| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 86th | Best |
| Demographics | 86th | Best |
| Amenities | 77th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 4257 N Troost Ave, Studio City, CA, 91604, US |
| Region / Metro | Studio City |
| Year of Construction | 1987 |
| Units | 38 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
4257 N Troost Ave, Studio City Multifamily Opportunity
Neighborhood fundamentals point to steady renter demand and occupancy stability in Studio City, according to CRE market data from WDSuite. Investors screening Los Angeles assets may find the area's renter concentration and operating resilience supportive of long-term cash flow.
Studio City's immediate neighborhood performs in the top quartile among 1,441 metro neighborhoods (Neighborhood Rating: A), with a broad amenity base and healthy operating metrics, based on WDSuite's CRE market data. Restaurants and cafes score in the high national percentiles, while grocery and park access are also strong; pharmacy access is a relative gap to note. School quality trends above national norms, offering family-friendly appeal that can aid retention.
Multifamily operations are supported by a renter-occupied share that is high versus national peers, indicating depth in the tenant base and demand for rental housing at the neighborhood level. Occupancy for the neighborhood tracks above many U.S. areas, helping underpin leasing stability through cycles rather than sharp swings.
Within a 3-mile radius, recent population softness contrasts with forward projections that indicate household growth and a smaller average household size—a combination that typically expands the renter pool and supports absorption. Incomes have been trending upward locally, and rents have risen historically with additional gains projected, suggesting ongoing pricing power while warranting attentive lease management and renewal strategies.
Home values in the neighborhood are elevated relative to income levels nationally, forming a high-cost ownership market that tends to sustain reliance on rentals and support lease retention. The subject's 1987 vintage is slightly newer than the neighborhood average, offering relative competitiveness versus older stock; investors may still plan for targeted modernization to keep finishes and building systems aligned with renter expectations.
Safety indicators compare favorably both locally and nationally for this part of Los Angeles. Crime levels are competitive among Los Angeles neighborhoods (ranked stronger than many within a universe of 1,441), and national comparisons place the area above average for overall safety. Violent incidents benchmark better than the national midpoint, while property offenses track closer to mid-range.
Recent year-over-year trends show notable improvement, with meaningful declines in both violent and property offenses, reinforcing a constructive trajectory. As always, investors should evaluate street-level conditions and property-specific security measures as part of asset due diligence.
Proximity to major entertainment and media corporate offices supports a deep white-collar renter base and convenient commutes for residents. Nearby anchors include Radio Disney, Disney, Live Nation Entertainment, Charter Communications, and Live Nation's headquarters.
- Radio Disney — corporate offices (2.6 miles)
- Disney — corporate offices (3.6 miles) — HQ
- Live Nation Entertainment — corporate offices (4.0 miles)
- Charter Communications — corporate offices (4.3 miles)
- Live Nation Entertainment — corporate offices (5.1 miles) — HQ
This 38-unit property at 4257 N Troost Ave benefits from a high-performing Studio City location with strong renter-occupied share, elevated neighborhood amenities, and occupancy that trends above many U.S. areas—factors that support leasing durability. Elevated home values at the neighborhood level indicate a high-cost ownership market, which typically sustains multifamily demand and aids retention. According to CRE market data from WDSuite, neighborhood operating strength and improving safety trends further reinforce the long-term hold thesis.
The 1987 vintage is slightly newer than the neighborhood average, positioning the asset competitively versus older stock while leaving room for targeted value-add through unit refreshes and system upgrades. Within a 3-mile radius, forecasts point to increasing households and smaller household sizes, which can expand the renter pool and support occupancy stability over time.
- Renter-occupied concentration and amenity strength support durable demand and retention.
- Occupancy trends above many U.S. areas provide a buffer for cash flow stability.
- 1987 vintage offers competitive positioning with value-add potential via targeted upgrades.
- Nearby entertainment and media employers bolster leasing depth; monitor sector cyclicality as a risk.
- Amenity gap in pharmacy access and rising rents require attentive lease and renewal management.