| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 71st | Poor |
| Demographics | 34th | Poor |
| Amenities | 61st | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 44221 Kingtree Ave, Lancaster, CA, 93534, US |
| Region / Metro | Lancaster |
| Year of Construction | 1972 |
| Units | 85 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
44221 Kingtree Ave, Lancaster Multifamily Opportunity
Neighborhood occupancy is strong and renter demand is deep, according to WDSuite s CRE market data, positioning this asset for stable leasing dynamics in Lancaster s inner-suburban setting.
Situated in an Inner Suburb of the Los Angeles-Long Beach-Glendale metro, the neighborhood carries a C+ rating and shows leasing resilience: neighborhood occupancy is high and competitive among Los Angeles-Long Beach-Glendale neighborhoods (430th of 1,441) and in the top quartile nationally. For investors, that points to steady absorption and fewer prolonged vacancies at the submarket level, though property performance will still depend on asset condition and management.
Renter concentration is notably high, with a large share of housing units renter-occupied (ranked 84th of 1,441 metro neighborhoods and in the top percentile nationally). This indicates a sizable tenant base supporting multifamily demand and ongoing leasing velocity. Median contract rents in the neighborhood sit mid-market, while the rent-to-income ratio trends around a level that suggests manageable affordability pressure, which can aid retention and controlled rent growth strategies.
Daily-needs access is a relative strength: restaurants, grocery stores, pharmacies, and childcare availability benchmark above national norms, while cafes and park access are limited. For family renters, average school ratings in the area track below national averages, which may require targeted positioning on value, unit finishes, or commute convenience to sustain family-oriented leasing.
The asset s 1972 construction precedes the neighborhood s average vintage (1976). Older construction often benefits from value-add upgrades and prudent capital planning to modernize systems and interiors, improving competitive positioning against newer stock. Home values in the area are elevated relative to incomes, which can reinforce reliance on rentals and support a stable renter pool.
Within a 3-mile radius, demographics show population and household growth over recent years, with projections indicating further increases and rising incomes. This points to a larger tenant base and potential support for occupancy stability and measured rent growth, based on CRE market data from WDSuite.
Safety indicators for the neighborhood track below national averages. Compared with other neighborhoods nationwide, safety percentiles are lower for both property and violent offenses, and the neighborhood s crime rank (1,289th out of 1,441 within the metro) indicates relatively higher incident rates versus many Los Angeles-Long Beach-Glendale subareas.
For underwriting and operations, investors often address this with visible upkeep, lighting, and access controls, and by emphasizing resident services and screening. Monitoring city and neighborhood trendlines remains important, as localized improvements can support leasing and retention even when broader metrics lag.
The employment base combines aerospace/defense, environmental services, medical devices, pharma distribution, and telecom. Proximity to these nodes supports commuter convenience and can help stabilize renter demand and renewal rates for workforce housing.
- Lockheed Martin Aeronautics Co. defense & aerospace (5.66 miles)
- Waste Management Palmdale environmental services (8.22 miles)
- Boston Scientific Neuromodulation medical devices (29.27 miles)
- Amerisourcebergen pharmaceutical distribution (29.33 miles)
- Charter Communications telecommunications (35.32 miles)
This 85-unit property offers exposure to a renter-heavy Lancaster submarket where neighborhood occupancy trends are competitive in the metro and top quartile nationally. The 1972 vintage suggests clear value-add pathways through interior refreshes and system upgrades to improve rent positioning versus older cohorts. Elevated ownership costs relative to incomes in the area tend to support ongoing reliance on rentals, while the rent-to-income profile indicates room for disciplined pricing without overextending affordability.
Within a 3-mile radius, recent population gains and projected increases in households and incomes expand the renter pool, which can support occupancy stability and measured rent growth over the hold period. Nearby employers in aerospace and services reinforce workforce housing demand, and, according to CRE market data from WDSuite, neighborhood-level fundamentals such as high renter concentration and resilient occupancy underpin the long-run thesis while still requiring prudent capital and operating execution.
- High neighborhood occupancy and deep renter base support leasing stability.
- 1972 vintage presents value-add potential via renovations and system updates.
- Workforce demand supported by nearby aerospace, services, and telecom employers.
- Rent-to-income dynamics suggest manageable affordability pressure for thoughtful pricing.
- Risks: below-average safety metrics and lower school ratings may require enhanced security, amenity focus, and targeted leasing.