Some would automatically dismiss this film as "just another found footage movie". I would beg to differ, I think that found footage gets a really bad rap because the medium is so constricting and people are quick to judge the film as a re-iteration of Paranormal Activity or The Blair Witch Project. This is a fair argument, as horror genre producers have favoured this way of making a film in recent years as it is a very cheap and therefore very profitable and low risk way to produce their creations. I would argue though, that the very nature of a restrictive medium forces the film makers to be more creative and resourceful when making found footage and actually use the medium to enhance the film viewing experience.
388 Arletta Avenue is an extremely voyeuristic film and because of this the found footage medium really enhances it. We experience the whole film through surveillance cameras put in place by an obsessive stalker, and when I say obsessive I really do mean obsessive! Though there is nothing sexual about the voyeurism you really do get the feeling that the stalker is getting very turned on by spying on the couple who live at 388 Arletta Ave. this really adds to the creepiness of the stalker character.
Nick Stahl of Terminator 3 fame, pretty much carries the whole film by himself and for that, he should be commended. He portrays his decent into paranoia and eventual madness in a completely believable way and doesn't over dramatise the performance as so many actors probably would in low budget productions like this.
Praises aside though, this film never becomes more than it actually is, and what it is, is a cheap found footage paranoid thriller. It won't rock your world like Cloverfield or Chronicle does but with a run time of less than 90 minutes you will be hard pressed to find time to get bored with the film and even if you do hate it, you have only wasted a little over an hour of your life.