| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 65th | Poor |
| Demographics | 33rd | Poor |
| Amenities | 95th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 44927 Date Ave, Lancaster, CA, 93534, US |
| Region / Metro | Lancaster |
| Year of Construction | 2010 |
| Units | 40 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
44927 Date Ave Lancaster Multifamily Investment Opportunity
Neighborhood occupancy trends are steady and renter demand is deep, according to WDSuite’s CRE market data, supporting durable leasing fundamentals for a 40-unit asset in Lancaster.
Lancaster’s inner-suburb location offers daily convenience that supports tenant retention. Amenity access ranks competitively within the Los Angeles metro (55th of 1,441 neighborhoods), and amenity density sits in the top national percentiles for restaurants, groceries, parks, pharmacies, and childcare, indicating walk-to and short-drive options that help stabilize leasing.
The property’s 2010 construction stands newer than the neighborhood’s older housing stock (average vintage 1953). Newer vintage can provide a competitive edge versus nearby legacy assets, while still allowing for targeted modernization (systems and common areas) to drive rent premiums and reduce near-term capital uncertainty relative to older comparables.
At the neighborhood level, an 84.7% share of housing units are renter-occupied, signaling a deep tenant base for multifamily operators and supporting occupancy stability across cycles. Home values are elevated relative to incomes (high value-to-income ratio at the neighborhood level), which—paired with rising rents—suggests that many households will continue to rely on multifamily housing, reinforcing demand depth rather than competing aggressively with ownership options.
Demographic statistics aggregated within a 3-mile radius show recent growth in population and households, with forecasts indicating further increases by 2028. A larger household count and rising incomes in the radius translate into a broader renter pool, supporting lease-up velocity and renewal potential for professionally managed properties. Median contract rents in the 3-mile radius have increased over the last five years, consistent with regional trends and supportive of disciplined revenue management for well-maintained assets.
Safety indicators for the neighborhood trail national medians, with violent and property offense rates ranking in lower national percentiles. Within the Los Angeles metro, the neighborhood’s crime position is below average (ranked 1,117 of 1,441 neighborhoods). That said, recent year-over-year data show double-digit declines in both violent and property offense estimates, indicating improving trends versus the prior year. Investors should underwrite with conservative assumptions and consider security, lighting, and access controls typical for comparable locations.
Proximity to aerospace, industrial services, and healthcare-related employers supports a diversified renter base and reasonable commute times. Key nearby employers include Lockheed Martin Aeronautics, Waste Management, Boston Scientific Neuromodulation, AmerisourceBergen, and Charter Communications.
- Lockheed Martin Aeronautics Co. — defense & aerospace (6.3 miles)
- Waste Management - Palmdale — environmental services (9.1 miles)
- Boston Scientific Neuromodulation — medical devices (30.2 miles)
- AmerisourceBergen — pharmaceutical distribution (30.3 miles)
- Charter Communications — telecommunications (36.3 miles)
44927 Date Ave is a 40-unit asset built in 2010, offering competitive positioning versus older neighborhood stock while leaving room for selective value-add. At the neighborhood level, occupancy is in the low-90% range and the renter-occupied share is high, supporting demand depth and renewal potential. According to CRE market data from WDSuite, local amenity access ranks well within the metro and in high national percentiles, which can bolster retention and sustained leasing performance.
Within a 3-mile radius, population and household counts have grown and are projected to expand further, implying a larger tenant base and steady absorption potential. Elevated ownership costs at the neighborhood level tend to reinforce reliance on rental housing, while rent-to-income readings suggest some affordability pressure—best addressed through thoughtful lease management, amenity positioning, and cost-effective upgrades.
- 2010 vintage offers competitive positioning vs. older local stock, with targeted modernization upside
- High renter-occupied share supports depth of tenant base and occupancy stability
- Strong amenity access and commute proximity to major employers underpin leasing
- 3-mile radius shows growing households and incomes, expanding the renter pool
- Risks: below-median safety metrics and affordability pressure warrant conservative underwriting