| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 73rd | Poor |
| Demographics | 28th | Poor |
| Amenities | 58th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 362 Moss St, Chula Vista, CA, 91911, US |
| Region / Metro | Chula Vista |
| Year of Construction | 1991 |
| Units | 42 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
362 Moss St, Chula Vista Multifamily Investment
Neighborhood renter concentration is high and ownership costs are elevated for the metro, supporting a deeper tenant base and lease retention, according to WDSuite’s CRE market data. Pricing power may be tempered by local affordability pressure, so asset strategy should prioritize steady occupancy and careful rent management.
This Urban Core location in Chula Vista offers day-to-day convenience that supports multifamily demand. Amenity access ranks above the metro median among 621 San Diego–Chula Vista–Carlsbad neighborhoods, with cafes, restaurants, groceries, and pharmacies comparatively dense for the area. Neighborhood cafes and restaurants sit in the top quartile nationally, signaling walkable options that help with leasing velocity.
The area skews renter-occupied, with a high share of housing units renter-occupied relative to the metro (top-quartile renter concentration), indicating a larger tenant pool and durable demand for apartments. By contrast, neighborhood occupancy runs softer than many San Diego metro peers, so underwriting should emphasize tenant retention and renewal execution rather than aggressive lease-ups.
Home values are elevated versus national norms and above many metro subareas, which tends to sustain reliance on multifamily rentals and supports lease stability. At the same time, rent-to-income levels indicate meaningful affordability pressure, pointing to the need for measured rent growth strategies to protect retention.
The property’s 1991 vintage is newer than the neighborhood’s older building stock, offering relative competitiveness against 1970s-era assets while still presenting typical 1990s systems and common-area updates as potential value-add levers.
Within a 3-mile radius, recent years show modest population growth with households increasing and average household size edging down, implying a gradual expansion of the renter pool. Forward-looking projections anticipate continued household growth alongside smaller household sizes, which can support occupancy stability and demand for varied unit types.
Safety outcomes in this neighborhood trend below national norms, and the area ranks below the metro median among 621 San Diego–Chula Vista–Carlsbad neighborhoods, indicating comparatively higher crime exposure locally. That said, recent data show property crime easing at a faster pace than many areas nationwide, which is a constructive trend to monitor for long-term stability.
Investors should incorporate prudent operating practices, emphasize lighting and access controls, and consider how on-site management and design can support resident comfort and retention over time.
Nearby employment anchors include Sempra Energy, L-3 Telemetry & RF Products, Celgene, Qualcomm, and Sysco. Their presence within a commutable radius supports workforce housing demand and can aid lease retention for residents seeking shorter commutes.
- Sempra Energy — energy (8.8 miles) — HQ
- L-3 Telemetry & RF Products — defense & aerospace (14.63 miles)
- Celgene Corporation — biotech (20.16 miles)
- Qualcomm — semiconductors & telecom (20.59 miles) — HQ
- Sysco — food distribution (22.08 miles)
362 Moss St sits in an amenity-rich Urban Core pocket with a deep renter base and elevated ownership costs that help sustain multifamily demand. Based on CRE market data from WDSuite, the neighborhood’s renter concentration is high, while NOI per unit trends above the national median, supporting a case for stable income if operations emphasize renewals and resident experience. The 1991 vintage should compete well against older local stock and may support targeted value-add through interior refreshes and common-area upgrades.
Households within a 3-mile radius have been expanding and are projected to continue growing even as average household size declines, which can broaden the tenant base and support occupancy over time. Affordability pressure and softer neighborhood occupancy versus metro peers call for disciplined rent setting, but the combination of nearby employment, convenient amenities, and high-cost homeownership provides durable demand drivers.
- Amenity-rich Urban Core location with top-quartile food and daily-needs access supporting leasing.
- High renter-occupied share indicates a deep tenant base and potential for steady renewals.
- 1991 vintage offers competitive positioning versus older stock with value-add potential via updates.
- 3-mile household growth and shrinking household sizes support long-term multifamily demand.
- Risks: softer neighborhood occupancy, affordability pressure, and local safety considerations require disciplined operations.