| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 70th | Fair |
| Demographics | 51st | Fair |
| Amenities | 52nd | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 3930 Hollister Ave, Carmichael, CA, 95608, US |
| Region / Metro | Carmichael |
| Year of Construction | 1990 |
| Units | 26 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
3930 Hollister Ave, Carmichael CA Multifamily Investment
Renter demand is supported by a high-cost ownership market and a sizable renter-occupied base in the neighborhood, according to WDSuite’s CRE market data. The inner-suburban location offers everyday amenities and income depth that can help sustain occupancy and pricing.
Located in an Inner Suburb of the Sacramento-Roseville-Folsom metro, the neighborhood carries a B rating and ranks 230 out of 561 neighborhoods — above the metro median. Dining and everyday convenience are strengths: restaurants and cafes score in the higher national percentiles, while grocery access is solid. Parks and pharmacies are thinner locally, which may modestly affect walk-to amenity appeal.
Home values sit in a high-cost ownership market (nationally high percentile), which typically reinforces reliance on multifamily housing and can support lease retention. Median contract rents in the neighborhood trend above national norms, yet rent-to-income remains manageable, framing a balanced affordability profile for renewal strategies.
Tenure patterns indicate a meaningful renter concentration: around two-fifths of housing units are renter-occupied. For investors, that supports a deeper tenant base and steady leasing activity for a 26-unit asset. Neighborhood occupancy has eased in recent years from prior highs, suggesting the need for attentive leasing and asset management to sustain performance through cycles.
Within a 3-mile radius, population and family counts have grown over the past five years and are projected to continue increasing, with households also expected to rise. Rising median incomes in the same radius expand the paying renter pool and can underpin rent growth over time. These dynamics, based on CRE market data from WDSuite, point to continued demand for quality rentals even as household sizes edge slightly lower, which can increase demand per unit.
The asset’s 1990 construction is newer than the neighborhood’s average vintage from the early 1970s. That relative age advantage can improve competitive positioning versus older product, though investors should still plan for system updates and targeted renovations to meet current renter expectations.
Safety indicators are mixed when compared across geographies. Within the metro, the neighborhood’s crime rank sits in the higher range (ranked 412 among 561), indicating comparatively better conditions than many Sacramento neighborhoods. Nationally, overall safety benchmarks are closer to the middle-to-lower tiers, so operators should calibrate marketing and on-site measures accordingly.
Recent trends show property offenses decreasing year over year, while violent offense rates have edged up modestly. For investors, this suggests monitoring near-term trends and maintaining standard security and lighting protocols to support resident retention and leasing.
Proximity to established employers supports a diverse renter base and commute convenience for workforce housing. Nearby anchors include technology, logistics, healthcare distribution, and paper products operations that can contribute to leasing stability.
- Intel Folsom FM5 — technology (7.3 miles)
- DISH Network Distribution Center — logistics and distribution (8.6 miles)
- Cardinal Health — healthcare distribution (9.3 miles)
- International Paper — paper & packaging (13.8 miles)
- Xerox State Healthcare — healthcare services (14.4 miles)
3930 Hollister Ave offers investors exposure to a neighborhood that ranks above the metro median with solid amenity access and a meaningful renter-occupied base, supporting depth of demand for a 26-unit asset. According to CRE market data from WDSuite, neighborhood NOI per unit metrics are strong relative to peers, and elevated ownership costs locally tend to sustain reliance on rental housing, which can aid pricing power and lease retention.
Built in 1990, the property is newer than much of the surrounding stock, offering competitive positioning versus older assets while still allowing for selective value-add through modernization of interiors and systems. Within a 3-mile radius, ongoing population growth, rising incomes, and projected household increases point to an expanding renter pool that can support occupancy stability over a longer hold period. Operators should remain attentive to neighborhood occupancy softness and modest school ratings when underwriting.
- High-cost ownership market reinforces multifamily demand and can support rent durability
- Above-median neighborhood standing in the metro with strong dining and daily-convenience access
- 1990 vintage offers relative competitiveness vs. older stock with targeted value-add potential
- 3-mile radius shows population and household growth with rising incomes, expanding the renter pool
- Risks: neighborhood occupancy has eased and school ratings are modest, requiring disciplined leasing and underwriting