| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 83rd | Best |
| Demographics | 83rd | Best |
| Amenities | 31st | Poor |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 5051 Whitsett Ave, Valley Village, CA, 91607, US |
| Region / Metro | Valley Village |
| Year of Construction | 1985 |
| Units | 22 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
5051 Whitsett Ave Valley Village Multifamily Investment
This 22-unit property sits within a neighborhood ranking in the top quartile nationally for crime safety and demographics. Commercial real estate analysis reveals strong fundamentals with 95.3% neighborhood occupancy and median household income growth of 30% over five years.
Valley Village offers a compelling investment environment with neighborhood-level occupancy at 95.3%, outperforming many metro areas. The property was constructed in 1985, positioning it for potential value-add opportunities through strategic renovations and unit improvements that could capture higher market rents.
Demographics within a 3-mile radius show 227,675 residents with 67.8% of housing units occupied by renters, creating substantial rental demand depth. Median household income has grown 30.4% over the past five years to $89,601, while forecasts project continued income growth of 41.1% through 2028, supporting tenant retention and rent growth potential.
The neighborhood ranks 154th among 1,441 Los Angeles metro neighborhoods for demographics (83rd national percentile) and maintains strong safety metrics at the 87th national percentile. High home values with a median of $1.24 million reinforce rental demand, as elevated ownership costs keep households in the multifamily market longer.
Rent affordability presents some considerations, with rent-to-income ratios at the 3rd national percentile, requiring careful lease management and retention strategies. However, the 50% rental share and proximity to major employment centers provide stable tenant demand fundamentals.
Valley Village demonstrates strong safety fundamentals that support tenant retention and property values. The neighborhood ranks 76th among 1,441 Los Angeles metro neighborhoods for crime, placing it in the 87th national percentile - indicating significantly lower crime rates compared to neighborhoods nationwide.
Both violent and property crime trends show substantial improvement, with violent offenses declining 95.6% year-over-year and property crimes dropping 83.4%. These positive safety trends, combined with the neighborhood's top-quartile national ranking, create a stable environment that supports occupancy and reduces tenant turnover risks.
Valley Village benefits from proximity to major entertainment and corporate headquarters that drive consistent rental demand from industry professionals and support staff.
- Radio Disney — media and entertainment (3.7 miles)
- Charter Communications — telecommunications (4.3 miles)
- Disney — entertainment and media (4.6 miles) — HQ
- Live Nation Entertainment — entertainment services (5.5 miles)
- Live Nation Entertainment — entertainment services (6.1 miles) — HQ
This Valley Village property presents a balanced investment opportunity supported by strong neighborhood fundamentals and strategic location. Built in 1985, the asset offers value-add potential through targeted improvements while benefiting from a mature, established area with top-quartile safety rankings nationally.
CRE market data from WDSuite indicates the neighborhood maintains 95.3% occupancy with substantial rental demand from the 67.8% renter-occupied housing base. Demographic projections show continued household income growth and renter pool expansion, supporting long-term occupancy stability despite some affordability pressures that require active lease management.
- Strong safety profile ranking 87th percentile nationally with declining crime trends
- High rental demand supported by elevated ownership costs and 67.8% renter occupancy
- Value-add potential from 1985 construction vintage in established neighborhood
- Proximity to major entertainment employers including Disney and Live Nation
- Risk consideration: rent-to-income ratios require careful lease management strategies