| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 81st | Best |
| Demographics | 37th | Fair |
| Amenities | 78th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 20446 Saticoy St, Winnetka, CA, 91306, US |
| Region / Metro | Winnetka |
| Year of Construction | 1975 |
| Units | 90 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
20446 Saticoy Street Winnetka Multifamily Investment
This 90-unit property benefits from strong neighborhood-level occupancy at 96.8% and elevated rental demand, with 56.9% of local housing units renter-occupied according to CRE market data from WDSuite.
The Winnetka neighborhood ranks in the top quartile nationally for housing fundamentals and amenities, positioning among the stronger 452 of 1,441 Los Angeles metro neighborhoods. With 56.9% of housing units renter-occupied and neighborhood occupancy at 96.8%, the area demonstrates solid rental demand dynamics that support multifamily operations.
Built in 1975, this property aligns with the neighborhood's average construction year of 1974, suggesting potential value-add opportunities through targeted renovations and unit improvements. The area benefits from strong amenity density, including 5.18 grocery stores per square mile and robust restaurant access, supporting tenant retention through daily convenience.
Demographics within a 3-mile radius show a stable tenant base of over 218,000 residents, with median household income of $86,582 and 55.9% of households renting. The area maintains affordability relative to Los Angeles standards, though rent-to-income ratios suggest monitoring lease renewal strategies. Forward projections indicate continued household growth, with the renter pool expected to expand through 2028.
Median contract rents of $1,922 within the demographic radius provide competitive positioning, while home values averaging $626,783 in the immediate neighborhood reinforce rental demand by sustaining elevated ownership costs that keep households in the rental market.
The neighborhood demonstrates improving safety trends, ranking in the 81st percentile nationally for overall crime metrics. Property offense rates have declined significantly by 76.2% year-over-year, while violent crime rates dropped 96.2%, indicating strengthening security conditions that support tenant retention and leasing velocity.
These positive safety trends, combined with the neighborhood's urban core designation and strong amenity access, create a more attractive environment for prospective tenants compared to many Los Angeles metro areas.
The property benefits from proximity to major corporate employers, with Farmers Insurance Exchange headquarters and Thermo Fisher Scientific operations providing workforce housing demand within the immediate area.
- Farmers Insurance Exchange — insurance headquarters (2.1 miles) — HQ
- Thermo Fisher Scientific — life sciences (2.2 miles)
- Thermo Fisher Scientific — life sciences (2.8 miles)
- Occidental Petroleum — energy headquarters (12.9 miles) — HQ
- Charter Communications — telecommunications (13.4 miles)
This 90-unit property offers stable cash flow fundamentals supported by neighborhood occupancy of 96.8% and strong renter demand in a market where 56.9% of housing units are renter-occupied. The 1975 construction year presents value-add renovation opportunities to capture rent premiums while benefiting from the area's improving safety profile and proximity to major employers including Farmers Insurance headquarters.
Demographics within a 3-mile radius show household growth projections through 2028, expanding the renter pool and supporting long-term occupancy stability. Commercial real estate analysis from WDSuite indicates the neighborhood ranks in the top quartile nationally for housing fundamentals, providing competitive positioning within the Los Angeles metro area.
- High neighborhood occupancy at 96.8% supports stable rental income
- Value-add potential through property improvements given 1975 vintage
- Strong renter demand with 56.9% of local housing units renter-occupied
- Projected household growth through 2028 expands tenant base
- Risk consideration: Monitor rent-to-income ratios for lease renewal strategies