| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 75th | Fair |
| Demographics | 33rd | Poor |
| Amenities | 60th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 14955 Saticoy St, Van Nuys, CA, 91405, US |
| Region / Metro | Van Nuys |
| Year of Construction | 1986 |
| Units | 106 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
14955 Saticoy St, Van Nuys Multifamily Investment
Renter demand is reinforced by a high neighborhood renter-occupied share and a high-cost ownership market, according to WDSuite’s CRE market data. Newer 1986 vintage relative to the area’s older stock supports competitive positioning with potential to modernize for leasing resilience.
Located in Van Nuys within the Los Angeles metro, the neighborhood carries a C+ rating and ranks 900 out of 1,441 metro neighborhoods, indicating performance around the metro median. Occupancy in the surrounding neighborhood is 94.6%, suggesting generally stable leasing conditions for multifamily assets.
The local housing stock skews renter-heavy: roughly 70% of housing units are renter-occupied (above metro median), which points to a deep tenant base for multifamily operators. Median home values are elevated compared with national norms, and the neighborhood’s value-to-income ratio sits in the top few percentiles nationally—conditions that tend to sustain reliance on rental housing and support pricing power for well-managed assets.
The property’s 1986 construction is newer than the neighborhood’s average vintage (1970s era). That positioning can help compete against older stock, while selective system upgrades or contemporary finishes may further improve rentability and retention.
Amenities are a relative strength: cafes, restaurants, groceries, and pharmacies per square mile all sit well above national averages, supporting daily convenience for residents. However, limited park and childcare presence in the immediate neighborhood may temper some family-oriented appeal. Average school ratings trend below national norms, which investors should weigh when targeting family households.
Within a 3-mile radius, demographics show a large population with mixed signals: recent population drift modestly negative while households increased and are projected to grow further as average household size declines. For multifamily, that often expands the renting cohort and can support occupancy stability even as the overall population levels off, based on commercial real estate analysis from WDSuite.
Neighborhood safety trends are competitive among Los Angeles neighborhoods: crime ranks 498 out of 1,441, which is above the metro median, and the area sits around the 70th percentile for safety nationally. Estimated violent and property offense rates have moved lower year over year, signaling improving conditions; nationally, current levels trend near the middle for violent offenses and better than average for property-related incidents.
Investors should interpret these as neighborhood-level indicators rather than property-specific guarantees, but the directional improvement supports leasing stability and resident retention considerations.
Proximity to major employers supports commute convenience and a diversified renter base, notably in media, insurance, and life sciences. The key nearby employers include Charter Communications, Radio Disney, Thermo Fisher Scientific, Farmers Insurance Exchange, and Disney.
- Charter Communications — telecommunications (6.6 miles)
- Radio Disney — media (7.7 miles)
- Thermo Fisher Scientific — life sciences (8.0 miles)
- Farmers Insurance Exchange — insurance (8.4 miles) — HQ
- Disney — media & entertainment (8.5 miles) — HQ
This 106-unit asset in Van Nuys benefits from a renter-centric neighborhood, elevated ownership costs, and above-median local safety positioning. The 1986 construction is newer than much of the surrounding 1970s-era stock, offering competitive curb appeal today with clear room for targeted modernization to enhance rentability and retention. According to CRE market data from WDSuite, neighborhood occupancy is solid and amenities are strong across daily-needs categories, supporting leasing fundamentals.
Near-term demand is underpinned by a large renter pool and household growth within a 3-mile radius as household sizes trend smaller, even amid modest population softness. Key risks include below-average school ratings and limited parks/childcare density, which may cap family appeal; disciplined asset management and value-add execution can mitigate these while leveraging proximity to diversified employment centers.
- Renter-oriented neighborhood and elevated ownership costs support sustained multifamily demand
- 1986 vintage offers competitive position versus older stock with clear modernization upside
- Strong daily-needs amenities and proximity to major employers aid leasing and retention
- Stable neighborhood occupancy levels, per WDSuite, support cash flow durability
- Risks: below-average school ratings and limited parks/childcare may constrain family demand