| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 80th | Best |
| Demographics | 63rd | Good |
| Amenities | 28th | Poor |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 26840 Isabella Pkwy, Canyon Country, CA, 91351, US |
| Region / Metro | Canyon Country |
| Year of Construction | 1987 |
| Units | 88 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
26840 Isabella Pkwy Canyon Country Multifamily Investment
Neighborhood occupancy has been resilient and comparatively tight, supporting stable renter demand at the submarket edge, according to WDSuite’s CRE market data. These metrics reflect neighborhood conditions rather than the property and point to steady leasing fundamentals for well-positioned assets.
Situated in Canyon Country within Los Angeles County’s north valley, the location blends suburban living with access to Santa Clarita employment corridors. Neighborhood occupancy trends sit in the upper tier nationally, indicating generally steady lease-up and retention for comparable assets, while the average rent level skews higher than many U.S. areas, reinforcing a quality-of-life positioning for workforce and professional households.
Livability leans suburban. While restaurant, grocery, and cafe densities rank lower among the 1,441 Los Angeles metro neighborhoods, parks and pharmacies score in the top quartile nationally, signaling outdoor access and everyday convenience. For investors, this mix suggests marketing toward households prioritizing space and schools over dense retail clusters, with potential to enhance on-site amenities to capture lifestyle demand.
Tenure patterns show a lower renter-occupied share in the immediate neighborhood, pointing to an owner-leaning area with a smaller but stable renter pool. Within a 3-mile radius, demographic statistics indicate population growth and an increase in households, supporting a larger tenant base over the next several years. This expansion, combined with higher median household incomes, supports pricing power for quality product while keeping an eye on affordability to sustain lease retention.
Home values are elevated for the region, which typically sustains multifamily demand by positioning rentals as a more accessible option than ownership. Rent-to-income levels in the neighborhood appear manageable, which can help support renewal rates and reduce turnover risk. For an asset built in 1987—slightly older than the neighborhood’s average vintage of 1990—the investor implication is targeted capital planning and selective renovations to remain competitive versus newer inventory.
Safety indicators compare favorably to national medians, with recent year-over-year declines in both violent and property offense rates suggesting improving conditions. Within the Los Angeles metro, the neighborhood stands competitive among 1,441 neighborhoods, while nationally the trend profile points to gradual strengthening rather than elevated risk.
For underwriting, this positions the area as broadly stable from a security standpoint, supporting tenant retention and day-to-day operations without requiring extraordinary mitigation beyond standard multifamily best practices.
Nearby employers anchor a diverse white-collar and technical workforce, supporting renter demand through commute convenience to pharmaceutical distribution, medical devices, life sciences, insurance, and telecommunications roles.
- AmerisourceBergen — pharmaceutical distribution (4.5 miles)
- Boston Scientific Neuromodulation — medical devices (5.7 miles)
- Thermo Fisher Scientific — life sciences (15.7 miles)
- Farmers Insurance Exchange — insurance (17.4 miles) — HQ
- Charter Communications — telecommunications (17.4 miles)
26840 Isabella Pkwy comprises 88 units with generous average floor plans, aligning with family-oriented suburban demand patterns. Neighborhood occupancy trends are healthy and comparatively stable, and elevated area home values help sustain reliance on rental housing. According to CRE market data from WDSuite, the surrounding neighborhood ranks above many U.S. peers for occupancy and income, supporting consistent leasing while suggesting thoughtful affordability management to protect renewals.
The 1987 vintage is slightly older than nearby averages, creating potential value-add through targeted interior updates, common-area enhancements, and systems modernization to remain competitive against newer stock. Broader 3-mile demographics point to population growth and a meaningful increase in households, translating into a larger tenant base that can support steady absorption for well-managed communities.
- Occupancy and income levels in the neighborhood support stable leasing and renewal performance.
- Elevated ownership costs in the area reinforce multifamily demand and pricing power for quality product.
- 1987 construction offers value-add potential via targeted upgrades and capital planning.
- 3-mile population and household growth expand the renter pool, supporting absorption and occupancy.
- Risks: lower neighborhood amenity density and an owner-leaning tenure mix may require enhanced on-site offerings and focused marketing to drive velocity.