| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 77th | Good |
| Demographics | 76th | Best |
| Amenities | 50th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 5245 Chesebro Rd, Agoura Hills, CA, 91301, US |
| Region / Metro | Agoura Hills |
| Year of Construction | 1978 |
| Units | 24 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
5245 Chesebro Rd Agoura Hills Multifamily Investment
Positioned in an affluent, owner‑leaning pocket of Agoura Hills, the asset benefits from elevated home values that help sustain renter demand and support retention, according to WDSuite’s CRE market data. Neighborhood occupancy trends and tenant incomes point to stable leasing with selective pricing power for well-maintained units.
Agoura Hills offers suburban fundamentals that appeal to renters seeking convenience and quality of life. Neighborhood ratings sit above the metro median among 1,441 Los Angeles-Long Beach-Glendale neighborhoods (B+), with strong park access (competitive within the metro) and solid grocery coverage. Cafes and pharmacies are less dense locally, so day-to-day amenities skew toward larger shopping nodes rather than corner retail.
Schools in the area average above national norms, which can support family-oriented renter retention. Parks rank competitively among 1,441 metro neighborhoods, and grocery availability is above the metro median; together these factors reinforce livability despite lower café density. Childcare access also compares favorably within the metro, a positive signal for dual‑income households.
From an investment lens, the neighborhood shows high household incomes and elevated home values (top quartile nationally), which tend to reinforce renter reliance on multifamily housing and support lease stability. Median asking rents in the neighborhood are also high by national standards, indicating capacity for quality product to compete effectively.
Tenure patterns point to a predominantly owner-occupied area, with renter-occupied share below half at both the neighborhood level and within a 3‑mile radius. For investors, this implies a more selective but higher‑income renter pool and lower direct competition from large-scale rental stock. Within a 3‑mile radius, households are projected to increase by 2028 while average household size edges down, expanding the potential tenant base and supporting occupancy stability.
Safety indicators are mixed. The neighborhood’s crime rank places it below the metro median among 1,441 Los Angeles-Long Beach-Glendale neighborhoods and below the national average for safety (national percentile in the 30s), suggesting investors should underwrite prudent security and insurance assumptions.
Recent trend data show property offenses decreasing year over year, an encouraging directional signal. Even so, violent and property offense levels remain weaker than national benchmarks, so operators often focus on lighting, access control, and community engagement to support resident comfort and retention.
The area draws from a diversified West Valley–Conejo employment base, providing commute convenience that supports workforce and professional renter demand. Key nearby employers include insurance, life sciences, and energy headquarters as well as major corporate offices.
- Farmers Insurance Exchange — insurance (8.3 miles) — HQ
- Thermo Fisher Scientific — life sciences offices (8.3 miles)
- Amgen — biotechnology (10.8 miles) — HQ
- Abbott Laboratories — medical devices & diagnostics (17.6 miles) — HQ
- Occidental Petroleum — energy (18.0 miles) — HQ
This 24‑unit property is positioned in an affluent, suburban pocket where elevated ownership costs and above‑average incomes underpin a stable, higher‑quality renter pool. Neighborhood rents sit near the top of national ranges, while the renter base remains selective—factors that favor well‑maintained, professionally managed assets with an emphasis on retention and service. According to CRE market data from WDSuite, local livability markers—parks, schools, and groceries—compare favorably, helping support demand durability even with lower café and pharmacy density.
The submarket’s owner‑tilted tenure and competitive livability profile suggest steady leasing from households that value convenience and schools, with pricing power tied to unit quality and management execution. While neighborhood occupancy and safety metrics are below national averages, recent property‑crime improvements and deep nearby employment nodes provide counterbalance, supporting a long‑term, income‑oriented thesis.
- Affluent, owner‑leaning area supports a stable, higher‑income renter pool and lease retention.
- Competitive livability: parks, schools, and groceries outperform many metro peers.
- Proximity to major employers (insurance, biotech, energy) underpins steady demand.
- Potential to capture pricing through quality operations and targeted upgrades.
- Risks: below‑average neighborhood occupancy and safety require conservative underwriting and active management.