| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 81st | Best |
| Demographics | 91st | Best |
| Amenities | 47th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 8811 Burton Way, West Hollywood, CA, 90048, US |
| Region / Metro | West Hollywood |
| Year of Construction | 1989 |
| Units | 78 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
8811 Burton Way West Hollywood Multifamily Positioning
Renter demand is reinforced by a high-cost ownership market and a deep, established tenant base in the surrounding neighborhood, according to CRE market data from WDSuite. Near-term leasing performance will hinge on execution given softer neighborhood occupancy, but location fundamentals remain durable.
Situated in West Hollywood an Urban Core pocket of the Los Angeles-Long Beach-Glendale metro 28811 Burton Way benefits from dense amenities and strong spending power at the neighborhood level. Neighborhood metrics (not the property) indicate abundant dining and caf e9 options, with restaurant and caf e9 density ranking competitive among 1,441 metro neighborhoods and in the top percentiles nationally, supporting lifestyle appeal and resident retention.
Neighborhood renter-occupied share is elevated (the area reports a high concentration of renter-occupied housing units), which broadens the tenant pool for multifamily assets and supports ongoing leasing velocity. By contrast, the neighborhood b9s occupancy level trends below national norms, suggesting that revenue management and targeted marketing are important to sustain lease-up and limit downtime. Even so, according to WDSuite b9s CRE market data, the neighborhood ranks in the top quartile nationally on income performance indicators, underscoring resilient earning potential for well-located properties.
Within a 3-mile radius, demographics show a high-income renter base with meaningful representation of 18 34 and 35 64 cohorts. While recent years saw modest population softness, projections through 2028 indicate population growth and a sizable increase in households, which typically supports renter pool expansion and occupancy stability for multifamily assets.
Ownership costs in the surrounding neighborhood are elevated relative to incomes, reinforcing reliance on multifamily housing and helping sustain pricing power for professionally managed properties. Rent-to-income dynamics point to some affordability pressure, so prudent lease management and renewal strategies remain important.
Safety conditions for the neighborhood (not the property) are mixed relative to the Los Angeles metro. Overall crime levels sit below the metro median, and national comparisons place the area around the middle of the pack. Encouragingly, violent-offense trends have improved over the last year, with reductions that are above the national average, which supports a more stable operating backdrop.
As with any Urban Core location, security best practices and visible property management can help support resident confidence and retention. Investors should calibrate assumptions to submarket benchmarks rather than block-level anecdotes.
The immediate area draws from a concentrated corporate base in entertainment, engineering, and energy, supporting white-collar renter demand and short commutes for residents. Notable nearby employers include Live Nation Entertainment, Activision Blizzard Studios, AECOM, and Occidental Petroleum.
- Live Nation Entertainment mdash; corporate offices (0.6 miles)
- Live Nation Entertainment mdash; corporate offices (0.8 miles) mdash; HQ
- Activision Blizzard Studios mdash; corporate offices (1.0 miles)
- AECOM mdash; corporate offices (2.1 miles) mdash; HQ
- Occidental Petroleum mdash; corporate offices (3.5 miles) mdash; HQ
8811 Burton Way is a 78-unit asset built in 1989, a slightly newer vintage than the neighborhood average. That positioning can be competitive against older local stock, while investors should plan for selective system upgrades and common-area refreshes to meet current renter expectations. The location b9s deep renter base and high-cost ownership landscape support demand durability and pricing power, even as neighborhood occupancy trends call for disciplined leasing and renewal management. According to CRE market data from WDSuite, the surrounding neighborhood performs strongly on income potential, which can reward well-operated assets.
Within a 3-mile radius, forecasts point to population growth and a significant increase in households by 2028, expanding the tenant base and supporting occupancy stability. Elevated home values bolster reliance on rentals, though rent-to-income ratios suggest careful attention to affordability and lease terms to preserve retention.
- Slightly newer 1989 vintage offers competitive positioning with value-add optionality
- Deep renter concentration and high ownership costs sustain multifamily demand
- Amenity-rich Urban Core location supports retention and leasing velocity
- Strong neighborhood income performance, per WDSuite b9s CRE market data
- Risk: Softer neighborhood occupancy and affordability pressure require disciplined revenue management