| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 80th | Good |
| Demographics | 32nd | Poor |
| Amenities | 76th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 4227 52nd St, San Diego, CA, 92115, US |
| Region / Metro | San Diego |
| Year of Construction | 1999 |
| Units | 70 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
4227 52nd St San Diego Multifamily Investment
Positioned in a renter-heavy San Diego neighborhood with stable occupancy, this 1999 asset offers relative competitiveness versus older stock, according to WDSuite’s CRE market data.
The immediate area scores competitively on daily conveniences, with grocery and restaurant density in the top quartile nationally, supporting resident retention and leasing velocity. The neighborhood’s amenity rank is 81 among 621 San Diego metro neighborhoods, placing it above the metro median, and café density sits around the 95th percentile nationwide — useful for urban renters prioritizing walkable services.
Multifamily fundamentals are supportive: neighborhood occupancy hovers near the mid–90s and has been relatively steady, and renter-occupied housing accounts for a notably high share of units (among the highest in the metro, ranked 34 of 621). For investors, this indicates a deep tenant base and consistent demand across lease cycles, though active lease management remains important where rent-to-income ratios are elevated.
Within a 3-mile radius, households have grown even as average household size has edged down, and forecasts show further increases in households alongside income gains by 2028. This combination typically expands the renter pool and underpins occupancy stability for well-positioned assets. Elevated neighborhood home values relative to income (top decile nationally) signal a high-cost ownership market that can sustain reliance on multifamily rentals, a dynamic that can support pricing power when operations are well executed.
Vintage also matters: with construction in 1999 versus a neighborhood average near the early 1980s, the property is newer than much of the local stock, which can enhance competitive positioning. Investors should still plan for modernization of aging systems over the hold to maintain curb appeal and operational efficiency.
Safety metrics for the neighborhood trail both metro and national benchmarks. The area ranks 610 out of 621 San Diego metro neighborhoods on crime, placing it in the lower tier locally, and around the 14th percentile nationwide for safety. Recent estimates point to elevated property and violent offense rates with year-over-year increases, so underwriting should incorporate security measures, lighting, and proactive management. Comparative framing is essential: conditions vary block-to-block, but at the neighborhood level the trend suggests investors should budget for risk mitigation.
Nearby employers provide a diversified white-collar employment base that supports renter demand and commute convenience, notably in utilities, defense/aerospace, life sciences, semiconductors, and food distribution.
- Sempra Energy — utilities (5.2 miles) — HQ
- L-3 Telemetry & RF Products — defense & aerospace (5.6 miles)
- Celgene Corporation — biotech/pharma (11.8 miles)
- Qualcomm — semiconductors (11.9 miles) — HQ
- Sysco — food distribution (12.8 miles)
This 70-unit, 1999 vintage property sits in a renter-centric San Diego neighborhood with occupancy levels that have remained above national medians; the local renter-occupied share is among the highest in the metro, indicating depth of tenant demand. Elevated neighborhood home values relative to incomes reinforce reliance on rental housing, while strong amenity access supports leasing and day-to-day livability. Based on commercial real estate analysis using WDSuite’s CRE market data, the asset’s newer-than-average vintage offers competitive positioning against older stock, though investors should plan for system updates typical of a late-1990s build.
Forward-looking neighborhood context within a 3-mile radius points to increases in households and incomes by 2028, which can expand the renter pool and support occupancy stability. Key considerations include safety metrics that lag metro averages and rent-to-income levels that warrant attentive lease management to sustain retention and collections.
- Renter-heavy neighborhood and steady occupancy support demand depth and leasing stability.
- 1999 construction provides a competitive edge versus older local stock with targeted modernization upside.
- High-cost ownership market bolsters reliance on multifamily rentals, aiding pricing power when operations are disciplined.
- Diverse nearby employers across utilities, defense, life sciences, and semiconductors support a steady commuter renter base.
- Risks: neighborhood safety metrics below metro norms and affordability pressure requiring proactive lease management and security planning.