| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 82nd | Best |
| Demographics | 69th | Good |
| Amenities | 75th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 6000 Etiwanda Ave, Tarzana, CA, 91356, US |
| Region / Metro | Tarzana |
| Year of Construction | 1979 |
| Units | 66 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
6000 Etiwanda Ave Tarzana Multifamily Investment
Neighborhood-level occupancy has been strong and comparatively stable, supporting income durability for well-managed assets, according to CRE market data from WDSuite. In Tarzana, renter demand is reinforced by a high-cost ownership landscape and solid amenity access.
Tarzana’s Urban Core location scores well for day-to-day convenience, with grocery, pharmacy, and dining density placing the neighborhood in the higher national percentiles; this translates into livability that helps leasing and retention. The neighborhood is rated A and ranks 193 out of 1,441 Los Angeles metro neighborhoods, which is above the metro median and competitive among peers for overall investment appeal.
Renter-occupied share in the neighborhood is 62.2% of housing units, indicating a sizable renter base that supports demand for multifamily product. Neighborhood occupancy is 96.8% and sits in the top quartile nationally, suggesting relatively steady leasing conditions; this occupancy statistic reflects neighborhood performance, not this specific property.
The property’s 1979 vintage is slightly newer than the neighborhood’s average 1973 construction year, which can be advantageous versus older stock; investors should still plan for ongoing system updates and potential value-add renovations to remain competitive. Average school ratings trend around mid-range locally, so leasing may lean more on amenity access and commute convenience than on top-tier school draw.
Within a 3-mile radius, households have increased even as overall population edged lower, indicating smaller household sizes and a potential shift toward more housing demand per resident—factors that can expand the renter pool and support occupancy stability. Median contract rents in the neighborhood sit above national norms, while elevated home values and a high value-to-income ratio in the neighborhood indicate a high-cost ownership market that tends to sustain multifamily demand and can support pricing power for well-positioned assets.
Safety indicators show the neighborhood compares favorably to many areas nationwide, with overall crime levels positioned in the top quartile nationally. Recent data also points to year-over-year declines in both property and violent offense rates, a constructive trend for renter appeal and retention. These are neighborhood-level trends within the Los Angeles metro and should be considered as comparative context rather than property-specific guarantees.
Nearby corporate offices provide a diversified white-collar employment base that supports renter demand and commute convenience for residents, including Thermo Fisher Scientific, Farmers Insurance Exchange, 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 (9.6 miles) — HQ
- Live Nation Entertainment — entertainment (10.5 miles) — HQ
- AECOM — engineering & infrastructure (10.5 miles) — HQ
6000 Etiwanda Ave is a 66-unit, 1979-vintage asset in an A-rated Tarzana neighborhood where amenity access and a sizable renter base underpin demand. Neighborhood occupancy is strong relative to national norms and rents sit above national levels, supporting income stability for competitive product. Elevated home values in the neighborhood indicate a high-cost ownership market, which helps sustain reliance on multifamily housing and can bolster pricing power for renovated units.
Within a 3-mile radius, households have trended higher and are projected to expand further even as population moderates, implying a larger tenant base per capita and support for leasing velocity. According to CRE market data from WDSuite, the neighborhood’s overall standing ranks above the metro median, with crime trends improving year over year—constructive for retention and long-term positioning. Given the 1979 construction, investors should plan for targeted capital projects to modernize systems and capture value-add upside.
- Strong neighborhood occupancy and renter concentration support stable leasing
- High-cost ownership market reinforces sustained multifamily demand and pricing power
- 3-mile household growth expands the tenant base and supports absorption
- 1979 vintage offers value-add potential with system updates and cosmetic upgrades
- Risk: rent-to-income pressures and moderating population require disciplined lease management