| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 76th | Good |
| Demographics | 10th | Poor |
| Amenities | 64th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 10930 Ratner St, Sun Valley, CA, 91352, US |
| Region / Metro | Sun Valley |
| Year of Construction | 1994 |
| Units | 30 |
| Transaction Date | 2015-01-01 |
| Transaction Price | $4,550,000 |
| Buyer | MERSOLA ANTHONY |
| Seller | RATNER STREET APARTMENTS LLC |
10930 Ratner St Sun Valley Multifamily Investment
Neighborhood occupancy in Sun Valley is reported at 95% (neighborhood metric, not property-specific), suggesting steady renter demand according to WDSuite’s CRE market data.
Located in an inner-suburban pocket of Los Angeles County, the area around 10930 Ratner St balances everyday convenience with stable rental dynamics. Neighborhood occupancy is above the national median, and renter demand is supported by a high-cost ownership market locally, which tends to reinforce reliance on multifamily housing and supports lease retention.
Daily-needs access is a relative strength: grocery and pharmacy density ranks in the upper national percentiles, and parks access is also top tier. Restaurant options are competitive nationally as well, while café and childcare densities are limited—an operational consideration for family-oriented product positioning and amenity planning.
The property’s 1994 vintage is newer than the neighborhood’s older housing stock (average vintage 1962), offering a competitive edge versus legacy assets; however, investors should still plan for targeted modernization and system updates typical of late-1990s construction to support leasing and renewal performance.
Within a 3-mile radius, about 56% of housing units are renter-occupied, indicating a deep tenant base and durable demand for apartments. Over the past five years, the local population was roughly flat while household counts edged up, implying smaller average household sizes. Looking ahead to 2028, forecasts indicate growth in both households and incomes within 3 miles, which can expand the renter pool and support occupancy stability. School ratings in the neighborhood trend below national benchmarks, which may influence unit mix and marketing toward workforce renters rather than school-driven movers.
Median home values in the neighborhood are elevated relative to many U.S. areas, and value-to-income ratios are high. For investors, this typically sustains multifamily demand and can aid pricing power, though elevated rent-to-income ratios warrant attentive lease management to mitigate affordability pressure and retention risk.
Neighborhood safety indicators compare favorably at the national level, with crime measures in the top quartile nationally. Recent data also show notable year-over-year declines in both property and violent offense estimates, according to WDSuite, which supports a constructive view on resident retention and leasing. As always, safety conditions can vary by block and over time, so investors should validate trends with current, property-level diligence across the Los Angeles-Long Beach-Glendale metro’s 1,441 neighborhoods.
Proximity to major media and corporate offices underpins workforce housing demand and commute convenience for renters, including roles tied to communications, entertainment, and branded manufacturing.
- Charter Communications — communications (1.85 miles)
- Radio Disney — entertainment/media (4.72 miles)
- Disney — entertainment/media (4.87 miles) — HQ
- Avery Dennison — branded materials manufacturing (7.65 miles) — HQ
- Live Nation Entertainment — live entertainment (8.15 miles)
This 30-unit, late-1990s multifamily asset sits in a neighborhood with resilient renter demand, supported by elevated ownership costs and strong daily-needs access. Based on CRE market data from WDSuite, neighborhood occupancy is healthy and national safety comparisons are favorable, while the surrounding 3-mile area is projected to see growth in households and incomes—factors that can support occupancy stability and rent performance.
The 1994 vintage is relatively newer than much of the local housing stock, offering competitive positioning versus older assets; targeted modernization and efficiency upgrades can unlock value-add potential. Investors should manage to affordability pressure—given elevated rent-to-income dynamics—and consider marketing toward workforce renters, recognizing that school ratings trend lower than national benchmarks.
- Healthy neighborhood occupancy and favorable national safety comparisons support retention
- Elevated ownership costs in the area reinforce sustained multifamily rental demand
- 1994 construction offers competitive positioning with targeted value-add upside
- Affordability pressure and lower school ratings are manageable risks with proactive leasing and positioning