| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 73rd | Fair |
| Demographics | 37th | Fair |
| Amenities | 62nd | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 17740 Scherzinger Ln, Canyon Country, CA, 91387, US |
| Region / Metro | Canyon Country |
| Year of Construction | 1987 |
| Units | 62 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
17740 Scherzinger Ln Canyon Country Multifamily Investment
Neighborhood fundamentals point to durable renter demand and high occupancy, according to WDSuite’s CRE market data. Stability is supported by strong local services and a renter base that is competitive within the Los Angeles metro.
Situated in Canyon Country within Los Angeles County, the neighborhood posts occupancy in the top quartile nationally, indicating steady leasing performance relative to U.S. peers. Renter-occupied housing is also in the top quartile nationally, reinforcing depth of the tenant pool and supporting renewal prospects in a 62-unit community.
Daily-needs access is a differentiator: restaurants are dense (top national bracket), with grocery and pharmacy availability well above national norms. Childcare density is also strong. By contrast, parks and cafes are limited locally, which may modestly reduce walk-to-amenity appeal but is partially offset by the concentration of food and convenience services.
Within a 3-mile radius, population and households have expanded over the past five years and are projected to continue growing through 2028, pointing to a larger tenant base and support for occupancy stability. Median household incomes have risen meaningfully alongside rent levels, suggesting room for calibrated rent growth while monitoring affordability to sustain lease retention.
The property’s 1987 vintage is slightly newer than the area’s average construction year, offering relative competitiveness versus older stock. Investors should still plan for targeted system updates and common-area refreshes to capture value-add potential and support rent positioning.
Home values in the neighborhood sit in the upper half nationally. In practice, this high-cost ownership market for Los Angeles helps sustain reliance on multifamily housing, though more cost-accessible ownership options in outer submarkets can introduce some competition. Active lease management and amenity updates can help preserve pricing power and retention.
Neighborhood safety metrics are around the metro median and in the top half nationwide, based on WDSuite’s CRE market data benchmarked against 1,441 Los Angeles metro neighborhoods. Recent year-over-year trends indicate declines in both violent and property incidents, a constructive signal for resident retention and leasing.
While conditions compare favorably to many urban areas, investors should underwrite with standard risk controls (lighting, access control, and resident engagement) and monitor submarket trends relative to the broader Los Angeles-Long Beach-Glendale region.
Proximity to established corporate employers supports a stable renter base and commute convenience for workforce households, including roles in healthcare, life sciences, and communications that align with steady housing demand.
- AmerisourceBergen — healthcare distribution (7.2 miles)
- Boston Scientific Neuromodulation — medical devices (8.18 miles)
- Charter Communications — telecommunications (16.63 miles)
- Thermo Fisher Scientific — life sciences offices (17.55 miles)
- Farmers Insurance Exchange — insurance (18.89 miles) — HQ
17740 Scherzinger Ln offers investors exposure to a neighborhood with top-quartile occupancy and a renter concentration that supports depth of demand. According to CRE market data from WDSuite, local services are strong (restaurants, grocery, pharmacies), while new household formation within a 3-mile radius expands the potential tenant base. The 1987 vintage is slightly newer than the neighborhood average, positioning the asset to compete effectively with older product while leaving room for targeted renovations.
Affordability appears manageable relative to area incomes, supporting lease retention if rent growth is paced with income gains. At the same time, limited parks and cafe density and ownership alternatives in parts of the region suggest prudent underwriting on amenities and rent positioning. Overall, the combination of occupancy stability, service-rich surroundings, and moderate value-add potential underpins a practical long-term thesis.
- Top-quartile neighborhood occupancy supports leasing stability and renewal potential
- Strong daily-needs access (restaurants, grocery, pharmacy) helps sustain renter demand
- 1987 vintage provides competitiveness versus older stock with targeted value-add upside
- Expanding 3-mile population and household base increases the tenant funnel toward 2028
- Risks: limited parks/cafes locally and some competition from ownership options; underwrite amenities and rent growth carefully