| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 86th | Best |
| Demographics | 73rd | Best |
| Amenities | 78th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 12021 Magnolia Blvd, Valley Village, CA, 91607, US |
| Region / Metro | Valley Village |
| Year of Construction | 1972 |
| Units | 27 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
12021 Magnolia Blvd Valley Village Multifamily Investment
The surrounding Valley Village neighborhood shows strong renter demand and stable occupancy, according to WDSuite’s CRE market data, supporting steady income fundamentals for a 27-unit asset. Elevated ownership costs locally further reinforce reliance on multifamily rentals.
This Urban Core neighborhood in Valley Village carries an A rating and ranks 111 out of 1,441 Los Angeles metro neighborhoods, placing it in the top quartile for overall performance. Amenity access is a clear strength: cafes and restaurants score in the mid-to-high 90s nationally, and grocery options are similarly abundant, which tends to support resident retention and day-to-day convenience for renters.
From an operations perspective, neighborhood multifamily occupancy is strong (80th percentile nationally), and average NOI per unit ranks in the mid-90s percentile range versus neighborhoods nationwide—signals of healthy demand and pricing power when benchmarked to broader CRE trends. The renter-occupied share is high at the neighborhood level (roughly three-quarters of housing units), indicating a deep tenant base that can support leasing stability over time.
Home values in the neighborhood sit near the top of national comparisons, creating a high-cost ownership market. For investors, this typically sustains demand for rental housing and can strengthen lease retention, while the neighborhood’s rent-to-income profile (lower national percentile) suggests potential for more measured affordability pressure relative to other Los Angeles locations.
Built in 1972, the property is older than the neighborhood’s average construction vintage (1978). Investors should plan for capital expenditures and targeted renovations; that same age profile can provide value-add potential to improve finishes, systems, and energy efficiency, enhancing competitive positioning against newer stock.
Demographics aggregated within a 3-mile radius show a broad working-age population and a modest decline in recent years, with forecasts pointing to population growth and a substantial increase in households by 2028. Smaller projected household sizes and a growing higher-income segment point to a larger tenant base for professionally managed apartments and support for occupancy stability as more renters enter the market.
Compared with neighborhoods nationwide, the area scores in the upper tiers for safety (around the high-70s percentile nationally), and it sits in the top quartile among 1,441 Los Angeles metro neighborhoods. Recent year-over-year data also indicates notable declines in both violent and property offense rates at the neighborhood level.
As with any urban Los Angeles location, conditions can vary by block and over time, so investors should corroborate trends with current, property-level due diligence. The directional data, however, suggests the neighborhood has moved toward comparatively safer standing in the metro and nationally.
Nearby media and entertainment employers—including Radio Disney, Charter Communications, Disney, Live Nation Entertainment, and Activision Blizzard Studios—anchor a large professional workforce, supporting renter demand through commute convenience and industry depth.
- Radio Disney — media (3.2 miles)
- Charter Communications — telecommunications (3.7 miles)
- Disney — entertainment studios (4.1 miles) — HQ
- Live Nation Entertainment — live entertainment (6.3 miles) — HQ
- Activision Blizzard Studios — gaming & media (6.7 miles)
This 27-unit, 1972-vintage asset benefits from a deep renter pool in an A-rated Valley Village neighborhood with strong amenity access and high neighborhood occupancy. Elevated home values in the area underpin reliance on rentals, while neighborhood NOI per unit benchmarks in the mid-90s national percentile range point to durable operating fundamentals relative to peers.
According to CRE market data from WDSuite, the neighborhood shows stable occupancy and a high renter-occupied share, and 3-mile demographics point to household growth with smaller household sizes—factors that can support tenant demand and lease-up durability. The 1972 vintage also presents a practical path for value-add upgrades and systems modernization to improve competitiveness versus newer product.
- A-rated neighborhood in the top quartile of 1,441 Los Angeles metro areas with strong amenity access
- High neighborhood occupancy and renter concentration support demand depth and retention
- Elevated ownership costs sustain rental demand and pricing power potential
- 1972 vintage offers value-add and CapEx opportunities to enhance performance
- Risks: older systems, mixed school ratings, and urban variability require targeted capital planning and due diligence