| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 84th | Best |
| Demographics | 90th | Best |
| Amenities | 23rd | Poor |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 4321 Laurel Canyon Blvd, Studio City, CA, 91604, US |
| Region / Metro | Studio City |
| Year of Construction | 2001 |
| Units | 20 |
| Transaction Date | 2000-02-03 |
| Transaction Price | $217,500 |
| Buyer | MALIK F SAMUWEL A |
| Seller | MACKENZIE MARY A |
4321 Laurel Canyon Blvd 20-Unit Multifamily Opportunity
Neighborhood occupancy is steady and elevated ownership costs support renter reliance, according to WDSuite’s CRE market data. Expect demand resilience in Studio City driven by a sizable renter base and proximity to major employment nodes.
Studio City’s Urban Core setting offers solid fundamentals for multifamily, with neighborhood occupancy measured at the neighborhood level remaining stable and slightly above national midpoints. Median contract rents in the neighborhood track toward the high end nationally, which can support pricing power, while a rent-to-income profile closer to the middle range suggests manageable affordability pressure and potential for retention when managed thoughtfully.
Renter-occupied housing represents a meaningful share at both the neighborhood level and within a 3-mile radius (demographics aggregated within 3 miles), indicating depth in the tenant pool and demand stability for mid-size assets like this one. Elevated neighborhood home values—among the highest nationally—reinforce reliance on multifamily housing, which can aid lease-up and renewal strategies for well-positioned properties.
Livability drivers are mixed: grocery access is present at the neighborhood level, while cafes, parks, and pharmacies are comparatively limited on a per–square mile basis. For investors, this points to demand anchored more by employment access and housing fundamentals than by dense amenity clustering. Neighborhood demographic indicators also rank strong versus peers in the Los Angeles metro, and within a 3-mile radius WDSuite’s commercial real estate analysis points to modest recent household growth with projections calling for additional increases through 2028—supportive of a larger renter pool over time.
Constructed in 2001, the asset is newer than the neighborhood’s average vintage. That relative youth can enhance competitive positioning against older stock; however, investors should still plan for targeted modernization and system updates typical for early-2000s construction to sustain occupancy and rent performance.
Safety trends compare favorably. The neighborhood’s crime rank sits near the top tier among 1,441 Los Angeles metro neighborhoods, and national comparisons place it in the safer end of communities across the country. Recent year-over-year declines in both violent and property offenses, as reported by WDSuite, further support a stable environment without making block-level claims.
For underwriting, this translates to reduced operational friction and potentially stronger lease retention relative to lower-ranked areas, while still warranting standard risk controls consistent with urban Los Angeles assets.
Proximity to entertainment, media, and telecom corporate offices underpins renter demand, with short commutes supporting workforce housing fundamentals for professionals in these sectors.
- Radio Disney — entertainment/media offices (3.2 miles)
- Disney — entertainment/media (4.1 miles) — HQ
- Charter Communications — telecom (4.6 miles)
- Live Nation Entertainment — entertainment HQ (5.2 miles) — HQ
- Activision Blizzard Studios — gaming/media (5.6 miles)
This 20-unit property in Studio City benefits from neighborhood-level occupancy that has held steady alongside high national positioning for contract rents, indicating pricing power when supported by asset quality. Elevated home values in the neighborhood sustain reliance on rentals, while renter concentration locally and within a 3-mile radius supports a deeper tenant base and potential leasing stability. According to CRE market data from WDSuite, the area compares well on demographics relative to metro peers, with forecasts pointing to increases in population and households through 2028—favorable for long-term demand.
The 2001 construction is newer than the neighborhood average, offering competitive positioning versus older stock; investors should still plan for targeted modernization typical of early-2000s assets to protect occupancy and rent growth. Amenities are not densely clustered by square mile, so performance is more closely tied to employment access and operational execution. Overall, fundamentals point to durable renter demand with prudent attention to capital planning and lease management.
- Stable neighborhood occupancy and strong rent positioning support revenue durability
- Elevated ownership costs locally reinforce renter reliance and depth of tenant base
- 2001 vintage offers competitive edge vs. older stock with focused modernization upside
- Employer proximity in entertainment and telecom supports leasing and retention
- Risks: lighter amenity density per square mile and typical capital needs for early-2000s systems