| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 81st | Best |
| Demographics | 48th | Fair |
| Amenities | 73rd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 7135 Wilbur Ave, Reseda, CA, 91335, US |
| Region / Metro | Reseda |
| Year of Construction | 2013 |
| Units | 73 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
7135 Wilbur Ave, Reseda CA Multifamily Investment
Stabilized renter demand and newer construction relative to local stock point to durable occupancy for a 73-unit asset, according to WDSuite’s CRE market data.
Reseda’s Urban Core setting offers daily-life convenience that supports leasing: grocery, parks, and pharmacy access all score in the upper national percentiles, while café density is thinner than central Los Angeles nodes. Average school ratings sit slightly above the national median, providing a balanced family appeal without relying on top-tier districts.
At the neighborhood level, occupancy is strong and competitive nationally, with performance in the top quintile of U.S. neighborhoods; this is a neighborhood metric and not specific to the property. Rent levels track in the upper decile nationally with solid five-year growth, reinforcing pricing power for well-positioned assets. Neighborhood-level NOI per unit also compares well versus national peers, signaling supportive fundamentals for income stability.
Relative to the Los Angeles-Long Beach-Glendale metro, this neighborhood is competitive among 1,441 metro neighborhoods (ranked 389th), indicating it performs above many local peers without being a top-quartile outlier. Home values rank high nationally, reflecting a high-cost ownership market that tends to sustain renter reliance on multifamily housing and supports lease retention for quality properties.
Within a 3-mile radius, recent data show modest population softness but a net increase in households and smaller average household sizes. Looking forward, projections indicate continued household growth alongside further downsizing in household size, which generally expands the renter pool and supports occupancy stability for well-maintained communities.
Safety indicators present a mixed picture. Nationally, the neighborhood rates well—positioned in the top decile for safety compared with neighborhoods nationwide—yet within the Los Angeles-Long Beach-Glendale metro it ranks 53rd out of 1,441 neighborhoods, indicating higher reported crime relative to many local peers. Recent trend measures point to notable year-over-year declines in both violent and property offenses, suggesting improving conditions, though investors should continue to monitor local patterns and property-level security measures.
Nearby corporate employers provide a diverse white-collar employment base that supports renter demand and retention, led by life sciences, insurance, energy, telecom/media, and entertainment firms listed below.
- Thermo Fisher Scientific — life sciences (3.2 miles)
- Farmers Insurance Exchange — insurance (3.4 miles) — HQ
- Occidental Petroleum — energy (11.3 miles) — HQ
- Charter Communications — telecom & media (11.5 miles)
- Live Nation Entertainment — entertainment (12.1 miles) — HQ
Built in 2013, the property is newer than the neighborhood’s average vintage, offering relative competitiveness versus older stock while leaving room for selective modernization as systems age. Neighborhood metrics signal durable renter demand: occupancy is strong by national standards, rents sit in the upper tier nationally, and high home values indicate a high-cost ownership market that tends to sustain reliance on multifamily rentals. Based on CRE market data from WDSuite, these dynamics point to steady leasing and pricing resilience for well-managed assets.
Demographic data aggregated within a 3-mile radius show flat-to-slightly lower population alongside growth in households and shrinking household sizes, which typically supports a larger tenant base. The tenure mix indicates a meaningful share of renter-occupied units at the neighborhood level, suggesting depth for leasing, while amenity access favors daily convenience even if café density is not a differentiator.
- 2013 vintage outcompetes older neighborhood stock, with potential for targeted updates to enhance positioning.
- Neighborhood occupancy and rent levels rank strong nationally, supporting income stability and pricing power.
- High-cost ownership market reinforces renter reliance, aiding lease retention for quality assets.
- 3-mile demographics show rising household counts and smaller household sizes, expanding the renter pool.
- Risks: crime ranks weaker within the metro despite national outperformance; café density is modest and population growth is soft—active management and amenity strategy are important.