| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 83rd | Best |
| Demographics | 69th | Good |
| Amenities | 46th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 12626 Burbank Blvd, Valley Village, CA, 91607, US |
| Region / Metro | Valley Village |
| Year of Construction | 1985 |
| Units | 25 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
12626 Burbank Blvd, Valley Village Multifamily
Positioned in an Urban Core pocket of Valley Village, this 25-unit asset benefits from steady neighborhood occupancy and a deep renter base, according to WDSuite s CRE market data.
Valley Village posts a B+ neighborhood rating and ranks 447 out of 1,441 Los Angeles metro neighborhoods, placing it competitive among Los Angeles neighborhoods. Restaurants and grocery options are strong locally by national comparison, while park, pharmacy, and cafe density appears more limited factors investors can consider when positioning amenities.
Neighborhood occupancy has held in the mid-90s, which supports income stability at the submarket level; this occupancy figure reflects the broader neighborhood, not the property. The share of housing units that are renter-occupied sits well above the metro median, signaling depth in the tenant base and potential leasing resiliency.
Within a 3-mile radius, recent years show slight population softness but a modest increase in households and smaller average household sizes. Forecasts point to household expansion over the next five years, which typically enlarges the renter pool and supports occupancy stability. Median incomes have trended higher, reinforcing effective demand for quality rentals.
Home values in this area are elevated relative to national norms; in practice, a high-cost ownership market tends to sustain reliance on multifamily rentals and can support pricing power with careful lease management. Rents in the neighborhood track above national levels and have grown over the last cycle, aligning with the area s Urban Core dynamics and broader commercial real estate analysis trends.
Safety indicators are comparatively favorable: the neighborhood s crime rank is 257 out of 1,441 Los Angeles metro neighborhoods, placing it in the top quartile locally and around the 80th percentile versus neighborhoods nationwide. These figures reflect neighborhood-level conditions rather than property-specific risk.
Recent year-over-year data from WDSuite shows marked declines in both property and violent offense estimates, suggesting improving trends. Investors should still underwrite to standard urban management practices, but current trajectories are supportive relative to broader metro patterns.
Proximity to media, entertainment, and telecom employers helps underpin renter demand and commute convenience for workforce tenants, including Radio Disney, Charter Communications, Disney, and Live Nation Entertainment.
- Radio Disney media (4.0 miles)
- Charter Communications telecommunications (4.1 miles)
- Disney entertainment studios (4.9 miles) HQ
- Live Nation Entertainment entertainment offices (6.1 miles)
- Live Nation Entertainment entertainment offices (6.8 miles) HQ
Built in 1985, the property is newer than the neighborhood s average vintage, offering competitive positioning versus older stock while leaving room for targeted modernization and systems upgrades as part of a value-add plan. Neighborhood occupancy has remained stable in the mid-90s and renter-occupied housing share is high, indicating depth of tenant demand and potential retention advantages. Based on CRE market data from WDSuite, elevated ownership costs in the area tend to reinforce reliance on multifamily housing, which can support pricing power when paired with disciplined lease management.
Within a 3-mile radius, forecasts call for an increase in households and smaller household sizes over the next several years, which typically expands the renter pool and supports occupancy stability. The local employment base across media and telecom provides additional demand drivers, though investors should consider sector cyclicality and amenity gaps (limited parks/pharmacies) in their underwriting.
- Newer 1985 vintage vs. area average, with potential for selective value-add and modernization.
- Neighborhood occupancy stability and high renter concentration support leasing consistency (neighborhood metrics, not property-specific).
- Elevated ownership costs sustain rental demand, aiding pricing power with prudent lease management.
- 3-mile forecasts indicate household growth and smaller household sizes, enlarging the renter pool.
- Consider risks: entertainment-sector cyclicality and thinner park/pharmacy amenities may affect positioning.