| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 82nd | Best |
| Demographics | 34th | Fair |
| Amenities | 71st | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 7025 Woodley Ave, Van Nuys, CA, 91406, US |
| Region / Metro | Van Nuys |
| Year of Construction | 1988 |
| Units | 82 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
7025 Woodley Ave Van Nuys Multifamily Investment
Neighborhood occupancy is steady with deep renter demand, based on CRE market data from WDSuite, supporting consistent leasing in an inner-suburban Los Angeles location.
This Inner Suburb setting in Van Nuys offers durable renter demand and everyday convenience. Neighborhood occupancy of 96.7% has trended modestly higher over five years, and the area performs above the metro median on housing fundamentals relative to 1,441 Los Angeles neighborhoods. A high renter-occupied share at the neighborhood level (76.8%) signals a broad tenant base and supports leasing stability, according to WDSuite.
Livability drivers skew toward daily needs: restaurants and groceries track in the top quartile nationally, while pharmacies and childcare availability also benchmark above national medians. Park access is limited locally, which may matter for family-oriented renters. School ratings average 1.0 (below national medians), an underwriting consideration for family demand segments.
The 1988 vintage is newer than the neighborhood’s average construction year of 1977, providing competitive positioning versus older stock. Investors should still plan for modernization of aging systems and selective common-area updates to sustain retention and rentability in a mature Los Angeles submarket.
Demographic statistics aggregated within a 3-mile radius show a slight population contraction but an increase in households, with projections indicating further household growth and smaller average household sizes. This pattern typically expands the renter pool and supports occupancy, even as operators may need to tailor unit mixes and amenities toward smaller households and working professionals.
Ownership costs are elevated nearby (home values trend high versus incomes and the metro), which tends to reinforce renter reliance on multifamily housing. At the same time, a rent-to-income ratio near 0.31 suggests some affordability pressure, implying careful lease management and renewal strategies are prudent for maintaining retention.
Safety indicators point to mixed but improving conditions. Violent-offense levels benchmark modestly better than the national middle, while property-offense levels sit closer to the national midpoint. According to WDSuite, estimated violent and property offense rates declined sharply over the past year, suggesting recent positive momentum. Conditions can vary by block and over time, so operators typically monitor trends and coordinate with residents on standard safety practices.
The area benefits from a diverse employment base within commuting distance, supporting multifamily renter demand and retention across life sciences, insurance, telecom, and media/entertainment.
- Thermo Fisher Scientific — life sciences tools (6.5 miles)
- Farmers Insurance Exchange — insurance (6.9 miles) — HQ
- Charter Communications — telecom (8.0 miles)
- Radio Disney — media (8.7 miles)
- Disney — entertainment (9.5 miles) — HQ
With 82 units and a 1988 vintage, the property competes favorably against older neighborhood stock while offering scope for targeted modernization to extend its leasing edge. Neighborhood occupancy of 96.7% and a high renter-occupied share support demand depth, while elevated ownership costs in Los Angeles underpin reliance on rental housing. According to CRE market data from WDSuite, local amenities are strong for daily needs, which helps retention even as park access and school ratings warrant attention in family-oriented marketing.
Within a 3-mile radius, households have risen despite a modest population dip, and projections indicate continued household growth alongside smaller average household sizes—an outlook that typically enlarges the renter base and supports occupancy stability. Operators should balance this opportunity against affordability pressure (rent-to-income around 0.31) with disciplined renewals, value-driven upgrades, and expense control.
- 1988 construction offers competitive positioning versus older stock, with selective modernization to sustain rentability
- High neighborhood renter concentration and steady occupancy support leasing stability
- Elevated ownership costs nearby reinforce renter demand and potential pricing power
- 3-mile household growth and smaller household sizes expand the tenant base and support occupancy
- Risks: affordability pressure, limited park access, and lower school ratings require careful positioning and renewal management