| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 82nd | Best |
| Demographics | 51st | Fair |
| Amenities | 64th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 13915 Oxnard St, Van Nuys, CA, 91401, US |
| Region / Metro | Van Nuys |
| Year of Construction | 2001 |
| Units | 49 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
13915 Oxnard Street Van Nuys Multifamily Investment
This 49-unit property built in 2001 sits in a neighborhood with 96.8% occupancy rates and strong rental demand fundamentals. The area ranks in the top quartile nationally for housing metrics, with commercial real estate analysis from WDSuite showing sustained tenant retention across the Van Nuys market.
The Van Nuys neighborhood demonstrates solid multifamily fundamentals with 96.8% occupancy rates ranking above the 82nd percentile nationally among comparable areas. At 75.8% renter-occupied units, this area maintains one of the highest rental concentrations in the Los Angeles metro, ranking in the top quartile among 1,441 metro neighborhoods. Median contract rents of $1,596 provide a competitive pricing position within the broader market context.
Demographics within a 3-mile radius show a stable tenant base with 262,009 residents and moderate household income growth of 31% over five years. The area's rental demand is reinforced by elevated home values at $860,298 median, which sustain renter reliance on multifamily housing rather than ownership transitions. Forecasted household growth of 32% through 2028 supports expansion of the renter pool.
The neighborhood offers solid tenant amenities with grocery stores ranking in the 99th percentile nationally for density and childcare facilities in the 98th percentile. Restaurant access ranks in the 95th percentile nationally, supporting resident retention. However, the area shows limited park and cafe amenities, which may affect some tenant segments. Average construction year of 1970 indicates potential value-add opportunities through strategic capital improvements across the neighborhood housing stock.
The neighborhood demonstrates improving safety trends with property crime rates declining 77.6% over the past year, ranking in the 97th percentile nationally for crime reduction. Violent crime also decreased 94.1% annually, placing the area in the 99th percentile for improvement among metro neighborhoods. Current property crime rates of 104 incidents per 100,000 residents rank in the 66th percentile nationally.
Overall crime metrics rank 191st among 1,441 Los Angeles metro neighborhoods, placing the area in the 82nd percentile nationally for safety performance. These trends suggest stabilizing conditions that support tenant retention and property management efficiency.
The Van Nuys area benefits from proximity to major corporate employers that support workforce housing demand, including entertainment and telecommunications companies within commuting distance.
- Charter Communications — telecommunications (5.4 miles)
- Radio Disney — media & entertainment (5.7 miles)
- Disney — entertainment & media (6.5 miles) — HQ
- Live Nation Entertainment — entertainment services (7.6 miles) — HQ
- Activision Blizzard Studios — gaming & technology (8.0 miles)
This 49-unit property built in 2001 offers investors exposure to Van Nuys' strong rental fundamentals, with neighborhood occupancy rates at 96.8% and rental tenure representing 75.8% of housing units. According to CRE market data from WDSuite, the area ranks in the top quartile nationally for housing metrics while maintaining competitive rent levels at $1,596 median. The 2001 construction year positions the asset for potential value-add improvements while avoiding the extensive capital requirements of older vintage properties.
Demographic projections within a 3-mile radius show household growth of 32% through 2028, expanding the potential tenant base while median household incomes have increased 31% over five years. Home values at $860,298 median reinforce rental demand by maintaining elevated ownership costs relative to rental options. The neighborhood's high concentration of renters and proximity to major employers including Disney and Charter Communications support long-term occupancy stability.
- Occupancy rates at 96.8% rank in 82nd percentile nationally
- 75.8% rental tenure concentration supports demand depth
- Projected 32% household growth through 2028 expands tenant pool
- 2001 construction provides value-add potential with manageable capital needs
- Monitor rent-to-income ratios at 28% which may limit pricing power in current market