| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 84th | Best |
| Demographics | 90th | Best |
| Amenities | 23rd | Poor |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 4211 Laurel Canyon Blvd, Studio City, CA, 91604, US |
| Region / Metro | Studio City |
| Year of Construction | 1988 |
| Units | 62 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
4211 Laurel Canyon Blvd, Studio City Multifamily Opportunity
Neighborhood fundamentals point to steady renter demand and occupancy stability in Studio City, according to WDSuite’s CRE market data, with a renter-occupied base that supports consistent leasing performance at the sub-neighborhood scale.
Studio City’s Urban Core setting combines strong household incomes with upper-tier asking rents relative to national levels, supporting a durable tenant base for multifamily investors. Neighborhood occupancy is healthy and trend-stable, and the local renter-occupied share indicates a meaningful pool of households that rely on multifamily housing, reinforcing day-to-day leasing depth rather than episodic demand spikes.
Within the immediate neighborhood, essentials are convenient: grocery access scores above national norms, while restaurants are present though not dense by big-city standards. Select amenity categories such as parks, pharmacies, and cafes are thinner at the block-cluster level, which can focus demand toward well-managed buildings that provide on-site conveniences or walkable connections to nearby corridors.
Demographic statistics aggregated within a 3-mile radius show a high-earning customer base and modest recent shifts in population counts, alongside a slight increase in total households and smaller average household sizes. Forward-looking projections in the same 3-mile radius indicate growth in total households and higher median incomes, suggesting a larger tenant base and support for rent levels over time, based on CRE market data from WDSuite.
Ownership costs in the neighborhood remain elevated versus national benchmarks. That high-cost ownership landscape tends to sustain reliance on rental options, which can aid retention and pricing power for well-positioned multifamily assets.
Safety indicators benchmark favorably in a national context, landing in the top quartile of neighborhoods nationwide. According to WDSuite’s data, recent year-over-year trends point to notable improvement in both property and violent offense measures at the neighborhood level. While conditions vary block to block as in any large metro, the directional trend and comparative standing support day-to-day operations and leasing confidence.
Proximity to major media and corporate offices underpins steady renter demand, with commute-friendly access that can support retention for professionals working at the following employers.
- Radio Disney — corporate offices (3.2 miles)
- Disney — entertainment HQ (4.2 miles) — HQ
- Charter Communications — telecommunications (4.7 miles)
- Live Nation Entertainment — entertainment HQ (5.0 miles) — HQ
- Activision Blizzard Studios — gaming & media (5.5 miles)
This 62-unit Studio City asset benefits from a deep local renter pool, strong household incomes, and neighborhood occupancy that has remained consistently healthy. Elevated home values reinforce reliance on rental housing, supporting lease retention and pricing power for well-managed properties. Amenities are adequate for daily needs, and the broader employment base in media and corporate services contributes to stable professional demand.
Demographic statistics aggregated within a 3-mile radius point to increasing household counts and higher projected incomes over the next few years, which can expand the renter base and support occupancy stability. According to CRE market data from WDSuite, upper-tier rent positioning relative to national levels has been sustained by income depth, while the neighborhood’s comparative safety trend adds to operational predictability. Key watch items include the lighter density of certain amenities and macro sensitivity in entertainment-related employment.
- Healthy neighborhood occupancy and renter concentration support stable leasing
- High-cost ownership market sustains rental reliance and pricing power
- 3-mile demographics indicate household growth and income gains, expanding the tenant base
- Proximity to major employers in media and corporate services supports demand durability
- Risks: thinner park/pharmacy/cafe density locally and sector cyclicality in entertainment employment