| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 81st | Best |
| Demographics | 37th | Fair |
| Amenities | 78th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 20358 Saticoy St, Winnetka, CA, 91306, US |
| Region / Metro | Winnetka |
| Year of Construction | 1977 |
| Units | 44 |
| Transaction Date | 1995-06-05 |
| Transaction Price | $1,000,000 |
| Buyer | FBP ASSET SIX LTD PARTNERSHIP |
| Seller | JACOBS LAWRENCE F |
20358 Saticoy St, Winnetka CA Multifamily Investment
Neighborhood occupancy is resilient with a majority renter-occupied housing base, supporting stable tenant demand according to WDSuite’s CRE market data. Positioned in Los Angeles County, the asset benefits from strong local amenities and a high-cost ownership market that can sustain renter reliance.
Winnetka’s Urban Core location offers day-to-day convenience that supports leasing and retention. Amenity access ranks competitive among 1,441 Los Angeles metro neighborhoods (top quartile), with dense grocery, pharmacy, café, and restaurant options placing the area in high national percentiles. This concentration of services typically underpins renter demand and reduces friction in daily living for residents.
From an investment lens, the neighborhood’s housing fundamentals are strong. Occupancy performance sits competitive among Los Angeles neighborhoods and above national norms, and the renter-occupied share of housing units is the majority — signaling depth in the tenant base and durable multifamily demand. Median contract rents trend toward the upper end of national ranges, consistent with broader Los Angeles dynamics.
School ratings in the neighborhood average below the national median, which may modestly influence family renter preferences and unit mix strategy. Park access is limited, so on-site amenities and nearby private recreation options can be meaningful differentiators for resident retention.
Demographics aggregated within a 3-mile radius indicate modest recent population growth and a meaningful increase in households, with forecasts showing households continuing to rise even as overall population levels flatten. This pattern suggests smaller household sizes and a potential expansion of the renter pool, supporting occupancy stability and leasing velocity. Elevated home values relative to incomes reflect a high-cost ownership market, which tends to reinforce sustained demand for multifamily rentals and supports pricing power while requiring careful attention to affordability and retention.
Based on WDSuite’s CRE market data, neighborhood safety indicators benchmark above national averages, with property and violent offense rates comparing favorably to many U.S. neighborhoods. Recent year trends show notable declines in estimated offense rates, a positive signal for long-term livability and leasing stability. As always, conditions can vary by block and over time; investors should consider property-level measures and ongoing monitoring alongside these broader readings.
The area draws from a diversified employment base spanning insurance, life sciences, media, and energy, supporting workforce housing demand and commute convenience for renters. Nearby employers include Farmers Insurance Exchange, Thermo Fisher Scientific, Occidental Petroleum, Charter Communications, and Live Nation Entertainment.
- Farmers Insurance Exchange — insurance (2.1 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 — media & entertainment (13.8 miles) — HQ
This 44-unit asset is positioned in a Los Angeles County neighborhood with sustained renter demand, supported by above-average occupancy at the neighborhood level and an entrenched renter-occupied housing base. Elevated ownership costs in the area tend to reinforce reliance on multifamily housing, while strong amenity density supports retention and day-to-day livability. According to CRE market data from WDSuite, neighborhood operating metrics and amenity access sit in upper national percentiles, consistent with stable leasing fundamentals.
Within a 3-mile radius, households have grown and are projected to continue increasing even as population levels trend flat, indicating smaller household sizes and a potential expansion of the renter pool. Investors should balance these strengths against considerations such as below-median school ratings and the need to manage rent levels relative to incomes to support retention and steady absorption.
- Neighborhood occupancy is elevated versus national norms, supporting cash flow consistency.
- Majority renter-occupied housing base points to a deep tenant pool.
- High-cost ownership market reinforces sustained rental demand and pricing power.
- Amenity-rich location (grocers, pharmacies, cafés, restaurants) supports retention and leasing.
- Risks: below-median school ratings and affordability pressures require thoughtful lease and amenity strategy.