| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 77th | Good |
| Demographics | 51st | Fair |
| Amenities | 13th | Poor |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 10655 Tujunga Canyon Blvd, Tujunga, CA, 91042, US |
| Region / Metro | Tujunga |
| Year of Construction | 1982 |
| Units | 23 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
10655 Tujunga Canyon Blvd Multifamily Investment, Tujunga
Neighborhood occupancy has held in the mid-90s and about half of nearby housing units are renter-occupied, supporting demand durability according to WDSuite’s CRE market data. Positioned in Los Angeles County, the asset benefits from steady renter demand and a high-cost ownership market that favors multifamily leasing.
This Tujunga location sits within the Los Angeles-Long Beach-Glendale metro, where the neighborhood posts above metro median occupancy (rank 718 of 1,441) and a renter-occupied share around one-half, indicating a deep tenant base and stable leasing dynamics, based on CRE market data from WDSuite. Within a 3-mile radius, population has edged up recently and is projected to grow further by 2028, which supports a larger tenant base and occupancy stability.
Retail and daily-needs access skew practical rather than lifestyle-driven. Grocery availability is competitive (top quartile nationally), while broader amenities such as cafes, restaurants, parks, and pharmacies index below national medians. For investors, this mix suggests a resident profile prioritizing value and convenience over entertainment density, which can aid retention when managed with service quality and pricing discipline.
Home values in the neighborhood rank in the upper decile nationally, and the value-to-income ratio is also elevated. In practice, this high-cost ownership market tends to reinforce reliance on rental housing and can support pricing power and lease-up consistency for well-managed assets. At the same time, the neighborhood’s rent-to-income ratio trends on the lower side nationally, which can mitigate affordability pressure and help sustain renewals.
Schools in the area score below national medians, which may temper appeal for some households, but the 3-mile radius shows rising household incomes and a forecasted increase in household count alongside slightly smaller average household sizes—factors that typically expand the renter pool and support steady demand for multifamily units.
Vintage context: with an estimated neighborhood average construction year near 1970, a 1982-built property is newer than much of the local stock. That positioning can enhance competitive standing versus older assets, while still warranting targeted capital planning for systems modernization or light value-add to capture rent premiums.
Safety trends are comparatively favorable. The neighborhood’s crime ranking is competitive among Los Angeles-Long Beach-Glendale neighborhoods (rank 242 out of 1,441), and national comparisons place it in a stronger-than-average position. Recent year-over-year estimates indicate notable declines in both property and violent offenses, which, if sustained, can support resident retention and reduce turnover-related costs.
As with all sub-metro comparisons, conditions can vary by block and over time. Investors should pair these directional indicators with on-the-ground diligence and ongoing monitoring to manage risk and resident experience.
Nearby corporate offices provide a diversified employment base that supports renter demand and commuting convenience, notably Charter Communications, Disney, Avery Dennison, Radio Disney, and Live Nation Entertainment.
- Charter Communications — corporate offices (5.2 miles)
- Disney — corporate offices (7.5 miles) — HQ
- Avery Dennison — corporate offices (7.6 miles) — HQ
- Radio Disney — corporate offices (8.0 miles)
- Live Nation Entertainment — corporate offices (11.5 miles)
10655 Tujunga Canyon Blvd is a 23-unit, 1982-vintage property with larger-than-typical average unit sizes for the market, positioned to capture steady demand in a neighborhood that trends above the metro median for occupancy. High home values and an elevated value-to-income ratio indicate a high-cost ownership market, which generally sustains reliance on rentals and supports lease-up and renewal performance when operations are disciplined.
Within a 3-mile radius, modest population growth to date and a projected increase in households point to a larger tenant base over the next few years, even as average household size edges lower—dynamics that typically support occupancy stability. According to CRE market data from WDSuite, the area’s renter-occupied share is meaningful today and is projected to deepen, while the neighborhood’s relatively lower rent-to-income ratio nationally can help manage affordability pressure and retention risk. The 1982 vintage is newer than much of the surrounding stock, offering competitive positioning with potential value-add via targeted modernization.
- Above-metro-median neighborhood occupancy supports stable collections
- High-cost ownership market reinforces renter demand and pricing power
- 1982 vintage offers competitive positioning with modernization upside
- 3-mile trends indicate renter pool expansion and rising incomes
- Risks: thinner lifestyle amenities and below-median school ratings may temper demand for some households