| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 70th | Poor |
| Demographics | 64th | Good |
| Amenities | 41st | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 7762 Foothill Blvd, Tujunga, CA, 91042, US |
| Region / Metro | Tujunga |
| Year of Construction | 1986 |
| Units | 47 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
7762 Foothill Blvd Tujunga Multifamily Investment
Neighborhood metrics point to steady renter demand supported by strong incomes and a high-cost ownership market; according to WDSuite’s CRE market data, local occupancy and rent-to-income levels suggest durable leasing fundamentals.
Situated in Tujunga within Los Angeles County, the property’s submarket profile is investor-friendly for workforce and middle-income households. The neighborhood carries a B- rating and ranks 774 out of 1,441 metro neighborhoods, placing it near the metro median, according to CRE market data from WDSuite. Median school quality trends slightly above national averages, which can support family retention and longer tenancies.
Local amenity access is mixed: cafes and restaurants are competitive nationally (cafe density in the 87th percentile; restaurants in the 78th), while in-neighborhood grocery, park, and pharmacy options are limited. For multifamily operators, this combination often skews demand toward properties on commuter corridors or near daily-needs nodes; it can also favor on-site conveniences to reduce reliance on distant retail.
Housing dynamics underscore rental durability. The neighborhood’s renter-occupied share is 25.7% (owner-leaning), indicating a thinner but potentially stable tenant base. At the same time, elevated home values relative to income (95th percentile nationally) signal a high-cost ownership market that tends to sustain reliance on multifamily rentals and support pricing power over time. Rent-to-income levels benchmark around the national mid-range, supporting lease management and retention.
Within a 3-mile radius, population and household counts have edged up and are projected to grow further, with forecasts indicating a larger tenant base and a shift toward a more balanced mix of owners and renters by 2028. These trends, combined with top-decile neighborhood NOI per unit nationally, point to solid long-run fundamentals and income durability relative to older Los Angeles inner-suburb stock.
The asset was constructed in 1986, newer than the neighborhood’s average vintage (1972). That positioning typically reduces near-term capital intensity versus older Class C inventories, while still allowing targeted renovations or systems modernization to sharpen competitive positioning.
Safety indicators compare favorably on a national basis. Neighborhood measures for violent and property offenses track in the upper national percentiles (safer than average), and recent year-over-year trends show meaningful declines in estimated incident rates. In metro context, conditions can vary across Los Angeles neighborhoods, so operators typically underwrite with conservative assumptions and focus on property-level controls and lighting, but the directional trend is constructive.
Proximity to major corporate employers supports commute convenience and a diversified renter base, notably in media, entertainment, and communications. The following nearby employers anchor local demand and can aid leasing stability:
- Charter Communications — telecommunications (4.7 miles)
- Disney — entertainment studios (7.1 miles) — HQ
- Avery Dennison — materials & packaging (7.4 miles) — HQ
- Radio Disney — media (7.6 miles)
- Live Nation Entertainment — entertainment offices (11.1 miles)
This 47-unit asset at 7762 Foothill Blvd offers a balanced long-term thesis: an owner-leaning neighborhood with strong household incomes and high ownership costs that reinforce rental demand, paired with national top-decile neighborhood NOI performance. According to commercial real estate analysis from WDSuite, rent-to-income levels sit around the national mid-range, supporting occupancy stability and lease retention, while occupancy at the neighborhood level remains consistent with inner-suburban Los Angeles patterns.
Built in 1986, the property is newer than the area’s average vintage, which can temper immediate capital needs versus older cohorts while still leaving room for targeted value-add through unit refreshes and systems modernization. Within a 3-mile radius, population and households are projected to grow, expanding the renter pool and supporting long-run absorption and pricing power.
- Owner-leaning neighborhood with elevated ownership costs that sustain reliance on rentals
- National top-decile neighborhood NOI per unit supports income durability
- 1986 vintage offers competitive positioning with value-add potential via selective renovations
- 3-mile radius shows projected growth in households, expanding the tenant base
- Risk: limited in-neighborhood grocery/park access and an owner-heavy tenure may narrow the immediate renter pool