| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 82nd | Best |
| Demographics | 34th | Fair |
| Amenities | 71st | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 7057 Haskell Ave, Van Nuys, CA, 91406, US |
| Region / Metro | Van Nuys |
| Year of Construction | 1978 |
| Units | 34 |
| Transaction Date | 1997-09-18 |
| Transaction Price | $192,500 |
| Buyer | VALJEAN ENTERPRISES |
| Seller | 7057 HASKELL LLC |
7057 Haskell Ave Van Nuys Multifamily Investment
Neighborhood occupancy is strong and renter demand is deep for this Inner Suburb location, according to WDSuite’s CRE market data, supporting stable collections and lease retention potential.
Van Nuys’ Inner Suburb setting combines access to daily needs with solid renter fundamentals. Neighborhood occupancy is 96.7% (top quartile nationally), and renter-occupied housing units account for a high share of the stock, indicating a sizable tenant base and consistent leasing velocity.
Local amenities skew toward convenience: grocery, restaurant, and pharmacy density score in higher national percentiles, which supports livability for residents and reinforces retention. Park access is limited within the neighborhood, which investors should consider when positioning for lifestyle-oriented tenants.
Within a 3-mile radius, recent trends show a modest population dip alongside a rise in household counts and smaller average household sizes. This combination typically points to a larger pool of renting households and supports occupancy stability even as demographics evolve. Median home values in the neighborhood are elevated relative to incomes, a high-cost ownership context that tends to sustain reliance on multifamily housing and can support pricing power when paired with effective lease management.
School ratings within the neighborhood track below metro and national norms, which may matter for family-oriented renters. Still, overall housing and amenity metrics rank above the metro median among 1,441 Los Angeles neighborhoods, indicating competitive positioning for investors conducting commercial real estate analysis.
Safety indicators compare favorably: neighborhood crime levels are stronger than many areas nationally (top quartile), offering a relative advantage versus peer submarkets. Year over year, both violent and property offense rates show sharp declines, suggesting an improving trend line rather than a one-off result.
As with any infill Los Angeles location, conditions can vary block to block; investors should underwrite with on-the-ground diligence while recognizing the neighborhood’s improving trajectory and above-average standing compared with many U.S. neighborhoods.
Proximity to major employers supports workforce renter demand and commute convenience, led by Thermo Fisher Scientific, Farmers Insurance Exchange, Charter Communications, Radio Disney, and Disney. These nearby hubs help broaden the potential tenant base and aid retention for stabilized assets.
- Thermo Fisher Scientific — life sciences (6.96 miles)
- Farmers Insurance Exchange — insurance (7.34 miles) — HQ
- Charter Communications — telecommunications (7.48 miles)
- Radio Disney — media (8.28 miles)
- Disney — entertainment (9.08 miles) — HQ
This 34-unit asset sits in a renter-heavy neighborhood where occupancy is in the mid-to-high 90s and homeownership is comparatively expensive. That mix typically supports durable demand and steady collections. According to CRE market data from WDSuite, local housing and amenity measures rank above the metro median, with strong neighborhood-level NOI per unit performance relative to many Los Angeles peers.
Within a 3-mile radius, household counts have risen and are projected to keep expanding even as average household size moderates, pointing to renter pool expansion that can support lease-up and backfill outcomes. Balance this strength against affordability pressure (elevated rent-to-income ratios) and lower neighborhood school scores when targeting family renters, and plan for competitive positioning given limited park access.
- Renter-heavy neighborhood with occupancy around 96.7%, supporting income stability
- High-cost ownership market reinforces multifamily reliance and pricing power
- Strong amenity access and above-metro rankings aid retention and leasing
- 3-mile household growth and smaller household sizes expand the renter pool
- Risks: affordability pressure (rent-to-income) and below-average school ratings