| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 82nd | Best |
| Demographics | 58th | Good |
| Amenities | 54th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 17621 Pauline Ct, Canyon Country, CA, 91387, US |
| Region / Metro | Canyon Country |
| Year of Construction | 2001 |
| Units | 24 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
17621 Pauline Ct Canyon Country Multifamily Investment
Stabilized renter demand with neighborhood occupancy near 97% and a high-cost ownership backdrop supports pricing power, according to WDSuite’s CRE market data. Newer 2001 vintage relative to local stock positions the asset competitively for retention and renewal strategies.
Canyon Country offers a suburban setting with steady renter demand and a B+ neighborhood rating within the Los Angeles-Long Beach-Glendale metro. Neighborhood occupancy is strong (top quintile nationally), and median asking rents sit in the upper end of national ranges, signaling durable revenue potential for well-managed assets, based on CRE market data from WDSuite.
Livability fundamentals are balanced rather than urban-intensive: grocery and pharmacy access track around the national middle-to-upper range, while cafes and restaurants are less dense. Average school ratings trend modestly above national midpoints, supporting family-oriented renter appeal. At the metro level (1,441 neighborhoods), amenity access is competitive among Los Angeles neighborhoods but not top quartile, suggesting a car-oriented lifestyle typical of suburban nodes.
Tenure patterns indicate a measured renter base. At the neighborhood level, the share of housing units that are renter-occupied is roughly one-quarter, implying demand centered on workforce and family renters rather than transient cycles. Within a 3-mile radius, the renter concentration is closer to one-third, broadening the pool of potential tenants and supporting occupancy stability for multifamily properties.
Within a 3-mile radius, population and households have expanded at double-digit rates over the past five years and are projected to grow further by 2028, pointing to a larger tenant base over time. Elevated home values relative to incomes in this part of Los Angeles County create a high-cost ownership market, which can sustain reliance on rentals and aid lease retention for competitive product.
The property’s 2001 construction stands newer than the neighborhood’s average vintage (late-1980s). This positioning can reduce near-term capital intensity versus older stock and supports competitive leasing, while investors should still plan for system updates and selective modernization to meet today’s renter expectations.
Safety indicators are mixed. Compared with neighborhoods nationwide, overall safety sits below the national median (crime national percentile around the 39th), which warrants prudent security and operations planning. At the same time, estimated property offenses have declined year over year, an improvement that outperformed many areas nationally, according to CRE market data from WDSuite.
Investors should focus on standard measures that support resident confidence—lighting, access controls, and partnerships with local community programs—while monitoring trends at the neighborhood and precinct levels rather than block-specific assumptions.
Nearby corporate nodes provide diversified employment that supports leasing stability and commute convenience for renters, including AmerisourceBergen, Boston Scientific Neuromodulation, Charter Communications, Thermo Fisher Scientific, and Farmers Insurance Exchange.
- AmerisourceBergen — pharmaceuticals distribution (7.4 miles)
- Boston Scientific Neuromodulation — medical devices (8.5 miles)
- Charter Communications — telecommunications (15.8 miles)
- Thermo Fisher Scientific — life sciences (16.9 miles)
- Farmers Insurance Exchange — insurance (18.2 miles) — HQ
This 24-unit asset, built in 2001 with larger average unit sizes, is positioned for durable performance in a suburban Los Angeles neighborhood where occupancy trends are strong and ownership costs are elevated. Newer vintage relative to local stock provides competitive leasing leverage and moderates near-term capital exposure, while selective upgrades can further strengthen renter appeal.
Demand fundamentals are reinforced by a growing 3-mile renter pool—population and households expanded meaningfully in recent years and are projected to rise further, supporting occupancy stability. According to CRE market data from WDSuite, neighborhood rents benchmark in the upper national range and occupancy trends sit above metro medians, suggesting room for disciplined rent management where affordability remains manageable.
- 2001 construction newer than area average supports competitive positioning with moderated near-term CapEx.
- Strong neighborhood occupancy and upper-range rents back revenue durability for well-operated assets.
- Expanding 3-mile population and household base points to a larger tenant pool and leasing depth.
- High-cost ownership market reinforces renter reliance, aiding retention and pricing power.
- Risks: safety sits below national median and amenity density is modest, requiring attentive operations and asset positioning.