| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 62nd | Best |
| Demographics | 20th | Fair |
| Amenities | 49th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1051 Adler Ave, Calexico, CA, 92231, US |
| Region / Metro | Calexico |
| Year of Construction | 1983 |
| Units | 48 |
| Transaction Date | 2018-11-07 |
| Transaction Price | $3,076,500 |
| Buyer | CASA IMPERIAL HOUSING PARTNERS L P |
| Seller | CALEXICO INVESTORS I |
1051 Adler Ave, Calexico — 48-Unit Value‑Add Multifamily
Neighborhood-level data points to durable renter demand and high occupancy relative to the El Centro metro, according to WDSuite’s CRE market data. For investors, this suggests steadier leasing performance with potential to capture incremental NOI through targeted upgrades.
Located in Calexico’s inner-suburban fabric (neighborhood rating A-), the area ranks 11 out of 52 El Centro metro neighborhoods, indicating competitive fundamentals within the region. Neighborhood occupancy is among the strongest locally, supporting stable property-level leasing conditions even through cycles.
Daily conveniences are accessible: cafes score competitively within the metro (ranked 2 of 52 and high nationally), parks access is strong (ranked 4 of 52), and grocery options are solid for the submarket. School ratings trend weaker than national norms, which can temper family-driven demand but does not preclude workforce-oriented leasing strategies.
Renter concentration varies by lens. At the immediate neighborhood level, about a third of housing units are renter-occupied, implying some competition from ownership. Within a 3‑mile radius, renters represent a larger share of housing units, which broadens the tenant base and supports occupancy stability for a 48‑unit asset. Median contract rents in the neighborhood sit around the middle of the local distribution, and a rent‑to‑income ratio near the lower half nationally points to manageable affordability pressure and potentially steadier retention.
Over the last five years, 3‑mile‑radius demographics reflect population growth and a notable increase in households, with projections calling for continued household expansion and smaller average household sizes. For investors, this combination often supports demand for professionally managed apartments and sustained leasing velocity, based on multifamily property research from WDSuite.
WDSuite does not provide a verified, comparable neighborhood crime rank for this location in the El Centro metro dataset. Investors typically benchmark safety using multiple inputs — regional trend data, local law enforcement releases, and on‑the‑ground diligence — to contextualize conditions relative to nearby neighborhoods and to inform resident‑experience planning.
Built in 1983, the asset is slightly older than the neighborhood’s average vintage, creating plausible value‑add and selective capital planning opportunities (interiors, common areas, and aging systems) to enhance competitive positioning against newer stock. According to CRE market data from WDSuite, the surrounding neighborhood exhibits strong occupancy relative to the metro and mid‑market rents, a setup that can support consistent leasing with prudent rent management.
Within a 3‑mile radius, recent population growth, a larger household base, and a projected rise in households — alongside smaller household sizes — expand the renter pool and can support occupancy stability for a 48‑unit property. Home values in the area are lower than many California markets, which may introduce some competition from ownership; however, the neighborhood’s moderate rent‑to‑income positioning suggests balanced pricing power and potential for retention with disciplined renewals.
- High neighborhood occupancy versus metro peers supports leasing stability
- 1983 vintage offers clear value‑add pathways and CapEx-driven upside
- 3‑mile radius shows population and household growth, expanding the renter base
- Moderate rent‑to‑income dynamics point to balanced retention and pricing power
- Risk: Weaker school ratings and accessible ownership options may temper certain demand segments