| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 91st | Best |
| Demographics | 82nd | Best |
| Amenities | 74th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 26087 Bouquet Canyon Rd, Santa Clarita, CA, 91350, US |
| Region / Metro | Santa Clarita |
| Year of Construction | 1979 |
| Units | 28 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
26087 Bouquet Canyon Rd Santa Clarita Multifamily Investment
This 28-unit property built in 1979 sits in a top-performing neighborhood with 100% occupancy rates and above-median household incomes. According to WDSuite's CRE market data, the area ranks in the top quartile nationally for housing metrics.
The property is located in a suburban Santa Clarita neighborhood that ranks 67th among 1,441 metro neighborhoods, earning an A-grade overall rating. With 100% neighborhood-level occupancy and median contract rents of $2,135, the area demonstrates strong rental demand fundamentals. The neighborhood ranks in the 93rd national percentile for contract rents, indicating premium pricing power relative to comparable markets nationwide.
Demographics within a 3-mile radius show a stable renter base with median household income of $118,768, representing the 80th national percentile. The area maintains 40.9% of housing units as renter-occupied, providing a substantial tenant pool. Population projections indicate modest growth with household formation expected to increase 33.5% by 2028, expanding the potential renter base and supporting long-term occupancy stability.
Built in 1979, this property predates the neighborhood's average construction year of 1997, presenting potential value-add opportunities through targeted capital improvements and unit renovations. The area offers strong amenity access with 2.88 cafes per square mile (97th national percentile) and highly-rated schools averaging 4.5 out of 5 stars (94th national percentile), supporting tenant retention through lifestyle appeal.
Home values averaging $803,581 reinforce rental demand by maintaining elevated ownership costs that sustain renter reliance on multifamily housing. The rent-to-income ratio of 0.23 indicates manageable affordability for tenants while supporting lease renewal rates and pricing stability for investors.
The neighborhood shows mixed safety metrics with property offense rates of 739 per 100,000 residents, ranking 987th among 1,441 metro neighborhoods. However, property crime has declined 23.8% year-over-year, indicating improving trends. Violent crime rates remain relatively low at 69 incidents per 100,000 residents, with an 8.8% annual decrease.
While current crime statistics place the area below metro median for safety metrics, the consistent downward trend in both property and violent offenses suggests strengthening security conditions that could support tenant retention and property values over time.
The Santa Clarita area benefits from proximity to major corporate employers in healthcare, technology, and financial services, providing workforce housing demand from nearby professional employment centers.
- Amerisourcebergen — pharmaceutical distribution (2.1 miles)
- Boston Scientific Neuromodulation — medical technology (3.6 miles)
- Thermo Fisher Scientific — life sciences (14.4 miles)
- Farmers Insurance Exchange — insurance services (16.4 miles) — HQ
- Charter Communications — telecommunications (18.8 miles)
This 28-unit Santa Clarita property offers compelling fundamentals anchored by 100% neighborhood occupancy rates and premium rent positioning in the 93rd national percentile. The 1979 construction vintage provides value-add potential through strategic renovations while benefiting from a stable suburban location with A-grade neighborhood ratings. Demographic projections show 33.5% household growth by 2028, expanding the tenant base and supporting long-term demand.
According to multifamily property research from WDSuite, the area's high home values averaging $803,581 reinforce rental demand by maintaining elevated ownership barriers. Strong school ratings (94th national percentile) and amenity access support tenant retention, while declining crime trends indicate improving neighborhood conditions for sustained investment performance.
- 100% neighborhood occupancy with premium rent positioning (93rd national percentile)
- Value-add potential from 1979 vintage in neighborhood averaging 1997 construction
- 33.5% projected household growth by 2028 expanding tenant base
- High ownership costs ($803,581 median home value) sustaining rental demand
- Risk consideration: Below-median safety metrics require ongoing monitoring despite improving crime trends