| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 78th | Good |
| Demographics | 27th | Poor |
| Amenities | 43rd | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 8700 Glenoaks Blvd, Sun Valley, CA, 91352, US |
| Region / Metro | Sun Valley |
| Year of Construction | 2009 |
| Units | 70 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
8700 Glenoaks Blvd, Sun Valley, CA Multifamily Investment
2009 vintage with 70 units positions this asset competitively versus older neighborhood stock, with renter demand supported by a high-cost ownership market, according to WDSuite’s CRE market data.
This Inner Suburb location in Sun Valley sits within a neighborhood where grocery, pharmacy, and dining access are notably strong relative to national norms (grocery and pharmacy density around the upper quartiles; restaurants near the top decile), while park and cafe options are thinner. For investors, that mix supports daily convenience and leasing appeal even without destination amenities.
Local housing fundamentals indicate above-median occupancy at the neighborhood level with modest recent softening, and income performance trends resilient (NOI per unit trending in the upper national deciles). Rents benchmark above national levels, which supports revenue but underscores the need for attentive affordability and renewal management.
Construction in the neighborhood skews older (average 1970s), while the subject’s 2009 delivery offers a competitive edge versus legacy product and may defer some near-term capital needs; investors should still plan for mid-life systems and modernization to sustain positioning.
Tenure patterns show a meaningful renter-occupied share of neighborhood housing units, indicating depth in the tenant base. Within a 3-mile radius, demographic statistics point to stable population today with an expected increase in households over the next five years, expanding the renter pool and supporting occupancy stability. Rising incomes in the same 3-mile radius further reinforce leasing durability for well-managed assets.
Ownership costs are elevated relative to incomes in this part of the Los Angeles metro, which tends to sustain reliance on multifamily rentals and can aid retention and pricing power through cycles. School ratings in the area track below national averages; investors may lean into workforce-oriented positioning and amenity upgrades rather than family-centric features to match likely demand.
Neighborhood safety indicators compare favorably to national medians, with both violent and property offense measures tracking above the national midpoint. Recent year-over-year trends show meaningful improvement, suggesting near-term momentum rather than deterioration.
As always, safety varies by micro-location and over time. Investors should validate on-the-ground conditions and trajectory, but current readings are competitive among neighborhoods nationally and align with workforce renter expectations for an inner-suburban Los Angeles location.
Proximity to major media and communications employers supports a broad workforce tenant base and commute convenience, which can aid lease-up and retention for multifamily assets. Key nearby employers include Charter Communications, Radio Disney, Disney, Avery Dennison, and Live Nation Entertainment.
- Charter Communications — telecommunications (2.3 miles)
- Radio Disney — media offices (5.3 miles)
- Disney — entertainment (5.4 miles) — HQ
- Avery Dennison — materials & labeling (7.9 miles) — HQ
- Live Nation Entertainment — live entertainment (8.8 miles)
8700 Glenoaks Blvd offers a 2009-built, 70-unit footprint in an inner-suburban Los Angeles neighborhood where daily-needs amenities are solid and renter demand is reinforced by a high-cost ownership landscape. Based on CRE market data from WDSuite, neighborhood income performance trends are competitive nationally, occupancy is above the national midpoint, and high home values support continued reliance on multifamily housing.
Forward-looking 3-mile demographic statistics indicate stable population with an increase in households, expanding the tenant base. The property’s newer vintage versus the area’s older stock provides relative appeal and potential operating efficiency, though mid-life systems and selective modernization should be planned. Pricing power is supported by strong ownership costs, while elevated rent levels call for disciplined lease management to balance retention and growth.
- 2009 construction versus older neighborhood stock supports competitive positioning and potential operating efficiency.
- High-cost ownership market sustains renter reliance, aiding retention and revenue durability.
- Household growth within a 3-mile radius expands the renter pool and supports occupancy stability.
- Income performance trends are strong for the neighborhood, per WDSuite’s commercial real estate analysis.
- Risks: elevated rent-to-income pressures, modest recent softening in occupancy, and below-average school ratings.