Q1 2021 Multifamily Market Report | San Fernando Valley, CA

 

Southern California’s San Fernando Valley is an urbanized valley in Los Angeles County. It encompasses about 80 percent of the City of Los Angeles and includes other independent cities, including Burbank, Calabasas, Glendale, Hidden Hills, and San Fernando. Comprised of nearly 350 square miles of prime real estate, the San Fernando Valley is home to more than 1.8 million residents. This not only makes the Valley a great place to live but is also an attractive location for business. In addition to the many famous movie studios, historical sites, theaters, and museums, the San Fernando Valley offers an incredible array of fine dining, shopping, lodging, and recreational activities.

In this issue of our report, we touch on the following topics:

• San Fernando Valley overview, population trends, and economic demographics
• Overall pricing metrics for each product type
• New multifamily developments
• Detailed breakdown segmenting each area within the San Fernando Valley and the key indicators within that pocket