| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 75th | Fair |
| Demographics | 33rd | Poor |
| Amenities | 60th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 14649 Saticoy St, Van Nuys, CA, 91405, US |
| Region / Metro | Van Nuys |
| Year of Construction | 2005 |
| Units | 30 |
| Transaction Date | 2001-03-22 |
| Transaction Price | $375,000 |
| Buyer | 14649 SATICOY PARTNERS LP |
| Seller | L A FAMILY HOUSING CORP |
14649 Saticoy St Van Nuys Multifamily Investment
This 30-unit property benefits from strong neighborhood-level renter concentration at 70.3%, ranking in the top quartile among Los Angeles metro neighborhoods. According to WDSuite's CRE market data, the area maintains stable occupancy fundamentals with 94.6% neighborhood-level occupancy rates.
The Van Nuys neighborhood demonstrates solid multifamily fundamentals with a renter-occupied housing concentration of 70.3%, ranking 177th among 1,441 Los Angeles metro neighborhoods and placing in the 97th percentile nationally. This high renter concentration supports consistent tenant demand and lease-up velocity. Neighborhood-level occupancy rates of 94.6% reflect market stability, though down slightly from five years prior.
Built in 2005, this property is notably newer than the neighborhood average construction year of 1972, positioning it competitively with reduced near-term capital expenditure needs. Demographic data aggregated within a 3-mile radius shows a population of approximately 296,000 with household growth of 2.8% over five years, expanding the potential tenant base. Projections indicate continued household formation through 2028, with renter pool expansion supporting multifamily demand.
Home values averaging $599,533 in the neighborhood create affordability barriers that sustain rental demand, with elevated ownership costs reinforcing renter reliance on multifamily housing. Median contract rents of $1,476 in the neighborhood rank in the 77th percentile nationally, though rent-to-income ratios suggest affordability pressure that requires careful lease management considerations. The area offers strong amenity access with high restaurant and grocery density, supporting tenant retention through lifestyle conveniences.
The neighborhood demonstrates competitive safety metrics relative to the broader Los Angeles metro area, ranking 498th out of 1,441 neighborhoods for overall crime and placing in the 70th percentile nationally. Property crime rates show significant improvement with a 77.2% decline over the past year, ranking in the 97th percentile nationally for crime reduction trends.
Violent crime rates remain moderate at approximately 34 incidents per 100,000 residents, ranking near the metro median. The area has experienced substantial violent crime reduction of 94.3% year-over-year, indicating positive safety trajectory that can support tenant retention and property values.
The property benefits from proximity to major corporate employers across entertainment, telecommunications, and life sciences sectors that support workforce housing demand in the San Fernando Valley.
- Charter Communications — telecommunications (6.2 miles)
- Radio Disney — entertainment media (7.4 miles)
- Disney — entertainment & media (8.1 miles) — HQ
- Thermo Fisher Scientific — life sciences & laboratory services (8.4 miles)
- Farmers Insurance Exchange — insurance services (8.7 miles) — HQ
This Van Nuys property offers compelling multifamily fundamentals anchored by exceptional renter concentration and proximity to major employment centers. The neighborhood's 97th percentile national ranking for renter-occupied units creates deep tenant demand, while the property's 2005 construction year provides competitive positioning with lower maintenance requirements than the area's older housing stock averaging 1972 vintage.
Elevated home values sustaining rental demand combine with projected household growth through 2028 to support occupancy stability. Based on multifamily property research from WDSuite, the area's improving safety metrics and strong employer base provide additional tenant retention advantages, though investors should monitor affordability pressures given current rent-to-income ratios.
- Top quartile renter concentration nationally supports consistent tenant demand
- 2005 construction provides competitive advantage over neighborhood average of 1972
- Proximity to major employers including Disney and Charter Communications
- Elevated ownership costs reinforce rental housing demand
- Risk: Rent-to-income ratios indicate affordability pressure requiring careful lease management