| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 80th | Best |
| Demographics | 35th | Fair |
| Amenities | 62nd | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 14400 Vose St, Van Nuys, CA, 91405, US |
| Region / Metro | Van Nuys |
| Year of Construction | 1979 |
| Units | 38 |
| Transaction Date | 2012-06-14 |
| Transaction Price | $3,740,000 |
| Buyer | Vose Street Investors LLC |
| Seller | Valley Associates LLC |
14400 Vose St Van Nuys Multifamily Investment
Neighborhood occupancy in the high-90s and a deep renter base suggest stable leasing fundamentals, according to WDSuite’s CRE market data, positioning this Van Nuys asset for durable cash flow under typical operating conditions.
Situated in Van Nuys within the Los Angeles-Long Beach-Glendale metro, the neighborhood rates B+ and is competitive among 1,441 metro neighborhoods, offering investors a balanced mix of demand drivers and operational stability. Neighborhood occupancy trends are strong and above national norms, supporting steady tenancy and reducing downtime risk.
Amenity access is a relative strength: grocery and pharmacy density track in the upper percentiles nationally, and cafes and restaurants are likewise well represented. This convenience profile supports day-to-day livability and helps with leasing velocity. School ratings trend below national midpoints, which can modestly soften family-driven demand, but the overall housing score remains above many peer areas in the region.
Renter concentration is high at the neighborhood level (mid-60s share of renter-occupied housing units), indicating a sizable tenant base for multifamily product. Within a 3-mile radius, households have grown even as average household size has edged lower, and projections call for a meaningful increase in households alongside smaller household sizes over the next five years. For investors, that trajectory points to a larger renter pool and supports occupancy stability.
Ownership costs in the area are elevated relative to incomes (upper-percentile value-to-income metrics), which tends to reinforce reliance on rental housing and can aid lease retention. At the same time, neighborhood rent-to-income sits near regional norms, so asset management should monitor affordability pressure and align renewal strategies accordingly. These dynamics, based on commercial real estate analysis from WDSuite, translate into resilient demand with measured pricing power rather than outsized growth expectations.
Safety indicators compare favorably: the neighborhood ranks 295 out of 1,441 within the Los Angeles-Long Beach-Glendale metro, and overall crime patterns sit in the upper national percentiles, suggesting a comparatively safer environment than many urban peers. Recent data also points to notable year-over-year declines in both property and violent offense rates, according to WDSuite.
As always, investors should assess block-level conditions and property-specific security features during diligence, but current trends indicate a constructive backdrop relative to the broader region and national benchmarks.
Proximity to major employers across media, entertainment, and life sciences underpins local renter demand and commute convenience for workforce tenants. The list below highlights nearby anchors that can support leasing stability for multifamily assets in this area.
- Charter Communications — cable & broadband (5.8 miles)
- Radio Disney — media (6.8 miles)
- Disney — entertainment studios (7.5 miles) — HQ
- Thermo Fisher Scientific — life sciences (8.6 miles)
- Farmers Insurance Exchange — insurance (9.0 miles) — HQ
This 38-unit Van Nuys property benefits from a neighborhood with high occupancy, strong amenity access, and a deep renter pool supported by elevated ownership costs. Based on CRE market data from WDSuite, the area’s rent-to-income positioning and stable leasing backdrop point to consistent absorption and renewal potential rather than volatile swings. Household growth within a 3-mile radius and projected increases in household counts, even as average household size trends lower, suggest continued renter pool expansion and support for long-term demand.
Key considerations include below-median school ratings and the need to manage affordability pressure as rents move with the market. Limited park access locally may also influence resident preferences at the margin, reinforcing the importance of on-site amenities and operational execution.
- High neighborhood occupancy and renter concentration support stable leasing and cash flow.
- Strong amenity access (grocery, pharmacies, dining) aids leasing velocity and retention.
- Household growth and smaller household sizes within 3 miles expand the tenant base over time.
- Elevated ownership costs reinforce multifamily demand and reduce move-out to ownership.
- Risks: lower school ratings, limited park access, and potential affordability pressure requiring careful lease management.