| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 81st | Best |
| Demographics | 24th | Poor |
| Amenities | 48th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 12035 Osborne St, Sylmar, CA, 91342, US |
| Region / Metro | Sylmar |
| Year of Construction | 2012 |
| Units | 60 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
12035 Osborne St Sylmar Multifamily Investment
This 60-unit property built in 2012 benefits from neighborhood-level occupancy of 94.1% and strong rental demand fundamentals, supported by commercial real estate analysis from WDSuite showing above-average NOI performance in the Los Angeles metro.
Located in Sylmar's urban core, this neighborhood demonstrates solid fundamentals for multifamily investors. The area ranks in the top quartile nationally for housing metrics and shows above-average NOI per unit at $10,555, positioning 262nd among 1,441 Los Angeles metro neighborhoods. Neighborhood-level occupancy sits at 94.1%, indicating stable tenant retention despite a modest decline over five years.
The 2012 construction year aligns with the neighborhood's average vintage of 1987, reducing near-term capital expenditure pressures while maintaining competitive positioning. With 48.8% of housing units renter-occupied, the area supports consistent rental demand. Demographics within a 3-mile radius show a stable population base of 112,685 residents, though recent trends indicate a slight population decline of 6.8% over five years.
Median contract rents of $1,799 place the neighborhood in the 88th percentile nationally, while household income averaging $83,603 creates manageable rent-to-income ratios. The area benefits from strong amenity density, ranking in the 96th percentile for cafes per square mile and 98th percentile for grocery stores, supporting tenant appeal and retention potential.
Safety metrics show encouraging trends for the Sylmar neighborhood. Property crime rates rank 237th among 1,441 Los Angeles metro neighborhoods, placing it above the metro median with a national percentile of 67%. More notably, property crime has declined significantly by 82.6% year-over-year, ranking in the 98th percentile nationally for improvement.
Violent crime rates remain moderate at 32.9 incidents per 100,000 residents, ranking near the metro median. However, violent crime has also shown substantial improvement with an 88.8% year-over-year decline, ranking in the 99th percentile nationally for reduction. These improving safety trends support tenant retention and property values in the area.
The Sylmar area benefits from proximity to major corporate employers, providing workforce housing opportunities for tenants commuting to entertainment, telecommunications, and insurance companies within the greater Los Angeles region.
- Charter Communications — telecommunications (5.8 miles)
- Radio Disney — entertainment media (8.8 miles)
- Disney — entertainment conglomerate (9.0 miles) — HQ
- Avery Dennison — materials and manufacturing (11.3 miles) — HQ
- Live Nation Entertainment — entertainment services (12.2 miles)
This 60-unit Sylmar property presents a stable cash-flowing opportunity with neighborhood-level occupancy at 94.1% and NOI performance ranking in the top quartile among Los Angeles metro neighborhoods. The 2012 construction vintage reduces immediate capital needs while maintaining competitive appeal. According to CRE market data from WDSuite, the area demonstrates strong rental fundamentals with 48.8% renter occupancy and improving safety metrics.
Demographics within a 3-mile radius show household income growth of 36.3% over five years, supporting rent growth potential despite recent population stabilization. The neighborhood's high amenity density and proximity to major employers like Disney and Charter Communications provide tenant appeal, while elevated home values reinforce rental demand by keeping households in the multifamily market.
- Above-average NOI performance ranking 262nd among 1,441 metro neighborhoods
- Stable 94.1% neighborhood occupancy with strong renter demand fundamentals
- 2012 construction reduces near-term capital expenditure requirements
- Proximity to major employers supports workforce housing demand
- Monitor population trends as recent 6.8% decline may impact long-term demand