| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 77th | Good |
| Demographics | 74th | Best |
| Amenities | 96th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 22301 Victory Blvd, Woodland Hills, CA, 91303, US |
| Region / Metro | Woodland Hills |
| Year of Construction | 1985 |
| Units | 45 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
22301 Victory Blvd Woodland Hills Multifamily Investment
Neighborhood data point to deep renter demand and strong amenity access, with a high renter-occupied share supporting leasing durability, according to WDSuite’s CRE market data. Metrics cited reflect neighborhood conditions rather than the property itself.
This Woodland Hills address sits in an Urban Core setting that scores well for investors: the neighborhood carries an A rating and ranks 68 of 1,441 Los Angeles–Long Beach–Glendale neighborhoods, placing it competitive among Los Angeles–Long Beach–Glendale neighborhoods and in the top quartile nationally. Amenity density is a standout, with cafes, restaurants, groceries, parks, and pharmacies all testing in high national percentiles, signaling daily-needs convenience that supports renter retention.
For multifamily demand, the neighborhood's renter-occupied share is elevated (96th percentile nationally), indicating a deep tenant base and broad appeal for apartments. Median contract rents in the neighborhood have risen over the last five years while remaining tethered to local incomes, which can help stabilize occupancy in well-managed assets. The home-ownership market skews high-cost (94th percentile nationally for home values), which tends to sustain reliance on rental housing and can support pricing power for competitive properties.
Demographic statistics are aggregated within a 3-mile radius: population and household counts have grown in recent years, with forecasts indicating further household expansion alongside a modest reduction in average household size. For investors, that points to a larger pool of renters and potential for steady leasing velocity, especially for well-located, professionally managed buildings near services and employment.
The average neighborhood building vintage trends older (1975 average), while this property’s 1985 construction is somewhat newer than the local stock. That positioning can be advantageous versus 1960s–1970s product, though investors should still plan for targeted system upgrades and common-area refreshes to remain competitive against recent deliveries and renovated peers.
Neighborhood safety compares favorably in a regional context: the area ranks 574 out of 1,441 Los Angeles–Long Beach–Glendale neighborhoods, making it competitive among Los Angeles neighborhoods and around the 65th percentile nationally. Investors should note the mix of trends: property offenses benchmark weaker nationally, but recent-year estimates indicate a sharp improvement, while violent offense rates sit near national midrange with notable year-over-year declines. As always, conditions can vary within small areas; underwriting should consider property-level security, lighting, and management practices alongside these broader indicators.
Proximity to diversified corporate employment underpins renter demand and commute convenience, led by insurance, life sciences, energy, and engineering offices in the near-to-mid radius.
- Farmers Insurance Exchange — insurance (0.6 miles) — HQ
- Thermo Fisher Scientific — life sciences (1.2 miles)
- Thermo Fisher Scientific — life sciences (2.5 miles)
- Occidental Petroleum — energy (13.1 miles) — HQ
- AECOM — engineering & infrastructure (14.3 miles) — HQ
22301 Victory Blvd combines Urban Core convenience with a renter-heavy neighborhood profile and strong amenity access. High ownership costs in the surrounding area reinforce sustained demand for rentals, while household and population growth within a 3-mile radius suggest a gradually expanding renter pool supportive of occupancy stability. Based on CRE market data from WDSuite, neighborhood rents have trended upward alongside solid income levels, and NOI per unit benchmarks test well versus national peers.
Built in 1985, the asset is newer than much of the area’s housing stock, offering a competitive baseline relative to older product and potential value-add through targeted renovations and efficiency upgrades. Underwriting should account for moderate regional safety dynamics and a neighborhood occupancy rate that implies the need for active leasing and asset management to maintain performance.
- Renter-occupied concentration supports a deep tenant base and stable leasing
- Amenity-rich Urban Core location aids retention and pricing power
- 1985 vintage offers value-add potential through selective modernization
- High-cost ownership market sustains multifamily demand versus for-sale alternatives
- Risks: softer neighborhood occupancy and property-crime exposure, mitigated by recent improvement trends and proactive management