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AirDNA Data: US California Northridge

How is Northridge performing?

21

Bad
Market Score

24

Investability

64

Rental Demand

23

Revenue Growth

44

Seasonality

27

Regulation

Annual Revenue

$19.2K

+3%

past year

Occupancy Rate

54%

+4%

past year

Average Daily Rate

$267.1

+3%

past year

Revenue per Available Rental (RevPAR)

$123.6

+6%

past year

Northridge Performance Details

Total available listings

165

+3%

past year

Listings by rental channel

Channel

Airbnb (70%)

Vrbo (10%)

Both (20%)

Listings by rental size

Bedrooms

1 Bedroom (49%)

2 Bedroom (15%)

3 Bedroom (15%)

4 Bedroom (15%)

5+ Bedroom (5%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (60%)

91-180 nights (15%)

181-270 nights (12%)

271-365 nights (14%)

Listings by rental type

Type

Entire Home (79%)

Private Room (16%)

Shared Room (4%)

Listings by Cancellation Policy

Flexible (10.5%)

Moderate (72.2%)

Strict (16.7%)

Super Strict (0.6%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (13.9%)

3 Nights (8.5%)

4-6 Nights (4.2%)

7-29 Nights (2.4%)

30+ Nights (70.9%)

What amenities do listings have?

Internet

99%

Wireless Internet

99%

Aircon

98%

Heating

90%

Kitchen

89%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Rent My LA Pad
61.0%56
4.92

Occupancy

Occupancy Rate

54%

+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

$1,923,413

+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)

$54

+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

$54

-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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