| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 74th | Good |
| Demographics | 69th | Good |
| Amenities | 73rd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2701 La Crescenta Dr, Cameron Park, CA, 95682, US |
| Region / Metro | Cameron Park |
| Year of Construction | 1989 |
| Units | 118 |
| Transaction Date | 2015-02-25 |
| Transaction Price | $11,900,000 |
| Buyer | Quail Ridge Woodlands LLC |
| Seller | WMP-CA Properties LLC |
2701 La Crescenta Dr Cameron Park Multifamily
Neighborhood occupancy is solid with renter demand supported by a high-cost ownership market, according to WDSuite’s CRE market data. For investors, this points to stable leasing dynamics with room for selective value-add to enhance retention.
Cameron Park s neighborhood profile is competitive among Sacramento-Roseville-Folsom submarkets, ranking in the top quartile among 561 metro neighborhoods. Amenity access sits above national averages across everyday needs such as groceries, pharmacies, parks, and cafes, supporting renter convenience without relying on a dense urban core.
Neighborhood multifamily occupancy is around 95.0% (71st percentile nationally), indicating durable demand and limited frictional vacancy at the submarket level. The share of housing units that are renter-occupied is 43.6% (83rd percentile nationally), signaling a sizable tenant base that can sustain leasing velocity and provide depth for renewals. Median contract rents in the area benchmark toward the higher end nationally while the neighborhood rent-to-income ratio of 0.23 sits on the lower side, a combination that supports retention and reduces affordability pressure for many renters.
Within a 3-mile radius, household counts have grown even as population slipped modestly, pointing to smaller household sizes and a larger number of households entering the market — both supportive of multifamily demand and occupancy stability. Forward-looking data indicates continued increases in households and higher incomes alongside smaller average household sizes, which generally expands the renter pool and supports steady absorption.
Elevated home values and a high value-to-income ratio relative to national norms characterize this as a high-cost ownership market. For multifamily owners, that dynamic tends to reinforce renter reliance on apartments, bolstering lease retention and pricing power through cycles, based on WDSuite s commercial real estate analysis.
Safety indicators for the neighborhood trend better than national averages, with overall crime and both violent and property offense rates positioning above the U.S. median (higher percentiles indicate safer conditions). Recent trends are mixed: property crime shows a notable year-over-year improvement, while violent offense rates ticked up. Investors should interpret this as generally favorable comparative safety with attention to recent fluctuations rather than block-level conclusions.
Within the Sacramento-Roseville-Folsom metro context, the area compares well to many peer neighborhoods; however, risk management plans should incorporate monitoring of trend shifts and standard property-level measures such as lighting, access control, and coordination with local resources.
Proximity to regional employers supports renter demand, with commute access to technology, logistics, and healthcare operations that can anchor leasing and retention. Notable nearby employers include Intel, DISH Network, Cardinal Health, International Paper, and Xerox State Healthcare.
- Intel Folsom FM5 technology & semiconductors (10.2 miles)
- DISH Network Distribution Center logistics & distribution (24.3 miles)
- Cardinal Health healthcare distribution (26.5 miles)
- International Paper packaging & paper (31.1 miles)
- Xerox State Healthcare healthcare IT & services (31.7 miles)
Built in 1989, the 118-unit property offers scale for operational efficiency and potential to capture value through targeted renovations and system upgrades common for late-1980s assets. Neighborhood fundamentals — including ~95% occupancy, a sizable renter-occupied housing share, and elevated ownership costs — point to steady demand and favorable retention dynamics. According to CRE market data from WDSuite, household growth within a 3-mile radius and smaller household sizes should expand the tenant base, supporting occupancy stability and measured rent growth over time.
Risks to underwrite include a recent uptick in violent offense rates despite improvements in property crime, plus modest population contraction locally even as household counts rise. Balanced against strong incomes and a high-cost ownership landscape, the asset s competitive positioning in an inner-suburban location remains a defensible long-term hold with clear value-add pathways.
- Late-1980s vintage with value-add and modernization potential at institutional scale (118 units).
- Neighborhood occupancy near 95% and strong renter-occupied housing share support leasing stability.
- High-cost ownership market reinforces renter reliance, aiding retention and pricing power.
- Within 3 miles, rising household counts and smaller household sizes expand the tenant base.
- Risks: recent violent offense uptick and modest population decline warrant ongoing monitoring.