| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 77th | Good |
| Demographics | 54th | Fair |
| Amenities | 24th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 7870 Locher Way, Citrus Heights, CA, 95610, US |
| Region / Metro | Citrus Heights |
| Year of Construction | 1988 |
| Units | 62 |
| Transaction Date | 1999-11-02 |
| Transaction Price | $675,000 |
| Buyer | HCM INVESTMENTS LLC |
| Seller | MARTIN HELMUT H |
7870 Locher Way Citrus Heights Multifamily Investment
Neighborhood occupancy is high and has trended upward, supporting stable leasing conditions for investors, according to WDSuite’s CRE market data. Figures reflect the surrounding neighborhood, not the property, and point to durable renter demand in an inner-suburban location.
Citrus Heights sits within the Sacramento-Roseville-Folsom metro and this inner-suburban neighborhood rates C+, placing it above the metro median when compared with 561 metro neighborhoods. WDSuite indicates neighborhood occupancy in the top quintile nationally, a signal of steady tenant retention potential for multifamily assets nearby.
Daily needs access is adequate, with grocery availability competitive among metro neighborhoods while cafes, parks, and pharmacies are limited in the immediate area. For investors, this amenity mix suggests convenience for essentials but fewer lifestyle draws within close range, which may influence positioning and resident experience strategies.
Home values here are elevated versus many U.S. neighborhoods, and value-to-income levels are also high. In investment terms, a high-cost ownership market tends to reinforce reliance on rental housing, which can support occupancy stability and pricing power for well-managed properties.
Tenure patterns show a renter-occupied share that is below half of local housing units. For multifamily owners, this typically means a defined but steady tenant base, with demand supported by households that prefer or need rental options relative to ownership.
Within a 3-mile radius, WDSuite data shows recent population growth and forecasts additional expansion alongside rising incomes. This points to a larger tenant base over time and supports sustained leasing fundamentals for well-located assets.
Neighborhood-level crime metrics for this location are not available in WDSuite’s current release, so comparative safety insights cannot be benchmarked precisely against the 561 metro neighborhoods. Investors should rely on customary diligence—reviewing recent local reports, verified trend data, and property-level security measures—when underwriting.
The area draws from a broad employment base that supports commuter convenience and renter demand, including technology, healthcare distribution, telecom logistics, and manufacturing offices listed below.
- Intel Folsom FM5 — technology (6.7 miles)
- Cardinal Health — healthcare distribution (12.2 miles)
- DISH Network Distribution Center — telecom logistics (12.7 miles)
- International Paper — manufacturing offices (16.8 miles)
- Xerox State Healthcare — healthcare services (17.0 miles)
7870 Locher Way comprises 62 units with a 1988 vintage. The submarket’s neighborhood occupancy ranks in the top quintile nationally, pointing to resilient leasing performance relative to many U.S. areas. Elevated ownership costs in the area further support renter reliance on multifamily housing, while recent 3-mile population gains and projected growth suggest a gradually expanding renter pool. Based on CRE market data from WDSuite, the surrounding neighborhood’s rent and income trends indicate manageable affordability pressure, which can aid retention with disciplined lease management.
From an operations and capital planning perspective, the 1988 construction year typically benefits from targeted value-add and systems modernization. This positioning can help a property remain competitive against older stock while capturing demand from nearby employment centers.
- High neighborhood occupancy supports leasing stability
- Elevated ownership costs reinforce rental demand and pricing power
- 3-mile population and income growth expand the tenant base
- 1988 vintage offers value-add and modernization potential
- Risks: fewer lifestyle amenities nearby and an owner-leaning tenure mix may temper depth of immediate renter demand