| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 82nd | Best |
| Demographics | 58th | Good |
| Amenities | 54th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 29037 Dune Ln, Canyon Country, CA, 91387, US |
| Region / Metro | Canyon Country |
| Year of Construction | 1988 |
| Units | 32 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
29037 Dune Ln, Canyon Country CA Multifamily Investment
Neighborhood occupancy is strong and broadly stable, supporting durable cash flow potential for a 32-unit asset, according to WDSuite’s CRE market data. Renter demand is reinforced by a high-cost ownership landscape in Los Angeles County, with pricing power tempered by local affordability.
This suburban Canyon Country location is competitive among Los Angeles-Long Beach-Glendale neighborhoods (ranked 489 out of 1,441), signaling balanced fundamentals rather than a speculative story. Neighborhood occupancy of 96.8% is above national norms (top quintile nationally), a constructive backdrop for lease stability and renewal capture based on CRE market data from WDSuite. Note that these occupancy metrics describe the neighborhood, not this specific property.
Livability is anchored by everyday conveniences over destination retail: grocery and pharmacy access sit modestly above national medians, while parks are relatively available. Restaurant and cafe density is thinner, which keeps traffic lighter but may reduce immediate lifestyle optionality. Average school ratings track slightly above national benchmarks, which can aid family retention.
Within a 3-mile radius, population and family counts have trended upward and are projected to continue growing, expanding the tenant base. Forecasts point to more households and a modest reduction in average household size by 2028, which typically supports demand for rental units and smaller formats. The local renter-occupied share at the neighborhood level is around one-quarter, indicating a smaller but steady renter pool that can underpin occupancy for well-managed multifamily.
Home values in the neighborhood are elevated relative to national levels, and the value-to-income relationship sits in the higher national percentiles. In practice, a high-cost ownership market often sustains multifamily demand and supports retention, while the neighborhood’s rent-to-income profile suggests manageable affordability pressure—useful for lease management and turnover control.
Safety trends are mixed when benchmarked against the region and nation. The neighborhood ranks 1,058 out of 1,441 metro neighborhoods for crime, which is below the metro median and reflects weaker relative safety positioning. Nationally, safety percentiles sit below the midpoint; however, recent data indicate property offenses have declined year over year, suggesting some directional improvement even as violent offense measures have ticked up. Use prudent assumptions and consider standard security and lighting enhancements during underwriting.
- AmerisourceBergen — healthcare distribution (8.9 miles)
- Boston Scientific Neuromodulation — medical devices (9.8 miles)
- Charter Communications — telecommunications (16.6 miles)
- Waste Management - Palmdale — environmental services (17.8 miles)
- Thermo Fisher Scientific — life sciences equipment (19.0 miles)
Nearby employers span healthcare, medical devices, telecom, environmental services, and life sciences, providing a diverse employment base that supports renter demand and commute convenience for workforce housing.
The property sits in a neighborhood with above-average occupancy and a high-cost ownership landscape, a combination that typically supports durable multifamily demand and pricing resilience. Within a 3-mile radius, population and household growth projections point to a larger tenant base over the next several years, which can help sustain occupancy and drive steady leasing performance. According to WDSuite’s commercial real estate analysis, neighborhood operating performance indicators are strong relative to national peers, while rent-to-income dynamics suggest room for disciplined rent management without overextending residents.
At the same time, the local renter-occupied share is modest, implying a more selective renter pool and the need for targeted leasing and retention strategies. Safety metrics trail metro and national medians, and amenity density is thinner than urban cores—factors to underwrite through positioning, on-site improvements, and tenant experience initiatives.
- Above-average neighborhood occupancy supports lease stability and renewal capture.
- High-cost ownership market reinforces reliance on rentals and aids retention.
- 3-mile radius population and household growth expand the tenant base.
- Neighborhood performance indicators compare well nationally, supporting long-term cash flow potential.
- Risks: modest renter concentration, thinner amenity density, and below-median safety require active asset management.