| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 81st | Best |
| Demographics | 91st | Best |
| Amenities | 47th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 100 N Clark Dr, West Hollywood, CA, 90048, US |
| Region / Metro | West Hollywood |
| Year of Construction | 1986 |
| Units | 32 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
100 N Clark Dr, West Hollywood Multifamily Positioning
Strong renter concentration and a high-cost ownership landscape in the surrounding neighborhood point to durable rental demand, according to WDSuite’s CRE market data. Neighborhood occupancy and tenure figures refer to the broader area, not the property, and signal a deep tenant base with room for asset-level execution.
Located in West Hollywood’s Urban Core, the neighborhood ranks 243 out of 1,441 Los Angeles metro neighborhoods (A- rating), placing it above the metro median for overall fundamentals. Dining and café density is a standout—restaurant and café counts sit in the upper national percentiles—supporting lifestyle appeal that helps with leasing and retention. Grocery access also compares favorably to national norms, while parks and pharmacies are less prevalent within the immediate neighborhood footprint.
For multifamily investors, the renter-occupied share is a key signal: the neighborhood’s housing stock is majority renter-occupied, indicating a broad tenant base and supporting leasing velocity. Neighborhood occupancy has trended higher over the past few years, though levels remain mixed versus national benchmarks; these are neighborhood-level metrics and can differ from property performance.
Within a 3-mile radius, incomes skew higher than national averages and the renter pool is substantial. While population declined in the prior period, forecasts call for growth in both households and incomes by 2028, implying a larger tenant base and support for rent levels. Elevated home values in the neighborhood compared with national figures suggest a high-cost ownership market, which typically sustains multifamily demand and can aid lease retention.
Rent trends show moderation at the neighborhood level in recent years, which can help reduce turnover and stabilize collections. At the same time, higher rent-to-income ratios in this part of Los Angeles indicate some affordability pressure, underscoring the importance of balanced pricing strategy and proactive lease management.
Safety indicators for the neighborhood are mixed when viewed against broader benchmarks. Relative to 1,441 Los Angeles metro neighborhoods, the area performs below the metro median on crime measures, placing it closer to the middle of national comparisons overall. Property-related offenses track higher than national norms, while recent trends show a meaningful year-over-year decline in violent offense rates, an encouraging directional signal. These references are neighborhood-level, not property-specific.
Nearby corporate offices provide a diversified employment base that supports renter demand and commute convenience, including Live Nation, Activision’s studio operations, AECOM, and Occidental Petroleum.
- Live Nation Entertainment — entertainment (0.56 miles)
- Live Nation Entertainment — entertainment (0.79 miles) — HQ
- Activision Blizzard Studios — media & gaming (1.03 miles)
- AECOM — engineering & infrastructure (2.17 miles) — HQ
- Occidental Petroleum — energy (3.56 miles) — HQ
This 32-unit asset benefits from a renter-heavy neighborhood and a high-cost ownership environment that tends to reinforce reliance on multifamily housing. Amenity-rich surroundings support leasing and retention, while neighborhood-level occupancy has improved over time, suggesting demand resilience even as rent growth has moderated. Based on commercial real estate analysis from WDSuite, the submarket’s income profile and projected household growth within a 3-mile radius point to a deeper tenant base by 2028.
Key considerations include calibrating rents to manage higher rent-to-income ratios in this part of Los Angeles and differentiating through operations and finishes to compete for quality tenants. With strong nearby employers and lifestyle fundamentals, the property is positioned to capture steady demand, provided asset-level execution aligns with neighborhood affordability and product expectations.
- Renter-heavy neighborhood and elevated ownership costs support depth of tenant demand.
- Amenity-rich Urban Core location aids leasing velocity and retention.
- Household and income growth within 3 miles expand the addressable renter pool.
- Operational focus needed to manage affordability pressure and compete on finishes.
- Neighborhood safety trends are mixed; sustained monitoring and property-level measures recommended.