| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 80th | Best |
| Demographics | 33rd | Poor |
| Amenities | 63rd | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 10230 Samoa Ave, Tujunga, CA, 91042, US |
| Region / Metro | Tujunga |
| Year of Construction | 1972 |
| Units | 24 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
10230 Samoa Ave, Tujunga CA Multifamily Investment
Neighborhood occupancy is solid and renter demand is supported by a high renter concentration and nearby employment nodes, according to WDSuite s CRE market data. Positioning focuses on steady operations with selective upgrades to compete against older local stock.
Located in Tujunga within the Los Angeles-Long Beach-Glendale metro, the property sits in a B- rated, Urban Core neighborhood that is competitive among 1,441 metro neighborhoods. Parks and daily-needs access are strengths: park density is among the top national percentiles, and grocery access is well above national norms, while cafes and pharmacies are thinner nearby. These dynamics support day-to-day livability and help with leasing stability.
For investors, the local operating backdrop points to dependable demand. The neighborhood s occupancy is 93.3%, and renter-occupied housing concentration is 77.8% of units, indicating a deep tenant base for multifamily. NOI per unit trends in the area perform in the top national percentiles, signaling competitive income fundamentals relative to many U.S. neighborhoods, based on CRE market data from WDSuite.
Within a 3-mile radius, demographics indicate modest recent population growth with projections for additional population and household increases over the next five years. Forecasts also show smaller average household sizes, which typically translate into more households and a larger renter pool, supporting occupancy stability and lease-up velocity. Median and mean household incomes in the 3-mile area have been trending upward, which can underpin rent levels over time.
Ownership costs in the neighborhood are elevated versus national norms, and the value-to-income ratio ranks in the top national percentiles. In investor terms, a high-cost ownership market often sustains reliance on rentals, aiding tenant retention and pricing power. At the same time, the rent-to-income ratio is high locally, which warrants careful lease management and attention to affordability pressure. The subject s 1972 vintage is slightly older than the neighborhood s average construction year, creating potential value-add opportunities via unit and system upgrades while planning for ongoing capital needs.
Safety indicators compare favorably on a national basis. Neighborhood safety metrics are in the upper national percentiles, placing the area roughly in the top quartile nationally for lower crime incidence, according to CRE market data from WDSuite.
Recent trend data shows notable year-over-year declines in both violent and property offense rates. While conditions can vary by block and over time, this downward trajectory provides a constructive backdrop for resident retention and long-term operations within the Los Angeles metro s 1,441-neighborhood landscape.
Nearby corporate offices provide a diversified employment base that supports renter demand and commute convenience, including Charter Communications, Avery Dennison, Disney, Radio Disney, and Live Nation Entertainment.
- Charter Communications corporate offices (5.0 miles)
- Avery Dennison corporate offices (7.0 miles) HQ
- Disney corporate offices (7.1 miles) HQ
- Radio Disney corporate offices (7.7 miles)
- Live Nation Entertainment corporate offices (11.1 miles)
10230 Samoa Ave offers a straightforward workforce housing thesis in a renter-heavy pocket of Los Angeles County. Neighborhood occupancy is in the low 90s and renter concentration is high, helping underpin a consistent tenant base. Elevated ownership costs versus national norms reinforce reliance on rentals, while 3-mile demographics point to population growth, an increase in households, and rising incomes that can support rent levels. The 1972 vintage suggests scope for value-add through interior modernization and systems upgrades, positioning the asset to compete effectively against older stock while managing ongoing capital planning.
According to CRE market data from WDSuite, area operating performance (including NOI per unit and occupancy) is competitive versus national benchmarks, aided by access to major employers within a short drive. Primary risks include affordability pressure given higher rent-to-income ratios and the need for periodic CapEx associated with older buildings; both can be mitigated through disciplined lease management and targeted renovations.
- Renter-heavy neighborhood and solid occupancy support demand stability
- Elevated ownership costs sustain renter reliance and pricing power
- 3-mile demographics project more households and income growth, supporting a larger renter pool
- 1972 vintage offers value-add potential via interior and system upgrades
- Risks: affordability pressure (rent-to-income) and ongoing CapEx for older systems