6 mile commute, reinforcing leasing durability for workforce and creative-class tenants.
- Radio Disney — media (3.1 miles)
- Live Nation Entertainment — entertainment (4.0 miles)
- Disney — media & studios (4.1 miles) — HQ
- Charter Communications — telecommunications (4.9 miles)
- Activision Blizzard Studios — gaming & media (5.2 miles)
3934 N Laurel Canyon Blvd offers 63 units in a high-income, amenity-rich pocket of Studio City where elevated ownership costs help sustain multifamily demand. The submarket’s neighborhood score sits in the top decile locally, with occupancy around national mid-levels—conditions that reward thoughtful operations and quality upgrades. Built in 1989, the asset is slightly newer than much of the nearby stock, creating potential to differentiate further through targeted renovations and system updates.
According to CRE market data from WDSuite, a large renter-occupied base within a 3-mile radius and strong entertainment-adjacent employment concentrations support a stable tenant funnel. Forward-looking demographics indicate growth in households and smaller household sizes, which typically bolster renter pool expansion and retention. Key risks include sensitivity to entertainment-sector hiring cycles and managing affordability pressure at renewal, both of which can be mitigated by strategic unit mix, finish levels, and amenity programming.
- High-cost ownership market reinforces reliance on rentals, supporting pricing power and lease retention
- Amenity-rich Inner Suburb location with top-tier dining and daily-needs access aids leasing velocity
- 1989 vintage offers competitive positioning versus older stock, with value-add potential via modernization
- 3-mile demographics show a large renter-occupied base and projected household growth, supporting occupancy stability
- Risks: exposure to entertainment-sector cycles and renewal affordability pressure; requires active lease and expense management