| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 74th | Good |
| Demographics | 69th | Good |
| Amenities | 73rd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2675 La Crescenta Dr, Cameron Park, CA, 95682, US |
| Region / Metro | Cameron Park |
| Year of Construction | 1988 |
| Units | 46 |
| Transaction Date | 2011-10-01 |
| Transaction Price | $2,850,000 |
| Buyer | WMP-CA Properties LLC |
| Seller | Michael Boureston |
2675 La Crescenta Dr Cameron Park Multifamily Investment
This 46-unit property built in 1988 operates in an A-rated neighborhood ranking in the top 8% among 561 Sacramento metro neighborhoods. Occupancy rates remain above 95% according to CRE market data from WDSuite, reflecting strong rental demand in this inner suburb location.
Cameron Park demonstrates strong fundamentals as an inner suburb within the Sacramento-Roseville-Folsom metro. The neighborhood ranks 42nd out of 561 metro neighborhoods, earning an A rating with particular strength in housing metrics (74th national percentile) and amenities (73rd national percentile). Renter-occupied units represent 43.6% of housing stock, ranking in the 83rd national percentile, indicating robust rental demand depth.
The property's 1988 construction year aligns with the neighborhood average, suggesting consistent building stock without immediate capital expenditure pressures. Median contract rent of $1,565 has grown 48% over five years, while neighborhood occupancy maintains 95% levels. This rental growth trajectory, combined with stable occupancy, signals balanced supply-demand dynamics favorable for multifamily operators.
Demographics within a 3-mile radius support rental fundamentals, with 23,543 residents and projected household growth through 2028. The area shows income stability with median household income of $112,886, though rent-to-income ratios at 0.23 suggest affordability pressures that merit attention in lease management. Home values averaging $574,919 with 44% growth over five years reinforce rental demand as elevated ownership costs keep households in the multifamily market.
Amenity density provides tenant appeal with grocery stores, cafes, and childcare facilities ranking above metro medians. The neighborhood's amenity accessibility, combined with its inner suburb character and proximity to employment centers, supports tenant retention and lease-up velocity for multifamily properties.
Crime metrics position the neighborhood favorably within the Sacramento metro, ranking 103rd out of 561 neighborhoods and placing in the 67th national percentile for safety. Property crime rates at 33.5 per 100,000 residents have declined 60.8% year-over-year, indicating improving security conditions that support tenant retention and property values.
Violent crime rates remain low at 6.76 per 100,000 residents, though they increased 69% year-over-year from very low baseline levels. The neighborhood maintains above-average safety conditions compared to metro peers, with crime trends that generally support multifamily investment fundamentals and tenant appeal in this suburban location.
Major corporate employers within commuting distance support workforce housing demand, with technology and distribution centers anchoring the regional employment base.
- Intel Folsom FM5 — semiconductor manufacturing (10.2 miles)
- DISH Network Distribution Center — logistics and distribution (24.4 miles)
- Cardinal Health — healthcare services (26.6 miles)
- International Paper — manufacturing (31.1 miles)
This 46-unit property benefits from Cameron Park's A-rated neighborhood fundamentals and top-quartile metro ranking among 561 Sacramento neighborhoods. The 1988 construction vintage aligns with area norms while offering potential value-add opportunities through strategic improvements. Occupancy rates above 95% and 48% rent growth over five years demonstrate strong rental demand supported by elevated home values that reinforce multifamily reliance in this inner suburb market.
Demographic projections within the 3-mile radius indicate household growth and income stability, with proximity to major employers like Intel Folsom providing workforce housing appeal. According to multifamily property research from WDSuite, the neighborhood's amenity density and safety profile rank above metro medians, supporting tenant retention and lease-up velocity for well-positioned assets.
- A-rated neighborhood ranking in top 8% of Sacramento metro locations
- Occupancy rates above 95% with 48% rent growth over five years
- Proximity to Intel and other major employers supporting workforce demand
- 1988 vintage offers value-add potential through strategic improvements
- Risk: Rent-to-income ratios suggest affordability pressures requiring careful lease management