| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 62nd | Best |
| Demographics | 20th | Fair |
| Amenities | 49th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1020 Kloke Ave, Calexico, CA, 92231, US |
| Region / Metro | Calexico |
| Year of Construction | 1990 |
| Units | 36 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1020 Kloke Ave, Calexico Multifamily Investment Opportunity
Neighborhood occupancy is strong and renter demand appears steady, according to WDSuite’s CRE market data, supporting a durable income profile for well-managed assets in Calexico.
This Inner Suburb neighborhood in Calexico ranks 11 out of 52 metro neighborhoods (A- rating), indicating competitive fundamentals within the El Centro metro. Neighborhood occupancy measures 96.7% (ranked 2 of 52), placing it above metro norms and in the 81st percentile nationally — a constructive signal for stability and lease retention, per WDSuite’s commercial real estate analysis.
The property’s 1990 vintage is modestly newer than the neighborhood’s average construction year of 1986. This generally enhances competitiveness versus older stock, while still warranting capital planning for aging systems and targeted modernization to support rent positioning over a hold period.
Renter-occupied share in the immediate neighborhood is lower than the broader area, suggesting limited multifamily stock locally. Within a 3-mile radius, demographic data indicates a larger renter pool and notable growth in households over the past five years, which can expand the tenant base and support occupancy. Forecasts within the same 3-mile radius point to further increases in household counts alongside smaller average household sizes, a pattern that typically sustains demand for rental housing.
Local amenity access is mixed: cafes and parks index well above national norms (both near the top quartile), grocery availability is solid, while pharmacies and childcare are thinner. Average school ratings sit below national averages, which investors should consider for family-oriented renter segments. Home values are relatively moderate for California, and paired with neighborhood-level rent-to-income levels around the low-20% range, the area presents manageable affordability pressure that can aid lease retention, while also implying some competition from entry-level ownership options.
Neighborhood crime metrics specific to this location are not available in WDSuite for the El Centro metro comparison set. Investors typically contextualize safety by reviewing multi-year trends at the neighborhood and city levels, speaking with local property managers, and comparing patterns to nearby submarkets to gauge resident retention and leasing risk.
Employer proximity details with reliable distance measures are not available from WDSuite for this address at this time. Investors often evaluate the Calexico–El Centro corridor’s mix of cross-border trade, logistics, healthcare, and public sector employment to understand renter demand and commute dynamics.
This 36-unit asset benefits from a high-occupancy neighborhood backdrop and a growing 3-mile renter pool, supporting income stability and lease-up resilience. According to CRE market data from WDSuite, the neighborhood ranks 2 of 52 in occupancy within the El Centro metro and sits above national norms, while household growth and a larger renter share in the broader 3-mile radius expand the tenant base. The 1990 vintage is slightly newer than local averages, creating a practical path for value-add through system updates and selective interior upgrades to defend and improve rent positioning.
Ownership costs in the area are comparatively moderate for California, which can temper pricing power at the margins, yet neighborhood rent-to-income levels point to manageable affordability pressure that supports retention. Amenity access is mixed — strong for parks and cafes, lighter for pharmacies and childcare — and school ratings trail national averages, factors to incorporate into underwriting and resident profile assumptions.
- High neighborhood occupancy and competitive metro rank support stable cash flow
- Expanding 3-mile renter pool and household growth bolster demand and lease retention
- 1990 vintage offers value-add potential via modernization and selective upgrades
- Risks: softer school ratings, thinner childcare/pharmacy coverage, and some competition from entry-level ownership