| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 80th | Good |
| Demographics | 87th | Best |
| Amenities | 98th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 920 N Kings Rd, West Hollywood, CA, 90069, US |
| Region / Metro | West Hollywood |
| Year of Construction | 1978 |
| Units | 90 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
920 N Kings Rd West Hollywood Multifamily Investment
Renter demand in the surrounding neighborhood remains durable, supported by dense amenities and a high share of renter-occupied housing, according to WDSuite’s CRE market data. The property’s West Hollywood location positions it for steady leasing interest relative to broader Los Angeles fundamentals.
Located in West Hollywood’s Urban Core, the neighborhood ranks 15th out of 1,441 Los Angeles-Long Beach-Glendale neighborhoods with an A+ rating, signaling top-tier local fundamentals. Amenity access is a standout (amenity rank 14 of 1,441; top percentiles nationally for restaurants, cafes, groceries, and pharmacies), which typically supports tenant retention and leasing velocity at nearby multifamily assets. These are neighborhood-level indicators, not property performance.
Neighborhood occupancy trends sit near the national midpoint, while renter concentration is high: 72.6% of housing units are renter-occupied (competitive among Los Angeles-Long Beach-Glendale neighborhoods and in the upper percentiles nationally). For investors, this indicates a deep tenant base and supports ongoing multifamily demand, even as lease-up and renewal strategies should remain data-driven.
Within a 3-mile radius, demographics show a small recent population dip but forecasts point to growth in both population and households, implying a larger tenant base ahead and potential support for occupancy stability. Median incomes are comparatively strong and rising, and the neighborhood’s high-cost ownership profile (home values and value-to-income ratio in elevated national percentiles) tends to reinforce reliance on rental housing, which can help sustain pricing power for well-located assets.
Built in 1978, the 90-unit property is newer than the neighborhood’s average vintage (1966). That relative age can aid competitiveness versus older stock, while investors should still plan for targeted capital projects as systems reach later-life cycles. Overall income performance at the neighborhood level is strong (NOI per unit average among the top ranks metro-wide), underscoring the area’s ability to support market-rate operations, based on CRE market data from WDSuite.
Safety indicators are mixed at the neighborhood level. Relative to neighborhoods nationwide, the area sits below the national midpoint for safety, but recent trends show improvement with year-over-year declines in both violent and property offense rates. Compared with the Los Angeles-Long Beach-Glendale metro, the neighborhood’s crime rank (measured against 1,441 neighborhoods) places it in a more challenged cohort, so prudent security, lighting, and access-control measures remain relevant for asset management. These are neighborhood statistics, not block-level or property-specific conditions.
Nearby corporate employers provide a strong white-collar employment base and support for renter demand, with commute-friendly access to Live Nation Entertainment, Activision Blizzard Studios, AECOM, Occidental Petroleum, and Disney.
- Live Nation Entertainment — corporate offices (1.8 miles) — HQ
- Activision Blizzard Studios — entertainment & gaming (2.2 miles)
- AECOM — engineering & infrastructure (3.3 miles) — HQ
- Occidental Petroleum — energy (4.6 miles) — HQ
- Disney — media & entertainment (5.5 miles) — HQ
920 N Kings Rd offers exposure to a top-tier West Hollywood neighborhood where renter-occupied housing is high and amenity density is exceptional. Within a 3-mile radius, forward-looking projections indicate growth in population and households, suggesting a larger tenant base and potential support for occupancy stability as leasing strategies prioritize renewals and quality-of-life amenities. The high-cost ownership landscape locally reinforces sustained reliance on multifamily rentals, which can aid pricing power for competitive assets.
Constructed in 1978, the 90-unit asset is newer than the area’s average vintage, supporting relative competitiveness versus older stock while still warranting selective capital planning for systems and common-area refreshes. According to commercial real estate analysis from WDSuite, neighborhood-level income performance and amenity access are consistent with durable market-rate operations, though investors should underwrite to measured absorption given metro variability and neighborhood safety differentials.
- Top-tier Urban Core location with exceptional amenity access supporting tenant retention
- High renter-occupied share in the neighborhood indicates deep demand for multifamily units
- 1978 vintage offers competitive positioning versus older stock with value-add via targeted upgrades
- High-cost ownership market supports sustained reliance on rentals and potential pricing power
- Risks: neighborhood safety is mixed and occupancy is near national midrange—plan for active management and prudent underwriting