| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 72nd | Fair |
| Demographics | 27th | Poor |
| Amenities | 60th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 8320 Laurel Canyon Blvd, Sun Valley, CA, 91352, US |
| Region / Metro | Sun Valley |
| Year of Construction | 1979 |
| Units | 56 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
8320 Laurel Canyon Blvd Sun Valley Multifamily Investment
Neighborhood occupancy trends remain solid and ownership costs are elevated relative to incomes, supporting renter demand for well-located workforce units, according to WDSuite’s CRE market data.
Positioned in Sun Valley within the Los Angeles metro, the property sits in an Inner Suburb neighborhood that ranks above the metro median for overall amenities among 1,441 neighborhoods, with strong access to groceries, pharmacies, and everyday services. Restaurant density is competitive nationally, while parks and cafes are thinner locally—an operational consideration for marketing and resident experience in leasing.
Rents in the neighborhood are in the upper tier nationally, and occupancy for the area is above national norms though below the metro median. For investors, that typically supports steady absorption but suggests pricing power should be managed carefully against submarket competition. Median school ratings trail the national average, which can matter for family-oriented renter segments and leasing strategy.
Within a 3-mile radius, approximately 54% of housing units are renter-occupied, indicating a deep tenant base for multifamily product. Over the last five years, household counts have edged higher, and projections show additional household growth alongside smaller average household sizes—factors that tend to broaden the renter pool and support occupancy stability. Median and mean household incomes have risen meaningfully, reinforcing the ability to sustain market-rate rents; in a high-cost ownership context, elevated home values further sustain reliance on multifamily housing.
The local housing stock skews older across the metro, and a 1979 vintage positions this asset newer than the neighborhood average construction year (1964). That relative age can be competitive versus older inventory, while still warranting targeted modernization of aging systems and common areas to enhance leasing performance and retention under ongoing commercial real estate analysis.
Safety trends compare favorably in context: this neighborhood places competitive among Los Angeles neighborhoods (top quartile among 1,441) and sits in a high national safety percentile, indicating lower crime exposure than many areas nationwide. Recent data also show sharp year-over-year declines in both property and violent offense estimates, ranking among the strongest improvements nationally. As always, block-level conditions vary, and investors should align on-site security and lighting with property operations.
Nearby media and communications employers create a sizable commuter base that supports multifamily leasing and retention. The following anchors within an easy drive are most relevant to renter demand: Charter Communications, Radio Disney, Disney, Live Nation Entertainment, and Avery Dennison.
- Charter Communications — telecommunications (3.35 miles)
- Radio Disney — media (5.72 miles)
- Disney — entertainment (6.08 miles) — HQ
- Live Nation Entertainment — entertainment (8.87 miles)
- Avery Dennison — materials & packaging (9.18 miles) — HQ
This 56-unit, late-1970s asset benefits from a deep renter base, with a majority of nearby housing units renter-occupied within 3 miles and a household outlook that points to more, smaller households—factors that typically broaden the tenant pool and support occupancy stability. Elevated home values in the area create a high-cost ownership market, reinforcing renter reliance on multifamily housing and supporting lease retention. According to CRE market data from WDSuite, the neighborhood’s amenity access is above the metro median, while occupancy trends are solid in a national context.
Vintage 1979 places the property newer than the neighborhood average, offering a competitive edge versus older stock; targeted upgrades to building systems and finishes can capture value-add upside. Considerations include below-average school ratings and thinner park/cafe options, which call for amenity programming and resident engagement to sustain pricing power.
- Deep renter base and projected household growth support demand and occupancy
- High-cost ownership market underpins multifamily reliance and lease retention
- 1979 vintage is newer than local average, with clear value-add upgrade paths
- Amenity access above metro median aids marketing and resident convenience
- Risks: weaker school ratings and limited parks/cafes require thoughtful positioning