| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 79th | Good |
| Demographics | 23rd | Poor |
| Amenities | 60th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 7817 Vineland Ave, Sun Valley, CA, 91352, US |
| Region / Metro | Sun Valley |
| Year of Construction | 1988 |
| Units | 62 |
| Transaction Date | 1994-01-25 |
| Transaction Price | $327,454 |
| Buyer | LANSION INVESTMENT |
| Seller | NASH JEROME J |
7817 Vineland Ave Sun Valley Multifamily Investment
Neighborhood occupancy runs high and renter demand is durable in this Los Angeles submarket, according to WDSuite’s CRE market data. Investors screening stabilized assets may see steady leasing supported by a sizable renter base and a high-cost ownership backdrop.
Located in Sun Valley within the Los Angeles-Long Beach-Glendale metro, the neighborhood shows solid renter fundamentals with an occupancy rate that ranks 318 out of 1,441 metro neighborhoods and sits in the 87th percentile nationally for occupancy. This indicates above-metro strength for lease-up and retention at the neighborhood level, not the property.
Daily needs are well served: grocery density ranks 369 of 1,441 (competitive among Los Angeles-Long Beach-Glendale neighborhoods) and cafes rank 402 of 1,441 (also competitive), while restaurants track above national norms. Park and pharmacy access are thinner locally, which is worth factoring into tenant experience programming on-site.
Vintage context matters for capital planning. With an average neighborhood construction year of 1972, a 1988 asset should compete well against older stock, though investors should still underwrite system renewals and common-area refresh to maintain positioning.
Tenure and affordability indicators point to depth of the renter pool. The neighborhood’s share of renter-occupied housing is just over half, and within a 3-mile radius demographics show a majority renter mix with modest household growth over the past five years and a larger increase projected, supporting multifamily demand. Elevated home values relative to incomes in the metro reinforce reliance on rental options, which can aid pricing power while keeping an eye on rent-to-income levels for retention.
Safety compares favorably in a regional and national context. The neighborhood’s crime environment ranks 261 out of 1,441 within the metro and sits around the 79th percentile nationally for overall safety, suggesting conditions that are above many peer neighborhoods. Property and violent offense estimates have also shown notable year-over-year improvement, which supports leasing stability without overreaching into block-level conclusions.
As with any urban core location, investors should continue standard risk management and community engagement practices and monitor trends over time rather than relying on a single data point.
Proximity to major employers supports commuter convenience and a broad tenant base, with nearby roles spanning telecommunications, media and entertainment, materials/packaging, and live entertainment.
- Charter Communications — telecommunications (1.7 miles)
- Radio Disney — media (4.4 miles)
- Disney — entertainment (4.6 miles) — HQ
- Avery Dennison — materials & packaging (7.6 miles) — HQ
- Live Nation Entertainment — live entertainment (7.8 miles)
7817 Vineland Ave is a 62-unit, 1988-vintage asset positioned in a neighborhood with strong renter fundamentals and high occupancy at the neighborhood level. Relative to older local stock, the vintage should remain competitive with targeted modernization, while the surrounding Urban Core setting offers ample daily conveniences and employer access that help support tenant retention.
According to CRE market data from WDSuite, neighborhood occupancy trends outpace many metro peers and national medians, while a high-cost ownership market in Los Angeles bolsters rental demand. Within a 3-mile radius, forecasts point to more households and higher incomes over the next five years, indicating a larger tenant base and support for rent growth management, with prudent attention to affordability and lease renewal strategy.
- Neighborhood occupancy is strong versus metro and national benchmarks, supporting stability.
- 1988 construction offers competitive positioning versus older local stock with value-add upside from targeted upgrades.
- High-cost ownership environment reinforces rental demand and pricing power potential.
- 3-mile radius forecasts indicate a larger household base and income growth, expanding the renter pool.
- Key risks: thinner park/pharmacy access, affordability management, and capex for aging systems typical of late-1980s assets.