| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 76th | Good |
| Demographics | 43rd | Poor |
| Amenities | 42nd | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 7849 Sunrise Blvd, Citrus Heights, CA, 95610, US |
| Region / Metro | Citrus Heights |
| Year of Construction | 1988 |
| Units | 80 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
7849 Sunrise Blvd Citrus Heights Multifamily Investment
Neighborhood occupancy is strong and renter demand is supported by a high-cost ownership market, according to WDSuite's CRE market data. The area's stability points to durable leasing fundamentals rather than rapid volatility.
Located in Citrus Heights, an Inner Suburb within the Sacramento–Roseville–Folsom metro, the neighborhood carries a B- rating and ranks 307 out of 561 metro neighborhoods. That places it above the metro median overall, indicating balanced livability and investor fundamentals without stretching into premium pricing tiers.
Renter concentration is substantial, with roughly half of housing units renter-occupied (rank 131 of 561, above metro median), which signals a deep tenant base for multifamily. Neighborhood occupancy is high and in the top quartile nationally, supporting income stability and measured pricing power. Median rents sit above national norms yet remain manageable relative to incomes locally, keeping affordability pressure more contained than in many West Coast submarkets.
Amenities are mixed: café density is a local strength (top decile nationally), while grocery, park, and pharmacy options within the immediate neighborhood core are limited, suggesting some residents may rely on nearby corridors for daily needs. Average school ratings are below national norms, which can matter for certain renter cohorts and should be reflected in positioning and concessions strategy.
Within a 3-mile radius, WDSuite's commercial real estate analysis shows modest recent population growth with further expansion projected over the next five years, alongside rising household incomes. Elevated home values relative to incomes (high national percentile) characterize a high-cost ownership market, a dynamic that tends to reinforce reliance on rental housing and supports lease retention.
The property's 1988 vintage is newer than the neighborhood's average construction year (1971; rank 302 of 561), positioning it competitively versus older stock while still warranting capital planning for systems upgrades or value-add modernization to meet current renter expectations.
Relative to the Sacramento–Roseville–Folsom metro, the neighborhood, with a crime rank of 246 out of 561, trends above the metro median for safety. Nationally, estimated property crime levels compare favorably (upper-tier safety), and violent crime levels lean toward the safer side of the national distribution.
Recent data indicate a year-over-year uptick in estimated violent incidents, which merits monitoring. For investors, the read-through is to prioritize well-lit common areas, access control, and resident engagement, while recognizing that the broader safety profile still compares favorably at the national level based on WDSuite's CRE market data.
Nearby employers span technology, healthcare distribution, media logistics, and paper products, supporting a diverse workforce and commute convenience for renters in this submarket.
- Intel Folsom FM5 — technology & engineering offices (7.3 miles)
- Cardinal Health — healthcare distribution (13.0 miles)
- DISH Network Distribution Center — media logistics (13.8 miles)
- International Paper — paper & packaging (17.5 miles)
- Xerox State Healthcare — healthcare technology services (17.6 miles)
7849 Sunrise Blvd is an 80-unit, 1988-vintage asset positioned in an Inner Suburb with above-median metro fundamentals. The neighborhood shows high occupancy and a substantial share of renter-occupied housing, indicating depth of tenant demand and support for income durability. Elevated ownership costs relative to incomes sustain reliance on multifamily, while rent-to-income levels are more manageable than in many coastal peers, helping retention. According to CRE market data from WDSuite, local rents and occupancy compare well to national benchmarks, reinforcing a steady-state thesis over speculative growth.
The 1988 vintage is newer than much of the surrounding stock, providing competitive positioning with scope for value-add through interior refreshes and systems modernization. Proximity to diversified employment nodes supports lease-up and renewal velocity, though asset planning should acknowledge lower school ratings, limited immediate neighborhood retail/park access, and recent noise in violent-crime trends.
- High neighborhood occupancy and sizable renter base support consistent collections
- High-cost ownership market reinforces rental demand and lease retention
- 1988 vintage offers competitive positioning with value-add potential via modernization
- Access to diversified employment centers underpins lease-up and renewals
- Risks: limited immediate retail/parks, lower school ratings, and recent uptick in violent incidents