| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 83rd | Best |
| Demographics | 83rd | Best |
| Amenities | 31st | Poor |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 12225 Riverside Dr, Valley Village, CA, 91607, US |
| Region / Metro | Valley Village |
| Year of Construction | 1976 |
| Units | 27 |
| Transaction Date | 2023-03-16 |
| Transaction Price | $3,850,000 |
| Buyer | RIVERW LLC |
| Seller | UROV 12225 RIVERSIDE LLC |
12225 Riverside Dr, Valley Village Multifamily
Positioned in Valley Village with steady neighborhood occupancy and a deep renter base, this 27-unit asset offers exposure to Los Angeles demand drivers, according to WDSuite’s CRE market data.
Valley Village scores a B+ neighborhood rating and ranks 471 out of 1,441 Los Angeles–Long Beach–Glendale metro neighborhoods, indicating the area is competitive among Los Angeles–Long Beach–Glendale neighborhoods. Neighborhood occupancy is 95.3% (neighborhood metric), supporting income stability for multifamily operators relative to broader metro trends referenced by WDSuite.
The renter-occupied share within a 3-mile radius is about two-thirds, signaling a large tenant base and consistent leasing velocity for workforce and professional renters. Median contract rents in the neighborhood sit near the upper end of the regional spectrum and have grown over the last five years, reinforcing pricing power where unit quality and management execution are strong. With a rent-to-income ratio at the neighborhood level of 0.35, operators should balance renewal strategies with affordability management to protect retention.
Local living conveniences are mixed. Dining density is strong (nationally around the 90th percentile for restaurants) and pharmacies are plentiful (also around the 90s nationally), while neighborhood-defined counts for parks, groceries, cafes, and childcare are limited; nearby districts within the San Fernando Valley typically fill those gaps. Elevated home values (near the 99th percentile nationally) and a very high value-to-income ratio underpin a high-cost ownership market, which tends to sustain multifamily demand and lease-up consistency.
Demographic indicators within a 3-mile radius point to a stable-to-expanding renter pool: population is projected to grow alongside a notable increase in households and a slight reduction in average household size by 2028. This combination generally translates to more renters entering the market and supports occupancy stability, based on commercial real estate analysis from WDSuite.
Safety indicators compare favorably at the national level. Violent offense measures sit in the top quartile nationally, and property offense levels are above the national median, according to WDSuite’s CRE market data. Recent year-over-year trends show material declines in both categories, suggesting near-term improvement rather than deterioration.
As with any urban-core Los Angeles submarket, conditions can vary by block and time of day, so operators typically rely on on-site controls and routine monitoring. Framed against peer neighborhoods across the metro, the area’s current trajectory supports renter retention and day-to-day operations without requiring extraordinary security measures.
Proximity to entertainment, media, and corporate offices supports commute convenience and broad renter demand. Key employers within a short drive include Radio Disney, Charter Communications, The Walt Disney Company, Live Nation Entertainment, and Activision Blizzard Studios.
- Radio Disney — media (3.3 miles)
- Charter Communications — telecommunications (4.3 miles)
- Disney — entertainment (4.3 miles) — HQ
- Live Nation Entertainment — entertainment (5.0 miles)
- Activision Blizzard Studios — gaming & media (6.2 miles)
This Valley Village asset aligns with durable Los Angeles multifamily fundamentals: a competitive neighborhood standing, high-cost ownership alternatives that reinforce reliance on rentals, and a large nearby renter base. Neighborhood occupancy is strong, and five-year rent growth has been solid, supporting income stability where unit quality and operations are maintained, according to CRE market data from WDSuite.
Within a 3-mile radius, projections show population growth, a sizable increase in households, and smaller household sizes by 2028 — dynamics that typically expand the tenant base and aid lease-up and renewals. Access to major employers in entertainment and telecom further supports leasing depth, while operators should manage affordability pressure (given a higher rent-to-income ratio) and acknowledge that daily-needs amenities may require short drives beyond the immediate neighborhood.
- Competitive neighborhood with strong occupancy supporting income stability
- High-cost ownership market sustains renter reliance and pricing power
- 3-mile radius shows household growth and smaller sizes, expanding renter pool
- Proximity to entertainment and telecom employers underpins demand and retention
- Risks: affordability pressure (elevated rent-to-income) and limited neighborhood-defined daily amenities