| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 77th | Fair |
| Demographics | 85th | Best |
| Amenities | 94th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 550 Orange Ave, Coronado, CA, 92118, US |
| Region / Metro | Coronado |
| Year of Construction | 2007 |
| Units | 30 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
550 Orange Ave Coronado Multifamily Investment
Positioned in an amenity-rich pocket of Coronado, this 30-unit asset benefits from a high-cost ownership market that supports durable renter demand, according to WDSuite’s CRE market data. Commercial real estate analysis points to strong neighborhood fundamentals and quality schools that can aid retention.
Coronado’s urban core location offers depth of lifestyle amenities and daily needs within close reach. Neighborhood indicators show strong access to parks, pharmacies, groceries, and dining, with these amenity densities performing in the top ranges nationally. School quality is a standout, ranking at the very top of the San Diego–Chula Vista–Carlsbad metro (1 of 621 neighborhoods; top percentile nationally), which can support family-oriented renter retention.
The property’s 2007 construction is newer than the neighborhood’s typical vintage (average 1985), positioning it competitively versus older product. For investors, this generally implies lower near-term capital planning versus 1970s–1980s stock, while selective modernization can still enhance rents and leasing velocity.
Within a 3-mile radius, demographics indicate recent population and household growth, with forecasts pointing to further expansion and smaller average household sizes through 2028. A growing household base and smaller household sizes typically translate into a broader tenant pool, supporting occupancy stability and lease-up efficiency.
Ownership costs in the immediate neighborhood are elevated relative to incomes, reinforcing renter reliance on multifamily housing and supporting pricing power for well-maintained assets. At the same time, neighborhood rents are high versus national norms, so active lease management and renewal strategies remain important for retention. These conditions, paired with above-median education attainment and strong amenities, create solid fundamentals for multifamily property research and screening.
Neighborhood occupancy is below national norms and has softened compared with five years ago, suggesting the submarket rewards properties that differentiate on quality, maintenance, and service. Investor takeaway: competitive product and disciplined operations should fare best in this environment.
Safety indicators for the neighborhood align around the national middle, with notable year-over-year improvement in both property and violent offense rates, according to WDSuite’s market data. In practical terms, conditions are not among the weakest nationally, and the recent trend has been favorable.
For regional context, the area performs competitively among San Diego–Chula Vista–Carlsbad neighborhoods and reflects patterns typical of an active urban core. Investors should underwrite with standard urban assumptions, track the improving trend, and avoid relying on block-level interpretations.
Proximity to corporate offices in Downtown and the broader San Diego employment base supports commuter convenience and renter demand. Notable nearby employers span energy, aerospace/defense, biotechnology, and technology.
- Sempra Energy — energy infrastructure (1.7 miles)
- Sempra Energy — energy infrastructure (2.0 miles) — HQ
- L-3 Telemetry & RF Products — defense & aerospace offices (9.3 miles)
- Celgene Corporation — biotechnology offices (13.4 miles)
- Qualcomm — technology & wireless (14.2 miles) — HQ
This 2007-vintage, 30-unit asset in Coronado sits within an A+ rated neighborhood featuring exceptional school performance and a deep amenity base. The newer construction relative to the area’s 1980s average positions the property well against older stock, with potential to capture premiums through thoughtful updates rather than heavy capital programs. According to CRE market data from WDSuite, elevated for-sale home values in the neighborhood sustain renter reliance on multifamily housing, while strong household incomes and top-tier amenities help support retention.
Investor considerations include neighborhood occupancy that trails national norms, which underscores the importance of operational execution, service quality, and unit differentiation. Demographic indicators within a 3-mile radius point to population growth, an increase in households, and smaller household sizes through 2028 — all supportive of a larger tenant base and occupancy stability for well-run properties.
- Newer 2007 construction relative to neighborhood average, supporting competitive positioning versus older assets
- High-cost ownership market reinforces rental demand and can aid pricing power
- Amenity-rich A+ neighborhood with top-of-metro school ratings supports retention
- 3-mile demographics indicate renter pool expansion via household growth and smaller household sizes
- Risk: neighborhood occupancy below national norms — success depends on quality operations and differentiation