| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 80th | Best |
| Demographics | 35th | Fair |
| Amenities | 62nd | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 7250 Hazeltine Ave, Van Nuys, CA, 91405, US |
| Region / Metro | Van Nuys |
| Year of Construction | 1996 |
| Units | 35 |
| Transaction Date | 2012-12-12 |
| Transaction Price | $3,420,000 |
| Buyer | HAZELTINE & WYANDOTTE LP |
| Seller | SG-HAZELTINE LP |
7250 Hazeltine Ave Van Nuys Multifamily Investment
Neighborhood occupancy is competitive within Los Angeles and renter concentration is deep, pointing to stable tenant demand, according to WDSuite s CRE market data. Elevated for-sale housing costs in Van Nuys further support sustained reliance on rental housing.
The property sits in an Urban Core pocket of Van Nuys rated B+ among 1,441 Los Angeles metro neighborhoods, where the local occupancy level is competitive among Los Angeles-Long Beach-Glendale neighborhoods and trends above national norms. Renter-occupied housing represents a majority of units in the neighborhood, which supports a deeper tenant base and can help stabilize leasing through cycles.
Everyday amenities are a local strength: grocery, pharmacy, cafes, childcare, and restaurants rank in upper national percentiles, offering convenience that can aid retention and limit turnover downtime. School quality trends below national averages, which may shift the renter mix more toward workforce and young-adult households rather than families seeking top-rated districts.
Within a 3-mile radius, households have increased modestly in recent years even as average household size edged lower, and forecasts call for further household growth with smaller household sizes by 2028. This pattern indicates a larger pool of households relative to population, which can expand the renter pool and support occupancy stability. Based on CRE market data from WDSuite, median contract rents in the area have advanced over the past five years while the rent-to-income ratio remains manageable by Los Angeles standards, suggesting affordability pressure to monitor but not an immediate constraint on leasing.
Home values in the neighborhood are elevated versus national benchmarks and high for the metro, which generally reinforces reliance on multifamily rentals and can support pricing power when operations are well-managed. The 1996 construction is newer than the neighborhood s average vintage (late 1970s), indicating relative competitive positioning versus older stock, though investors should still plan for targeted modernization and system updates typical for late-1990s assets.
Safety conditions compare favorably at the national level, with the neighborhood positioned in a higher safety percentile nationwide. Recent data also indicate notable year-over-year declines in both violent and property offense rates, a constructive trend that can support leasing confidence.
At the metro scale (1,441 neighborhoods in Los Angeles-Long Beach-Glendale), safety varies by corridor; investors should underwrite to submarket-level trends rather than block-level assumptions and remain attentive to property-level controls (lighting, access, management) that can sustain resident confidence and retention.
Nearby employers span telecom, media, entertainment, and life sciences a diverse employment base that supports renter demand through commute convenience and a broad set of professional job categories. The list below highlights notable names within roughly 5 10 miles that can underpin leasing and renewal velocity.
- Charter Communications telecom (5.5 miles)
- Radio Disney media (6.6 miles)
- Disney entertainment (7.3 miles) HQ
- Live Nation Entertainment entertainment (8.9 miles)
- Thermo Fisher Scientific life sciences (9.0 miles)
7250 Hazeltine Ave combines a renter-heavy neighborhood, competitive occupancy, and elevated ownership costs that reinforce sustained rental demand. The 1996 vintage is newer than much of the surrounding stock, offering relative competitiveness versus older buildings while leaving room for selective value-add through modernization and systems updates. According to CRE market data from WDSuite, neighborhood rents have trended upward alongside stable occupancy, suggesting durable cash flow potential with disciplined lease management.
Household growth and smaller average household sizes within a 3-mile radius point to a larger tenant base over time, and strong amenity access supports retention. Investors should balance these strengths against soft school ratings and the need to maintain safety-forward property operations, as well as typical Los Angeles regulatory and operating considerations.
- Renter concentration and competitive occupancy support leasing stability
- 1996 construction offers competitive positioning with value-add potential
- Elevated home values in Van Nuys reinforce reliance on rentals and pricing power
- Amenity-rich area aids retention; household growth expands the renter pool
- Risks: below-average school ratings, operating/regulatory considerations, and need for ongoing safety-focused management