| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 76th | Good |
| Demographics | 10th | Poor |
| Amenities | 64th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 10865 White St, Sun Valley, CA, 91352, US |
| Region / Metro | Sun Valley |
| Year of Construction | 1983 |
| Units | 26 |
| Transaction Date | 2019-01-02 |
| Transaction Price | $5,000,000 |
| Buyer | SYRE LLC |
| Seller | ESCUADRO FELIZABETH S |
10865 White St Sun Valley Multifamily Investment
This 26-unit property benefits from neighborhood-level occupancy rates of 95% and strong renter demand, with 81% of area housing occupied by tenants according to CRE market data from WDSuite.
Sun Valley presents a rental-focused market with 81% of housing units occupied by tenants, ranking among the top neighborhoods nationally for renter concentration. The neighborhood maintains 95% occupancy rates, positioning above the metro median among Los Angeles area neighborhoods. Median contract rents of $1,510 have grown 37% over five years, reflecting steady rental demand in this inner suburb location.
Built in 1983, this property aligns with the neighborhood's construction profile while offering potential value-add opportunities through targeted improvements. The area's average construction year of 1962 suggests an established housing stock, with this asset positioned competitively within the local vintage mix. Demographics within a 3-mile radius show household income growth of 37% over five years, supporting tenant retention and rental rate stability.
The neighborhood benefits from strong amenity access, ranking in the 64th percentile nationally with excellent grocery store density at 5.09 stores per square mile. Restaurant and pharmacy access also exceed metro averages, contributing to tenant appeal and retention. Home values averaging $553,000 create a significant ownership barrier that can help maintain rental demand, though investors should monitor market dynamics as higher-income households may eventually transition to ownership.
The neighborhood demonstrates favorable safety trends, ranking 137th out of 1,441 Los Angeles metro neighborhoods for overall crime levels, placing it in the 84th percentile nationally. Property crime rates have declined significantly by 89% year-over-year, while violent crime has dropped 95%, indicating improving security conditions that support tenant retention and property values.
These positive safety trends, combined with the neighborhood's established residential character, contribute to a stable rental environment. Investors should continue monitoring crime statistics as part of ongoing asset management, though current indicators suggest the area is experiencing meaningful security improvements relative to regional averages.
The Sun Valley area benefits from proximity to major corporate employers that support workforce housing demand, with entertainment, telecommunications, and industrial companies providing employment stability within commuting distance.
- Charter Communications — telecommunications (1.8 miles)
- Radio Disney — media & entertainment (4.6 miles)
- Disney — entertainment & media (4.8 miles) — HQ
- Avery Dennison — industrial materials (7.6 miles) — HQ
- Live Nation Entertainment — entertainment services (8.1 miles)
This 26-unit Sun Valley property offers stable rental fundamentals in a tenant-concentrated market with 95% neighborhood occupancy rates and strong renter demand. The 1983 construction year positions the asset for value-add improvements while maintaining competitive positioning within the established housing stock. Demographics within a 3-mile radius show household income growth of 37% over five years, supporting rental rate progression and tenant quality.
Proximity to major employers including Disney headquarters and Charter Communications provides employment stability for the tenant base, while high home values create ownership barriers that sustain rental demand. According to multifamily property research from WDSuite, the neighborhood's 81st percentile ranking for renter concentration nationwide indicates strong structural rental demand that supports long-term occupancy stability.
- Strong occupancy fundamentals with 95% neighborhood-level rates and 81% renter concentration
- Value-add potential through property improvements in established 1983 vintage
- Employment stability from proximity to Disney, Charter Communications, and entertainment sector
- High ownership costs ($553K median home values) support rental demand retention
- Risk: Lower household incomes may limit rental rate growth potential in economic downturns