| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 75th | Fair |
| Demographics | 49th | Fair |
| Amenities | 60th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 10523 Floralita Ave, Sunland, CA, 91040, US |
| Region / Metro | Sunland |
| Year of Construction | 1986 |
| Units | 39 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
10523 Floralita Ave, Sunland CA Multifamily Investment
Positioned in an inner-suburban pocket of Los Angeles County with high renter concentration and steady neighborhood occupancy, this 39-unit asset benefits from resilient local demand according to WDSuite’s CRE market data.
Sunland’s inner-suburban setting offers livability factors that matter for retention: grocery, parks, and pharmacy access benchmark in the top quartile nationally, while restaurant density is also strong. Cafe and childcare densities are thinner, so day-to-day convenience leans more toward essentials than boutique options. These are neighborhood-level indicators, not property-level services.
The neighborhood carries a B rating and performs above many U.S. peers on housing fundamentals. Neighborhood occupancy trends are healthy, supporting stable lease-up and renewal dynamics for multifamily owners. Elevated home values relative to national norms reinforce reliance on rentals, which can support pricing power and reduce turnover sensitivity.
Vintage context matters: with a 1986 construction year versus an older neighborhood average stock, the asset is newer than much of its competitive set. That positioning can enhance leasing competitiveness, while still warranting capital planning for aging systems and selective modernization to meet today’s renter expectations.
Within a 3-mile radius, demographics point to a growing and increasingly affluent renter pool: recent population growth and an expected increase by the forecast period expand the tenant base, while household incomes have trended up alongside rent levels. WDSuite’s commercial real estate analysis also indicates that renter-occupied share in the 3-mile area is projected to rise toward one-half, which supports demand depth for multifamily operators.
Safety indicators at the neighborhood level compare favorably in a national context. According to WDSuite, the area sits in the top quartile nationally for overall safety and shows year-over-year declines in both violent and property offense estimates. These are broad neighborhood trends, not block-level guarantees, and conditions can vary by micro-location and over time.
Proximity to telecom and media-entertainment employers underpins renter demand via short commutes and diversified professional job bases, including Charter Communications, Disney/Radio Disney, Avery Dennison, and Live Nation Entertainment.
- Charter Communications — telecom (4.45 miles)
- Disney — entertainment studios (7.14 miles) — HQ
- Radio Disney — media (7.52 miles)
- Avery Dennison — materials & packaging (7.94 miles) — HQ
- Live Nation Entertainment — entertainment offices (11.06 miles)
This 39-unit, 1986-vintage asset in Sunland competes against an older neighborhood stock, which can aid leasing while leaving room for targeted value-add and system upgrades. The surrounding neighborhood shows healthy occupancy and high renter concentration, with elevated ownership costs supporting sustained reliance on multifamily housing. According to CRE market data from WDSuite, access to everyday amenities is strong and safety benchmarks compare favorably at a national level, supporting retention and rent collections.
Within a 3-mile radius, population and household counts are trending upward and are projected to increase further by the forecast period, expanding the tenant base. Rising incomes alongside rent growth point to durable demand; meanwhile, the projected rise in renter-occupied share suggests a deeper pipeline of prospective residents for mid-sized communities like this property. Key risks include uneven amenity depth for cafes/childcare and the need for planned capital to keep 1980s assets competitive.
- 1986 construction is newer than much of the area 019s stock, supporting competitive positioning with selective modernization
- Healthy neighborhood occupancy and high renter concentration support leasing stability
- Elevated ownership costs locally reinforce rental demand and pricing power
- 3-mile demographics indicate population growth and a projected increase in renter share, expanding the tenant base
- Risks: thinner cafe/childcare density and capital planning needs typical for 1980s-vintage systems