| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 51st | Good |
| Demographics | 13th | Poor |
| Amenities | 25th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1703 El Centro St, Seeley, CA, 92273, US |
| Region / Metro | Seeley |
| Year of Construction | 1986 |
| Units | 40 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1703 El Centro St Seeley, CA Multifamily Investment
Positioned in a renter-leaning suburban pocket of Imperial County, the asset benefits from a stable tenant pool and improving neighborhood occupancy, according to WDSuite s CRE market data.
Livability is modest but improving in this Suburban neighborhood of the El Centro, CA metro (neighborhood rating: C+). Neighborhood occupancy has trended higher over the last five years and currently sits below the metro median (ranked 37 of 52 neighborhoods), suggesting room for operational upside through targeted leasing and retention.
Renter concentration is comparatively strong for the metro: 42.4% of housing units are renter-occupied (ranked 17 of 52), which is competitive among El Centro neighborhoods and sits in a high national percentile. For multifamily investors, that indicates a deeper tenant base supporting demand continuity even as leasing conditions fluctuate.
Daily amenities remain limited in close proximity, with very few cafes, groceries, or pharmacies (several categories rank near the bottom of 52 local neighborhoods). Park access is a relative bright spot (ranked 7 of 52; top-half nationally), offering recreational draw despite thin retail. Average school ratings are low versus national norms, which may affect family-oriented leasing strategies and should be factored into marketing and unit mix assumptions.
Home values are lower than many California markets, and the neighborhood 7s value-to-income ratio trends higher than the national median, which can sustain renter reliance on multifamily housing and support lease retention. Median contract rents are moderate for the area, and rent-to-income ratios indicate manageable affordability pressure, supporting collections with prudent rent management. Construction year matters here: the property 7s 1986 vintage is newer than the neighborhood 7s average 1973 stock, providing relative competitiveness while still warranting selective modernization of systems and finishes.
Within a 3-mile radius, recent population growth has been modest, and household counts have edged down, indicating larger household sizes locally. These dynamics imply demand concentrated in larger floor plans and value-oriented product. Forward-looking projections should be monitored closely; any softening in the local population would make tenant retention and renewal strategies more important to sustain occupancy.
Comparable crime benchmarks for this neighborhood are not available in the current WDSuite dataset. Investors typically contextualize safety by comparing neighborhood trends with county and metro patterns and by reviewing recent local reports. Given the data gap, prudent underwriting would incorporate on-the-ground observations and third-party sources to validate assumptions.
This 40-unit, 1986-vintage property offers relative age advantage versus the neighborhood 7s older housing stock, positioning it well for light value-add to enhance competitiveness. Based on commercial real estate analysis from WDSuite, the surrounding neighborhood shows improving occupancy alongside a renter-occupied share that is competitive among metro peers, supporting a durable tenant base.
Amenity density is thin and school ratings are low, which argues for a pragmatic focus on on-site features and service quality to drive retention. Demographic signals within a 3-mile radius point to modest recent population growth but soft household counts, so maintaining pricing power will hinge on asset positioning, unit mix, and execution of renewals.
- Newer 1986 vintage versus local average, with targeted upgrades offering practical value-add upside.
- Renter-occupied share competitive among El Centro neighborhoods, supporting depth of tenant demand.
- Neighborhood occupancy trending upward, creating potential to capture further stabilization.
- Lower home values relative to broader California reinforce multifamily reliance and lease retention.
- Risks: limited nearby amenities, low school ratings, and cautious outlook on household trends warrant conservative leasing assumptions.