| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 78th | Good |
| Demographics | 41st | Fair |
| Amenities | 42nd | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 20317 Saticoy St, Winnetka, CA, 91306, US |
| Region / Metro | Winnetka |
| Year of Construction | 1973 |
| Units | 42 |
| Transaction Date | 2002-05-20 |
| Transaction Price | $2,250,000 |
| Buyer | LEEDS BENJAMIN A |
| Seller | DAYAN KEYLON LISA S |
20317 Saticoy St Winnetka Multifamily Investment
Situated in a high-cost ownership pocket of Los Angeles County, this 42-unit asset benefits from steady neighborhood occupancy and a broad renter base, according to WDSuite s CRE market data. Mid-market rents and elevated home values support leasing durability, with room for value-add upside.
Winnetka offers practical renter fundamentals for the Los Angeles-Long Beach-Glendale metro. Neighborhood occupancy is solid and tracks above the national mid-point (69th percentile), indicating stable leasing conditions relative to many U.S. locations, based on CRE market data from WDSuite. The property s 1973 vintage predates the neighborhood s average construction year (1982 across 1,441 metro neighborhoods), pointing to potential renovation and systems upgrades that can position the asset more competitively against newer stock.
Daily needs are serviceable: grocery density is strong (around the 90th percentile nationally), while parks, pharmacies, and caf e9s are less prevalent within the immediate neighborhood. Childcare access is a relative strength (near the top of U.S. neighborhoods), and restaurant options are competitive versus national norms. School ratings trend below national averages, a consideration for family-oriented leasing but not necessarily a determinant for workforce renters.
Tenure patterns suggest durable multifamily demand. Roughly two-fifths of neighborhood housing units are renter-occupied, while the broader 3-mile radius skews more renter-heavy, supporting a deeper tenant pool and consistent leasing velocity. Combined with an above-midpoint neighborhood housing score and NOI per unit that sits above national mid-range, the submarket profile favors steady operations over flashy growth.
Within a 3-mile radius, recent population growth has been modest, and households have increased with smaller average household sizes rends that typically expand the renter pool and support occupancy stability. Looking forward, forecasts show a potential population dip but further household growth and higher median incomes, which can sustain demand for rental units even as household composition shifts. Elevated home values in the neighborhood (around the 93rd percentile nationally) indicate a high-cost ownership market, reinforcing reliance on multifamily housing and supporting pricing power when managed thoughtfully.
Safety indicators compare favorably at the national level. The neighborhood scores in the upper tier nationally for overall safety (around the 81st percentile) and sits near the upper third for violent and property offenses (mid 60s percentiles), suggesting comparatively safer conditions versus many U.S. neighborhoods, according to WDSuite s CRE market data.
Short-term trends point to improvement: estimated year-over-year declines in both violent and property offenses rank among the strongest reductions nationally (upper 90s percentiles). While safety can vary within urban cores of Los Angeles, these directional trends provide a constructive backdrop for resident retention and leasing stability.
Proximity to diverse employers anchors renter demand, balancing office, energy, media, and life sciences. Nearby employment centers include Farmers Insurance, Thermo Fisher Scientific, Occidental Petroleum, Charter Communications, and Live Nation all within commutable distance that supports workforce housing.
- Farmers Insurance Exchange insurance (2.2 miles) HQ
- Thermo Fisher Scientific life sciences (2.3 miles)
- Occidental Petroleum energy (12.8 miles) HQ
- Charter Communications telecommunications (13.3 miles)
- Live Nation Entertainment entertainment (13.8 miles) HQ
20317 Saticoy St aligns with steady, needs-based renter demand in a high-cost ownership corridor of Los Angeles County. Neighborhood occupancy trends above the national mid-point, rent levels are competitive, and the local renter pool is supported by household growth within a 3-mile radius even as average household size declines a pattern that typically supports lease-up and renewal stability. According to CRE market data from WDSuite, elevated home values and a relatively manageable rent-to-income profile reinforce demand depth with prudent lease management.
Built in 1973, the asset is older than the neighborhood average, creating clear value-add potential through unit and system upgrades. Amenity coverage favors daily needs (notably groceries) over lifestyle offerings (parks/caf e9s), suggesting targeted property-level improvements can differentiate the asset and support rent positioning without relying on broader neighborhood amenity growth.
- Stable neighborhood occupancy and broad renter base support consistent leasing
- High ownership costs in the area bolster multifamily demand and pricing power
- 1973 vintage offers renovation and systems-upgrade upside versus newer competition
- Proximity to diversified employment nodes underpins workforce renter demand
- Risks: lighter nearby parks/caf e9 amenities and lower school ratings may affect family-focused appeal; capital planning needed for an older asset