| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 82nd | Best |
| Demographics | 34th | Fair |
| Amenities | 71st | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 7540 Haskell Ave, Van Nuys, CA, 91406, US |
| Region / Metro | Van Nuys |
| Year of Construction | 1985 |
| Units | 42 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
7540 Haskell Ave Van Nuys 42-Unit Multifamily Investment
Neighborhood assets show strong occupancy and steady renter demand, according to WDSuite’s CRE market data, with high-cost ownership dynamics reinforcing reliance on apartments.
Located in Van Nuys (Los Angeles-Long Beach-Glendale metro), the neighborhood carries a B rating and exhibits investor-friendly stability. Occupancy is competitive among Los Angeles neighborhoods (ranked better than roughly two-fifths of 1,441 areas) and in the top quintile nationally, suggesting durable leasing conditions relative to broader U.S. trends, per WDSuite.
Local amenity access supports day-to-day livability: grocery, dining, and pharmacy densities benchmark well nationally, and the overall amenity profile is competitive among metro peers. School ratings trend below national averages, which can affect family-oriented renter segments, but access to daily needs can still aid retention for workforce and young professional households.
Renter concentration is high (share of housing units that are renter-occupied ranks near the top of metro and national distributions), indicating a deep tenant base for multifamily. Home values sit in a high-cost ownership market (around the 90th percentile nationally), which typically sustains apartment demand and supports pricing power when managed thoughtfully. At the same time, rent-to-income levels imply some affordability pressure, so operators should balance renewal strategies and amenity/value positioning.
Vintage context matters: the property’s 1985 construction is newer than the neighborhood’s average vintage (1977), providing relative competitive positioning versus older stock, though investors should still plan for targeted modernization of building systems and common areas over the hold. Within a 3-mile radius, households have increased even as population edged lower, and forward-looking data point to continued household growth alongside smaller household sizes — dynamics that expand the renter pool and can support occupancy stability. These trends align with broader commercial real estate analysis from WDSuite’s dataset without relying on speculative assumptions.
Safety indicators compare favorably versus many Los Angeles neighborhoods and sit above the national midpoint, according to WDSuite. Recent trends show meaningful improvement in both property and violent offense rates over the last year, placing the area in stronger national percentiles for year-over-year change. As always, investors should assess property-level security measures and monitor submarket trends as part of underwriting.
Proximity to major employers across healthcare, insurance, media, and entertainment supports a broad commuter renter base and can aid leasing stability for workforce housing. Nearby corporate offices include Thermo Fisher Scientific, Farmers Insurance Exchange, Charter Communications, Radio Disney, and Disney.
- Thermo Fisher Scientific — life sciences (7.1 miles)
- Farmers Insurance Exchange — insurance (7.5 miles) — HQ
- Charter Communications — telecommunications (7.5 miles)
- Radio Disney — media (8.5 miles)
- Disney — media & entertainment (9.3 miles) — HQ
7540 Haskell Ave offers a 42-unit footprint in an inner-suburban Los Angeles location where occupancy is competitive among metro peers and in the top quintile nationally, supporting cash flow stability. The surrounding area is renter-heavy, and elevated ownership costs reinforce reliance on multifamily housing, while amenity access (grocery, dining, pharmacy) underpins day-to-day livability and retention. According to CRE market data from WDSuite, neighborhood-level NOI per unit benchmarks in the top quartile locally, consistent with a submarket that rewards well-executed operations.
Built in 1985, the asset is newer than the neighborhood’s average vintage, which can offer a competitive edge versus older buildings, though investors should anticipate targeted system upgrades and common-area refreshes for positioning. Within a 3-mile radius, household growth alongside smaller household sizes points to a larger renter pool over time, supporting occupancy and lease-up prospects; balancing this, rent-to-income levels and below-average school ratings warrant attentive renewal and marketing strategies.
- Competitive neighborhood occupancy and renter depth support leasing stability.
- High-cost ownership market sustains multifamily demand and pricing power potential.
- 1985 vintage offers relative competitiveness versus older stock with clear value-add via targeted modernization.
- Amenity access (grocery, dining, pharmacy) supports retention among workforce and young professionals.
- Risks: affordability pressure (rent-to-income), below-average school ratings, and the need for ongoing capital planning.