| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 86th | Best |
| Demographics | 73rd | Best |
| Amenities | 78th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 5000 Laurel Canyon Blvd, Valley Village, CA, 91607, US |
| Region / Metro | Valley Village |
| Year of Construction | 1986 |
| Units | 30 |
| Transaction Date | 2010-09-28 |
| Transaction Price | $3,500,000 |
| Buyer | 5000 LAUREL CANYON BLVD LLC |
| Seller | SUGASAWARA JUNE T |
5000 Laurel Canyon Blvd Valley Village Multifamily
Neighborhood occupancy is strong and renter demand is deep in Valley Village, according to WDSuite’s CRE market data, supporting stable multifamily operations near core Studio City–NoHo job nodes.
Valley Village scores well for urban convenience, with grocery, restaurant, and cafe density in the mid-90s national percentiles — a top-quartile amenity profile that helps leasing and retention for workforce and professional tenants. Average school ratings are around the national midpoint, so education quality is serviceable but not a standout factor. Immediate park acreage is limited, which may modestly affect appeal for green space–oriented residents, but overall neighborhood services remain competitive among Los Angeles-Long Beach-Glendale’s 1,441 neighborhoods.
The building’s 1986 vintage is newer than the neighborhood’s typical 1970s stock (average 1978). That positioning can be comparatively competitive versus older assets while still warranting capital planning for system modernization and select unit upgrades to support rentability.
Renter concentration at the neighborhood level is high (about three-quarters of housing units are renter-occupied, top national percentile levels), which signals a deep tenant base for multifamily. Reported neighborhood occupancy is in the top fifth nationally, indicating resilient lease-up and renewal dynamics. Together, these factors point to stable demand for professionally managed apartments at this address.
Within a 3-mile radius, demographics show a slight population contraction over the last five years alongside a small increase in households — a pattern consistent with smaller household sizes that can sustain apartment demand. Forward-looking WDSuite projections indicate expansion by 2028, including growth in households and incomes, which supports a larger tenant base and occupancy stability for well-located assets.
Home values rank in the uppermost national percentiles and the value-to-income ratio is also elevated, characterizing a high-cost ownership market. For investors, this typically reinforces reliance on multifamily housing, aiding pricing power and lease retention when combined with neighborhood-level rent-to-income around one-quarter.
Based on WDSuite’s CRE market data, the neighborhood’s safety profile is favorable relative to both the metro and nation. Crime ranks competitively among Los Angeles-Long Beach-Glendale neighborhoods (306 out of 1,441), and national positioning is in the upper quartiles, indicating comparatively safer conditions than many urban peers. Recent year-over-year trends show sharp declines in both violent and property offense rates, a positive directional signal, though investors should monitor consistency over multiple periods.
Proximity to major media and communications employers supports renter demand and commute convenience for creative, tech, and corporate professionals. Nearby anchors include Radio Disney, Charter Communications, Disney, Live Nation Entertainment, and Activision Blizzard Studios.
- Radio Disney — corporate offices (3.2 miles)
- Charter Communications — corporate offices (4.0 miles)
- Disney — corporate offices (4.1 miles) — HQ
- Live Nation Entertainment — corporate offices (5.1 miles)
- Activision Blizzard Studios — corporate offices (6.5 miles)
This 30-unit Valley Village asset benefits from a high-renter neighborhood, solid amenity density, and neighborhood occupancy around 96%, which is above national norms. The 1986 construction is newer than the local average, offering relative competitiveness versus older inventory while leaving room for targeted modernization to enhance rentability and returns. According to CRE market data from WDSuite, elevated home values and a high value-to-income ratio characterize a costly ownership landscape that tends to sustain multifamily demand and lease retention.
Within a 3-mile radius, households have inched up even as population edged down, indicating smaller household sizes that can enlarge the renter pool; forecasts point to growth in households and incomes through 2028, a constructive backdrop for occupancy stability. Key entertainment and communications employers within 3–6 miles bolster daytime and resident demand, though investors should account for industry concentration when underwriting.
- High renter concentration and above-average neighborhood occupancy support stable leasing
- 1986 vintage competitive versus older stock with value-add/modernization upside
- Amenity-rich urban setting and nearby media/communications employers reinforce demand
- High-cost ownership market underpins rental reliance and pricing power
- Risks: limited immediate park access, average school ratings, and sector concentration exposure