| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 82nd | Best |
| Demographics | 58th | Good |
| Amenities | 54th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 28812 N Prairie Ln, Canyon Country, CA, 91387, US |
| Region / Metro | Canyon Country |
| Year of Construction | 1988 |
| Units | 24 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
28812 N Prairie Ln: Suburban LA Multifamily Investment
Neighborhood occupancy is strong and competitive among Los Angeles-Long Beach-Glendale submarkets, supporting income stability for a 24-unit asset, according to WDSuite’s CRE market data. High-cost ownership in Canyon Country reinforces renter reliance on multifamily housing.
The Canyon Country neighborhood in Los Angeles County shows solid operating fundamentals for multifamily investors. Neighborhood occupancy is in the top quintile nationally and competitive among 1,441 Los Angeles-Long Beach-Glendale neighborhoods, suggesting steady lease-up and limited churn at the submarket level, per WDSuite’s CRE market data. Median asking rents in the area are elevated relative to national norms, while rent-to-income benchmarks indicate manageable affordability pressure that can support pricing discipline without overextending residents.
Within a 3-mile radius, population has grown in recent years and is projected to expand further by the low teens through 2028, with households also rising. A renter-occupied share around one-third points to a meaningful tenant base and ongoing demand for well-maintained units, while the area’s larger average household sizes support demand for spacious floor plans. These trends tie to retention and occupancy stability rather than rapid turnover.
Local amenity access is mixed: grocery, parks, and pharmacy availability track around the national mid-to-upper range, though café density is thinner. Average school ratings place the neighborhood in the top quartile among 1,441 metro neighborhoods, which can aid family retention and reduce move-out risk for larger units.
Home values in the neighborhood are elevated versus national levels, creating a high-cost ownership market that sustains multifamily demand and supports lease retention. For investors, this backdrop often translates to steady tenant interest, with rent positioning guided by income growth and measured affordability rather than aggressive concessions.
Safety indicators for the neighborhood track below the national median, based on WDSuite’s data. Year over year, property offenses have decreased, while violent offenses increased, indicating mixed momentum. Investors should underwrite with prudent loss assumptions and consider standard safety measures and lighting upgrades to support tenant retention.
In comparative terms, the area is not among the safer cohorts nationally, yet recent declines in property offenses are constructive. Positioning the asset with attentive management and visible site upkeep can help align with residents’ expectations and support leasing stability.
Proximity to diversified employers supports a commuting renter base and broadens leasing demand, particularly for workforce and professional households tied to healthcare, life sciences, communications, and essential services.
- AmerisourceBergen — pharmaceutical distribution (8.8 miles)
- Boston Scientific Neuromodulation — medical devices (9.7 miles)
- Charter Communications — communications (16.3 miles)
- Waste Management - Palmdale — environmental services (18.0 miles)
- Thermo Fisher Scientific — life sciences (18.7 miles)
This 24-unit community in Canyon Country benefits from sturdy neighborhood fundamentals: occupancy rates are competitive within the Los Angeles-Long Beach-Glendale metro and in the top quintile nationally, and home values signal a high-cost ownership market that reinforces renter demand. Unit sizes averaging about 1,029 square feet align with larger household patterns in the area, which can support retention for tenants seeking more space.
According to CRE market data from WDSuite, neighborhood rents sit well above national norms while rent-to-income measures remain manageable for many local households. Within a 3-mile radius, recent population gains and projected growth through 2028 point to a larger tenant base and support occupancy stability, though amenity density is uneven and safety metrics are below the national median—factors that call for disciplined operations and thoughtful capital planning.
- Competitive neighborhood occupancy supports income stability and lease retention.
- High-cost ownership context sustains multifamily demand and pricing power.
- Larger average unit sizes align with family-oriented renter demand.
- 3-mile population and household growth expand the renter pool through 2028.
- Risks: below-median safety and uneven amenities require attentive management.