| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 82nd | Best |
| Demographics | 58th | Good |
| Amenities | 54th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 17619 Lynne Ct, Canyon Country, CA, 91387, US |
| Region / Metro | Canyon Country |
| Year of Construction | 2001 |
| Units | 24 |
| Transaction Date | 2014-03-26 |
| Transaction Price | $408,500 |
| Buyer | CARRASCO RAMON |
| Seller | TNHC TCN SANTA CLARITA LP |
17619 Lynne Ct Canyon Country Multifamily Investment
Neighborhood occupancy trends are above national medians and the 2001 vintage offers competitive positioning versus older Los Angeles stock, according to WDSuite’s CRE market data.
The Canyon Country neighborhood rates B+ and sits above the metro median overall (ranked 489 of 1,441 Los Angeles–Long Beach–Glendale neighborhoods), signaling balanced fundamentals for stable multifamily operations. Occupancy in the neighborhood is above national medians and competitive among Los Angeles neighborhoods, supporting consistent leasing and retention. Income performance for comparable areas sits in the top decile nationally for NOI per unit, based on CRE market data from WDSuite, which underpins potential for durable cash flow when assets are well-managed.
Livability drivers are broadly supportive. Grocery, pharmacy, parks, and childcare access track around or above national medians, while cafes trend lighter than dense urban cores—appropriate for a suburban setting. Average school ratings in the area are above the national median, which can help attract and retain family renters. Median home values rank high nationally, indicating a high-cost ownership market that tends to reinforce reliance on rental housing and support pricing power for quality units.
Tenure patterns indicate a meaningful renter base: within a 3‑mile radius, roughly one‑third of housing units are renter‑occupied, suggesting a sizable and steady tenant pool for well-located communities. At the same time, relatively high household incomes locally and a rent‑to‑income profile that is favorable versus many U.S. submarkets point to manageable affordability pressure, which can aid lease retention and reduce turnover costs.
Demographics aggregated within 3 miles show population and household counts increased over the last five years and are projected to expand further through 2028. A growing and affluent resident base translates to a larger tenant pool and supports occupancy stability for family‑sized floor plans typical of suburban assets in northern Los Angeles County.
Safety metrics trend below the national median overall, with violent and property offense rates sitting in lower national percentiles. However, property incidents have been improving year over year, and recent momentum suggests gradual stabilization. Compared with the broader Los Angeles metro (1,441 neighborhoods), this area trails the metro median on safety but does not sit at the bottom of the distribution, indicating conditions that investors should underwrite thoughtfully rather than avoid categorically.
Proximity to regional employers provides commute convenience for a diverse workforce, supporting day‑to‑day leasing and retention. Notable nearby employers include AmerisourceBergen, Boston Scientific Neuromodulation, Charter Communications, Thermo Fisher Scientific, and Farmers Insurance Exchange.
- AmerisourceBergen — pharmaceuticals distribution (7.45 miles)
- Boston Scientific Neuromodulation — medical devices (8.55 miles)
- Charter Communications — telecommunications (15.68 miles)
- Thermo Fisher Scientific — life sciences (16.79 miles)
- Farmers Insurance Exchange — insurance (18.05 miles) — HQ
Built in 2001, this 24‑unit community offers newer construction relative to much of the Los Angeles metro’s 1980s‑era stock, enhancing competitive positioning while leaving room for targeted modernization as systems age. Large average unit sizes suggest family‑oriented layouts that align with local household profiles and can support occupancy stability.
Neighborhood fundamentals are constructive: occupancy runs above national medians, median home values are elevated in the area—reinforcing reliance on rentals—and 3‑mile demographics point to recent and projected growth in population and households, expanding the tenant base. According to commercial real estate analysis from WDSuite, income performance for comparable neighborhoods ranks near the top nationally, while rent‑to‑income dynamics indicate manageable affordability pressure that can aid renewal rates. Key underwriting considerations include safety metrics that lag national medians and a suburban amenity mix that is lighter on cafes, both of which warrant measured expectations on rent premiums.
- 2001 vintage with larger floor plans supports competitive positioning versus older area stock
- Occupancy above national medians and strong neighborhood income performance support cash flow durability
- Growing 3‑mile population and households expand the renter pool and support leasing
- Risks: safety metrics below national medians and lighter café density may limit premium pricing