| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 82nd | Best |
| Demographics | 58th | Good |
| Amenities | 54th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 29007 Dune Ln, Canyon Country, CA, 91387, US |
| Region / Metro | Canyon Country |
| Year of Construction | 1988 |
| Units | 36 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
29007 Dune Ln, Canyon Country Multifamily Investment
Neighborhood occupancy remains high with stable rent fundamentals, according to WDSuite’s CRE market data, supporting a steady renter base for this 36-unit asset. This commercial real estate analysis points to durable demand drivers relative to many Los Angeles metro suburbs.
Positioned in a suburban pocket of Canyon Country (Los Angeles metro), the neighborhood scores a B+ and is competitive among Los Angeles-Long Beach-Glendale neighborhoods (ranked 489 out of 1,441). Occupancy in the surrounding neighborhood is strong at 96.8% and trending slightly higher over five years, a positive backdrop for lease stability and collections.
Within a 3-mile radius, demographics indicate a growing renter pool: population and family counts have increased in recent years with further growth projected, which can translate into a larger tenant base. The renter-occupied share is roughly 29% within this radius, pointing to an owner-leaning area that still offers sufficient depth for multifamily demand; this mix tends to support steadier tenancy rather than heavy turnover.
Rents benchmark high versus national levels, yet neighborhood rent-to-income remains around one-quarter, signaling manageable affordability pressure that can aid retention and sustained occupancy. Home values are elevated relative to the nation, creating a high-cost ownership market that typically reinforces reliance on rental housing and supports pricing power when managed thoughtfully. NOI per unit performance is strong compared with national peers, aligning with investor expectations for stabilized suburban product based on WDSuite data and multifamily property research.
Day-to-day livability is serviceable: grocery, parks, and pharmacies are around the upper-middle range nationally, while restaurants and cafes are closer to midrange. Average school ratings sit modestly above national norms, which, together with larger household sizes nearby, can support demand for larger floor plans and family-oriented amenities.
Safety conditions are mixed relative to peers. The neighborhood’s crime rank sits below the metro median (ranked 1,058 out of 1,441 Los Angeles metro neighborhoods), indicating more incidents than many parts of the region. Nationally, the area is below the median for safety (around the 39th percentile). Investors may view this as a monitoring item rather than a disqualifier, given broader suburban fundamentals.
Trend-wise, property offenses have declined year over year in the neighborhood, while violent offense indicators have risen and remain below the national median for safety. As always, underwriting should incorporate current local data, preventive site management, and resident experience considerations. Figures referenced are neighborhood-level, not property-specific, and are based on WDSuite’s CRE market data.
Nearby employers span healthcare, life sciences, telecom, and media, supporting commuter convenience and diversified renter demand. The list below highlights key corporate offices within typical commuting distance that can underpin leasing stability.
- AmerisourceBergen — pharmaceutical distribution (8.9 miles)
- Boston Scientific Neuromodulation — medical devices (9.8 miles)
- Charter Communications — telecom & cable services (16.5 miles)
- Waste Management - Palmdale — environmental services offices (17.8 miles)
- Thermo Fisher Scientific — life sciences & lab products (18.9 miles)
- Disney — media & entertainment (19.7 miles) — HQ
- Radio Disney — media offices (19.7 miles)
- Farmers Insurance Exchange — insurance (20.1 miles) — HQ
This 36-unit Canyon Country asset offers scale with larger average floor plans, aligning with nearby family-oriented demand and above-median incomes within a 3-mile radius. According to CRE market data from WDSuite, neighborhood occupancy is elevated and trending modestly upward, while high-cost ownership dynamics contribute to durable renter reliance and support pricing power when paired with thoughtful lease management.
Forward-looking demographics within 3 miles point to population and household growth, indicating a larger tenant base over time and reinforcing occupancy stability. Amenity access is practical rather than destination-driven, and proximity to diversified employers in healthcare, life sciences, telecom, and media supports steady commuter demand.
- Elevated neighborhood occupancy and steady trend support durable collections
- Larger average unit sizes align with nearby family demand and potential retention
- High-cost ownership market reinforces renter depth and pricing power potential
- Diversified employers within commuting range bolster leasing stability
- Risks: below-metro-median safety rank and mid-range amenity density warrant active management