| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 47th | Fair |
| Demographics | 35th | Good |
| Amenities | 73rd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1776 W Orange Ave, El Centro, CA, 92243, US |
| Region / Metro | El Centro |
| Year of Construction | 1978 |
| Units | 44 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1776 W Orange Ave El Centro Multifamily Investment
This 44-unit property built in 1978 operates in a neighborhood ranked 4th among 52 metro neighborhoods, with strong amenity access supporting tenant retention in El Centro's rental market.
The property sits in El Centro's top-rated neighborhood, ranking 4th among 52 metro neighborhoods with an A rating. Built in 1978, this vintage aligns with the neighborhood average construction year of 1964, suggesting established building stock that may present value-add renovation opportunities for investors seeking to modernize units and command higher rents.
Neighborhood-level occupancy stands at 84.9%, with rental units comprising 44.2% of housing stock - ranking in the 84th national percentile for rental share. According to CRE market data from WDSuite, median contract rents have grown 9.7% over five years to $895, while home values increased 78.9% to $300,822, reinforcing rental demand as elevated ownership costs limit accessibility to homeownership.
The area demonstrates strong amenity density with top-quartile national rankings for pharmacy access (99th percentile) and above-average restaurant and cafe concentrations. Demographics within a 3-mile radius show a stable population of approximately 50,200 residents, with forecasts projecting 10.8% population growth and 57% household formation through 2028, expanding the potential renter pool and supporting occupancy stability.
Crime data is not available for this specific neighborhood, limiting direct safety comparisons within the El Centro metro area. Investors should conduct independent due diligence on local safety conditions and consider engaging with local law enforcement or community organizations to assess security trends that may impact tenant retention and property management operations.
Employment data for major anchor employers near this El Centro location is currently unavailable. Investors should research the local employment base, including agricultural operations, retail centers, and government facilities that typically support workforce housing demand in Imperial County markets.
This 44-unit multifamily property offers exposure to El Centro's top-performing neighborhood, with strong fundamentals including high rental share (84th national percentile) and growing home values that sustain rental demand. The 1978 construction year presents potential value-add opportunities through unit renovations and common area improvements to capture rent premiums in a market where median rents have grown 9.7% over five years.
Demographic projections within a 3-mile radius indicate 10.8% population growth and significant household formation through 2028, expanding the tenant base while rental median forecasts suggest 89.7% rent growth potential. The neighborhood's A rating and top-quartile amenity access support tenant retention in a market where occupancy has remained stable at 84.9%.
- Top-rated neighborhood (4th of 52) with strong rental demand fundamentals
- Value-add potential through 1978 vintage property improvements
- Projected 10.8% population growth supporting tenant base expansion
- Risk: Limited employment data requires thorough local market research