| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 62nd | Poor |
| Demographics | 15th | Poor |
| Amenities | 48th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 578 Anita St, Chula Vista, CA, 91911, US |
| Region / Metro | Chula Vista |
| Year of Construction | 1976 |
| Units | 84 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
578 Anita St, Chula Vista Multifamily Investment Opportunity
Neighborhood renter-occupied share is comparatively high and occupancy has held near the national middle, supporting demand stability for an 84-unit asset, according to WDSuite’s CRE market data.
This inner-suburban location in Chula Vista offers day-to-day convenience that supports leasing. Grocery and dining access are competitive among San Diego–Chula Vista–Carlsbad neighborhoods (49th and 63rd of 621 by amenity density), translating into top quartile nationally for grocery and restaurant proximity. Cafés are also in the top quartile across U.S. neighborhoods (148th of 621 locally), while parks, pharmacies, and childcare are limited within the immediate area.
The neighborhood’s renter concentration is in the top quartile among 621 metro neighborhoods, indicating a deep tenant base for multifamily operators. Reported occupancy for the neighborhood trends around the national median, suggesting steady leasing conditions without outsized volatility. Median contract rents have risen over the last five years, reinforcing the case for durable demand if operations are well-managed.
Demographic statistics within a 3-mile radius show households have grown recently and are projected to expand further even as average household size trends lower. This dynamic typically broadens the renter pool and supports occupancy stability for mid-sized properties like this one.
Built in 1976, the property is older than the neighborhood’s average construction year (1984). That age profile points to potential value-add via renovations and systems updates, along with capital planning to keep the asset competitive against newer stock.
Home values in the surrounding neighborhood skew lower than many areas nationally, which can introduce some competition from ownership. Even so, elevated renter-occupied share and strong amenity access suggest multifamily remains a mainstream housing option that can support retention with appropriate pricing and leasing strategies.
Safety outcomes in the neighborhood are below national averages, with crime indicators sitting in lower national percentiles. Within the San Diego–Chula Vista–Carlsbad metro, the area ranks 209th of 621 neighborhoods on crime, placing it below the metro median for safety.
Recent trends show improvement: both property and violent offense rates have declined over the most recent year, placing the neighborhood s year-over-year change in stronger national percentiles. Investors typically underwrite with enhanced security measures and active management in locations like this, while monitoring whether the downward trend persists.
Nearby corporate nodes diversify the employment base and support commuter-friendly renter demand, led by energy utilities, aerospace/defense, biotech, and wireless technology employers.
- Sempra Energy — energy utilities (8.9 miles)
- Sempra Energy — energy utilities (9.6 miles) — HQ
- L-3 Telemetry & RF Products — defense & aerospace offices (15.8 miles)
- Celgene Corporation — biotech (21.2 miles)
- Qualcomm — wireless technology (21.6 miles) — HQ
578 Anita St combines a renter-heavy neighborhood, competitive amenity access, and proximity to diversified employment centers to support ongoing demand. Neighborhood occupancy trends near the national middle, and rent levels have advanced over the last five years, which can underpin stable cash flow with disciplined operations. According to CRE market data from WDSuite, the surrounding area’s grocery, restaurant, and café density ranks competitively in the metro and sits in higher national percentiles, aiding tenant retention.
The 1976 vintage is older than area norms, creating clear value-add pathways through interior upgrades and building systems work to enhance positioning against newer product. Demographic statistics within a 3-mile radius indicate household growth alongside smaller household sizes, which typically expands the renter pool. Key risks include below-average safety metrics and affordability pressure typical of the region, both of which call for thoughtful underwriting and active property management.
- Renter-heavy neighborhood supports depth of tenant demand
- Competitive grocery and dining access aids leasing and retention
- 1976 vintage offers value-add and systems upgrade potential
- 3-mile household growth and smaller household sizes expand renter pool
- Risks: below-average safety metrics and affordability pressure require proactive management