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AirDNA Data: US California Northridge

How is Northridge performing?

21

Bad
Market Score

24

Investability

64

Rental Demand

24

Revenue Growth

44

Seasonality

29

Regulation

Annual Revenue

$19K

+3%

past year

Occupancy Rate

55%

+4%

past year

Average Daily Rate

$261.1

+3%

past year

Revenue per Available Rental (RevPAR)

$122.2

+6%

past year

Northridge Performance Details

Total available listings

168

+3%

past year

Listings by rental channel

Channel

Airbnb (68%)

Vrbo (10%)

Both (21%)

Listings by rental size

Bedrooms

1 Bedroom (49%)

2 Bedroom (15%)

3 Bedroom (14%)

4 Bedroom (15%)

5+ Bedroom (6%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (62%)

91-180 nights (17%)

181-270 nights (8%)

271-365 nights (14%)

Listings by rental type

Type

Entire Home (80%)

Private Room (15%)

Shared Room (5%)

Listings by Cancellation Policy

Flexible (11.0%)

Moderate (70.7%)

Strict (17.7%)

Super Strict (0.6%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (13.1%)

3 Nights (10.7%)

4-6 Nights (3.0%)

7-29 Nights (1.8%)

30+ Nights (71.4%)

What amenities do listings have?

Internet

99%

Wireless Internet

99%

Aircon

98%

Heating

89%

Kitchen

88%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Rent My LA Pad
61.0%52
4.91

Occupancy

Occupancy Rate

55%

+5%

past year

Booking lead time
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Length of stay
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What percentage of the month was occupied?

Average monthly occupancy over the last 5 years

+3%

past year

2023
2022
2021
2020
2019
2018

Revenue

Average revenue

$1,896,860

+5%

past year

How much revenue did listings earn per month?

Average revenue over the last 5 years

+3%

past year

2023
2022
2021
2020
2019
2018

Rates

Revenue per available rental (RevPAR)

$55

+5%

past year

Revenue per available rental
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Revenue per available rental (RevPAR) over the last 5 years
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What was the average daily rate?

Average daily rate over the last 5 years

-3%

past year

2023
2022
2021
2020
2019
2018

Revenue per available rental (RevPAR)

Revenue per available rental

$55

-7%

past year

Weekend revenue per available rental (RevPAR)
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What percentage of the month was occupied?

Average monthly occupancy over the last 5 years

+3%

past year

2023
2022
2021
2020
2019
2018
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