| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 65th | Poor |
| Demographics | 33rd | Poor |
| Amenities | 95th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 530 W Jackman St, Lancaster, CA, 93534, US |
| Region / Metro | Lancaster |
| Year of Construction | 2008 |
| Units | 100 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
530 W Jackman St Lancaster Multifamily Investment
2008-vintage, 100-unit asset positioned near strong neighborhood amenities and a deep renter base, according to WDSuite’s CRE market data. Neighborhood occupancy is steady and amenity access is top-tier for the metro, supporting renter demand and leasing durability.
This Inner Suburb location of Lancaster benefits from concentrated daily-needs amenities—restaurants, cafes, groceries, parks, and pharmacies score competitively among Los Angeles-Long Beach-Glendale’s 1,441 neighborhoods. Dining and cafe density rank in the top quartile locally and sit in the mid-to-high 90s nationally for amenity percentile, reinforcing convenience that helps with leasing velocity and retention.
Neighborhood occupancy is 93.2% (neighborhood-level, not the property) with performance around the national middle but below the metro median; stability here is supported by proximity to services and employment. The share of housing units that are renter-occupied is elevated at 84.7% (top tier among 1,441 metro neighborhoods), indicating a deep tenant base for multifamily demand.
Within a 3-mile radius, population rose about 8.8% over five years and is projected to expand another ~13.7% by 2028, with households up ~7.1% historically and a larger increase expected ahead. These trends point to a growing tenant pool that can support occupancy stability and future leasing.
Home values in the neighborhood sit in a high national percentile and the value-to-income ratio is elevated, which in practice sustains renter reliance on multifamily housing. At the same time, a neighborhood-level rent-to-income ratio near the high end signals affordability pressure—an investor consideration for lease management and renewal strategies. The property’s 2008 construction stands newer than the neighborhood average vintage (1953), supporting competitive positioning versus older stock while still allowing targeted modernization for differentiation.
Relative to Los Angeles metro peers (1,441 neighborhoods), safety indicators place this neighborhood below the metro median and below national averages. National percentiles for crime are on the lower end (safer areas score higher), so investors should underwrite with prudent security and operational considerations.
Recent trends are directionally positive: both estimated violent and property offense rates improved year over year, suggesting conditions have been easing rather than worsening. Use this as context, not a guarantee, and assess property-level measures and insurance assumptions accordingly.
The employment base includes aerospace, utilities/services, medical devices, pharmaceutical distribution, and telecom offices within commuting range—supporting renter demand from a diverse workforce. Featured nearby employers include Lockheed Martin Aeronautics Co., Waste Management - Palmdale, Boston Scientific Neuromodulation, AmerisourceBergen, and Charter Communications.
- Lockheed Martin Aeronautics Co. — aerospace (6.4 miles)
- Waste Management - Palmdale — waste & environmental services (9.3 miles)
- Boston Scientific Neuromodulation — medical devices (30.5 miles)
- AmerisourceBergen — pharmaceutical distribution (30.6 miles)
- Charter Communications — telecom offices (36.5 miles)
530 W Jackman St offers a 2008-vintage, 100-unit footprint that competes favorably against the neighborhood’s older housing stock, helping the asset stand out while allowing selective value-add and systems modernization. Neighborhood occupancy is steady (neighborhood-level) and amenity access ranks among the metro’s strongest, which supports day-to-day convenience, leasing velocity, and renewal potential. Within a 3-mile radius, population and household growth—historical and forecast—point to renter pool expansion that can underpin long-term demand.
At the market context level, elevated ownership costs reinforce reliance on rentals, while a high rent-to-income ratio signals the need for careful affordability and renewal management. Safety metrics are weaker than metro and national norms but have improved year over year. According to commercial real estate analysis from WDSuite, these dynamics collectively suggest durable demand drivers with pragmatic operating considerations rather than outsized risk-taking.
- 2008 construction offers competitive positioning versus older neighborhood stock with targeted value-add upside
- Strong amenity access and commuter employment base support leasing and retention
- 3-mile population and household growth indicate a larger tenant base over time
- Elevated ownership costs in the area sustain multifamily demand
- Risks: below-median safety metrics and higher rent-to-income require active renewal and expense planning