| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 83rd | Best |
| Demographics | 69th | Good |
| Amenities | 46th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 5925 N Whitsett Ave, Valley Village, CA, 91607, US |
| Region / Metro | Valley Village |
| Year of Construction | 1984 |
| Units | 34 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
5925 N Whitsett Ave Valley Village Value-Add Multifamily
Neighborhood fundamentals point to steady renter demand and above-median occupancy for the metro, according to WDSuite’s CRE market data, suggesting a practical hold for income with upgrade potential.
Valley Village sits within Los Angeles’s Urban Core with a B+ neighborhood rating and a tenant base that supports multifamily operations. Neighborhood occupancy is above the metro median among 1,441 Los Angeles-Long Beach-Glendale neighborhoods, a signal of leasing stability investors often prioritize.
Renter-occupied housing accounts for a high share of local units, placing in the top quartile nationally. That renter concentration deepens the prospective tenant pool and can support consistent leasing, while the area’s elevated home values (upper percentiles nationally) and a high value-to-income ratio reinforce reliance on rentals rather than ownership—often supportive of renewal rates and pricing power.
Daily-needs access is a relative strength: grocery and restaurant density rank in the 95th percentile nationwide, while childcare availability is also strong. By contrast, parks, pharmacies, and cafes are thinner in the immediate neighborhood—an amenity mix that is serviceable for residents but may limit lifestyle appeal compared with top-tier LA sub-neighborhoods.
Within a 3-mile radius, recent years show a modest population dip but a slight uptick in household counts and smaller average household sizes. Forward-looking data indicate increases in population and households, implying a larger tenant base and more renters entering the market—factors that typically support occupancy and rent durability. Median household incomes have been rising, adding to depth of demand for well-managed, quality rental product.
The property’s 1984 vintage is newer than the neighborhood’s older average stock. That positioning can be competitively advantageous versus pre-1970s assets, while still leaving room for selective modernization to enhance rentability and reduce near-term capital friction.
Safety indicators compare favorably to national benchmarks, with violent incident measures in the top quartile nationwide and property crime levels closer to the national midpoint. Relative to Los Angeles-Long Beach-Glendale peers (1,441 neighborhoods), the area is competitive, and year-over-year trends point to meaningful declines in both violent and property offenses. For underwriting, this suggests a setting that supports retention and leasing, while still warranting standard property-level security and lighting measures.
Proximity to major media and engineering employers underpins commuter demand and supports resident retention, notably Charter Communications, Radio Disney, Disney, Live Nation Entertainment, and AECOM.
- Charter Communications — telecommunications (3.8 miles)
- Radio Disney — media (4.1 miles)
- Disney — entertainment (4.8 miles) — HQ
- Live Nation Entertainment — entertainment (7.2 miles) — HQ
- AECOM — engineering & infrastructure (8.3 miles) — HQ
With 34 units built in 1984, the asset offers a balanced story: neighborhood occupancy is above the metro median, renter concentration is high, and ownership costs in this pocket of Los Angeles County are elevated—conditions that typically sustain multifamily demand and renewal capture. According to CRE market data from WDSuite, neighborhood-level NOI performance ranks strongly versus national peers, and local amenities skew toward daily needs (groceries, restaurants), supporting day-to-day livability.
Within a 3-mile radius, projections point to population growth and a sizable increase in households alongside smaller household sizes, which generally supports a larger renter pool and occupancy stability. The 1984 vintage positions the property competitively against older stock while still presenting value-add opportunity through targeted modernization to drive rentability and reduce ongoing maintenance exposure.
- Above-median neighborhood occupancy among 1,441 metro neighborhoods supports income stability
- High renter concentration and elevated ownership costs reinforce depth of tenant demand
- Daily-needs amenity strength (groceries, restaurants) enhances resident convenience and retention
- 1984 vintage offers value-add via selective upgrades while remaining competitive to older local stock
- Risks: thinner park/cafe access and recent population softness require prudent lease and marketing strategy