| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 86th | Best |
| Demographics | 88th | Best |
| Amenities | 77th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 4551 Coldwater Canyon Ave, Studio City, CA, 91604, US |
| Region / Metro | Studio City |
| Year of Construction | 2009 |
| Units | 24 |
| Transaction Date | 2005-04-29 |
| Transaction Price | $817,500 |
| Buyer | CREATIVE LIFE GROUP LLC |
| Seller | FIRST CITIZENS BANK & TRUST COMPANY |
4551 Coldwater Canyon Ave Studio City Multifamily Investment
Neighborhood data points to durable renter demand and steady occupancy at the submarket level, according to WDSuite’s CRE market data. Strong incomes and a high share of renter-occupied units in the area support lease-up and retention for well-positioned assets.
Situated in Studio City within the Los Angeles-Long Beach-Glendale metro, the neighborhood ranks 49th out of 1,441—top quartile among metro neighborhoods—with an A+ rating. Restaurant, café, park, and grocery density test in high national percentiles, adding day-to-day convenience and reinforcing renter appeal. Pharmacy access is comparatively thin locally, suggesting some residents may rely on nearby districts for certain services.
For investors, rental fundamentals are balanced: neighborhood occupancy trends sit around the national middle while the share of housing units that are renter-occupied is elevated, indicating a deep tenant base and support for leasing stability. Median contract rents in the neighborhood have grown over the past five years, and rent-to-income ratios indicate relatively manageable affordability pressure versus many U.S. submarkets—factors that can aid renewal rates and measured pricing power.
Property vintage matters here. Built in 2009, the asset is newer than the neighborhood’s average construction year (1986). This positioning can be competitive against older stock, though investors should still underwrite selective modernization as systems age or to meet evolving renter preferences.
Within a 3-mile radius, demographics show rising household incomes and an expected increase in households alongside modest population growth, which can expand the renter pool even as average household size trends smaller. Elevated home values relative to incomes in the surrounding area point to a high-cost ownership market, which tends to sustain reliance on multifamily housing and support occupancy durability for quality assets.
Safety indicators are favorable in a metro context. The neighborhood’s crime ranking is 124 out of 1,441 Los Angeles-area neighborhoods, placing it above the metro average and competitive within the region. Nationally, WDSuite’s metrics place the area in higher safety percentiles overall, with recent data showing notable year-over-year improvements in property and violent incident rates.
As always, safety can vary by block and over time. Investors should validate current conditions and trends at the property and street level, but the directional data suggests comparatively solid positioning versus both the metro and many U.S. neighborhoods.
Proximity to major media and corporate employers supports a strong white-collar renter base and short commutes, aiding retention and leasing consistency. Key anchors include Radio Disney, Charter Communications, Disney, Live Nation Entertainment, and Activision Blizzard Studios.
- Radio Disney — corporate offices (4.1 miles)
- Charter Communications — corporate offices (5.1 miles)
- Disney — corporate offices (5.1 miles) — HQ
- Live Nation Entertainment — corporate offices (5.4 miles)
- Activision Blizzard Studios — corporate offices (6.0 miles)
4551 Coldwater Canyon Ave offers scale for the area at 24 units with 2009 construction, positioning the asset as newer than much of the competitive stock. Neighborhood fundamentals are supportive: renter-occupied housing is a majority share, household incomes are rising within a 3-mile radius, and ownership costs are elevated—factors that typically sustain multifamily demand and support occupancy stability. According to commercial real estate analysis from WDSuite, neighborhood occupancy trends are steady around national norms, with amenity density and employment access underpinning day-to-day livability for renters.
Forward-looking demographics indicate an increase in households and continued income gains in the surrounding radius, broadening the tenant base even as household sizes trend smaller. Investors should still underwrite operational resilience, given parts of the Los Angeles economy are tied to entertainment and tourism cycles, and plan for targeted upgrades over time as building systems mature.
- 2009 vintage competes well versus older neighborhood stock; scope selective modernization for long-term positioning
- Elevated share of renter-occupied units and strong incomes support tenant depth and renewal potential
- High-cost ownership market reinforces reliance on rentals, aiding occupancy durability
- Monitor exposure to entertainment/tourism-driven employment and validate block-level safety and service access during diligence