| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 78th | Good |
| Demographics | 89th | Best |
| Amenities | 62nd | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 14005 Mango Dr, Del Mar, CA, 92014, US |
| Region / Metro | Del Mar |
| Year of Construction | 1981 |
| Units | 96 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
14005 Mango Dr Del Mar Multifamily Investment
In a high-cost ownership pocket of Del Mar, neighborhood occupancy in the mid-90s points to durable renter demand, according to WDSuite’s CRE market data. Elevated home values support pricing power while favoring retention for well-managed assets.
Situated in the San Diego–Chula Vista–Carlsbad metro, the neighborhood surrounding 14005 Mango Dr is competitive among San Diego neighborhoods (rank 99 out of 621), based on CRE market data from WDSuite. Restaurants and groceries show stronger availability than the national norm (restaurants and grocery access sit in the upper national percentiles), while café and park density are thinner within the immediate neighborhood core. The area skews suburban with daily needs reasonably accessible, supporting leasing convenience for residents.
School quality is a standout. The neighborhood’s average school rating is at the top of the metro (rank 1 of 621) and in the highest national percentile, an attribute that supports family-oriented renter demand and longer tenancy considerations. Compared with metro peers, this dynamic can help stabilize occupancy and reduce turnover for appropriately positioned units.
Tenure patterns indicate a lower renter concentration in the neighborhood (about one-quarter of housing units are renter-occupied), which implies a more ownership-heavy landscape. For multifamily investors, that typically translates to a shallower but higher-income renter pool, consistent with high median household incomes (top national percentiles) and a rent-to-income profile that suggests manageable affordability pressure at current levels. Elevated home values at the top national percentile reinforce reliance on rental options, aiding lease retention for quality properties.
Within a 3-mile radius, demographics show recent population softness but a projected increase in households over the next five years, pointing to a larger tenant base ahead and supporting occupancy stability for well-located assets. Median contract rents have grown meaningfully over the past five years and are projected to continue rising, aligning with the neighborhood’s higher-income profile. Vintage also matters: built in 1981, the property is somewhat newer than the neighborhood average stock (1976), offering relative competitiveness versus older buildings while leaving room for targeted modernization to capture premium rents.
Safety trends merit monitoring. Compared with neighborhoods nationwide, the area’s overall crime profile sits below the national median (national percentiles around the lower third), indicating higher reported incidents than many U.S. neighborhoods. Within the metro, the neighborhood is mid-pack (rank 303 of 621). Property-related offenses show a recent year-over-year decline, which is a constructive directional sign, while violent-offense indicators sit below national averages and warrant routine risk controls and tenant communication.
For investors, the takeaway is to underwrite standard security measures and operating practices typical for suburban San Diego assets, and to track neighborhood-level trends over time rather than relying on block-level assumptions.
Proximity to major employment nodes underpins renter demand, with strong representation from wireless/semiconductors, biotech, defense & aerospace, utilities, and foodservice distribution within commuting range.
- Qualcomm — wireless/semiconductors (4.5 miles)
- Qualcomm — wireless/semiconductors (4.8 miles) — HQ
- Celgene Corporation — biotech (5.1 miles)
- L-3 Telemetry & RF Products — defense & aerospace (11.1 miles)
- Sysco — foodservice distribution (11.4 miles)
- Sempra Energy — utilities (16.8 miles) — HQ
14005 Mango Dr combines a high-income, ownership-leaning neighborhood with proven renter demand and top-tier schools, supporting lease stability for well-managed units. Elevated home values and a rent-to-income profile that signals limited affordability pressure strengthen pricing power, while projections for household growth within 3 miles point to a larger tenant base and support for occupancy over the medium term, based on commercial real estate analysis from WDSuite.
The 1981 vintage is slightly newer than the neighborhood’s average stock, offering a competitive edge versus older comparables and potential to unlock value through targeted renovations and system upgrades. Investors should underwrite standard safety and operating measures, but improving property-offense trends and strong employer access bolster the long-term thesis.
- Ownership-heavy area with high incomes and top-ranked schools supports retention and lease stability.
- Elevated home values reinforce rental reliance, aiding pricing power for quality units.
- Projected household growth within 3 miles expands the renter pool and supports occupancy.
- 1981 vintage allows value-add through targeted modernization versus older neighborhood stock.
- Risk: crime metrics sit below national safety percentiles; continue standard security and monitoring in underwriting.