| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 81st | Good |
| Demographics | 48th | Fair |
| Amenities | 28th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 310 Telegraph Canyon Rd, Chula Vista, CA, 91910, US |
| Region / Metro | Chula Vista |
| Year of Construction | 2000 |
| Units | 94 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
310 Telegraph Canyon Rd Chula Vista Multifamily Investment
Neighborhood occupancy is competitive among San Diego–Chula Vista–Carlsbad submarkets, supporting stable renter demand, according to WDSuite’s CRE market data. With a 2000 vintage and 94 units, this asset positions for durable operations in an inner-suburban location.
Located in an inner-suburban pocket of Chula Vista, the neighborhood posts competitive occupancy among 621 San Diego–Chula Vista–Carlsbad neighborhoods, which supports leasing stability and reduces downtime risk for multifamily operators (metric reflects the neighborhood, not this property). Average school ratings trend slightly above the national median, a positive for family-oriented renter demand.
Amenity access is balanced rather than destination-driven. Childcare and grocery options are comparatively strong versus national norms, while cafes, restaurants, parks, and pharmacies are thinner nearby. For investors, this mix points to day-to-day convenience but fewer lifestyle amenities within immediate blocks—conditions that typically sustain workforce housing demand without commanding premium rents.
Ownership costs in the area are elevated by national standards, and home values rank high nationally. This high-cost ownership market generally reinforces reliance on multifamily housing and can aid retention and pricing power, especially when neighborhood rent-to-income ratios are manageable, per WDSuite’s commercial real estate analysis.
Within a 3-mile radius, demographics indicate a large, diversified resident base with steady household counts and rising incomes over recent years, and projections point to further increases in households alongside income growth. This dynamic supports a deeper tenant base and helps underpin occupancy stability. Renter-occupied housing comprises roughly mid-40% of units within the 3-mile radius, signaling a sizable renter pool for a 94-unit property. The property’s 2000 construction is newer than the neighborhood’s typical 1980s vintage, implying relative competitiveness versus older stock, while still warranting targeted modernization planning over a hold.
Safety metrics are mixed relative to metro and national benchmarks. The neighborhood’s overall crime rank sits on the lower (less favorable) side of the 621-neighborhood San Diego–Chula Vista–Carlsbad metro distribution, and national comparisons place the area below the median for safety. However, recent trend data show a notable year-over-year decline in property offenses, indicating improving conditions versus many areas nationwide. Violent offense measures remain an area to monitor. Investors should underwrite with conservative assumptions and consider standard security enhancements appropriate for inner-suburban assets.
Proximity to regional employers supports commuter convenience and a diversified renter base, with energy infrastructure, aerospace/defense, biopharma, and wireless technology represented within typical drive times.
- Sempra Energy — energy infrastructure (8.5 miles)
- Sempra Energy — energy infrastructure (9.1 miles) — HQ
- L-3 Telemetry & RF Products — defense & aerospace (14.3 miles)
- Celgene Corporation — biopharma (20.1 miles)
- Qualcomm — wireless technology (20.4 miles) — HQ
This 94-unit, 2000-vintage asset benefits from neighborhood fundamentals that are competitive within the San Diego–Chula Vista–Carlsbad metro, helping support occupancy stability. Elevated home values locally reinforce renter reliance on multifamily housing, while neighborhood rent-to-income levels suggest manageable affordability pressure that can aid lease retention. Within a 3-mile radius, household counts and incomes have been rising and are projected to continue growing, which supports a larger tenant base and sustained demand.
The 2000 construction is newer than much of the neighborhood’s 1980s-era stock, offering relative competitiveness while leaving room for selective modernization to capture rent premiums versus older comparables. According to CRE market data from WDSuite, neighborhood occupancy trends and income growth indicators align with durable leasing conditions; underwriting should still consider amenity-light blocks and mixed safety rankings when sizing rent growth and operating reserves.
- Competitive neighborhood occupancy supports stable operations (neighborhood metric, not property).
- High-cost ownership market reinforces multifamily demand and pricing power.
- 2000 vintage offers relative competitiveness with targeted value-add potential.
- 3-mile demographic trends point to renter pool expansion and income growth.
- Risk: amenity-light nearby blocks and mixed safety metrics warrant conservative underwriting.