| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 85th | Best |
| Demographics | 31st | Poor |
| Amenities | 69th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 12751 San Fernando Rd, Sylmar, CA, 91342, US |
| Region / Metro | Sylmar |
| Year of Construction | 1982 |
| Units | 24 |
| Transaction Date | 2000-10-17 |
| Transaction Price | $1,190,000 |
| Buyer | EGHBALI BAHADUR |
| Seller | GUTIERREZ GLORIA |
12751 San Fernando Rd Sylmar Multifamily Investment
Neighborhood occupancy is at the top of the Los Angeles metro, supporting stable renter demand, according to WDSuite’s CRE market data. For investors, this points to resilient leasing fundamentals in an inner-suburban location with sustained tenant depth.
Located in Sylmar within Los Angeles County’s inner suburbs, the property benefits from a renter-driven neighborhood profile. The share of housing units that are renter-occupied is high compared with national norms (94th percentile), signaling a deep tenant base and potential support for steady lease-up and renewals at the neighborhood level. Neighborhood occupancy ranks first among 1,441 metro neighborhoods, indicating exceptional stabilization relative to the region.
Amenities are reasonably accessible for daily needs: cafes, parks, and pharmacies benchmark in the 80th–84th national percentiles, while restaurants sit near the 80th percentile. Grocery options are limited within the immediate neighborhood footprint, so residents likely rely on nearby corridors for full-service shopping — a manageable consideration for leasing but relevant for positioning and tenant expectations.
Within a 3-mile radius, households have grown in recent years and are projected to expand further, even as average household size trends lower. This dynamic typically enlarges the renter pool and supports occupancy stability for multifamily assets. Neighborhood housing metrics sit in the top quartile nationally, and median neighborhood rents are above national norms, suggesting pricing power where product quality and management execution are competitive.
Ownership costs in the neighborhood are elevated relative to national benchmarks (home values in the mid-90s percentile), which tends to sustain reliance on multifamily rentals and can aid lease retention. At the same time, neighborhood rent-to-income ratios trend lower than national norms, which can mitigate affordability pressure and help reduce turnover risk.
Neighborhood safety indicators compare favorably in a national context. Overall crime benchmarks around the top quartile nationally, and violent offense metrics are also stronger than the national median. Property offense levels track close to national midrange, but recent year-over-year declines in both violent and property offenses are notable and directionally supportive. As always, investors should compare these neighborhood-level trends with submarket and asset-level operating experience to calibrate risk.
Proximity to diversified employment nodes supports renter demand and commute convenience, with nearby clusters in communications, life sciences, distribution, and insurance administration. The following employers anchor the broader area and help underpin leasing stability at workforce to mid-market price points.
- Charter Communications — telecommunications (9.7 miles)
- Thermo Fisher Scientific — life sciences (10.9 miles)
- AmerisourceBergen — pharmaceutical distribution (11.3 miles)
- Farmers Insurance Exchange — insurance services (11.3 miles) — HQ
- Radio Disney — media offices (12.3 miles)
This 24-unit asset is positioned in a neighborhood with exceptional occupancy stability and a high concentration of renter-occupied housing units, indicating durable tenant depth. Based on commercial real estate analysis from WDSuite, neighborhood occupancy outperforms the Los Angeles metro, while homeownership costs remain elevated relative to national benchmarks — conditions that typically sustain reliance on multifamily housing and support retention when product quality and operations are competitive.
Within a 3-mile radius, household counts have increased and are projected to rise further even as household sizes edge down, expanding the renter pool and supporting lease-up resilience. Neighborhood rents trend above national norms, but rent-to-income ratios remain comparatively manageable, suggesting room for disciplined pricing alongside a focus on value, maintenance, and tenant experience. Investors should also consider retail convenience (limited immediate grocery options) and balance quality upgrades against achievable rents to preserve yield.
- Neighborhood occupancy leads the metro among 1,441 areas, underpinning leasing stability
- High renter-occupied share signals deep tenant base and steady demand
- Elevated ownership costs reinforce multifamily reliance and potential retention
- 3-mile household growth and smaller household sizes expand the renter pool
- Risk: limited immediate grocery options and above-national rents require careful positioning