| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 86th | Best |
| Demographics | 88th | Best |
| Amenities | 77th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 4703 Coldwater Canyon Ave, Studio City, CA, 91604, US |
| Region / Metro | Studio City |
| Year of Construction | 1976 |
| Units | 26 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
4703 Coldwater Canyon Ave Studio City Multifamily Investment
Neighborhood occupancy trends sit in the low-90s and a renter-occupied share near two‑thirds point to a deep tenant base, according to WDSuite’s CRE market data. In a high-cost ownership pocket of Studio City, elevated home values support sustained renter demand and pricing discipline.
Studio City’s Urban Core location combines strong livability with investor-friendly fundamentals. The neighborhood is competitive among Los Angeles-Long Beach-Glendale neighborhoods (49th of 1,441), with amenities that rank in the upper tiers nationally for restaurants, parks, cafes, and childcare. This concentration of daily needs and lifestyle options helps support resident retention and leasing velocity for multifamily.
Rents and occupancy measured at the neighborhood level indicate stable demand: occupancy has held in the low-90% range in recent years, and the local renter-occupied share is roughly three-fifths. Within a 3-mile radius, renters account for about two-thirds of housing units, reinforcing depth in the tenant pool and supporting ongoing absorption. Based on CRE market data from WDSuite, median rents have risen over the last five years, consistent with strong Los Angeles metro performance.
Ownership costs are elevated versus national norms, and home values rank near the top nationally, which typically sustains reliance on multifamily housing. At the same time, rent-to-income levels in the neighborhood are manageable by Los Angeles standards, which can aid lease retention and reduce turnover risk for well-managed assets.
The average construction year in the neighborhood skews to the mid-1980s. With a 1976 vintage, this property is older than nearby stock—an attribute that can present value-add potential through targeted renovations and systems upgrades, while requiring disciplined capital planning to maintain competitiveness against newer product.
Safety metrics compare favorably on a national basis. The neighborhood scores in the upper quartile nationally for lower crime, and WDSuite’s data shows notable year-over-year declines in both violent and property offenses, a constructive trend for resident sentiment and leasing stability. As with any urban Los Angeles location, performance varies by micro-area, so investors should evaluate on-site security measures and recent incident trends during diligence.
Proximity to major media, entertainment, and corporate offices supports a steady renter base seeking commute convenience. Nearby employers include Radio Disney, Charter Communications, Disney, Live Nation Entertainment, and AECOM.
- Radio Disney — media (4.2 miles)
- Charter Communications — telecommunications (5.0 miles)
- Disney — entertainment (5.1 miles) — HQ
- Live Nation Entertainment — entertainment (5.7 miles) — HQ
- AECOM — engineering & infrastructure (6.7 miles) — HQ
4703 Coldwater Canyon Ave offers scale for its submarket at 26 units with neighborhood-level demand supported by high renter concentrations and stable occupancy in the low-90% range. Elevated ownership costs in Studio City reinforce renter reliance on multifamily housing, while rent-to-income levels suggest manageable affordability pressure that can support retention. According to CRE market data from WDSuite, amenity access and income profiles compare well nationally, supporting long-term leasing fundamentals.
Built in 1976, the asset is older than the neighborhood average, positioning it for targeted value-add through interior updates and building systems modernization. Within a 3-mile radius, households are expected to grow and average household size to decline over the next five years, expanding the renter pool and supporting occupancy stability for well-located properties.
- High renter concentration and steady neighborhood occupancy support durable demand
- Elevated home values sustain reliance on rentals, aiding pricing power
- 1976 vintage provides value-add and modernization upside with thoughtful capex
- 3-mile household growth and smaller household sizes expand the renter pool
- Risks: older systems/capex needs and exposure to entertainment-leaning employment base