| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 80th | Best |
| Demographics | 33rd | Poor |
| Amenities | 78th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 14164 Foothill Blvd, Sylmar, CA, 91342, US |
| Region / Metro | Sylmar |
| Year of Construction | 1983 |
| Units | 48 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
14164 Foothill Blvd, Sylmar Multifamily Investment
Stable renter demand in an urban Los Angeles submarket with competitive amenities and above-midpoint neighborhood occupancy, based on CRE market data from WDSuite. Investors should focus on tenant retention and pricing discipline given a high-cost ownership backdrop that supports multifamily leasing.
Sylmar, part of the Los Angeles metro, shows balanced fundamentals attractive to workforce and family renters. Neighborhood occupancy is above the national midpoint, and the area is competitive among Los Angeles neighborhoods for overall livability (ranked 532 out of 1,441). According to WDSuite’s multifamily property research, the local renter-occupied share around six in ten units signals a deep tenant base that can support leasing stability.
Everyday conveniences are a strength: cafes, childcare, groceries, and pharmacies sit in the mid-90s national percentiles, placing amenities in the top quartile nationally. Within the metro, amenity access is competitive as well, helping with leasing velocity and resident retention even if asking rents drift. Limited park access is a known tradeoff and should be considered in positioning and resident experience planning.
Home values in the neighborhood are elevated relative to incomes (value-to-income metrics are high versus national norms), which generally sustains reliance on rental housing and can support pricing power. Median contract rents trend above the national average while the rent-to-income profile near one-quarter suggests manageable affordability pressure; operators should still monitor renewal sensitivity and concession strategy.
Demographic statistics aggregated within a 3-mile radius indicate a modest population dip in recent years but a projected return to growth by 2028, alongside a meaningful increase in households. That combination points to a larger renter pool and supports occupancy stability, even as average household size trends down. School options are mixed around the national midpoint, underscoring the need for property-level amenities and service to differentiate.
Safety trends compare favorably at the neighborhood level. The area places in the top quartile among 1,441 Los Angeles metro neighborhoods for lower crime exposure (crime rank 190 of 1,441), and it scores above average nationally. Recent year-over-year estimates show sharp declines in both property and violent offenses, according to WDSuite’s CRE market data, which supports resident retention and leasing narratives without overstating block-level conditions.
As with any urban Los Angeles location, conditions can vary by corridor and time of day. Owners should coordinate with local management on lighting, access controls, and community engagement to sustain the current trajectory.
Proximity to major corporate employers across media, insurance, and life sciences underpins a broad commuter tenant base and helps support lease stability. Nearby anchors include Charter Communications, AmerisourceBergen, Thermo Fisher Scientific, Farmers Insurance, and Disney.
- Charter Communications — telecommunications (9.8 miles)
- AmerisourceBergen — pharmaceutical distribution (11.1 miles)
- Thermo Fisher Scientific — life sciences (12.4 miles)
- Disney — entertainment (12.9 miles) — HQ
- Farmers Insurance Exchange — insurance (12.9 miles) — HQ
This Sylmar asset benefits from durable renter demand supported by a competitive amenity mix, above-midpoint neighborhood occupancy, and a high-cost ownership market that keeps households engaged with multifamily options. Neighborhood-level NOI per unit trends are strong versus national peers, and access to major employment nodes across the San Fernando Valley supports retention and leasing continuity.
Within a 3-mile radius, WDSuite’s commercial real estate analysis points to rising incomes and a projected increase in households by 2028, which should expand the renter pool and help stabilize occupancy over the hold period. Operators should balance pricing power with renewal management, given limited park access and mixed school ratings that place a premium on property-level amenities and service.
- Competitive amenities and employment access support leasing velocity and retention
- High-cost ownership landscape reinforces multifamily demand and pricing power
- Above-midpoint neighborhood occupancy and strong NOI trends versus national peers
- Forward outlook: 3-mile household growth and rising incomes expand the tenant base
- Risks: limited park access, mixed school ratings, and recent population softness require active renewal strategy