| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 70th | Fair |
| Demographics | 72nd | Best |
| Amenities | 54th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2651 Sunset Blvd, Rocklin, CA, 95677, US |
| Region / Metro | Rocklin |
| Year of Construction | 1990 |
| Units | 121 |
| Transaction Date | 2008-08-01 |
| Transaction Price | $13,620,000 |
| Buyer | Rocklin Gold 121 LLC |
| Seller | BRE Properties Inc. |
2651 Sunset Blvd Rocklin Multifamily Investment
Suburban Rocklin shows stable renter demand supported by high household incomes and a high-cost ownership market, according to WDSuite’s CRE market data. Neighborhood occupancy trends and steady rent growth point to resilient leasing potential with prudent asset management.
Rocklin sits within the Sacramento-Roseville-Folsom metro and this neighborhood is rated A- (ranked 121 among 561 metro neighborhoods), indicating competitive fundamentals for a suburban location. Cafes, parks, and childcare options score in the top quartile nationally, while grocery and pharmacy density is thinner locally, suggesting residents rely on nearby corridors for essentials rather than immediate walkability.
School quality is strong for family-oriented renters, with the neighborhood s average school rating in the top quartile nationally. This pairs with larger average unit sizes at the property to support retention among households seeking space. Neighborhood rents have risen over the last five years and sit in a higher national percentile, while rent-to-income remains balanced, reinforcing lease stability rather than stretching affordability.
Within a 3-mile radius, population and household counts have grown in recent years and are projected to continue expanding, pointing to a larger tenant base over the medium term. Median household incomes in the 3-mile area are high and rising, and elevated home values signal a high-cost ownership market that reinforces multifamily demand and pricing power for well-managed assets.
Renter-occupied housing units account for roughly two-fifths of stock within a 3-mile radius, indicating a meaningful renter concentration that supports demand depth across unit types. Compared with the metro, neighborhood-level occupancy sits around the middle of the national distribution, so disciplined leasing and amenity positioning remain important to sustain performance.
Safety indicators are mixed relative to regional peers. The neighborhood s crime rank sits below the metro median among 561 Sacramento-Roseville-Folsom neighborhoods, while violent-incident measures track around the middle of neighborhoods nationwide. Recent data shows a year-over-year uptick in property-related incidents; investors typically address this with lighting, access control, and community engagement to support resident experience and retention.
Overall, trends suggest monitoring property crime as part of ongoing risk management, while midpack violent-incident positioning nationally provides some balance. As always, evaluate submarket and asset-level safeguards alongside neighborhood trends.
Proximity to regional corporate offices supports a commuter tenant base and helps underpin leasing stability for workforce and professional households. Employers listed below reflect nearby technology, healthcare, and logistics nodes that contribute to daily demand.
- Intel Folsom FM5 semiconductor design & offices (11.3 miles)
- Cardinal Health healthcare distribution (17.5 miles)
- DISH Network Distribution Center logistics & distribution (19.3 miles)
- Xerox State Healthcare healthcare services (21.4 miles)
- International Paper packaging & paper products (21.7 miles)
This 121-unit asset benefits from suburban Rocklin fundamentals: high household incomes, elevated home values, and a renter base supported by expanding households within a 3-mile radius. Based on commercial real estate analysis from WDSuite, neighborhood rents have appreciated over the past five years while rent-to-income remains manageable, supporting tenant retention and steady collections. Amenity access skews toward parks, cafes, and childcare, appealing to family and professional renters, while limited immediate grocery/pharmacy options suggest the asset competes more on unit quality, parking, and management than on pure walkability.
Demand is reinforced by proximity to regional employers across technology, healthcare, and logistics. Neighborhood occupancy trends sit around the national midpoint, so focused leasing, targeted upgrades, and operational discipline should help sustain performance. Investors should also monitor property-crime trends and plan for routine security and lighting enhancements as part of ongoing asset management.
- Strong incomes and high-cost ownership landscape support sustained multifamily demand and pricing power
- Expanding 3-mile households indicate a growing tenant base and support for occupancy stability
- Rent growth with balanced rent-to-income improves retention and cash flow durability
- Employer proximity across tech, healthcare, and logistics underpins leasing velocity
- Risks: mid-pack neighborhood occupancy and recent property-crime uptick call for proactive leasing and security investments