| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 78th | Good |
| Demographics | 87th | Best |
| Amenities | 77th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1021 W Angeleno Ave, Burbank, CA, 91506, US |
| Region / Metro | Burbank |
| Year of Construction | 1986 |
| Units | 25 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1021 W Angeleno Ave Burbank Multifamily Investment
Positioned in an inner-suburb submarket with resilient renter demand and high-cost ownership dynamics, this asset benefits from a deep professional tenant base, according to WDSuite s CRE market data. Neighborhood fundamentals point to steady occupancy and pricing power relative to older local stock.
The property sits in Burbank s inner-suburb fabric within the Los Angeles-Long Beach-Glendale metro, where the neighborhood ranks 93rd out of 1,441 metro neighborhoods (A rating) indicating performance that is well above the metro median and competitive for investors screening the area. Neighborhood occupancy is solid by metro standards and supports cash flow stability at the submarket level; note this is measured for the neighborhood, not the property itself.
Livability drivers are strong: restaurants and parks density score in the mid-90s nationally, and grocery access is also high, while pharmacy access is relatively limited nearby. Average school ratings trend above national norms (around 4.0/5), a feature that typically supports retention for family-forming renter cohorts. The asset s 1986 vintage is newer than the neighborhood s average construction year (1964), offering a competitive edge versus older comparables, though investors should still plan for system modernization typical of late-1980s buildings.
Ownership costs in this neighborhood are elevated (home values near the top of national distributions alongside a high value-to-income ratio), which generally sustains reliance on multifamily rentals and supports leasing velocity. At the same time, neighborhood rent-to-income ratios sit below national medians, suggesting some headroom for disciplined revenue management rather than immediate affordability pressure.
Tenure patterns point to a balanced renter base: at the neighborhood level, the share of housing units that are renter-occupied is meaningful, indicating depth for leasing and renewals. Within a 3-mile radius, demographics show households have increased in recent years and are projected to expand further over the next five years, implying a larger tenant base and support for occupancy. Income growth within this radius has been robust, which can reinforce rent collections and reduce turnover risk.
Safety indicators are mixed in a way typical of infill Los Angeles County locations. The neighborhood s overall crime rank sits in the middle tier among 1,441 metro neighborhoods, while national positioning is below the median for safety. This suggests conditions that warrant standard risk controls without implying block-level conclusions.
Detailed signals are nuanced: property offense measures are stronger than national averages, but recent year-over-year changes indicate some volatility. Violent offense metrics sit modestly better than mid-national levels yet have shown an uptick in recent change data. Investors should underwrite with appropriate security, lighting, and tenant-experience measures and monitor evolving trends rather than relying on static snapshots.
Proximity to major media and corporate employers underpins a deep white-collar renter pool and convenient commute patterns for residents. Nearby anchors include Disney, Radio Disney, Charter Communications, Avery Dennison, and Live Nation Entertainment.
- Disney media & entertainment (1.1 miles) HQ
- Radio Disney media (1.9 miles)
- Charter Communications telecommunications (2.5 miles)
- Avery Dennison packaging materials (3.6 miles) HQ
- Live Nation Entertainment entertainment (5.1 miles)
1021 W Angeleno Ave offers a differentiated position in Burbank: a 1986-vintage, small-scale community in a neighborhood that ranks well above the metro median for overall performance, with strong amenity access and high ownership costs that reinforce renter demand. The asset s vintage is newer than the local average stock, which can support competitiveness versus older comparables; investors should still anticipate targeted capital for systems and interiors typical of late-1980s construction. According to CRE market data from WDSuite, neighborhood occupancy is solid and renter concentration is meaningful, supporting day-one leasing stability.
Within a 3-mile radius, households have grown and are projected to expand further, incomes are rising, and the employment base is anchored by major media and corporate offices nearby all of which point to a durable tenant pipeline. Elevated home values and a high value-to-income context suggest that multifamily remains a practical housing option for local professionals, while neighborhood rent-to-income levels indicate manageable affordability pressure that can support disciplined rent strategies. Key underwriting watch items include standard urban safety diligence and the area s exposure to sectors sensitive to macro cycles.
- Newer-than-local-average 1986 vintage supports competitiveness versus older stock; plan for targeted modernization
- Strong neighborhood standing (93rd of 1,441 metro neighborhoods) and solid occupancy support income stability
- High home values and rising incomes sustain renter reliance on multifamily, aiding retention and pricing power
- Deep employer base (Disney, Charter, Avery Dennison, Live Nation) underpins a consistent professional renter pool
- Risks: urban safety trends warrant routine controls; sector cyclicality and limited nearby pharmacy access should be monitored