| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 82nd | Best |
| Demographics | 34th | Fair |
| Amenities | 71st | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 15825 Saticoy St, Van Nuys, CA, 91406, US |
| Region / Metro | Van Nuys |
| Year of Construction | 1974 |
| Units | 27 |
| Transaction Date | 1999-04-27 |
| Transaction Price | $995,000 |
| Buyer | ABECASSIS ARON |
| Seller | WEST COAST INVESTMENTS INC |
15825 Saticoy St Van Nuys Multifamily Investment
Neighborhood occupancy remains in the top quartile nationally with a deep renter base, supporting stable leasing, according to WDSuite’s CRE market data. This positioning in Van Nuys suggests durable renter demand even as households and incomes evolve across the Los Angeles metro.
Located in Van Nuys (Los Angeles County), the property benefits from an Inner Suburb setting with a neighborhood rating of B. Neighborhood occupancy is above the metro median and in the top quartile nationally, indicating resilient leasing conditions relative to many U.S. submarkets, per WDSuite’s commercial real estate analysis. Note: occupancy and related metrics reflect the neighborhood, not the property.
Renter-occupied share in the neighborhood is high (ranked near the top of 1,441 Los Angeles metro neighborhoods), signaling depth in the tenant base for multifamily. For investors, a higher renter concentration often supports demand stability and steadier renewal pipelines.
Amenity access is a relative strength: grocery, restaurant, and childcare density all sit in the top quartile nationally, supporting daily-life convenience that can aid retention. Average school ratings for the neighborhood are weaker (around the lower national quintiles), which can temper family-oriented demand but often aligns with workforce-renter profiles.
Within a 3-mile radius, demographics show modest population contraction over the last five years alongside growth in household counts. This points to smaller household sizes and a broadening pool of households entering the rental market, which can support occupancy stability and leasing velocity. Median household income has risen, and forecasts indicate further income gains, which may help rent levels keep pace with operating costs.
Home values in the neighborhood trend high versus national norms (top decile nationally), and value-to-income ratios are elevated (also top percentile bands). In practice, a high-cost ownership market tends to reinforce reliance on multifamily housing, supporting tenant retention and pricing power when managed carefully.
Vintage: the asset’s 1974 construction is slightly older than the neighborhood’s average vintage (1977). Investors should underwrite ongoing capital needs and potential value-add opportunities (interiors, building systems, curb appeal) to enhance competitiveness against both renovated 1970s stock and newer deliveries.
Neighborhood safety indicators are comparatively favorable: overall crime ranks 388 out of 1,441 Los Angeles metro neighborhoods, which is competitive among Los Angeles-Long Beach-Glendale submarkets and aligns with a roughly top-quartile-to-top-third profile. Nationally, crime levels track in the better half of neighborhoods, and recent year-over-year trends indicate notable declines in both violent and property incidents. These are neighborhood-level indicators and can vary block to block; investors should pair them with on-the-ground diligence and operator controls.
Proximity to diversified employers supports a broad renter base and commute convenience for workforce and office professionals. Nearby anchors include life sciences, insurance, media, and entertainment firms that can help sustain leasing and renewals.
- Thermo Fisher Scientific — life sciences (6.98 miles)
- Farmers Insurance Exchange — insurance (7.31 miles) — HQ
- Charter Communications — telecommunications (7.66 miles)
- Radio Disney — media (8.70 miles)
- Disney — entertainment (9.45 miles) — HQ
This 27-unit property at 15825 Saticoy St sits in a neighborhood with strong renter dynamics and above-median occupancy, supporting durable cash flow potential. According to CRE market data from WDSuite, the area’s renter concentration is among the highest within the Los Angeles metro, while amenity access (grocers, restaurants, childcare) trends in the top quartile nationally—factors that contribute to retention and leasing stability.
Built in 1974, the asset may benefit from targeted value-add—modernizing interiors and addressing building systems—to remain competitive versus renovated 1970s peers and newer stock. High ownership costs in the neighborhood historically reinforce reliance on multifamily housing, which can underpin pricing power; balancing this with rent-to-income management and awareness of weaker school ratings will be important for long-term performance.
- Neighborhood occupancy in the top quartile nationally supports leasing stability (neighborhood-level)
- High renter concentration indicates depth of tenant demand across cycles
- Strong amenity access (grocers, restaurants, childcare) aids retention and rent growth execution
- 1974 vintage presents value-add and capital planning opportunities to enhance competitiveness
- Risks: affordability pressure and lower school ratings require proactive leasing and renewal strategies