| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 82nd | Best |
| Demographics | 58th | Good |
| Amenities | 54th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 27502 Shirley Pl, Canyon Country, CA, 91387, US |
| Region / Metro | Canyon Country |
| Year of Construction | 2003 |
| Units | 24 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
27502 Shirley Pl Canyon Country Multifamily Investment
This 24-unit property benefits from strong neighborhood-level occupancy at 96.8% and elevated income demographics, with median household income at $131,037 ranking in the top quartile among 1,441 metro neighborhoods.
Canyon Country's suburban character attracts stable family households, with demographic statistics aggregated within a 3-mile radius showing an average household size of 3.2 and median income of $131,037. The neighborhood ranks in the 89th national percentile for household income among metro neighborhoods, supporting rental demand from workforce families. Built in 2003, this property aligns with the neighborhood's average construction year of 1988, positioning it competitively within the local housing stock without immediate capital expenditure pressures.
Neighborhood-level occupancy trends remain strong at 96.8%, ranking in the 82nd national percentile and indicating stable tenant retention dynamics. The area maintains 23.9% of housing units as renter-occupied, creating a focused rental market. Median contract rent of $2,675 has grown 29.2% over five years, reflecting pricing power in this income-qualified submarket according to CRE market data from WDSuite.
Home values at a median of $679,438 reinforce rental demand, as elevated ownership costs sustain renter reliance on multifamily housing. The rent-to-income ratio of 0.25 suggests manageable affordability for the target demographic. Population growth projections within the 3-mile radius show a 22.6% increase expected by 2028, expanding the potential tenant base and supporting occupancy stability over the investment horizon.
Property crime rates in the neighborhood trend below recent peaks, with an estimated 20.7% decrease year-over-year, ranking in the 64th national percentile for crime reduction among metro neighborhoods. While violent crime rates increased 34.5% year-over-year, the neighborhood maintains a moderate safety profile relative to the broader Los Angeles metro area, ranking in the 39th national percentile overall among 1,441 neighborhoods.
Investors should monitor local crime trends as part of ongoing tenant retention and lease management strategies, particularly given the family-oriented demographic profile that values neighborhood stability.
The surrounding employment base includes significant corporate offices within commuting distance, supporting workforce housing demand from professional and technical employees.
- Amerisourcebergen — pharmaceutical distribution (7.5 miles)
- Boston Scientific Neuromodulation — medical device manufacturing (8.6 miles)
- Charter Communications — telecommunications (15.7 miles)
- Thermo Fisher Scientific — life sciences (16.8 miles)
- Disney — media and entertainment (18.8 miles) — HQ
This 24-unit Canyon Country property capitalizes on strong neighborhood fundamentals, including 96.8% occupancy rates and household incomes in the 89th national percentile. The 2003 construction vintage requires minimal near-term capital investment while maintaining competitive positioning within the local market. Population growth projections of 22.6% through 2028 within the 3-mile radius support expanding rental demand, while elevated home values at $679,438 median reinforce tenant retention in the multifamily sector.
Rent growth of 29.2% over five years demonstrates pricing power in this income-qualified submarket, supported by proximity to major corporate employers including Disney headquarters and life sciences facilities. The suburban location attracts stable family households with an average size of 3.2, contributing to lease retention and operational stability according to multifamily property research from WDSuite.
- Strong occupancy fundamentals with neighborhood rates at 96.8%, ranking in top quartile nationally
- Income-qualified tenant base with median household income of $131,037 supporting rent stability
- Population growth of 22.6% projected through 2028, expanding rental demand
- 2003 construction vintage minimizes immediate capital expenditure requirements
- Monitor crime trends and competitive pressure from ownership market given home value dynamics