| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 79th | Good |
| Demographics | 56th | Good |
| Amenities | 71st | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 43100 30th St W, Lancaster, CA, 93536, US |
| Region / Metro | Lancaster |
| Year of Construction | 1986 |
| Units | 72 |
| Transaction Date | 2016-12-01 |
| Transaction Price | $7,000,000 |
| Buyer | The Ezralow Company |
| Seller | Sandra Rough |
43100 30th St W Lancaster 72-Unit Multifamily
Neighborhood occupancy is strong and renter demand is resilient, according to WDSuite’s CRE market data, supporting stable operations for a professionally managed asset. With solid location fundamentals in an inner-suburban pocket of Lancaster, the property presents steady cash flow potential with measured upside.
The property sits in an Inner Suburb of the Los Angeles metro with an A- neighborhood rating, competitive among Los Angeles-Long Beach-Glendale neighborhoods (ranked 364 out of 1,441). Occupancy in the neighborhood is high at roughly the top quartile nationally (ranked 253 of 1,441 in the metro; 89th percentile nationwide), a positive indicator for lease-up stability and renewal retention for nearby multifamily.
Within a 3-mile radius, population and households have expanded in recent years, with further growth projected, pointing to a larger tenant base and continued multifamily demand. Forecasts indicate additional household gains and slightly smaller average household sizes, which can translate to more renters entering the market and support for occupancy stability.
Tenure patterns show a balanced renter-occupied share in the neighborhood (about mid-to-upper range for the metro), which supports depth of demand for a 72‑unit asset. Ownership costs are elevated relative to incomes in this part of Los Angeles County, and neighborhood contract rents track below typical rent-to-income thresholds, which can aid lease retention and moderated turnover from an investor perspective.
Local amenity access is mixed: grocery, parks, childcare, restaurants, and pharmacies benchmark in the upper national percentiles (generally 80th–90th), while cafes are sparse. Average school ratings in the neighborhood sit below national medians (around the 37th percentile), which may matter for some household segments, but the area’s commuter orientation and service amenities still align with workforce housing demand.
Safety trends are mixed when viewed against broader benchmarks. The neighborhood ranks 1,080 out of 1,441 within the Los Angeles metro on crime, indicating conditions below the metro median. Nationally, it sits in lower percentiles for both property and violent offenses, though recent data shows improvement in violent offense rates (around the 60th percentile for 1‑year improvement), suggesting incremental gains rather than a structural shift.
For investors, this points to a market where prudent security and property management practices remain important to support leasing and retention, while monitoring ongoing regional trends over multi-year horizons.
Proximity to major employers supports a commuter tenant base and helps underpin leasing stability. Notable nearby employers include aerospace, environmental services, medical technology, distribution, and media.
- Lockheed Martin Aeronautics Co. — aerospace (5.4 miles)
- Waste Management - Palmdale — environmental services (7.1 miles)
- Boston Scientific Neuromodulation — medical technology (27.0 miles)
- AmerisourceBergen — pharmaceuticals distribution (27.1 miles)
- Avery Dennison — materials & labeling (35.3 miles) — HQ
- Disney — media & entertainment (36.0 miles) — HQ
Built in 1986, the asset is slightly older than the neighborhood’s average vintage, creating potential for targeted renovations and systems upgrades to enhance competitive positioning while leveraging a neighborhood occupancy profile that ranks in the national top quartile. According to CRE market data from WDSuite, the area’s renter base is supported by a balanced renter-occupied share and projected household growth within a 3‑mile radius, both of which tend to sustain demand and support renewal capture.
Elevated home values in this part of Los Angeles County reinforce reliance on rental options, while neighborhood rent-to-income levels suggest manageable affordability pressure that can aid retention and reduce turnover risk. The mix of nearby employment centers further supports leasing durability typical of workforce housing submarkets. Primary risks include below-median school ratings and safety metrics that warrant active management and community engagement.
- Strong neighborhood occupancy (top quartile nationally) supports stable leasing
- 1986 vintage offers value-add opportunities via targeted renovations and modernization
- 3-mile radius population and household growth expand the tenant base over time
- Elevated ownership costs bolster rental demand and renewal retention potential
- Risks: below-median school ratings and safety metrics require proactive management