| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 83rd | Best |
| Demographics | 54th | Fair |
| Amenities | 44th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 18001 Annes Cir, Canyon Country, CA, 91387, US |
| Region / Metro | Canyon Country |
| Year of Construction | 1999 |
| Units | 74 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
18001 Annes Cir, Canyon Country CA Multifamily Investment
Stabilized renter demand in a high-cost ownership pocket of Los Angeles County, with neighborhood occupancy holding near the metro middle according to WDSuite’s CRE market data.
Situated in Canyon Country within the Los Angeles-Long Beach-Glendale metro, the neighborhood rates B- and sits around the metro middle overall (rank 697 among 1,441 neighborhoods). Grocery and restaurant access is competitive for the area (both in the 80s by national percentile), while cafes, parks, and pharmacies are sparse, pointing to more drive-to amenities than walkable options. Average school ratings are near the national middle, which supports broad appeal for workforce households without being a primary demand driver.
Renter-occupied housing accounts for a majority of neighborhood units (about six in ten), indicating a deep tenant base that supports leasing and retention for multifamily assets. Neighborhood occupancy is in the mid-90s percent range and above the national median, reinforcing demand stability at the sub-neighborhood level; note these occupancy readings describe the neighborhood, not the property. Median contract rents in the neighborhood are high relative to the nation (mid-90s percentile) but are balanced by incomes that are also elevated (mid-70s percentile), keeping rent-to-income around the national low end, which can aid renewal rates and pricing discipline.
The property’s 1999 vintage is somewhat newer than the neighborhood’s average 1992 construction year, indicating competitive positioning versus older stock, though investors should underwrite routine modernization of systems and common areas as assets of this era age. Neighborhood NOI per unit performance trends in the top decile nationally, signaling that comparable assets in similar locations have historically supported healthy operating margins. These insights are grounded in WDSuite’s multifamily property research and reflect neighborhood-level conditions rather than guarantees for the subject asset.
Within a 3-mile radius, population and household counts have grown over the past five years and are projected to continue increasing, expanding the local renter pool. Elevated home values relative to national benchmarks characterize a high-cost ownership market, which tends to reinforce reliance on multifamily housing and can support occupancy stability and pricing power over time.
Safety indicators for the neighborhood track close to national midpoints overall (crime rank 789 among 1,441 metro neighborhoods; roughly average nationally). Violent and property offense levels sit below the national safety median (mid-30s and low-20s percentiles, respectively), yet both categories show meaningful year-over-year improvement, suggesting recent momentum in the right direction. These measures describe neighborhood conditions and can vary by block and over time.
Proximity to diversified corporate offices supports a broad workforce renter base and commute convenience for residents, notably in healthcare products, pharma distribution, cable/media, and insurance. The employers below represent nearby demand anchors relevant to leasing stability.
- AmerisourceBergen — pharmaceutical distribution (7.0 miles)
- Boston Scientific Neuromodulation — medical devices (8.1 miles)
- Charter Communications — cable & media offices (15.9 miles)
- Thermo Fisher Scientific — life science tools (16.5 miles)
- Farmers Insurance Exchange — insurance services (17.8 miles) — HQ
18001 Annes Cir is a 74-unit, 1999-vintage community positioned in a neighborhood where renter-occupied housing is the majority, supporting depth of demand and renewal potential. Neighborhood occupancy trends near the national middle and median contract rents sit high nationally, balanced by comparatively strong local incomes; together, these dynamics support steady leasing with room for disciplined revenue management. The 1999 vintage is slightly newer than area averages, offering competitive positioning versus older stock, while prudent capital planning for modernization remains appropriate for systems of this era.
Within a 3-mile radius, population and household growth to date and projected forward suggest a larger tenant base over time, while elevated home values indicate a high-cost ownership market that tends to sustain multifamily demand. According to commercial real estate analysis from WDSuite, comparable neighborhood assets post top-decile NOI per unit nationally, underscoring operating potential when assets are well managed. Key watch items include the drive-to amenity profile and maintaining lease retention as rents trend higher.
- Renter-occupied majority at the neighborhood level supports a deep tenant base and leasing durability.
- 1999 vintage offers relative competitiveness versus older stock with manageable modernization planning.
- High national positioning for neighborhood rents and incomes supports pricing discipline and renewal capture.
- 3-mile population and household growth expands the local renter pool, aiding occupancy stability.
- Risks: drive-to amenity profile and the need to sustain retention as rents rise.