| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 91st | Best |
| Demographics | 82nd | Best |
| Amenities | 74th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 26123 Bouquet Canyon Rd, Santa Clarita, CA, 91350, US |
| Region / Metro | Santa Clarita |
| Year of Construction | 1987 |
| Units | 76 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
26123 Bouquet Canyon Rd Santa Clarita Multifamily Investment
This 76-unit property built in 1987 sits in a top-quartile neighborhood with 100% occupancy and strong household income growth, according to CRE market data from WDSuite.
This Santa Clarita neighborhood ranks in the top quartile nationally for overall investment fundamentals, placing 67th among 1,441 Los Angeles metro neighborhoods with an A rating. The area demonstrates exceptional occupancy stability at 100%, ranking first metro-wide, while maintaining a balanced housing mix with 40.9% renter-occupied units supporting sustained rental demand.
Demographics within a 3-mile radius show a mature, affluent tenant base with median household income of $119,430 that has grown 22.9% over five years. The population of 88,588 residents maintains stability with minimal turnover, while forecasted household growth of 34% through 2028 suggests expanding renter pools. Higher home values averaging $803,581 reinforce rental demand by sustaining elevated ownership costs that keep households in the multifamily market.
Built in 1987, this property predates the neighborhood's 1997 average construction year, indicating potential value-add opportunities through targeted capital improvements and unit renovations. The area benefits from strong school ratings averaging 4.5 out of 5 and ranks in the 90th percentile nationally for amenity access, including substantial restaurant and cafe density that supports tenant retention and lease-up velocity.
Safety metrics show mixed performance relative to metro comparisons. Property crime rates rank 987th among 1,441 Los Angeles metro neighborhoods, placing in the bottom third locally, though recent trends show improvement with a 23.8% year-over-year decline in property offenses. Violent crime rates remain more competitive at 68.8 incidents per 100,000 residents, with an 8.8% annual decrease indicating improving conditions.
While current crime statistics suggest monitoring requirements for property management, the downward trajectory in both violent and property offenses provides a foundation for stability. Investors should factor security considerations into operating budgets while recognizing that the neighborhood's strong demographics and amenity base help offset safety concerns through active community engagement.
The Santa Clarita area benefits from proximity to established corporate offices and healthcare facilities that provide stable employment for multifamily tenants seeking workforce housing options.
- Amerisourcebergen — pharmaceutical distribution (2.1 miles)
- Boston Scientific Neuromodulation — medical device manufacturing (3.5 miles)
- Thermo Fisher Scientific — life sciences equipment (14.4 miles)
- Farmers Insurance Exchange — insurance services (16.4 miles) — HQ
- Charter Communications — telecommunications (18.9 miles)
This 76-unit Santa Clarita property offers compelling fundamentals anchored by 100% neighborhood occupancy and a top-quartile metro ranking. The 1987 construction year presents value-add potential through strategic renovations while benefiting from a stable, high-income tenant base with median household earnings of $119,430. Projected household growth of 34% through 2028 within the 3-mile radius supports sustained rental demand, while elevated home values reinforce multifamily reliance among area residents.
The neighborhood's A rating reflects strong school performance, substantial amenity density, and demographic stability that supports tenant retention and pricing power. According to multifamily property research from WDSuite, the combination of occupancy leadership and income growth positions this asset for stable cash flows with renovation upside potential.
- 100% neighborhood occupancy ranking first among 1,441 metro neighborhoods
- Top-quartile fundamentals with A-rated neighborhood performance
- Value-add potential from 1987 vintage in newer-average neighborhood
- 34% forecasted household growth supporting rental demand expansion
- Risk consideration: Property crime rates rank in bottom third metro-wide requiring security planning