| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 82nd | Best |
| Demographics | 78th | Best |
| Amenities | 46th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 20455 Sorrento Ln, Porter Ranch, CA, 91326, US |
| Region / Metro | Porter Ranch |
| Year of Construction | 2013 |
| Units | 88 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
20455 Sorrento Ln Porter Ranch Multifamily Investment
Positioned in a high-income, ownership-driven Los Angeles suburb, the asset benefits from steady neighborhood occupancy and strong school fundamentals that support resident retention, according to WDSuite’s CRE market data. Elevated area home values reinforce sustained renter demand, particularly for well-amenitized properties.
Porter Ranch is an inner-suburban location within the Los Angeles-Long Beach-Glendale metro that skews owner-occupied but still supports a durable renter base. Neighborhood renter-occupied share is measured at the neighborhood level and sits below many urban LA pockets, indicating demand is concentrated in quality multifamily offerings rather than broadly distributed. Median contract rents rank 186th out of 1,441 metro neighborhoods (top quartile locally) and are in the 98th percentile nationally, signaling pricing power for competitive assets, based on CRE market data from WDSuite.
School quality is a notable strength: the neighborhood’s average school rating ranks 1st among 1,441 metro neighborhoods and sits at the 100th percentile nationally. For investors, this tends to support family-oriented renter demand and lease stability. Amenity access is moderate by LA standards (overall amenity rank 834 of 1,441), with everyday needs like groceries and pharmacies present at levels that are competitive among many suburban submarkets but not a dense urban mix.
Ownership costs are elevated in this neighborhood (home values in the 99th percentile nationally and a value-to-income ratio in the 92nd percentile), which typically sustains reliance on rental housing and underpins occupancy for well-positioned properties. Rent-to-income appears manageable for local renters (neighborhood metric), which can aid retention and limit turnover risk from affordability pressure.
Within a 3-mile radius, demographics show a large, high-earning population with recent gains in households and a forecast for further population growth and a sizable increase in households over the next five years. This implies a larger tenant base even as household sizes trend smaller, which can support absorption and occupancy for professionally managed multifamily communities.
Safety indicators are comparatively favorable within the metro and strong on a national basis. The neighborhood’s overall crime rank sits near the top of the Los Angeles metro (112 out of 1,441 neighborhoods), placing it above the metro average, and national positioning is in the upper percentiles according to WDSuite. Recent year-over-year declines in both property and violent offense estimates further support a stable operating backdrop, though investors should evaluate property-level security and nearby corridors as part of due diligence.
Nearby corporate offices provide a diversified employment base that supports commuter convenience and multifamily demand, including life sciences, insurance, distribution, medical devices, and communications.
- Thermo Fisher Scientific — life sciences (4.8 miles)
- Farmers Insurance Exchange — insurance (6.6 miles) — HQ
- AmerisourceBergen — pharmaceutical distribution (11.0 miles)
- Boston Scientific Neuromodulation — medical devices (12.2 miles)
- Charter Communications — telecommunications (14.5 miles)
Completed in 2013, the 88-unit property is newer than the neighborhood’s average vintage (2009), positioning it competitively versus older stock while leaving room for targeted updates over time to sustain leasing momentum. The neighborhood shows top-tier school performance and high home values, which reinforce steady renter demand and support rent levels for well-managed assets. Neighborhood occupancy has been broadly stable for the area, according to CRE market data from WDSuite, and rent-to-income suggests manageable affordability pressure that can aid retention.
Within a 3-mile radius, population and households are projected to grow over the next five years, with smaller average household sizes indicating more households relative to residents. For investors, that points to renter pool expansion and support for occupancy stability, particularly for larger floor plans. Counterbalancing factors include a lower renter-occupied share at the neighborhood level and moderate amenity density, which place a premium on on-site features and professional operations to capture demand.
- Newer 2013 vintage versus local average supports competitive positioning and reduced near-term capital needs
- High-cost ownership market sustains reliance on rentals and underpins pricing for quality assets
- Top-rated schools and strong incomes align with family-oriented renter demand and lease stability
- 3-mile forecasts indicate population and household growth, supporting absorption and occupancy
- Risks: lower neighborhood renter share and moderate amenity density require strong on-site offerings and active leasing