| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 86th | Best |
| Demographics | 73rd | Best |
| Amenities | 78th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 11904 Chandler Blvd, Valley Village, CA, 91607, US |
| Region / Metro | Valley Village |
| Year of Construction | 1974 |
| Units | 30 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
11904 Chandler Blvd Valley Village Multifamily Opportunity
Neighborhood occupancy is in the mid-90s, supporting stable income and tenant retention at the submarket level, according to WDSuite’s CRE market data.
Rated A and positioned in the top quartile among 1,441 Los Angeles metro neighborhoods, the Valley Village area surrounding 11904 Chandler Blvd offers a dense Urban Core setting with strong day-to-day convenience. Grocery access ranks among the best nationally, and the concentration of cafes and restaurants is high, helping sustain renter appeal and lease-up velocity.
Amenity depth is a differentiator: neighborhood measures sit in the upper national percentiles for groceries, cafes, pharmacies, and dining. School ratings are closer to the national midpoint, which may modestly temper family-driven demand, but overall livability remains competitive among Los Angeles neighborhoods.
For multifamily fundamentals, the neighborhood’s renter-occupied share is elevated (measured at the neighborhood level), indicating a deep tenant base and supportive demand for professionally managed units. Occupancy in the neighborhood trends strong and competitive among Los Angeles peers, which can underpin cash-flow stability during typical leasing cycles.
Within a 3-mile radius, recent data show a slight population dip alongside stable household counts, with forward-looking projections indicating population growth and a sizable increase in households. This mix suggests smaller household sizes and a larger tenant base over time, supporting demand for rental units. Elevated home values in the neighborhood, relative to incomes, reinforce reliance on multifamily rentals and can aid pricing power and lease retention for well-managed assets.
Neighborhood safety indicators are comparatively favorable for Los Angeles, with the area performing in the top quartile among 1,441 metro neighborhoods and above the national median. Recent year-over-year estimates point to notable declines in both property and violent offense rates at the neighborhood level, a positive trend for renter confidence and leasing stability. These statistics reflect broader neighborhood conditions rather than property-specific security measures.
Proximity to entertainment and corporate offices supports a diverse employment base and commuter convenience for renters, with nearby roles in media, telecommunications, and live entertainment reflected below.
- Radio Disney — media (3.1 miles)
- Charter Communications — telecommunications (3.5 miles)
- Disney — entertainment studios (3.9 miles) — HQ
- Live Nation Entertainment — live events & corporate offices (5.4 miles)
- Activision Blizzard Studios — gaming & media (7.0 miles)
This 30-unit property built in 1974 sits within an amenity-rich Urban Core neighborhood that ranks in the top quartile across the Los Angeles metro. A high renter-occupied share at the neighborhood level supports a deep tenant base, while occupancy remains competitive versus metro peers. Elevated ownership costs locally sustain reliance on rentals, and rent-to-income dynamics suggest manageable affordability pressure that can aid retention, based on commercial real estate analysis from WDSuite.
The 1974 vintage implies potential value-add through interior updates and systems modernization, with capital planning balancing against strong neighborhood demand drivers and proximity to major employers. Forward-looking 3-mile demographics point to population growth and a meaningful increase in households, indicating a larger tenant pool that can support occupancy stability over a multi-year hold.
- Strong Urban Core location with top-quartile metro ranking and dense amenities
- High neighborhood renter-occupied share supports demand depth and leasing stability
- Elevated ownership costs locally reinforce sustained renter reliance and pricing power
- 1974 vintage offers value-add and modernization upside with targeted capex
- Risks: aging systems and average school ratings may require capex and leasing strategy adjustments