| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 81st | Best |
| Demographics | 37th | Fair |
| Amenities | 78th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 20456 Saticoy St, Winnetka, CA, 91306, US |
| Region / Metro | Winnetka |
| Year of Construction | 1975 |
| Units | 42 |
| Transaction Date | 1997-08-15 |
| Transaction Price | $100,000 |
| Buyer | 20446-56 SATICOY STREET APARTMENTS |
| Seller | TRUST OBERMAN DENNIS AND EDITH TRS OBERM |
20456 Saticoy St, Winnetka CA Multifamily Investment
Neighborhood occupancy is elevated and renter concentration is strong for this Winnetka asset, supporting stable tenancy and pricing discipline according to WDSuite s CRE market data.
Location dynamics: The immediate neighborhood carries a B+ rating and is competitive among 1,441 Los Angeles-Long Beach-Glendale neighborhoods, with demand characteristics that favor multifamily. Occupancy in the surrounding neighborhood is in the upper range nationally, and the share of renter-occupied housing units is high, indicating a deep tenant base and support for leasing consistency.
Amenities and daily needs: Caf e9, grocery, restaurant, and pharmacy densities rank in the upper percentiles nationwide, translating into convenient access for residents. Park access is limited locally, which investors should weigh against the strong retail and service coverage.
Schools and renter appeal: Average school ratings sit below national norms, which may modestly narrow the family-demand segment; however, the area 19s urban core convenience and strong amenities help sustain broader renter interest.
Demographics (3-mile radius): Recent years show modest population growth with a larger increase in households and a gradual decline in average household size. Forward-looking estimates indicate continued household growth and smaller household sizes even with flatter population trends, which typically expands the renter pool and supports occupancy stability. In a high-cost ownership market (home values rank in the upper decile nationally), rental housing remains a practical option, reinforcing tenant retention and leasing velocity. Rent-to-income positioning is comparatively favorable, which can ease affordability pressure and support renewals, based on commercial real estate analysis from WDSuite.
Neighborhood safety indicators benchmark above national averages overall. Crime measures place the area around the 81st percentile for safety nationwide, with violent-offense metrics near the upper third. Among 1,441 Los Angeles metro neighborhoods, local conditions compare favorably.
Recent trends also point to notable year-over-year improvement in property and violent offense estimates, suggesting momentum in the right direction. As always, investors should evaluate submarket and asset-specific security measures and monitor trend stability over time.
Proximity to established employers supports a broad commuter tenant base and can aid retention through convenient access to jobs. Key nearby employers include Farmers Insurance, Thermo Fisher Scientific, Occidental Petroleum, Charter Communications, and Live Nation Entertainment.
- Farmers Insurance Exchange insurance (2.06 miles) HQ
- Thermo Fisher Scientific life sciences (2.22 miles)
- Occidental Petroleum energy (12.87 miles) HQ
- Charter Communications telecommunications (13.45 miles)
- Live Nation Entertainment entertainment (13.88 miles) HQ
The immediate neighborhood exhibits above-median occupancy and a high share of renter-occupied housing units, which together indicate durable leasing fundamentals for a 42-unit asset in Winnetka. Within a 3-mile radius, households are increasing and average household size is edging down, broadening the renter pool and supporting stable absorption even if population growth is modest. Elevated home values relative to incomes point to a high-cost ownership market, which can reinforce reliance on multifamily rentals and bolster renewal probability.
Amenity density is a notable strength, enhancing day-to-day livability and aiding demand resilience. According to CRE market data from WDSuite, neighborhood occupancy and rent levels benchmark well versus national norms, while rent-to-income positioning appears comparatively manageable a combination that can support pricing power without undue retention risk. Investors should balance these positives against locally limited park access and below-average school ratings when assessing target renter profiles and asset positioning.
- Above-median occupancy and strong renter concentration support stable tenancy
- High amenity density (caf e9s, groceries, services) enhances leasing appeal
- Household growth and smaller household sizes (3-mile radius) expand the renter pool
- High-cost ownership market sustains multifamily demand and renewal potential
- Risks: limited nearby park access and lower school ratings may narrow family demand