| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 84th | Best |
| Demographics | 53rd | Fair |
| Amenities | 16th | Poor |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 19151 Nadal St, Canyon Country, CA, 91351, US |
| Region / Metro | Canyon Country |
| Year of Construction | 1985 |
| Units | 96 |
| Transaction Date | 2016-06-16 |
| Transaction Price | $15,425,000 |
| Buyer | 28085 WHITES CANYON 200P LP |
| Seller | GELT WHITES CANYON HOLDINGS LLC |
19151 Nadal St Canyon Country Multifamily Investment
Neighborhood occupancy has remained firm with limited vacancy, supporting steady leasing fundamentals according to WDSuite’s CRE market data. For investors, the submarket’s renter demand and stable tenancy patterns point to durable cash flow potential relative to wider Los Angeles trends.
Located in Canyon Country within Los Angeles County, the neighborhood shows solid operating fundamentals for multifamily: the area’s occupancy is above the metro median and competitive among Los Angeles-Long Beach-Glendale neighborhoods (ranked 457 of 1,441), indicating resilient tenant retention and lower downtime between turns. Median contract rents sit in a higher national bracket, signaling pricing power when units are well positioned.
Parks are a relative strength, with park access ranking near the top of the metro (106 of 1,441) and in the top percentile nationally, a lifestyle factor that can aid leasing and retention. Average school quality for the neighborhood is above national norms (around the 73rd percentile), which often supports family-oriented renter demand and longer tenancy.
The neighborhood skews more owner-heavy, with about 30% of housing units renter-occupied. For multifamily owners, that renter concentration suggests a moderate but reliable tenant base rather than transient turnover dynamics common in highly renter-dense pockets. Notably, the property’s 1985 vintage is older than the neighborhood’s predominantly newer stock (average construction year 2017), creating potential value-add or modernization upside to compete effectively against recent deliveries.
Within a 3-mile radius, population and household counts have grown and are projected to increase further, expanding the local renter pool. Rising household incomes alongside elevated ownership costs at the neighborhood level tend to sustain reliance on multifamily, supporting occupancy stability and measured rent growth when units are maintained and amenities are aligned to local expectations.
Safety metrics are mixed in comparative terms. The neighborhood’s overall crime rank sits below the metro median (920 out of 1,441 Los Angeles-Long Beach-Glendale neighborhoods), suggesting conditions that warrant routine, professional property management practices. At a national level, violent offense indicators track in a relatively better position (around the upper third nationwide), while property offense levels are closer to the national middle.
Recent trends show property crime increasing year over year, according to WDSuite’s data. Investors should factor this into operating plans through lighting, access control, and resident engagement rather than treating it as a block-level condition. Comparative framing and ongoing monitoring are advised, as neighborhood trends can shift with local enforcement and community investment.
Proximity to a diversified employment base underpins renter demand and commute convenience, with nearby roles in pharmaceuticals, medtech, communications, and insurance that can support leasing and retention.
- AmerisourceBergen — pharmaceuticals distribution (5.8 miles)
- Boston Scientific Neuromodulation — medical devices (6.8 miles)
- Thermo Fisher Scientific — life sciences (17.0 miles)
- Charter Communications — communications (17.4 miles)
- Farmers Insurance Exchange — insurance (18.5 miles) — HQ
This 96-unit asset offers exposure to a Los Angeles County inner-suburban location where neighborhood occupancy is above the metro median and national average, supporting steady rent rolls and limited downtime. The 1985 construction is older than nearby deliveries, creating a clear value-add path through unit and system updates to better compete with newer stock. According to commercial real estate analysis from WDSuite, the neighborhood’s rent levels sit in higher national brackets while rent-to-income signals are comparatively manageable, a backdrop that can aid pricing power without overextending affordability pressure when leasing is managed carefully.
Within a 3-mile radius, population and household growth—alongside rising incomes—point to a larger tenant base over the medium term, supporting occupancy stability and measured rent growth. The area’s strong park access and above-average school ratings can reinforce family-oriented renter demand, while a moderate renter-occupied share indicates durable, less transient tenancy dynamics.
- Above-metro neighborhood occupancy supports stable rent rolls and lower downtime
- 1985 vintage presents tangible value-add and modernization upside versus newer comps
- 3-mile radius growth and rising incomes expand the tenant base and support retention
- Strong park access and solid school ratings aid family-oriented leasing appeal
- Risks: rising property-crime trends and limited nearby retail amenities warrant active management