| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 83rd | Best |
| Demographics | 54th | Fair |
| Amenities | 44th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 18020 Grace Ln, Canyon Country, CA, 91387, US |
| Region / Metro | Canyon Country |
| Year of Construction | 1999 |
| Units | 45 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
18020 Grace Ln, Canyon Country CA Multifamily Investment
Neighborhood fundamentals point to steady renter demand and mid-cycle occupancy, according to WDSuite’s CRE market data, with the broader area’s owner tilt supporting a consistent tenant pipeline for well-positioned assets.
Canyon Country’s livability profile supports workforce and family renters with convenient daily needs retail and childcare access. Neighborhood data show strong grocery and restaurant density relative to national norms, while cafes, parks, and pharmacies are less concentrated. Average school ratings land modestly above national midpoints, which can aid family retention without relying on top-tier school positioning.
From an investment standpoint, neighborhood occupancy is around the national middle and has softened slightly over the past five years, suggesting the need for active leasing management rather than outsized concessions. The neighborhood shows a high share of renter-occupied housing units, indicating depth in the tenant base, whereas demographics aggregated within a 3-mile radius skew more owner-occupied — a mix that can support stability for professionally managed multifamily.
Population and household counts within 3 miles have grown over the last five years and are projected to expand further, translating into a larger renter pool over time. Household incomes in the 3-mile area are rising, and median contract rents are also trending upward, which supports revenue growth potential while keeping an eye on affordability and lease retention strategies.
Home values in the neighborhood are elevated versus national benchmarks, reinforcing reliance on multifamily for many households and supporting pricing power for well-maintained assets. With neighborhood housing fundamentals ranking in the upper tiers nationally and NOI per-unit benchmarks competitive, the area compares favorably to many Los Angeles submarkets for core-plus and light value-add approaches.
Safety indicators are roughly around the national middle based on WDSuite’s data, with recent estimates showing year-over-year declines in both violent and property offense rates. This trend suggests improving conditions rather than a structural shift, and investors should continue to monitor trajectory alongside property-level controls.
Within the Los Angeles-Long Beach-Glendale metro (1,441 neighborhoods), the neighborhood’s crime ranking sits near the metro middle. Framing this comparatively helps calibrate expectations: it is neither among the lowest-risk nor highest-risk areas locally, and continued emphasis on lighting, access control, and resident engagement typically supports leasing stability.
The employment base nearby blends life sciences, distribution, telecom, and insurance, supporting commuter convenience and a diversified renter pool for workforce-oriented units. Key anchors include AmerisourceBergen, Boston Scientific Neuromodulation, Charter Communications, Thermo Fisher Scientific, and Farmers Insurance Exchange.
- AmerisourceBergen — pharmaceuticals & distribution (7.1 miles)
- Boston Scientific Neuromodulation — medical devices (8.2 miles)
- Charter Communications — telecom & media offices (15.9 miles)
- Thermo Fisher Scientific — life sciences (16.6 miles)
- Farmers Insurance Exchange — insurance services (17.9 miles) — HQ
Built in 1999, the property is newer than the neighborhood average vintage, which supports competitive positioning versus older stock. Investors should still plan for modernization of building systems and common areas to sustain rentability. Neighborhood occupancy sits around the national middle, and household growth within a 3-mile radius points to a gradually expanding renter base. Elevated local home values bolster reliance on multifamily, while rising incomes and rent trends favor disciplined pricing and renewal management.
The location benefits from diversified employers within a ~20-mile commute, and daily-needs retail density is supportive even as cafes and park access are thinner. According to commercial real estate analysis from WDSuite, the neighborhood’s housing and NOI benchmarks compare well nationally, aligning the asset with a core-plus or light value-add approach focused on unit finishes and operational execution.
- 1999 vintage offers a competitive edge versus older stock, with targeted upgrades likely to enhance leasing velocity.
- Expanding 3-mile population and household counts support a growing tenant base and occupancy stability.
- Elevated ownership costs locally reinforce multifamily demand and support disciplined rent positioning.
- Proximity to diversified employers underpins steady workforce renter demand.
- Risks: mid-cycle neighborhood occupancy and thinner cafe/park amenities call for active leasing and resident engagement strategies.