| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 65th | Poor |
| Demographics | 52nd | Fair |
| Amenities | 23rd | Poor |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 6810 Foothill Blvd, Tujunga, CA, 91042, US |
| Region / Metro | Tujunga |
| Year of Construction | 1988 |
| Units | 32 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
6810 Foothill Blvd Tujunga Multifamily Investment
This 32-unit property in suburban Tujunga benefits from strong neighborhood safety metrics, ranking in the 85th percentile nationally for low crime rates. According to CRE market data from WDSuite, the area maintains stable rental demand with improving crime trends despite modest amenity density.
Built in 1988, this property sits in a suburban Tujunga neighborhood with construction year averaging 1957, indicating potential value-add opportunities through strategic renovations and unit upgrades. The neighborhood ranks above metro median among 1,441 Los Angeles metro neighborhoods for housing fundamentals, with median contract rents of $1,772 showing 51% growth over five years.
Demographics within a 3-mile radius show household income averaging $104,226 with 34% of housing units renter-occupied, supporting consistent rental demand. Population projections indicate 7.6% growth through 2028, expanding the potential tenant base while household formation is expected to increase 42% over the same period. Current neighborhood occupancy of 87.7% reflects typical suburban multifamily performance, though down modestly from prior years.
The area maintains limited walkable amenities with 1.23 grocery stores per square mile and minimal cafe or childcare density. However, median home values of $774,134 with 36% appreciation over five years reinforce rental demand by keeping homeownership costs elevated relative to renting. The rent-to-income ratio of 17% suggests reasonable affordability for area households, supporting tenant retention and lease renewals.
The neighborhood demonstrates strong safety fundamentals, ranking in the 85th percentile nationally for low crime rates among metro neighborhoods. Property crime rates of 53 incidents per 100,000 residents place the area in the top quartile of Los Angeles metro neighborhoods, while violent crime rates remain well below regional averages at 10.5 incidents per 100,000 residents.
Notably, both property and violent crime rates declined substantially over the past year, with property crimes falling 86% and violent offenses down 87%. These improving trends, combined with the neighborhood's suburban character, support tenant retention and leasing stability for multifamily properties in the area.
The property benefits from proximity to major corporate offices and headquarters across entertainment, telecommunications, and professional services sectors that anchor regional employment demand.
- Charter Communications — telecommunications (4.9 miles)
- Avery Dennison — materials & manufacturing (6.4 miles) — HQ
- Disney — entertainment & media (6.8 miles) — HQ
- Radio Disney — broadcasting (7.4 miles)
- Live Nation Entertainment — entertainment services (10.7 miles)
This 32-unit suburban property presents value-add potential through its 1988 construction vintage, positioning it for strategic renovations while benefiting from strong neighborhood safety metrics that rank in the 85th percentile nationally. The area's improving crime trends and stable rental fundamentals support occupancy retention, while proximity to major employers including Disney and Avery Dennison headquarters provides workforce housing demand within reasonable commuting distance.
Commercial real estate analysis indicates favorable rental market dynamics, with neighborhood rents growing 51% over five years and projected household formation increasing 42% through 2028. The elevated home values relative to rental costs reinforce tenant demand, while the property's vintage allows for value creation through unit improvements and operational efficiencies.
- Strong safety profile with 85th percentile national ranking for low crime rates
- Value-add opportunity through 1988 vintage with renovation upside potential
- Proximity to major employers including Disney and Avery Dennison headquarters
- Projected 42% household formation growth through 2028 expanding tenant base
- Risk consideration: Limited walkable amenities may impact tenant appeal and retention