| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 76th | Good |
| Demographics | 29th | Poor |
| Amenities | 81st | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 14317 Sylvan St, Van Nuys, CA, 91401, US |
| Region / Metro | Van Nuys |
| Year of Construction | 1987 |
| Units | 60 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
14317 Sylvan St Van Nuys Multifamily Investment
This 60-unit property leverages Van Nuys' strong rental fundamentals, with neighborhood-level occupancy at 94.1% and renter-occupied housing representing 80.9% of local units. The area's multifamily property research indicates sustained rental demand driven by elevated ownership costs and proximity to major Los Angeles employment centers.
Van Nuys presents compelling rental fundamentals for multifamily investors, with neighborhood-level occupancy at 94.1% and renter-occupied units comprising 80.9% of the housing stock—ranking in the top tier nationally. Within a 3-mile radius, the demographic profile shows 68.3% of housing units are renter-occupied, reinforcing sustained rental demand. Median contract rents of $1,651 reflect affordability relative to Los Angeles metro standards, while projected household growth of 31.1% through 2028 indicates expanding tenant demand.
The property's 1987 construction year aligns closely with the neighborhood average of 1968, positioning it within established building stock that may present value-add renovation opportunities. Median home values of $727,935 create elevated ownership barriers that sustain rental market participation, particularly given the value-to-income ratio ranking in the 99th percentile nationally. This dynamic supports tenant retention and lease renewal stability.
Van Nuys ranks competitively among Los Angeles metro neighborhoods for amenities, placing 167th of 1,441 neighborhoods with strong access to grocery stores, restaurants, and childcare facilities. The area maintains above-average net operating income per unit at $8,086, ranking in the 67th percentile nationally. However, investors should monitor the rent-to-income ratio of 0.31, which ranks in the 5th percentile nationally and may present affordability pressure for some tenant segments.
Safety metrics for Van Nuys show a mixed but improving profile that warrants careful evaluation by multifamily investors. The neighborhood ranks 444th of 1,441 Los Angeles metro neighborhoods for overall crime, placing it in the 73rd percentile nationally—indicating above-average safety compared to neighborhoods nationwide.
Recent crime trends show encouraging improvement, with property offense rates declining 78.8% year-over-year and violent offense rates dropping 92.2% annually. These substantial reductions suggest positive momentum in neighborhood security conditions. Current property offense rates of 233 per 100,000 residents rank in the 53rd percentile nationally, while violent offense rates rank in the 41st percentile. Investors should continue monitoring these trends as part of ongoing asset management and tenant retention strategies.
Van Nuys benefits from proximity to major Los Angeles employment centers, with several Fortune 500 companies and entertainment industry anchors within commuting distance that support workforce housing demand.
- Charter Communications — telecommunications (5.8 miles)
- Radio Disney — media & entertainment (6.3 miles)
- Disney — entertainment & media (7.1 miles) — HQ
- Live Nation Entertainment — entertainment & events (8.1 miles) — HQ
- Activision Blizzard Studios — gaming & technology (8.5 miles)
14317 Sylvan St presents a stable multifamily investment opportunity anchored by Van Nuys' strong rental fundamentals and proximity to major Los Angeles employment centers. The neighborhood maintains 94.1% occupancy with 80.9% renter-occupied housing, ranking in the top tier nationally for rental market depth. According to CRE market data from WDSuite, projected household growth of 31.1% through 2028 supports expanding tenant demand, while elevated home values create ownership barriers that reinforce rental market participation.
The property's 1987 construction vintage may present value-add renovation opportunities to capture rent premiums in a market where median contract rents remain affordable at $1,651. With net operating income per unit averaging $8,086 in the neighborhood—ranking in the 67th percentile nationally—the asset benefits from established cash flow fundamentals in a proven rental submarket.
- Strong occupancy fundamentals with 94.1% neighborhood-level occupancy and top-tier national ranking for renter-occupied housing
- Projected 31.1% household growth through 2028 indicating expanding tenant base within 3-mile radius
- Proximity to major employers including Disney, Charter Communications, and Live Nation Entertainment
- Value-add potential through 1987 vintage property in neighborhood with above-average NOI per unit
- Risk consideration: Rent-to-income ratio in 5th percentile nationally may limit pricing power for certain tenant segments