| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 87th | Best |
| Demographics | 42nd | Poor |
| Amenities | 66th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 7164 Calvine Rd, Sacramento, CA, 95823, US |
| Region / Metro | Sacramento |
| Year of Construction | 1985 |
| Units | 115 |
| Transaction Date | 2003-04-29 |
| Transaction Price | $8,000,000 |
| Buyer | MASON ARNE K |
| Seller | THE E & H FIFTH FAMILY LP |
7164 Calvine Rd, Sacramento CA Multifamily Investment
Neighborhood occupancy is in the mid-to-high 90s, signaling steady renter demand and retention potential, according to WDSuite’s CRE market data. With an inner-suburban location and established unit count, the asset’s scale supports operational efficiencies.
Positioned in Sacramento’s inner suburbs, the neighborhood is competitive among the 561 metro neighborhoods (ranked 169), with a B+ rating and occupancy near 96% that supports stable cash flow, based on CRE market data from WDSuite. Restaurants are comparatively dense (top quartile nationally), while grocery access tracks above average; cafes and pharmacies are thinner, suggesting convenience is serviceable but not urban-grade.
Schools average roughly 3 out of 5 and sit modestly above national norms, which can aid family renter retention. The renter-occupied share is about half of housing units, indicating a sizable tenant base for multifamily absorption and renewals rather than a purely ownership-driven area.
Within a 3-mile radius, population and households have grown in recent years, with projections calling for further household expansion over the next five years. This points to a larger tenant base and sustained demand for rental units, even as average household size trends a bit lower—factors that typically support occupancy stability rather than rapid turnover.
Home values are elevated versus national benchmarks, and the value-to-income ratio sits in a higher national percentile, reflecting a high-cost ownership market that can reinforce reliance on rental housing. At the same time, neighborhood rent-to-income metrics indicate manageable affordability pressure relative to many peer areas, supporting lease retention and prudent pricing management.
The property’s 1985 vintage is older than the neighborhood’s newer average stock, creating potential value-add or modernization upside. Investors should plan for targeted capital improvements to maintain competitive positioning against 2000s-era comparables while leveraging the area’s occupancy resilience and renter demand depth.
Safety conditions are mixed relative to the Sacramento-Roseville-Folsom metro. The neighborhood ranks in the lower half for crime among 561 metro neighborhoods, indicating higher incident rates than the metro median. However, year-over-year trends show meaningful improvement, with notable declines in both violent and property offense rates compared with recent periods.
Nationally, the area sits below average on safety percentiles, so investors should underwrite appropriate security measures and operating protocols. The recent downward trend in estimated offenses provides a constructive signal, but monitoring trajectory and coordinating with professional management remains prudent.
Proximity to distribution, healthcare services, manufacturing, and technology employment supports a broad renter base and convenient commutes. Nearby anchors include DISH Network Distribution Center, Cardinal Health, International Paper, Xerox State Healthcare, and Intel Folsom FM5.
- DISH Network Distribution Center — logistics/distribution (5.9 miles)
- Cardinal Health — healthcare distribution (10.3 miles)
- International Paper — packaging and paper (10.4 miles)
- Xerox State Healthcare — healthcare IT/services (12.3 miles)
- Intel Folsom FM5 — semiconductors (19.2 miles)
This 115-unit asset offers scale in a neighborhood with high-90s occupancy and a renter-occupied share around half of housing units—signals of steady demand and renewal depth. Elevated ownership costs in the area tend to reinforce reliance on rental housing, while rent-to-income levels suggest manageable affordability pressure that can support retention and disciplined pricing. According to CRE market data from WDSuite, restaurant and park access trend above national norms, complementing day-to-day livability for residents.
Built in 1985, the property is older than much of the surrounding 2000s-era stock, creating clear value-add and capital planning angles to enhance competitiveness against newer comparables. Demographic trends within a 3-mile radius point to ongoing population and household growth, expanding the renter pool and supporting occupancy stability over the medium term.
- High neighborhood occupancy and sizable renter base support stable leasing
- Elevated ownership costs bolster sustained rental demand and retention
- 1985 vintage provides value-add and modernization pathways versus newer stock
- 3-mile demographic growth expands the tenant pool and underpins demand
- Risk: below-average safety and amenity gaps (limited cafes/pharmacies) warrant prudent underwriting and operations