| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 82nd | Best |
| Demographics | 58th | Good |
| Amenities | 54th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 27617 Marta Ln, Canyon Country, CA, 91387, US |
| Region / Metro | Canyon Country |
| Year of Construction | 2001 |
| Units | 48 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
27617 Marta Ln, Canyon Country Multifamily Investment Thesis
Neighborhood occupancy is strong and homeownership costs are elevated, supporting steady renter demand according to WDSuite’s CRE market data. The area’s owner‑heavy housing stock points to stable tenancy for well-managed units rather than rapid turnover.
Situated in a suburban pocket of Canyon Country within the Los Angeles metro, the neighborhood posts top‑quartile nationally occupancy at the neighborhood level, with stability that has edged higher over the last five years. These metrics reflect the neighborhood, not the property, and indicate a supportive backdrop for maintaining leased units and managing renewal risk.
The property’s 2001 vintage is newer than the neighborhood’s average construction year (1988). For investors, that typically means relatively competitive positioning versus older stock, while still planning for selective modernization of interiors and building systems to sustain rentability and reduce near‑term capital surprises.
Local livability features are balanced: grocery, park, and pharmacy access sit around the national middle to upper‑middle range, while cafes and restaurants are less dense than core urban submarkets. Average school ratings trend modestly above national medians, which can aid retention for family‑oriented renter households.
Tenure patterns show an owner‑leaning neighborhood renter concentration (about one‑quarter of housing units are renter‑occupied), with a broader 3‑mile radius showing roughly one‑third renter‑occupied. This suggests a durable but selective tenant base, favoring well‑amenitized, professionally managed multifamily communities.
Within a 3‑mile radius, demographic statistics indicate recent population and household growth, with forecasts pointing to further population expansion and a notable increase in households by 2028. This trajectory implies a larger tenant base and supports occupancy stability for quality assets. Elevated home values in the neighborhood and a high value‑to‑income context reinforce renter reliance on multifamily housing, while rent‑to‑income levels near a quarter of income suggest manageable affordability pressure that can aid lease retention.
Safety outcomes are mixed relative to peers. Within the Los Angeles–Long Beach–Glendale metro, the neighborhood’s crime rank sits in the lower half (1,058 of 1,441 neighborhoods), indicating higher crime than many metro comparables. Nationally, safety performance is below the median. Recent trends are nuanced: estimated property offenses have declined year over year, while estimated violent offenses have increased; investors should incorporate this variability into underwriting, security planning, and operating protocols.
Nearby corporate offices provide a diversified employment base that supports renter demand and commute convenience, led by healthcare, life sciences, telecom, and insurance employers listed below.
- AmerisourceBergen — pharmaceuticals distribution (7.4 miles)
- Boston Scientific Neuromodulation — medical devices (8.5 miles)
- Charter Communications — telecom & media offices (15.8 miles)
- Thermo Fisher Scientific — life sciences (16.8 miles)
- Farmers Insurance Exchange — insurance (18.1 miles) — HQ
This 48‑unit asset built in 2001 benefits from a neighborhood backdrop of high occupancy, owner‑weighted housing, and elevated ownership costs that sustain multifamily demand. Based on CRE market data from WDSuite, neighborhood occupancy trends sit in the national top quartile and have inched up over the past five years, supporting lease stability for well‑run properties. Within a 3‑mile radius, recent population and household gains — with further expansion projected — point to a growing renter pool and support for steady absorption.
The property’s newer vintage versus the neighborhood average enhances competitive positioning against older stock, with targeted upgrades offering potential for rent optimization. High home values and a favorable rent‑to‑income context suggest durable demand and manageable retention risk, though an owner‑heavy tenure mix indicates a selective, quality‑sensitive renter base. Safety metrics are mixed, warranting prudent on‑site security and operational controls in underwriting.
- Neighborhood occupancy is top‑quartile nationally, supporting leasing stability
- 2001 vintage offers competitive positioning with targeted value‑add potential
- High local home values reinforce reliance on rental housing and pricing power
- 3‑mile demographics show recent and forecast growth, expanding the tenant base
- Risks: mixed safety trends and owner‑heavy tenure require disciplined operations