| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 75th | Fair |
| Demographics | 49th | Fair |
| Amenities | 60th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 8541 Foothill Blvd, Sunland, CA, 91040, US |
| Region / Metro | Sunland |
| Year of Construction | 1988 |
| Units | 49 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
8541 Foothill Blvd Sunland Multifamily Investment
This 49-unit property in Sunland's rental-concentrated market demonstrates neighborhood occupancy of 93.1%, supported by a 96th percentile rental share that reinforces multifamily demand according to CRE market data from WDSuite.
Sunland positions as an inner suburb neighborhood rated B overall among 1,441 Los Angeles metro neighborhoods, with demographic statistics aggregated within a 3-mile radius showing stable fundamentals for multifamily investors. The area maintains a 66.5% share of housing units that are renter-occupied, ranking in the 96th percentile nationally and indicating strong structural rental demand that supports occupancy stability.
Built in 1988, this property aligns with the neighborhood's average construction year of 1960, suggesting potential value-add opportunities through strategic capital improvements to capture rent premiums. Median contract rents of $1,706 position competitively within the metro, while the neighborhood's 93.1% occupancy rate demonstrates market absorption despite representing average performance among metro neighborhoods.
The 3-mile demographic profile shows household growth of 1.1% over five years, with projections indicating 36.5% household expansion through 2028 and renter pool growth supporting sustained demand. Median household income of $93,727 within the radius provides adequate rent-paying capacity, while elevated home values at $730,871 median reinforce rental demand by sustaining renter reliance on multifamily housing rather than ownership transitions.
Amenity density supports tenant retention with 2.65 grocery stores per square mile ranking in the 88th percentile nationally, plus adequate restaurant and pharmacy access. The neighborhood's rent-to-income ratio of 0.21 indicates manageable affordability for residents, reducing retention risk while supporting stable lease renewal rates for property operators.
Safety metrics show the neighborhood ranking 128th among 1,441 Los Angeles metro neighborhoods for overall crime, placing it in the 84th percentile nationally and indicating above-average security conditions. Property offense rates of 68.5 per 100,000 residents demonstrate competitive performance, with violent crime rates at 9.8 per 100,000 ranking in the 70th percentile nationwide.
Recent trends indicate improvement, with property offense rates declining 79.4% year-over-year and violent crime dropping 88.5%, both ranking in the top percentiles for crime reduction among metro neighborhoods. These positive safety trends support tenant retention and can enhance the property's competitive positioning within the submarket.
The property benefits from proximity to major corporate employers within commuting distance, including entertainment and technology headquarters that provide workforce housing demand.
- Charter Communications — telecommunications (4.4 miles)
- Disney — entertainment & media (7.1 miles) — HQ
- Radio Disney — broadcasting (7.5 miles)
- Avery Dennison — industrial materials (8.0 miles) — HQ
- Live Nation Entertainment — entertainment services (11.0 miles)
This 49-unit Sunland property capitalizes on strong rental fundamentals, with neighborhood occupancy at 93.1% and a 96th percentile rental share indicating deep structural demand for multifamily housing. The 1988 construction year presents value-add potential through strategic improvements, while demographic projections show 36.5% household growth through 2028 expanding the renter pool within the 3-mile radius.
Commercial real estate analysis from WDSuite validates the investment thesis through comparative neighborhood performance, with crime trends improving significantly and amenity density supporting tenant retention. Median home values of $730,871 reinforce rental demand by sustaining renter reliance on multifamily options, while manageable rent-to-income ratios reduce retention risks for operators.
- High rental concentration at 96th percentile nationally supports occupancy stability
- Projected 36.5% household growth through 2028 expands tenant base
- 1988 vintage offers value-add opportunities through strategic improvements
- Proximity to major employers including Disney and Charter Communications
- Risk: Property requires capital planning for 37-year-old building systems