| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 78th | Good |
| Demographics | 64th | Good |
| Amenities | 35th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 5125 Cedarwood Rd, Bonita, CA, 91902, US |
| Region / Metro | Bonita |
| Year of Construction | 1984 |
| Units | 48 |
| Transaction Date | --- |
| Transaction Price | $7,775,000 |
| Buyer | OWNERSHIP NAME INFORMATION |
| Seller | --- |
5125 Cedarwood Rd Bonita Multifamily Investment
In a high-cost ownership pocket of Bonita, neighborhood occupancy is 95.5%, signaling steady renter demand according to WDSuite’s CRE market data. Owner-leaning tenure supports stability while pricing power is reinforced by elevated home values across the area.
Neighborhood dynamics and renter demand
Bonita’s suburban neighborhood carries a B rating and ranks 289 out of 621 within the San Diego–Chula Vista–Carlsbad metro, placing it above the metro median. Neighborhood occupancy is 95.5% (ranked 291 of 621), indicating resilient leasing conditions that have trended upward in recent years.
Tenure skews owner-heavy with a renter-occupied share of 28.2%, which typically supports stability while moderating the depth of the multifamily tenant base. Median contract rent in the neighborhood is $2,094 (93rd percentile nationally), and the rent-to-income ratio is 0.20, suggesting manageable affordability pressure that can aid retention and lease management.
Local amenity density is mixed: parks score strongly (81st percentile nationally), while everyday retail like cafes, groceries, and pharmacies is limited within the immediate neighborhood. For investors, this combination points to car-oriented living with recreational access rather than a dense, walkable retail core.
Within a 3-mile radius, the population declined modestly over the last five years while household counts edged higher and are projected to grow further by 2028, consistent with smaller household sizes and potential renter pool expansion. Elevated home values (97th percentile nationally) and above-average household incomes reinforce the case that higher ownership costs can sustain multifamily demand. These patterns align with commercial real estate analysis from WDSuite as a contextual backdrop, not a guarantee of performance.
Contextualizing public safety
Neighborhood crime ranks 349 out of 621 metro neighborhoods, placing the area near the metro middle rather than the top tier. Compared with neighborhoods nationwide, overall safety outcomes align with lower national percentiles, so investors should underwrite with conservative assumptions and emphasize property-level measures and tenant communication.
Violent offenses benchmark in the lower national percentiles as well, but recent trends show improvement, with a year-over-year decrease of 6.8% (ranked 170 of 621 for change). Property offenses also track in lower national percentiles, underscoring the importance of security planning, lighting, and partnership with local resources to support resident retention.
The employment base within a commutable radius mixes energy, telecom, life sciences, and food distribution—drivers that can support renter demand and retention through diverse, white-collar and logistics roles. Notable nearby employers include Sempra Energy, L-3 Telemetry & RF Products, Celgene, Sysco, and Qualcomm.
- Sempra Energy — energy infrastructure (8.3 miles) — HQ
- L-3 Telemetry & RF Products — defense & aerospace offices (11.6 miles)
- Celgene Corporation — life sciences (17.7 miles)
- Sysco — food distribution (17.7 miles)
- Qualcomm — telecommunications & semiconductors (17.9 miles) — HQ
Constructed in 1984, the property is newer than the neighborhood’s average vintage, offering relative competitiveness versus older stock while still warranting modernization planning for aging systems. The surrounding neighborhood shows strong occupancy, owner-leaning tenure, and elevated home values—factors that can sustain rental demand and support pricing discipline over time.
Household growth within a 3-mile radius is projected to increase even as household sizes trend smaller, which can expand the local renter pool and help stabilize lease-up and renewals. According to CRE market data from WDSuite, neighborhood occupancy and income levels outperform many peers in the metro, reinforcing an investment case centered on durable demand with measured operational risk.
- 1984 vintage offers competitive positioning with potential value-add via system upgrades and interior renovations
- High-cost ownership market and above-median neighborhood occupancy support renter demand and pricing power
- Projected household growth within 3 miles suggests a larger tenant base and supports leasing stability
- Diversified nearby employers across energy, telecom, life sciences, and distribution underpin commutable jobs
- Risks: owner-leaning tenure limits renter depth, amenity density is modest, and safety metrics trail national top quartiles