| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 83rd | Best |
| Demographics | 69th | Good |
| Amenities | 46th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 5439 Whitsett Ave, Valley Village, CA, 91607, US |
| Region / Metro | Valley Village |
| Year of Construction | 1985 |
| Units | 22 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
5439 Whitsett Ave, Valley Village Multifamily Investment
Positioned in an Urban Core neighborhood with above-median occupancy and a deep renter base, this asset benefits from steady renter demand according to WDSuite’s CRE market data. Neighborhood metrics cited below reflect the surrounding area, not the property itself.
Valley Village sits within the Los Angeles-Long Beach-Glendale metro and scores a B+ neighborhood rating, competitive among Los Angeles neighborhoods. The area’s occupancy is above the metro median and performs in the upper tier nationally, supporting stable rent rolls for professionally managed multifamily.
Livability is driven by strong day-to-day access to groceries and dining (both well above national averages), while parks, pharmacies, and cafes are comparatively limited in the immediate area. Childcare density ranks in the upper percentiles nationally, which can support retention among family renters. Average school ratings are not available in this dataset; investors may wish to underwrite conservatively on that factor.
The share of housing units that are renter-occupied in the neighborhood is high, indicating a sizable tenant base for multifamily operators and depth for leasing and renewals. Median contract rents in the neighborhood trend toward the higher end nationally, consistent with the Los Angeles market’s positioning.
Home values in the neighborhood are elevated versus most U.S. neighborhoods, characteristic of a high-cost ownership market. This typically sustains reliance on rental housing and can support pricing power, though lease management should balance rent growth strategies with resident retention. Demographic statistics aggregated within a 3-mile radius show a slight population dip alongside a modest increase in households, pointing to smaller household sizes; forecasts call for household and income growth through 2028, expanding the potential renter pool and supporting occupancy stability.
Neighborhood safety indicators compare favorably to many U.S. neighborhoods, with overall crime measures in higher national percentiles (safer) and recent year-over-year declines in both violent and property offenses. These are neighborhood-level trends and can support leasing confidence and retention, while still warranting standard operational vigilance consistent with urban Los Angeles assets.
Proximity to major media and communications employers underpins a diverse white-collar renter base and supports leasing stability, particularly for professionals seeking short commutes to Radio Disney, Charter Communications, Disney, Live Nation Entertainment, and Activision Blizzard Studios.
- Radio Disney — corporate offices (3.9 miles)
- Charter Communications — telecommunications (4.0 miles)
- Disney — entertainment studios (4.7 miles) — HQ
- Live Nation Entertainment — entertainment (5.9 miles)
- Activision Blizzard Studios — gaming & media (7.1 miles)
Built in 1985, 5439 Whitsett Ave offers a relatively newer vintage than much of the surrounding stock, positioning it competitively versus older assets while still allowing room for selective modernization. The neighborhood posts above-median occupancy and a high share of renter-occupied housing units, which supports demand depth. Elevated ownership costs locally reinforce renter reliance on multifamily housing and can sustain pricing power when paired with disciplined renewals and concessions management. According to CRE market data from WDSuite, neighborhood-level NOI performance trends high for the metro, consistent with strong rent fundamentals.
Within a 3-mile radius, recent trends show a slight population decline but a modest rise in household counts, with forecasts indicating meaningful growth in households and incomes through 2028. For a 22-unit property with spacious average floor plans, that backdrop supports tenant retention and the potential to capture premium rents with targeted value-add, while keeping an eye on affordability pressure and amenity trade-offs typical of urban Los Angeles locations.
- 1985 vintage offers competitive positioning vs. older local stock, with optional value-add to modernize systems and finishes.
- Above-median neighborhood occupancy and strong renter concentration support leasing stability and renewal depth.
- High-cost ownership market sustains rental demand, aiding pricing power with disciplined lease management.
- 3-mile household and income growth projections bolster long-term renter pool expansion and NOI durability.
- Key risks: affordability pressure, mixed amenity coverage (limited parks/cafes), and urban operational considerations.