| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 69th | Poor |
| Demographics | 61st | Fair |
| Amenities | 16th | Poor |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 850 Duncan Ranch Rd, Chula Vista, CA, 91914, US |
| Region / Metro | Chula Vista |
| Year of Construction | 2013 |
| Units | 37 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
850 Duncan Ranch Rd Chula Vista Multifamily, 2013 Vintage
Newer construction and high neighborhood occupancy point to durable renter demand, according to WDSuite’s CRE market data. The submarket’s high-cost ownership environment supports lease retention for well-maintained Class B assets.
Set within a suburban pocket of Chula Vista, the immediate neighborhood skews residential with limited retail and services inside the tract. While local amenity density is modest, regional access supports daily needs and employment commutes across the San Diego-Chula Vista-Carlsbad metro.
Occupancy in the neighborhood is competitive among San Diego-Chula Vista-Carlsbad neighborhoods (195 of 621) and in the top quartile nationally by percentile, signaling stable leasing fundamentals through cycles. Home values sit at elevated levels for the region (98th percentile nationally), which typically sustains reliance on rental housing and can reinforce pricing power and retention for quality multifamily.
Within a 3-mile radius, population and household counts expanded strongly over the last five years, and WDSuite indicates further growth in households through 2028 alongside a gradual decrease in average household size. For investors, this points to a larger tenant base over time and steady absorption potential rather than a dependence on in-migration alone, a useful lens for commercial real estate analysis.
Renter concentration within a 3-mile radius is roughly one-quarter of housing units, providing a meaningful but not saturated renter pool. Combined with above-median household incomes in the immediate area, demand tends to favor well-managed, professionally-operated properties that offer quality finishes and efficient operations.
Safety indicators are mixed when compared across geographies. Relative to the San Diego-Chula Vista-Carlsbad metro, the neighborhood’s crime rank sits below the metro average (36 of 621), while national percentiles show a nuanced picture: overall crime hovers near the mid-50s percentile (slightly better than the U.S. average), with violent and property offense rates closer to the low-20s percentiles. Importantly, recent-year trends show notable improvement in both violent and property offenses, which investors can monitor alongside property operations and tenant retention.
Nearby employers in energy, defense, logistics, technology, and life sciences help underpin renter demand by broadening the commuter base to this suburban location: Sempra Energy, L-3 Telemetry & RF Products, Sysco, Qualcomm, and Celgene.
- Sempra Energy — energy infrastructure (13.2 miles) — HQ
- L-3 Telemetry & RF Products — defense & aerospace electronics (15.7 miles)
- Sysco — food distribution (20.2 miles)
- Qualcomm — semiconductors & wireless (21.9 miles) — HQ
- Celgene Corporation — biopharma (22.0 miles)
Built in 2013, the property is newer than much of the area’s housing stock (average vintage 1984), supporting competitive positioning versus older assets and potentially moderating near-term capital needs. Neighborhood occupancy is competitive within the metro and strong nationally, and elevated home values in this submarket reinforce reliance on rental housing, which can support pricing power when paired with professional operations.
Within a 3-mile radius, recent population and household growth—and WDSuite’s forecast for continued household expansion alongside slightly smaller household sizes—point to a larger tenant base over time. Contract rents have trended upward with additional gains expected through 2028, based on multifamily property research from WDSuite, which supports a steady lease-up and renewal narrative for well-run assets.
- 2013 vintage offers competitive positioning versus older local stock and manageable near-term capex planning
- Strong neighborhood occupancy (competitive in metro; top quartile nationally) supports leasing stability
- High-cost ownership market reinforces renter reliance, aiding retention and pricing power
- 3-mile radius growth and forecast household expansion indicate a deepening tenant base
- Risks: limited on-tract amenities, lower renter concentration locally, and mixed-but-improving safety trends relative to metro