| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 74th | Good |
| Demographics | 69th | Good |
| Amenities | 73rd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2731 La Crescenta Dr, Cameron Park, CA, 95682, US |
| Region / Metro | Cameron Park |
| Year of Construction | 1987 |
| Units | 36 |
| Transaction Date | 1997-11-26 |
| Transaction Price | $90,000 |
| Buyer | SIERRA OAKS APARTMENTS LLC |
| Seller | LA CRESCENTA ASSOCIATES LLC |
2731 La Crescenta Dr, Cameron Park Multifamily
Positioned in an inner-suburban pocket with steady renter demand and mid-90s neighborhood occupancy, this 36-unit asset offers durable cash flow potential, according to WDSuite’s CRE market data. Elevated ownership costs in the area tend to support leasing stability for well-managed communities.
Cameron Park sits within the Sacramento–Roseville–Folsom metro and rates competitively, with the neighborhood ranked 42 out of 561 metro neighborhoods (A rating). That places it well above the metro median and signals balanced fundamentals for workforce-oriented multifamily assets.
Local livability is a draw: neighborhood amenity access trends above national averages, with cafes, pharmacies, parks, and daily-needs retail represented at densities that support resident convenience. Dining and grocery options are present without urban congestion, aligning with renter preferences for inner-suburban settings.
Rents and occupancy in the neighborhood are supportive for investors. Neighborhood occupancy is around 95%, and median contract rents sit in the upper range for the metro while remaining manageable relative to incomes. Compared with national benchmarks, occupancy trends score in the upper tiers, suggesting pricing power is more a function of product quality and management than of soft demand.
Tenure patterns indicate a meaningful but not dominant renter base. Within a 3-mile radius, roughly one-quarter of housing units are renter-occupied, which points to a stable—if selective—tenant pool and underscores the importance of property condition and service to drive retention. Home values in the neighborhood test higher relative to incomes than many areas nationally, which tends to sustain reliance on multifamily housing and supports lease renewal rates when product fits household budgets.
Demographic indicators aggregated within a 3-mile radius show households have increased even as population has edged down, reflecting smaller household sizes and a shift toward higher-income segments. Forward-looking projections point to continued growth in household counts alongside further downsizing in average household size—dynamics that can enlarge the addressable renter pool and support occupancy stability for well-positioned multifamily communities.
Safety benchmarks compare favorably at the national level. Neighborhood-level indicators sit in the upper national percentiles for lower estimated violent and property offenses (top quartile nationally), which is generally supportive of tenant retention and leasing velocity.
Recent trends are mixed: estimated property offenses have declined materially over the latest year, while estimated violent offenses have increased over the same period. Investors should underwrite to current conditions, monitor trajectory, and account for standard security and lighting improvements as part of operating plans.
Nearby employers span technology, logistics, healthcare services, and manufacturing, supporting a diverse employment base and commute convenience that can reinforce apartment demand and retention. Notable concentrations include Intel, DISH Network distribution, Cardinal Health, International Paper, and Xerox State Healthcare.
- Intel Folsom FM5 — semiconductors (10.2 miles)
- DISH Network Distribution Center — logistics/distribution (24.3 miles)
- Cardinal Health — medical distribution (26.5 miles)
- International Paper — packaging & paper (31.1 miles)
- Xerox State Healthcare — healthcare IT/services (31.7 miles)
This 36-unit, garden-style asset in Cameron Park benefits from inner-suburban fundamentals that skew favorable for long-hold multifamily. Neighborhood occupancy is approximately mid-90s and renter demand is supported by higher local home values relative to incomes, which often sustains leasing for quality apartment product. According to CRE market data from WDSuite, the neighborhood ranks well within the metro, aligning with above-average national percentiles for livability and safety—conditions that tend to support retention and stable NOI when paired with disciplined operations.
Within a 3-mile radius, household counts have grown even as population edged lower, and projections point to further household growth with shrinking average household size. For investors, that pattern can translate into a broader tenant base in smaller households, supporting occupancy stability and steady absorption for well-maintained, appropriately sized units. Pricing power will reflect asset condition and management execution more than broad market slack.
- Competitive neighborhood rank (42 of 561) with above-median metro positioning supports durable renter demand
- Mid-90s neighborhood occupancy and strong national safety percentiles underpin retention potential
- Elevated ownership costs locally reinforce reliance on rentals, aiding lease stability and renewal rates
- 3-mile household growth with smaller household sizes broadens the tenant base for 1–2 bedroom product
- Risk: projected population contraction and a high owner share can increase competition from ownership; asset condition and management will be key to pricing