| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 21st | Poor |
| Demographics | 79th | Best |
| Amenities | 28th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 34 Longman Ln, Arnold, CA, 95223, US |
| Region / Metro | Arnold |
| Year of Construction | 1988 |
| Units | 36 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
34 Longman Ln Arnold Multifamily Investment
1988 vintage and a small local renter base suggest careful lease-up strategy, with competitive positioning versus older neighborhood stock, according to WDSuite’s CRE market data.
The property sits in a Suburban pocket of Arnold within Calaveras County where neighborhood ratings trend A- and local housing skews ownership-heavy. Amenities are sparse (few cafes, groceries, and pharmacies nearby), while park access is comparatively better, and schools track near the metro middle. For investors, this points to a quieter, amenity-light setting that may appeal to residents prioritizing space and access to outdoor recreation over walkable retail.
Compared with much older neighborhood stock (average construction early 1900s), a 1988 build offers relative competitiveness on systems and finishes, though capital planning should still account for modernization to current renter preferences. Average unit sizes near 800 square feet support livability for small households.
Neighborhood data indicates a very small share of renter-occupied housing units and low reported occupancy levels at the neighborhood scale. Investors should underwrite to a smaller, more selective tenant base and emphasize marketing to workforce renters who value proximity and value, while recognizing that ownership alternatives are prevalent and may compete with leasing.
Home values trend elevated for the area alongside high household incomes, which can sustain ability to pay market rents. At the same time, a more accessible ownership landscape can compete with rentals, so pricing power will depend on product quality, convenience, and lease management rather than walkability or retail density. This commercial real estate analysis suggests focusing on durable demand drivers like parking, in-unit amenities, and property upkeep to support retention.
Comparable neighborhood-level safety data for this area is limited in WDSuite. Without consistent metro rank or national percentile references, investors should rely on municipal reports and recent trend reviews to contextualize conditions relative to Calaveras County and similar mountain communities, avoiding block-level assumptions.
Nearby employment is distributed across small local services and regional providers; WDSuite does not surface verified anchor employers with distance measurements for this address. Leasing strategy should emphasize convenience for local workforce and remote/hybrid professionals rather than dependence on a single corporate node.
This 36-unit, 1988-vintage asset is newer than much of the surrounding housing, providing a competitive starting point versus older neighborhood stock while leaving room for targeted upgrades that can enhance leasing velocity and retention. Based on CRE market data from WDSuite, the neighborhood exhibits a small renter-occupied share and low reported occupancy at the neighborhood level, pointing to a niche tenant base that rewards well-managed operations, right-sized amenities, and disciplined underwriting.
Elevated home values and high household incomes suggest capacity to support market rents, but an ownership-friendly context can limit pricing power without clear product differentiation. The long-term thesis centers on operational execution—modernization, maintenance, and resident experience—to capture stable tenancy in an amenity-light setting.
- Newer 1988 vintage versus older neighborhood stock supports competitive positioning with targeted value-add.
- Larger average floor plans (~800 sf) align with small-household livability and retention.
- High local incomes and elevated home values can sustain rent levels for quality product.
- Amenity-light, park-oriented setting fits residents prioritizing space and outdoor access.
- Risk: small renter-occupied share and low neighborhood occupancy require conservative lease-up and active management.