| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 83rd | Best |
| Demographics | 54th | Fair |
| Amenities | 44th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 18050 Annes Cir, Canyon Country, CA, 91387, US |
| Region / Metro | Canyon Country |
| Year of Construction | 1999 |
| Units | 110 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
18050 Annes Cir, Canyon Country Multifamily Opportunity
Neighborhood renter demand is supported by a high renter-occupied share and steady occupancy at the area level, according to WDSuite’s CRE market data. The investment case centers on durable local demand drivers rather than peak amenity density.
The property sits in an Urban Core neighborhood of the Los Angeles metro with a B- neighborhood rating among 1,441 neighborhoods, indicating broadly competitive fundamentals for workforce and family renters. Neighborhood occupancy is near the national middle, helping underpin stability at the submarket level, while the area’s renter-occupied share ranks in the top quartile nationally, signaling a deep tenant base for multifamily.
Everyday conveniences trend favorable: grocery access and restaurant density both sit in high national percentiles, while childcare availability ranks strongly as well. By contrast, cafes and public parks are sparse. For investors, this mix suggests practical livability that supports retention without relying on lifestyle amenities to drive leasing.
Construction in the surrounding area averages 1992; a 1999 vintage positions this asset newer than the neighborhood norm, which can enhance competitiveness versus older stock. Investors should still plan for targeted modernization and building systems updates typical of late-1990s construction to maintain leasing velocity.
Within a 3-mile radius, population and household counts have grown meaningfully over the last five years, with additional expansion projected. This points to a larger tenant base and supports occupancy stability. Elevated home values relative to many U.S. neighborhoods reinforce reliance on multifamily housing, which tends to bolster pricing power and lease retention for well-managed assets.
Safety indicators for the neighborhood are mixed but improving. Overall crime levels track close to the national middle and around the Los Angeles metro median among 1,441 neighborhoods. Importantly, both violent and property offense rates show year-over-year declines, placing the neighborhood in stronger national percentiles for improvement momentum. Investors should view the trend as constructive while continuing standard property-level security and lighting protocols.
Nearby employers anchor a diverse white-collar employment base that supports renter demand and commute convenience for residents, including healthcare distribution, medical devices, telecommunications, life sciences, and insurance.
- AmerisourceBergen — healthcare distribution (7.0 miles)
- Boston Scientific Neuromodulation — medical devices (8.1 miles)
- Charter Communications — telecommunications (15.8 miles)
- Thermo Fisher Scientific — life sciences (16.5 miles)
- Farmers Insurance Exchange — insurance (17.8 miles) — HQ
This 110-unit asset with larger-than-typical floor plans for the area is positioned to capture family and roommate demand in Canyon Country. The neighborhood posts a high renter-occupied share and occupancy near the national middle, which supports baseline stability while leaving room for operational upside. According to CRE market data from WDSuite, surrounding livability skews toward daily-need amenities and childcare, a pattern that can aid retention for workforce renters even without heavy lifestyle amenity reliance.
Built in 1999, the property is newer than the neighborhood’s early-1990s average, offering a relative edge against older stock. Targeted capital plans—focused on interior refreshes and selective systems upgrades typical for late-1990s assets—can strengthen competitive positioning. With elevated ownership costs in the area and population and household growth within 3 miles, the tenant base should remain deep enough to support occupancy and disciplined rent strategies through the cycle.
- High renter concentration locally supports a deep tenant base and leasing durability
- 1999 vintage offers competitive positioning versus older stock with manageable modernization scope
- Daily-need amenities and strong childcare access favor retention for workforce households
- Elevated ownership costs reinforce reliance on rentals, aiding pricing power for well-run assets
- Risk: amenity gaps (parks/cafes) and median-level safety require active asset management and resident engagement