| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 76th | Good |
| Demographics | 10th | Poor |
| Amenities | 64th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 10817 White St, Sun Valley, CA, 91352, US |
| Region / Metro | Sun Valley |
| Year of Construction | 1989 |
| Units | 24 |
| Transaction Date | 2005-10-14 |
| Transaction Price | $3,300,000 |
| Buyer | MPI Group, LLC |
| Seller | 10817 White Street |
10817 White St, Sun Valley Multifamily Investment
Neighborhood occupancy around the mid-90s and a very high renter concentration point to durable tenant demand, according to WDSuite’s CRE market data. Positioning within Los Angeles’ inner suburbs supports steady leasing while allowing for targeted operational improvements.
Situated in Sun Valley within Los Angeles County’s inner suburbs, the property benefits from strong everyday convenience: grocery, pharmacy, and park access rank in the upper tier nationally, while cafes and childcare are comparatively limited. School ratings trend below metro norms, which may influence family renter appeal and should be considered in leasing strategy.
For investors, the neighborhood shows solid rental fundamentals. Neighborhood occupancy is about 95% (neighborhood metric, not property-level), indicating generally stable leasing conditions. Renter-occupied share is very high, signaling a deep tenant base and sustained multifamily demand rather than reliance on ownership turnover.
Demographic statistics are aggregated within a 3-mile radius: recent years show a slight population dip but a modest increase in households, implying smaller household sizes and ongoing demand for rental housing. Forecasts point to meaningful growth in households and incomes by 2028, expanding the renter pool and supporting rent levels. Median contract rents sit above national norms, and forward projections indicate additional gains, which can underpin revenue management and renewal pricing.
Ownership costs in the area are elevated relative to incomes on a national basis, which tends to reinforce renter reliance on multifamily housing and can aid retention and occupancy stability. Based on commercial real estate analysis from WDSuite, these dynamics position well for durable cash flows with disciplined lease management.
Safety indicators for the neighborhood benchmark in the upper national percentiles, suggesting comparatively favorable conditions versus many U.S. neighborhoods. Within the Los Angeles metro context, results are competitive but not top tier, so submarket and block-by-block diligence remains prudent.
Recent year-over-year readings indicate notable declines in both violent and property offenses, a positive directional trend for investor risk assessments. As with any urban Los Angeles location, investors should underwrite with standard security measures and monitor local trends over time.
Nearby corporate offices provide a broad employment base that supports renter demand and commute convenience, led by media, communications, and manufacturing anchors: Charter Communications, Radio Disney, Disney, Avery Dennison, and Live Nation Entertainment.
- Charter Communications — communications (1.8 miles)
- Radio Disney — media (4.7 miles)
- Disney — media & entertainment (4.8 miles) — HQ
- Avery Dennison — manufacturing & materials (7.6 miles) — HQ
- Live Nation Entertainment — live entertainment (8.1 miles)
Built in 1989, the 24-unit asset is newer than much of the surrounding housing stock, offering competitive positioning versus older properties while leaving room for targeted modernization to drive rent premiums and reduce near-term capital risk. Neighborhood occupancy near the mid-90s and a very high share of renter-occupied units indicate a sizable tenant base and potential for steady lease-up and renewals.
Within a 3-mile radius, households have inched higher and are projected to grow meaningfully through 2028, supporting renter pool expansion and revenue stability. Elevated ownership costs relative to income reinforce multifamily demand, while rent levels and forward projections suggest room for disciplined pricing; investors should balance this with affordability pressure considerations (rent-to-income) and local school quality. According to CRE market data from WDSuite, safety benchmarks trend favorable nationally with recent declines in reported offenses, which supports retention planning and long-term hold strategies.
- 1989 vintage offers competitive position versus older stock with achievable value-add via modernization
- High renter concentration and mid-90s neighborhood occupancy support leasing stability
- 3-mile household and income growth outlook expands tenant base and underpins rent strategy
- Proximity to major employers sustains demand across workforce and professional renters
- Key risks: affordability pressure (rent-to-income), below-average school ratings, and amenity gaps in cafes/childcare