| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 86th | Best |
| Demographics | 73rd | Best |
| Amenities | 78th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 11940 W Magnolia Blvd, Valley Village, CA, 91607, US |
| Region / Metro | Valley Village |
| Year of Construction | 1987 |
| Units | 44 |
| Transaction Date | 2001-02-28 |
| Transaction Price | $300,000 |
| Buyer | DEUTSCH ASSOCIATED LTD |
| Seller | SAMUEL JOE |
11940 W Magnolia Blvd Valley Village Multifamily Opportunity
Situated in an Urban Core pocket of Valley Village, this 44-unit asset benefits from strong renter demand and high neighborhood occupancy, according to WDSuite’s CRE market data. The area’s high-cost ownership market supports durable leasing fundamentals for well-managed multifamily.
Neighborhood fundamentals are attractive for multifamily. The area carries an A rating and ranks 111 out of 1,441 Los Angeles neighborhoods, placing it above the metro median and competitive for investors seeking stability. High neighborhood occupancy and a large share of renter‑occupied units point to a deep tenant base and support for lease retention.
Daily-life amenities are a relative strength: neighborhood amenity access ranks 250 of 1,441 (top quartile in the metro), with national percentiles indicating robust food-and-beverage and convenience options (cafes and restaurants both in the mid‑90s nationally; pharmacies high‑80s). Grocery density also tests near the top of national comparisons. While park access is limited locally, the broader amenity mix supports renter convenience and reduces friction at renewal.
Income and housing indicators underscore demand resilience. Median home values sit in the high national percentiles alongside a very elevated value‑to‑income ratio, a combination that reinforces reliance on rental housing and can support pricing power in stabilized assets. At the same time, rent-to-income levels in the neighborhood read as manageable relative to incomes, helping reduce near‑term retention risk.
Within a 3‑mile radius, demographics show a stable working‑age profile and a rising household count despite flat to slightly lower population — suggesting smaller household sizes and a gradual expansion of the renter pool. Forecasts point to further growth in households by 2028, which would increase the addressable tenant base and support occupancy stability. These trends, combined with the neighborhood’s high national percentiles for NOI per unit, align with investor priorities identified through commercial real estate analysis from WDSuite.
Safety compares favorably to broader benchmarks: the neighborhood’s crime profile ranks 306 out of 1,441 Los Angeles neighborhoods, placing it above the metro average, and it sits in the upper national percentiles for safety. Recent data also indicate notable year‑over‑year declines in both violent and property offenses, signaling an improving trend that investors can monitor as part of asset management planning.
Proximity to media, entertainment, and corporate services employers supports workforce housing demand and commute convenience for renters, including Radio Disney, Charter Communications, Disney, and Live Nation Entertainment.
- Radio Disney — corporate offices (3.1 miles)
- Charter Communications — corporate offices (3.7 miles)
- Disney — corporate offices (4.0 miles) — HQ
- Live Nation Entertainment — corporate offices (5.2 miles)
- Live Nation Entertainment — corporate offices (6.2 miles) — HQ
11940 W Magnolia Blvd offers exposure to a high-demand Valley Village pocket where renter concentration, high neighborhood occupancy, and a high-cost ownership landscape together support durable leasing. Built in 1987, the asset is newer than the neighborhood average vintage, which can offer a competitive edge versus older stock while still leaving room for targeted modernization to capture value‑add upside. According to CRE market data from WDSuite, the neighborhood sits in strong national percentiles for NOI per unit and amenity access, reinforcing the case for steady operations.
Within a 3‑mile radius, households are increasing and forecasts point to continued growth by 2028, expanding the tenant base and supporting occupancy stability. Income trends and manageable rent‑to‑income levels help underpin retention, while proximity to major employers in media and corporate services supports consistent leasing demand. Key items to underwrite include modest school ratings, limited park access, and ongoing monitoring of safety improvements and sector employment cycles.
- Renter‑heavy neighborhood with above‑average occupancy supports leasing stability and renewal capture.
- 1987 vintage offers competitive positioning versus older stock with targeted value‑add potential.
- High ownership costs reinforce rental demand and can support pricing power in stabilized operations.
- Expanding household counts within 3 miles point to a growing tenant base and occupancy support.
- Risks: modest school ratings, limited park access, and sensitivity to employment cycles; continue to monitor safety trends.