| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 65th | Poor |
| Demographics | 24th | Poor |
| Amenities | 42nd | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1127 E Avenue J, Lancaster, CA, 93535, US |
| Region / Metro | Lancaster |
| Year of Construction | 1988 |
| Units | 66 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1127 E Avenue J Lancaster Multifamily — 66 Units (1988)
Neighborhood occupancy around 93% suggests steady leasing conditions for this 66‑unit asset, according to WDSuite’s CRE market data. The Lancaster inner‑suburb location offers renter demand supported by nearby employers and a high‑cost ownership market within Los Angeles County.
Livability reflects an inner‑suburb profile with everyday conveniences nearby: cafes and pharmacies show stronger density than the metro median, while grocery and park access inside the neighborhood footprint are limited. For family renters, the average school rating trends low versus metro and national norms, which may require positioning toward workforce households rather than school‑driven demand.
At the neighborhood level, occupancy measures are stable near 93% (neighborhood metric, not property‑specific), and median contract rents sit in the upper tier for the area. Rent‑to‑income is around 0.21, indicating manageable affordability pressure that can support lease retention with disciplined pricing and renewal strategies.
Within a 3‑mile radius, demographics show population and households increasing over the last five years, and projections indicate continued renter pool expansion through 2028. A roughly balanced tenure mix (about half of housing units renter‑occupied) points to a sizable tenant base; income growth in the trade area further supports multifamily demand and occupancy stability.
Home values in the neighborhood are elevated for the region, which reinforces reliance on multifamily housing and can support pricing power when paired with competitive finishes and management. Based on multifamily property research from WDSuite, these local dynamics position Lancaster for durable renter demand, with upside tied to targeted renovations and operational execution.
Safety indicators sit in the lower half among 1,441 Los Angeles metro neighborhoods and slightly below the national median, so investors should underwrite to perception‑sensitive leasing and onsite visibility. Encouragingly, estimated violent and property offense rates have declined year over year (double‑digit reductions), suggesting improving momentum; figures are neighborhood‑level, not property‑specific.
Proximity to major aerospace, logistics, and healthcare supply‑chain employers supports a large workforce renter base and commute convenience that can aid retention and leasing velocity.
- Lockheed Martin Aeronautics Co. — aerospace (5.6 miles)
- Waste Management - Palmdale — environmental & logistics services (8.8 miles)
- AmerisourceBergen — pharmaceutical distribution (31.4 miles)
- Boston Scientific Neuromodulation — medical devices (31.4 miles)
- Avery Dennison — materials & labeling (37.7 miles) — HQ
This 66‑unit Lancaster asset offers scale in an inner‑suburb location with neighborhood occupancy near 93% (neighborhood data, not property‑specific) and a rent‑to‑income profile around 0.21 that can support retention with prudent leasing practices. The 1988 vintage suggests practical value‑add potential through interior modernization and systems planning, while nearby aerospace and logistics employers provide a durable workforce tenant base.
Within a 3‑mile radius, recent population and household growth—and projections for additional renter pool expansion—reinforce demand resilience and support for steady occupancy. Elevated ownership costs in the area further sustain reliance on multifamily housing; according to commercial real estate analysis from WDSuite, properties that pair competitive finishes with service quality are positioned to capture pricing power while managing affordability pressure and renewal risk.
- Stable neighborhood occupancy and balanced trade‑area renter base support steady leasing
- 1988 vintage enables targeted value‑add and capex planning for competitive positioning
- Workforce demand underpinned by nearby aerospace, logistics, and healthcare employers
- Elevated ownership costs reinforce multifamily reliance and potential pricing power
- Risks: lower school ratings, limited grocery/park access, and below‑median safety require leasing and asset‑management focus