| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 41st | Poor |
| Demographics | 18th | Fair |
| Amenities | 23rd | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 410 W Date St, Calipatria, CA, 92233, US |
| Region / Metro | Calipatria |
| Year of Construction | 1989 |
| Units | 32 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
410 W Date St Calipatria Multifamily Investment
This 32-unit property built in 1989 operates in a neighborhood with 81.4% occupancy and median contract rents of $740. Income growth forecasts show strong upward trajectory according to CRE market data from WDSuite.
The neighborhood ranks 39th among 52 metro neighborhoods with a C rating, positioning it competitively within the El Centro market. Built in 1989, this property aligns with the area's average construction year of 1966, indicating established housing stock that may present value-add opportunities for investors focused on renovation upside.
Neighborhood-level occupancy stands at 81.4% with renter-occupied units comprising 29.6% of the housing stock, reflecting a stable rental market foundation. Median contract rents of $740 have grown 26.9% over five years, while the rent-to-income ratio of 0.17 suggests manageable affordability for tenants within a 3-mile radius.
Demographics within a 3-mile radius show household income growth potential, with median income projected to increase 69% by 2028 to $73,742. Population forecasts indicate 30% growth to 4,777 residents by 2028, supporting expanded renter demand. The area maintains larger household sizes averaging 3.3 people, which can support family-oriented rental units and stable occupancy patterns.
Home values averaging $186,142 with 43.5% five-year appreciation create ownership cost dynamics that may sustain rental demand, as elevated ownership costs can keep households in the rental market longer. Essential amenities include grocery stores and childcare facilities, though restaurant and cafe density remains limited, which investors should consider for tenant retention strategies.
Crime data for this neighborhood is not currently available in the regional dataset, limiting comparative safety analysis against the 52 neighborhoods in the El Centro metro area. Investors should conduct independent due diligence on local safety conditions and consider this data gap when evaluating tenant appeal and retention factors.
The neighborhood's COVID resilience ranks 20th among metro neighborhoods, placing it in the 56th percentile nationally, suggesting moderate economic stability during disruption periods. This resilience metric may indicate underlying community stability that could support consistent rental demand during economic uncertainty.
Employment data for major anchor employers with specific distances is not available in the current dataset for this Calipatria location. The area shows 9.4% of jobs in COVID-resilient sectors, ranking 16th among 52 metro neighborhoods and placing it in the 72nd percentile nationally for employment stability.
- Regional agricultural operations — farming and food processing
- Imperial County government services — public administration
- Local retail and service providers — community commerce
This 32-unit property built in 1989 presents value-add potential through a combination of established neighborhood fundamentals and projected demographic growth. The 81.4% neighborhood occupancy rate provides a stable operating foundation, while median household income growth of 69% projected through 2028 creates upside potential for rent growth and tenant quality improvement.
Population growth forecasts of 30% within the 3-mile radius support expanding renter demand, particularly given the area's larger household sizes and rental market dynamics. According to multifamily property research from WDSuite, the neighborhood's rent-to-income ratio of 0.17 indicates manageable affordability levels that could support occupancy stability during income growth periods.
- Neighborhood occupancy at 81.4% provides stable rental demand foundation
- 30% population growth projected through 2028 supports tenant base expansion
- 69% household income growth forecast creates rent growth potential
- 1989 construction year aligns with renovation and value-add strategies
- Limited amenity density may require tenant retention focus and property differentiation