| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 80th | Best |
| Demographics | 33rd | Poor |
| Amenities | 63rd | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 10243 Samoa Ave, Tujunga, CA, 91042, US |
| Region / Metro | Tujunga |
| Year of Construction | 1979 |
| Units | 21 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
10243 Samoa Ave, Tujunga CA Multifamily Investment
Leasing fundamentals appear steady with neighborhood occupancy in the low-90s and a broad tenant base supported by local employment, according to WDSuite’s CRE market data. The location’s ownership costs skew high for the metro, which tends to sustain multifamily demand over time.
Situated in Tujunga within the Los Angeles-Long Beach-Glendale metro, the property benefits from neighborhood dynamics that are competitive among 1,441 metro neighborhoods on overall amenities and access. Park density ranks favorably (top tier locally) and grocery options benchmark well above national norms, while cafes and pharmacies are less concentrated — a mix that supports day-to-day convenience without the congestion of denser cores.
The neighborhood’s renter-occupied share is high, indicating a deep pool of multifamily demand and potential for leasing stability. By contrast, demographics aggregated within a 3-mile radius show a more ownership-leaning housing stock today, but projections point to a rising renter share over the next several years, expanding the addressable tenant base for garden and low-rise assets.
Occupancy at the neighborhood level trends in the low-90s, above the national midpoint, which aligns with steady renter demand and supports income durability. Median contract rents in the area benchmark above national levels, while elevated home values in this part of Los Angeles reinforce renter reliance on multifamily housing rather than ownership, an investor-friendly backdrop for retention and pricing discipline.
Vintage influences competitive positioning: the building’s 1979 construction is slightly newer than the neighborhood’s average vintage (mid-1970s), suggesting scope for targeted renovations and system upgrades to capture value-add upside while remaining competitive against older stock. Based on CRE market data from WDSuite, per-unit NOI levels in the surrounding neighborhood rank among national leaders, underscoring operational potential for well-managed assets.
Safety indicators for the neighborhood compare favorably at the national level. Violent offense metrics benchmark in the top decile nationwide, and property offense measures sit above the national median — a combination that tends to support renter retention and leasing stability relative to many urban peers.
Recent trend data, based on WDSuite’s CRE market data, shows notable year-over-year declines across both violent and property offenses. While conditions can vary by block and over time, the broader trajectory is constructive compared with many Los Angeles sub-areas.
Nearby corporate offices anchor a diverse employment base — telecom, materials, and entertainment — supporting commute convenience and a stable pool of renters for workforce and mid-market units. Specifically, Charter Communications, Avery Dennison, Disney, Radio Disney, and Live Nation Entertainment are within practical driving distance.
- Charter Communications — telecom (5.0 miles)
- Avery Dennison — packaging & materials (7.0 miles) — HQ
- Disney — entertainment (7.1 miles) — HQ
- Radio Disney — media (7.7 miles)
- Live Nation Entertainment — entertainment (11.1 miles)
10243 Samoa Ave offers a durable demand story for a 21-unit asset in a high-cost ownership market. The neighborhood maintains low-90s occupancy with a high renter-occupied share, while 3-mile demographics indicate population growth and a rising proportion of renters in coming years — expanding the tenant base and supporting sustained occupancy. According to CRE market data from WDSuite, the surrounding neighborhood’s per‑unit NOI performance is strong compared to national peers, reinforcing the case for operational consistency.
Constructed in 1979, the property is slightly newer than the area’s mid-1970s average, creating a practical path for value-add through targeted interior updates and modernization of building systems. Elevated home values relative to local incomes tend to support rental demand and lease retention, though affordability pressure warrants attentive lease management and amenity positioning.
- Established tenant base and low-90s neighborhood occupancy support income durability.
- Rising renter share within a 3-mile radius suggests a larger pool of prospective tenants.
- 1979 vintage offers value-add potential via selective renovations and system upgrades.
- Strong per-unit NOI performance locally versus national peers, per WDSuite data.
- Risk: elevated rent-to-income dynamics require careful pricing and retention strategy.