| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 76th | Good |
| Demographics | 27th | Poor |
| Amenities | 38th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 8816 Laurel Canyon Blvd, Sun Valley, CA, 91352, US |
| Region / Metro | Sun Valley |
| Year of Construction | 1980 |
| Units | 51 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
8816 Laurel Canyon Blvd Sun Valley Multifamily Investment
Renter concentration and above-median neighborhood occupancy point to durable leasing fundamentals, according to WDSuite’s CRE market data, with pricing supported by a high-cost ownership market in Los Angeles. This commercial real estate analysis suggests steady demand from workforce renters seeking access to jobs across the Valley.
Located in Sun Valley, the property sits within an Urban Core neighborhood rated C- among 1,441 Los Angeles metro neighborhoods, reflecting a balanced but competitive setting for workforce housing. Neighborhood occupancy runs in the mid-90s and is above the metro median and top quartile nationally, based on CRE market data from WDSuite, signaling stable rent rolls for well-managed assets.
Household tenure within the neighborhood shows a meaningful share of renter-occupied units (near the upper decile nationally), indicating depth in the tenant base and support for multifamily leasing. Within a 3-mile radius, household counts have edged higher over the last five years and are projected to continue rising, even as average household size trends lower—together implying a larger renter pool and support for occupancy stability.
Local amenities are mixed: grocery access is comparatively strong versus national peers, while parks, cafes, and pharmacies are scarce nearby. Average school ratings in the surrounding area are on the lower side relative to national benchmarks; investors with family-oriented unit mixes may want to calibrate marketing and tenant retention strategies accordingly. Median home values in the neighborhood are elevated relative to national norms, which reinforces reliance on multifamily rentals and can underpin pricing power and lease retention.
Built in 1980—newer than the neighborhood’s average vintage—the asset should compete favorably with older stock, though investors may still plan for targeted system upgrades and potential common-area modernization to enhance positioning against comparable properties and sustain occupancy.
Neighborhood safety indicators compare favorably: based on WDSuite data, the area ranks above the metro average (256 out of 1,441) and sits around the top quintile nationally, suggesting comparatively lower crime relative to many U.S. neighborhoods of similar density. This context supports renter retention and leasing stability for well-operated assets.
Recent trend data also points to notable year-over-year declines in both property and violent offense rates locally. While block-level outcomes vary, the directional improvements, combined with the neighborhood’s above-metro standing, provide a constructive backdrop for multifamily operations.
Proximity to major Valley employers supports workforce renter demand and commute convenience, including Charter Communications, Radio Disney, Disney, Live Nation Entertainment, and Avery Dennison.
- Charter Communications — telecommunications (3.8 miles)
- Radio Disney — media (6.3 miles)
- Disney — entertainment (6.6 miles) — HQ
- Live Nation Entertainment — entertainment (9.4 miles)
- Avery Dennison — materials & labeling (9.6 miles) — HQ
This 51-unit Sun Valley property offers exposure to a renter-heavy Los Angeles neighborhood where occupancy is above the metro median and competitive nationally, supporting predictable rent rolls for professionally managed assets. Elevated ownership costs in the area reinforce reliance on rentals, while within a 3-mile radius households are growing and average household size is trending lower—factors that expand the renter pool and support demand for smaller formats.
Built in 1980, the asset is newer than the local average vintage, which helps competitive positioning against older stock. Targeted value-add—systems, interiors, and common areas—can further strengthen leasing and retention. According to CRE market data from WDSuite, neighborhood rents and NOI per unit trend solidly relative to national peers, and forward-looking projections indicate continued rent growth, aligning with a workforce demand base anchored by nearby employers.
- Occupancy above metro median and top quartile nationally supports income stability
- Renter-occupied concentration provides depth of tenant demand and leasing resilience
- 1980 vintage offers competitive edge versus older stock with clear value-add pathways
- High-cost ownership context underpins pricing power and lease retention
- Risks: limited nearby parks/cafes and lower average school ratings may temper appeal for some family renters