1031 Exchange Calabasas, California

 

Rent, population, and median household income are important factors to consider for a 1031 exchange in Calabasas due to their correlations with market demand, and conversely, vacancy rate.

Surrounding submarket Area

Calabasas, California is a part of the Woodland Hills/Tarzana/101 West Submarket submarket area, and contains zip codes 91302 and 91372.

Calabasas Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Calabasas, CA submarket area was $2,057, which is 20.01% higher than 2014 average rent. This represents a compounded annual growth rate of 3.72%. 2019 vacancy in Calabasas, CA was 3.30%.

The total population of the city of Calabasas, CA has grown 3.89% since 2010. As of 2018, the population was 23,954. The median household income of the Calabasas was $119,926, which is 98.91% higher than the national average.

  • submarket area Woodland Hills / Tarzana / 101 West Submarket
  • avg rent $2,057
  • rent growth 20.01%
  • vacancy 3.30%
  • median income $119,926
  • population (2018) 23,954
  • population growth 3.89%
  • vs. nat'l avg 98.91%
  • zip codes 91302 91372

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