| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 80th | Good |
| Demographics | 28th | Poor |
| Amenities | 63rd | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 14630 Wyandotte St, Van Nuys, CA, 91405, US |
| Region / Metro | Van Nuys |
| Year of Construction | 1996 |
| Units | 73 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
14630 Wyandotte St Van Nuys Multifamily Investment
Neighborhood fundamentals show resilient renter demand and mid-90s occupancy levels, according to WDSuite’s CRE market data. With a sizable renter-occupied share, the area supports steady leasing and retention potential for well-managed assets.
Situated in Los Angeles’ Van Nuys Urban Core, the neighborhood posts a B- rating with housing metrics in the top quintile nationally, pointing to durable rental performance relative to many U.S. submarkets. Renter-occupied housing is prevalent (above metro median by rank among 1,441 neighborhoods), translating to a deeper tenant base and consistent leasing velocity for multifamily operators.
Local livability skews practical for day-to-day needs: grocery and pharmacy density sits in the mid-to-upper 90th national percentiles, while restaurants are also plentiful. Park and cafe density are thinner, which may modestly reduce lifestyle appeal for some residents, but the overall convenience mix remains supportive of retention.
Neighborhood occupancy is around 95% and has been relatively steady over time, reinforcing income stability for comparable properties. Median contract rents have advanced meaningfully over the past five years, and home values remain elevated versus national norms—conditions that typically sustain renter reliance on multifamily housing and support pricing discipline.
Within a 3-mile radius, demographics show a slight population dip but a growing household count and smaller average household size. This combination suggests gradual renter pool expansion through more, smaller households—an important backdrop for demand management and lease-up execution, based on multifamily property research from WDSuite.
Safety indicators compare favorably at the national level, with the neighborhood landing in the upper quartile for lower violent offense rates and above-average standing for property offenses nationwide. Recent data also indicates notable year-over-year declines in both categories, signaling improving conditions. As always, investors should underwrite to submarket trends rather than block-level assumptions.
Proximity to major media, entertainment, and corporate employers supports a broad commuter tenant base and can aid lease retention for workforce and mid-market units. Notable nearby employers include Charter Communications, Radio Disney, Disney, Thermo Fisher Scientific, and Farmers Insurance.
- Charter Communications — telecommunications (6.2 miles)
- Radio Disney — media (7.2 miles)
- Disney — entertainment (7.9 miles) — HQ
- Thermo Fisher Scientific — life sciences (8.3 miles)
- Farmers Insurance Exchange — insurance (8.7 miles) — HQ
14630 Wyandotte St offers 73 units built in 1996, newer than the area’s older housing stock, which can provide a competitive edge versus 1970s-vintage assets while still warranting targeted system updates and common-area upgrades. Strong neighborhood occupancy, elevated home values, and a high renter concentration underpin a deep tenant base and support pricing power relative to comparable Los Angeles assets, according to commercial real estate analysis from WDSuite.
Within a 3-mile radius, households have increased even as population edged lower, pointing to smaller household sizes and a broader pool of renters entering the market. Coupled with dense everyday amenities and proximity to major employment nodes, the demand picture is constructive; investors should still manage to affordability pressure (rent-to-income near local highs) and modest amenity gaps like limited parks and cafes.
- 1996 vintage relative to older local stock supports competitive positioning with selective value-add potential
- High renter-occupied share and around mid-90s occupancy support income stability
- Household growth within 3 miles expands the renter pool and aids lease-up/retention
- Elevated ownership costs in the area reinforce multifamily demand and pricing discipline
- Risks: affordability pressure (higher rent-to-income), thinner park/cafe amenities, and soft population trend