| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 76th | Fair |
| Demographics | 30th | Poor |
| Amenities | 46th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 9050 Laurel Canyon Blvd, Sun Valley, CA, 91352, US |
| Region / Metro | Sun Valley |
| Year of Construction | 2007 |
| Units | 60 |
| Transaction Date | 2003-05-20 |
| Transaction Price | $1,150,000 |
| Buyer | LTSC COMMUNITY DEVELOPMENT CORP |
| Seller | ARYA LP |
9050 Laurel Canyon Blvd Sun Valley Multifamily Asset
Positioned in an inner-suburb pocket of Los Angeles County with stable neighborhood occupancy and strong ownership costs, this asset benefits from durable renter demand and commuter access, according to WDSuite’s CRE market data.
The immediate neighborhood functions as a workforce corridor within the Los Angeles-Long Beach-Glendale metro, offering convenient access to employment while maintaining steady renter demand. Neighborhood occupancy is competitive nationally, supporting income stability for multifamily owners.
Daily-needs access is a relative strength: grocery and pharmacy density tests well against national peers, while cafes, restaurants, and park acreage are limited locally. Investors should underwrite around on-site amenities and resident services to offset the lighter lifestyle retail mix and limited open space.
The property’s 2007 vintage is newer than the neighborhood’s typical 1980s stock, providing a competitive edge versus older assets and potentially moderating near-term capital needs. Select modernization may still be warranted to maintain positioning against newer deliveries elsewhere in the metro.
Within a 3-mile radius, the renter-occupied share is near parity with ownership and is projected to tilt slightly toward renters by 2028, expanding the tenant base. Households are expected to grow while average household size trends smaller, which typically supports sustained demand for professionally managed apartments. Elevated home values across the neighborhood indicate a high-cost ownership market, which tends to reinforce reliance on multifamily housing and can support pricing power when paired with prudent lease management and resident retention strategies.
Neighborhood safety metrics benchmark favorably in a national context. Recent year-over-year estimates indicate material declines in both property and violent offense rates, a constructive signal for renter sentiment and lease retention.
Compared with Los Angeles-Long Beach-Glendale peers, the area scores in the top quartile among 1,441 metro neighborhoods, and sits well above national norms (higher national percentiles indicate safer conditions). While block-level experiences vary, the broader trend supports stable operations for well-managed multifamily communities.
Proximity to major media and corporate employers underpins a diverse renter pool and supports lease-up and retention for workforce-oriented units. Notable nearby employers include Charter Communications, Radio Disney, Disney, Live Nation Entertainment, and Avery Dennison.
- Charter Communications — telecommunications (4.3 miles)
- Radio Disney — media (6.7 miles)
- Disney — entertainment (7.1 miles) — HQ
- Live Nation Entertainment — entertainment (9.8 miles)
- Avery Dennison — materials & packaging (10.1 miles) — HQ
This 60-unit, mid-2000s asset in Sun Valley benefits from durable neighborhood occupancy, a high-cost ownership backdrop, and proximity to major entertainment and telecom employers. The 2007 vintage positions the property competitively versus older local stock while leaving room for targeted upgrades that can sustain rent premiums and reduce near-term capital intensity. Based on commercial real estate analysis from WDSuite, neighborhood fundamentals skew supportive for renter demand, with grocery/pharmacy access and employment concentration offsetting lighter café, restaurant, and park presence.
Within a 3-mile radius, households are projected to expand and average household size to decline, implying a larger renter pool over time. Elevated ownership costs in the neighborhood reinforce reliance on multifamily housing, while rent-to-income levels suggest manageable affordability pressure that favors retention for appropriately priced units. Key risks include limited nearby lifestyle amenities and potential variability in macro demand across Los Angeles, warranting disciplined expense control and amenity programming to protect occupancy and renewal outcomes.
- 2007 vintage offers competitive positioning versus older local stock with targeted value-add potential
- Neighborhood occupancy and high-cost ownership market support durable renter demand and pricing power
- Employer proximity (media, telecom, materials) underpins leasing and retention for workforce units
- 3-mile outlook shows household growth and a slightly higher renter share, expanding the tenant base
- Risks: lighter nearby lifestyle amenities and macro volatility in the Los Angeles metro