| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 73rd | Fair |
| Demographics | 37th | Fair |
| Amenities | 62nd | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 17706 Scherzinger Ln, Canyon Country, CA, 91387, US |
| Region / Metro | Canyon Country |
| Year of Construction | 1986 |
| Units | 33 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
17706 Scherzinger Ln Canyon Country Multifamily Investment
This 33-unit property benefits from neighborhood-level occupancy of 97.4%, ranking in the 86th percentile nationally, according to CRE market data from WDSuite.
The Canyon Country neighborhood demonstrates strong fundamentals for multifamily investors, with occupancy rates of 97.4% ranking in the 86th percentile nationally among 1,441 metro neighborhoods. Contract rents of $1,854 place the area in the 89th percentile nationwide, while the rent-to-income ratio of 0.27 suggests manageable affordability pressure for tenant retention.
Demographic data aggregated within a 3-mile radius shows a population of 74,448 with household income growth of 32.9% over five years, reaching a median of $111,054. The area maintains 31.9% renter-occupied housing units, providing a stable tenant base. Five-year projections indicate continued population growth of 21.5% and household income increases of 58.4%, supporting rental demand fundamentals.
Built in 1986, this property aligns with the neighborhood's average construction year of 1983, suggesting consistent building stock without immediate capital expenditure pressures. The area offers strong amenity access with 31.04 restaurants per square mile (98th percentile nationally) and adequate childcare facilities at 3.65 per square mile (97th percentile), supporting tenant appeal and retention.
Crime metrics show property offense rates of 583 per 100,000 residents, ranking in the 34th percentile nationally among neighborhoods. However, the area has experienced an 18% decline in property offense rates over the past year, indicating improving trends. Violent crime rates remain relatively low at 58.6 per 100,000 residents, with a significant 51.9% decrease year-over-year, placing the neighborhood in the 86th percentile nationally for violent crime improvement.
Overall safety conditions rank above the median among Los Angeles metro neighborhoods, with recent downward crime trends supporting the investment environment. Investors should monitor these metrics as part of ongoing tenant retention and leasing considerations.
The property benefits from proximity to major corporate employers that support workforce housing demand, including healthcare, technology, and entertainment companies within the greater Los Angeles region.
- Amerisourcebergen — healthcare distribution (7.2 miles)
- Boston Scientific Neuromodulation — medical technology (8.2 miles)
- Charter Communications — telecommunications (16.7 miles)
- Thermo Fisher Scientific — life sciences (17.6 miles)
- Disney — entertainment — HQ (19.8 miles)
This 33-unit Canyon Country property presents compelling fundamentals anchored by exceptional neighborhood occupancy of 97.4%, placing it in the 86th percentile nationally. The 1986 construction year aligns with area norms, minimizing immediate capital expenditure concerns while positioning for potential value-add opportunities. Strong demographic trends within a 3-mile radius, including 21.5% projected population growth and 58.4% household income increases through 2028, support sustained rental demand.
Contract rents of $1,854 rank in the 89th percentile nationally, while the modest rent-to-income ratio of 0.27 indicates manageable affordability pressures for tenant retention. The area's 31.9% renter-occupied housing share provides a stable tenant pool, complemented by strong amenity density including restaurants and childcare facilities that enhance tenant appeal.
- Neighborhood occupancy of 97.4% ranks 86th percentile nationally
- Strong demographic growth with 21.5% population increase projected through 2028
- Contract rents at $1,854 rank 89th percentile nationwide
- 1986 vintage aligns with neighborhood average, minimizing immediate capital needs
- Risk consideration: Monitor rent-to-income dynamics as household incomes rise