| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 75th | Fair |
| Demographics | 33rd | Poor |
| Amenities | 60th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 7400 Sepulveda Blvd, Van Nuys, CA, 91405, US |
| Region / Metro | Van Nuys |
| Year of Construction | 1985 |
| Units | 88 |
| Transaction Date | 1997-10-22 |
| Transaction Price | $3,825,000 |
| Buyer | REGENCI LLC |
| Seller | M G ENTERPRISES LLC |
7400 Sepulveda Blvd Van Nuys Multifamily Investment
Neighborhood occupancy in Van Nuys is steady and supported by a high share of renter-occupied housing, according to WDSuite’s CRE market data, positioning this asset for durable tenant demand within the Los Angeles metro.
Located in Van Nuys within Los Angeles County an Urban Core setting the property benefits from a renter-oriented neighborhood profile. Renter-occupied units account for a sizable share of local housing, which deepens the tenant base and supports leasing continuity. Neighborhood occupancy trends are healthy for the metro, providing a backdrop for stabilized operations rather than outsized volatility.
Daily-needs access is a relative strength: restaurants, groceries, and pharmacies are prevalent by national comparison, while cafes are notably dense. Park space and formal childcare options are limited in the immediate neighborhood, which may modestly temper family-oriented appeal; average school ratings also trail national norms. For investors, these dynamics suggest positioning toward workforce and convenience-driven renters rather than school-selective households.
Home values in the neighborhood sit on the higher end nationally, reflecting a high-cost ownership market for Los Angeles. This context typically reinforces reliance on multifamily housing, aiding retention and pricing power for well-managed assets. At the same time, rent-to-income levels indicate some affordability pressure, so thoughtful lease management and value delivery remain important to sustain renewals.
The property s 1985 vintage is newer than the neighborhood s older housing stock. That relative youth can enhance competitive positioning versus 1970s-era supply, while still allowing room for targeted capital plans (systems, interiors, and common areas) to capture renovation upside. Within a 3-mile radius, households have increased even as population edged down and average household size shrank a pattern that expands the renter pool and supports occupancy stability over time, based on commercial real estate analysis from WDSuite.
Safety indicators show mixed but improving signals. Compared with neighborhoods nationwide, overall crime conditions are better than average, and recent year-over-year estimates indicate sharp declines in both property and violent offenses. Within the Los Angeles metro context, conditions are closer to the middle of the pack, so prudent on-site security, lighting, and access controls remain advisable from an asset management perspective.
The area draws from a diversified employment base across telecommunications, life sciences, insurance, and media/entertainment, supporting renter demand through commute convenience to nearby corporate offices.
- Charter Communications telecommunications (7.0 miles)
- Thermo Fisher Scientific life sciences (7.6 miles)
- Farmers Insurance Exchange insurance (7.9 miles) HQ
- Radio Disney media (8.0 miles)
- Disney entertainment (8.7 miles) HQ
This Van Nuys asset sits in a renter-heavy neighborhood with occupancy that has remained resilient versus national norms. Elevated ownership costs in the area bolster reliance on rental housing, while the 1985 construction provides a competitive edge over older stock and the opportunity for targeted value-add. Within a 3-mile radius, households are increasing even as population dips and household sizes shrink, a shift that typically expands the renter pool and supports steady lease-up and retention, according to CRE market data from WDSuite.
Amenities and daily services are strong locally, enhancing livability for convenience-driven renters. Affordability pressure is a consideration given rent-to-income dynamics, making disciplined revenue management and resident experience key to sustaining occupancy and reducing turnover.
- Renter concentration and solid neighborhood occupancy underpin demand stability.
- 1985 vintage offers competitive positioning vs. older supply with clear renovation upside.
- High-cost ownership market supports tenant retention and pricing power for well-managed units.
- Strong access to food, pharmacy, and service amenities aligns with workforce renter needs.
- Risk: rent-to-income pressure requires careful lease management to mitigate turnover.