| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 82nd | Best |
| Demographics | 69th | Good |
| Amenities | 75th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 18300 Collins St, Tarzana, CA, 91356, US |
| Region / Metro | Tarzana |
| Year of Construction | 1980 |
| Units | 24 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
18300 Collins St, Tarzana CA Multifamily Investment
Neighborhood occupancy has trended firm and renter-occupied housing is substantial, supporting stable leasing dynamics according to WDSuite’s CRE market data.
Set in Tarzana’s Urban Core, the neighborhood carries an A rating and ranks in the top quartile among 1,441 Los Angeles metro neighborhoods, indicating durable fundamentals for multifamily. Amenity access is a local strength, with grocery, pharmacy, and dining options ranking well nationally, which helps support resident retention and day-to-day convenience.
For investors, renter demand signals are constructive: the neighborhood 9s share of renter-occupied units is elevated relative to peers, and occupancy has remained above national norms in recent years. Median asking rents in the area have moved higher over the last five years, while rent levels sit in upper national percentiles, suggesting pricing power balanced by the need for thoughtful lease management.
Within a 3-mile radius, demographics point to a deep, income-diverse tenant base. Households have grown recently and are projected to expand further even as population is expected to edge lower, implying smaller average household sizes and a larger pool of renters entering the market. Elevated home values in the surrounding area reinforce reliance on multifamily housing and can support occupancy stability.
Vintage also matters: the property 9s 1980 construction is newer than the neighborhood 9s average 1970s housing stock, providing relative competitiveness versus older assets, though investors should still evaluate system modernization and common-area updates for positioning. School quality trends are middle-of-the-pack locally, and the neighborhood 9s amenity profile is strong despite limited nearby park space, which may factor into resident preferences.
Safety indicators compare favorably at the neighborhood level, with crime levels performing above national averages and improving year over year, based on WDSuite 9s CRE data. Relative to Los Angeles metro peers (1,441 neighborhoods), the area sits in a competitive tier, and national percentiles indicate stronger-than-average safety for both violent and property offenses.
While no block-level conclusions are warranted, the recent downward trend in estimated offense rates is a constructive signal for tenant retention and leasing stability. Investors should continue to monitor trend direction and management 9s on-site practices as part of routine risk assessment.
Nearby corporate anchors provide a diversified employment base that supports renter demand and commute convenience for residents, including Thermo Fisher Scientific, Farmers Insurance, Occidental Petroleum, Live Nation Entertainment, and AECOM.
- Thermo Fisher Scientific — corporate offices (3.6 miles)
- Farmers Insurance Exchange — insurance (4.1 miles) — HQ
- Occidental Petroleum — energy (9.4 miles) — HQ
- Live Nation Entertainment — entertainment (10.3 miles) — HQ
- AECOM — engineering & infrastructure (10.3 miles) — HQ
18300 Collins St offers investors exposure to a top-quartile Los Angeles neighborhood with strong amenity access, a substantial base of renter-occupied housing, and occupancy that has remained above national norms. Elevated home values in the submarket tend to sustain rental demand and support pricing power, while the 3-mile area shows household growth and projections for additional household gains that imply a larger tenant base and support for long-term leasing performance. According to CRE market data from WDSuite, neighborhood-level rent and occupancy trends have been favorable relative to national benchmarks.
Built in 1980, the asset is slightly newer than much of the 1970s-era stock nearby, suggesting competitive positioning versus older properties. Investors may still underwrite system updates or selective renovations to capture value-add potential and align with renter expectations. The combination of stable demand drivers and potential operational improvements supports a prudent long-term thesis, while acknowledging that affordability pressure and amenity trade-offs (such as limited park space) require active management.
- Top-quartile neighborhood fundamentals with strong amenity access supporting retention
- Occupancy and renter concentration indicate depth of tenant demand
- 1980 vintage offers competitive positioning with potential renovation upside
- Elevated ownership costs in the area reinforce reliance on multifamily housing
- Risks: affordability pressure, limited park access, and the need for active lease management