Q3 2021 - Ventura Corridor


Ventura Corridor 9_21
.pdf
Download PDF • 5.76MB

The apartment market in the Ventura Corridor community is showing steady demand after the higher vacancies last year.

3.95% average vacancy, down from 5.68% last year.

Average sale price per unit is $327,169 per unit.

Apartment rents are forecast to grow steadily through 2025. The area’s median age of residents is near 40, about a third have college degrees and the average household income is $70,000. Nearly 92% of apartments are owned by private owners, 89% of which are local owners.


2 views0 comments

Recent Posts

See All

R3 lot in North Hollywood. Architect says OK to build 15 1+1 units. Buyer to verify. Existing house is vacant. Property sold "as is". No existing entitlements.

The apartment market in the Ventura Corridor community is showing steady demand. Occupancy levels have improved for last year with average vacancy 3.2%, down from 5.37% last year. Average sale price p