| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 77th | Good |
| Demographics | 37th | Fair |
| Amenities | 54th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 44036 25th St W, Lancaster, CA, 93536, US |
| Region / Metro | Lancaster |
| Year of Construction | 1986 |
| Units | 24 |
| Transaction Date | 2016-10-20 |
| Transaction Price | $2,200,000 |
| Buyer | CANOGA CAPRI LLC |
| Seller | 25TH STREET WEST LLC |
44036 25th St W Lancaster 24-Unit Multifamily
Stabilized renter demand and high neighborhood occupancy support consistent operations, according to WDSuite’s CRE market data, with pricing power influenced by a high-cost ownership landscape in Los Angeles County.
Located in Lancaster’s inner-suburban setting of Los Angeles County, the property benefits from neighborhood fundamentals that favor multifamily leasing. Neighborhood occupancy is strong, and restaurants are dense relative to national norms while everyday needs like groceries and pharmacies are accessible. Parks and cafes are less prevalent locally, so onsite amenities and curb appeal can help differentiate.
Renter-occupied housing makes up roughly one-third of units at the neighborhood level, indicating a balanced mix of renters and owners that can support steady, workforce-oriented demand rather than heavy turnover. Within a 3-mile radius (demographic statistics aggregated at this radius), population and households have both expanded over the past five years and are projected to grow further through 2028, pointing to a larger tenant base and support for occupancy stability.
Home values in the neighborhood sit on the higher side for the region, which tends to reinforce reliance on multifamily housing and can aid lease retention. Median rents benchmark well against incomes, helping manage affordability pressure and supporting renewal strategies.
The average neighborhood construction year skews older than this asset’s 1986 vintage. Being newer than much of the surrounding stock provides relative competitiveness; investors should still plan for targeted modernization as systems age to sustain positioning against both older renovated assets and newer deliveries.
Safety indicators for the neighborhood track below national averages, and the area ranks in the lower tier among the 1,441 Los Angeles metro neighborhoods for overall crime — signaling investors should underwrite professional property management, lighting, and access controls. That said, recent trends show improvement in violent offense rates year over year, which is a constructive directional signal rather than a guarantee.
Use comparative benchmarking at the submarket level and monitor multi-year trajectories. Neighborhood-level figures reflect broad conditions, not property-specific performance; on-site measures and tenant screening practices remain important drivers of operating outcomes.
Proximity to major aerospace, logistics, and communications employers supports a stable renter base and commute convenience for residents, including Lockheed Martin, Waste Management, Boston Scientific, AmerisourceBergen, and Charter Communications.
- Lockheed Martin Aeronautics Co. — aerospace (6.1 miles)
- Waste Management - Palmdale — environmental services (8.2 miles)
- Boston Scientific Neuromodulation — medical devices (28.1 miles)
- AmerisourceBergen — pharmaceuticals distribution (28.2 miles)
- Charter Communications — telecommunications (34.8 miles)
This 24-unit 1986-vintage property aligns with Lancaster’s established renter base and strong neighborhood occupancy, providing a foundation for income stability. The asset’s vintage is newer than the surrounding area’s average, which can be a competitive edge versus older stock, while targeted updates can capture value-add upside. Within a 3-mile radius (demographic statistics aggregated at this radius), population and household growth indicate a larger tenant pool ahead, and rent levels compare reasonably to incomes, supporting retention and measured rent pushes.
Ownership costs in the area are elevated relative to incomes, reinforcing continued reliance on rentals. According to CRE market data from WDSuite, neighborhood occupancy performs above metro medians, and restaurant, grocery, and pharmacy access supports daily living — key for leasing velocity — even as schools rate weaker and park/cafe density is lighter, which should be reflected in amenity strategy and underwriting.
- High neighborhood occupancy supports steady collections and leasing stability.
- 1986 vintage newer than local average, with targeted modernization potential.
- Expanding 3-mile population and households point to a growing renter pool.
- Elevated ownership costs sustain renter reliance, aiding renewal and pricing power.
- Risks: below-average safety metrics and weaker school ratings; mitigate via operations and amenity positioning.