| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 82nd | Best |
| Demographics | 69th | Good |
| Amenities | 75th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 18312 Collins St, Tarzana, CA, 91356, US |
| Region / Metro | Tarzana |
| Year of Construction | 1976 |
| Units | 43 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
18312 Collins St Tarzana Multifamily Investment
Neighborhood-level occupancy at 96.8% outpaces broader market trends, supported by strong renter demand in this 62.2% rental-occupied area. The 43-unit property benefits from proximity to major corporate employers including Farmers Insurance Exchange headquarters according to WDSuite's CRE market data.
This Tarzana neighborhood ranks in the top quartile among 1,441 Los Angeles metro neighborhoods for housing fundamentals, with neighborhood-level occupancy at 96.8% reflecting strong rental demand stability. The area maintains 62.2% of housing units as renter-occupied, supporting consistent tenant pool depth for multifamily properties.
Built in 1976, the property aligns with the neighborhood's average construction year of 1973, indicating consistent building stock that may present value-add renovation opportunities for investors seeking to modernize units. Demographic data aggregated within a 3-mile radius shows household income growth of 33.3% over five years, with median household income reaching $96,054, suggesting improving tenant quality and retention potential.
The neighborhood demonstrates strong amenity density with 4.07 grocery stores per square mile and robust childcare access at 2.03 facilities per square mile, both ranking in the 94th and 93rd national percentiles respectively. Median home values of $601,620 with 31.5% five-year appreciation reinforce rental demand as elevated ownership costs keep households in the rental market, supporting occupancy stability and lease retention.
Rent-to-income ratios present affordability pressure considerations for lease management, though the area's high-income demographics and projected household income growth to $139,896 by 2028 suggest strengthening tenant payment capacity over time.
The neighborhood ranks 345th out of 1,441 Los Angeles metro neighborhoods for overall crime, placing it in the 76th national percentile for safety compared to neighborhoods nationwide. Property offense rates have declined significantly by 74.4% year-over-year, ranking in the 96th percentile nationally for crime reduction trends.
Violent crime rates also show substantial improvement with a 93.3% year-over-year decrease, ranking in the 99th percentile nationally for violent crime reduction. These positive safety trends support tenant retention and property appeal, though investors should monitor ongoing neighborhood dynamics as part of their due diligence process.
The property benefits from proximity to major corporate employers that support workforce housing demand and commute convenience for tenants, with several Fortune 500 headquarters anchoring the employment base.
- Thermo Fisher Scientific — life sciences & biotechnology (3.6 miles)
- Farmers Insurance Exchange — insurance services (4.1 miles) — HQ
- Thermo Fisher Scientific — life sciences & biotechnology (6.3 miles)
- Occidental Petroleum — energy & oil services (9.4 miles) — HQ
- AECOM — engineering & construction services (10.3 miles) — HQ
The 18312 Collins St property presents a compelling multifamily investment opportunity anchored by above-average neighborhood occupancy at 96.8% and strong rental demand fundamentals. The 1976 construction year offers value-add renovation potential to modernize units and capture rent premiums in a market where median rents have grown 17.7% over five years.
Demographic projections within a 3-mile radius show household income growth accelerating to $139,896 by 2028, representing 45.6% growth that should support tenant payment capacity and renewal rates. The neighborhood's high home values averaging $601,620 reinforce rental demand as elevated ownership costs sustain renter reliance on multifamily housing, according to commercial real estate analysis from WDSuite.
- Neighborhood occupancy at 96.8% outperforms broader market averages
- Strong corporate employer base within 10 miles supports workforce housing demand
- Value-add renovation opportunity with 1976 construction allowing unit modernization
- High home values reinforce rental demand and tenant retention
- Risk consideration: Rent-to-income ratios require careful lease management and renewal strategies