| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 80th | Best |
| Demographics | 33rd | Poor |
| Amenities | 78th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 13885 Sayre St, Sylmar, CA, 91342, US |
| Region / Metro | Sylmar |
| Year of Construction | 1986 |
| Units | 20 |
| Transaction Date | 2011-11-03 |
| Transaction Price | $2,100,000 |
| Buyer | SYRE LLC |
| Seller | SOLIS GLORIA L |
13885 Sayre St Sylmar Multifamily Investment
This 20-unit property benefits from strong neighborhood-level occupancy at 93.1% and rising home values that reinforce rental demand. Commercial real estate analysis from WDSuite indicates the area ranks in the top quartile nationally for amenity access.
Built in 1986, this property sits in a Sylmar neighborhood with construction year average of 1982, indicating potential value-add opportunities through targeted renovations and unit improvements. The area demonstrates strong rental fundamentals with 60.8% of housing units renter-occupied, ranking in the 94th national percentile for rental concentration among metro neighborhoods.
Neighborhood-level occupancy stands at 93.1%, providing stability for lease management, while median contract rents of $1,628 have grown 26.5% over five years. Demographics within a 3-mile radius show household income growth of 36.6% over five years, reaching a median of $84,940, supporting tenant retention and rent growth potential.
The area ranks 354th among 1,441 Los Angeles metro neighborhoods for grocery access and 181st for cafe density, indicating above-average amenity infrastructure that supports tenant appeal. Home values averaging $517,600 with 54% five-year appreciation reinforce rental demand by maintaining elevated ownership costs relative to rental options.
Demographic projections show household count increasing 37.1% through 2028, expanding the potential renter pool, while forecast median household income is expected to reach $127,140. This growth trajectory supports occupancy stability and gradual rent advancement in line with income gains.
The neighborhood ranks 190th among 1,441 Los Angeles metro neighborhoods for overall crime metrics, placing it in the 82nd national percentile for safety compared to neighborhoods nationwide. Property crime rates have declined significantly, dropping 85.1% year-over-year, ranking 99th nationally for improvement trends.
Violent crime rates also show improvement, decreasing 88.6% annually while maintaining levels below many comparable urban areas. These downward trends in both property and violent crime provide a more stable environment for tenant retention and property management operations.
The property benefits from proximity to major corporate headquarters and offices that provide employment stability for the regional workforce, supporting consistent rental demand from employees seeking convenient housing options.
- Charter Communications — telecommunications (9.2 miles)
- Amerisourcebergen — pharmaceutical distribution (11.8 miles)
- Radio Disney — media & entertainment (12.0 miles)
- Disney — entertainment & media (12.2 miles) — HQ
- Thermo Fisher Scientific — life sciences (12.4 miles)
This 20-unit property offers stable cash flow fundamentals with neighborhood occupancy at 93.1% and a heavily rental market where 60.8% of units are renter-occupied. Built in 1986, the vintage presents value-add potential through strategic improvements while benefiting from five-year rent growth of 26.5% that outpaced many comparable markets.
Demographic trends within the 3-mile radius support long-term demand with projected household growth of 37.1% through 2028 and median income rising to $127,140. According to CRE market data from WDSuite, the neighborhood ranks in the top quartile nationally for amenity density while home values of $517,600 maintain rental demand through elevated ownership costs.
- Strong occupancy fundamentals at 93.1% neighborhood level with high rental concentration
- Value-add opportunity through 1986 vintage allowing strategic unit improvements
- Projected household growth of 37.1% expanding potential tenant base through 2028
- Elevated home values support rental demand by maintaining ownership cost barriers
- Risk consideration: Monitor rent-to-income ratios as household income growth moderates