| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 80th | Good |
| Demographics | 35th | Poor |
| Amenities | 61st | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1228 Sumner Ave, El Cajon, CA, 92021, US |
| Region / Metro | El Cajon |
| Year of Construction | 1986 |
| Units | 64 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1228 Sumner Ave El Cajon Multifamily Investment
Renter demand is supported by a high share of renter-occupied units in the surrounding neighborhood and stable occupancy, according to WDSuite’s CRE market data. This 64-unit asset offers scale in a high-cost ownership market that can reinforce leasing durability.
Located in El Cajon within the San Diego metro, the neighborhood rates B- (ranked 300 of 621 metro neighborhoods), placing it above the metro median and competitive among San Diego neighborhoods. Occupancy in the neighborhood is strong and in the top quartile nationally, which supports income stability for multifamily operators.
Livability is practical for workforce renters: grocery and pharmacy access score well versus U.S. neighborhoods, while restaurants are present though café and park density is limited. These dynamics suggest everyday convenience with fewer lifestyle amenities immediately nearby, which can influence tenant profiles and marketing strategy.
The area shows a high renter-occupied share (ranked in the upper tail nationally), indicating a deep tenant base that can support leasing velocity and renewals. Within a 3‑mile radius, population and household counts have grown in recent years and are projected to expand further by 2028, pointing to a larger tenant pool and supporting occupancy stability. Median incomes in the 3‑mile area have risen, which can aid rent collections and retention, while the neighborhood’s rent-to-income metrics indicate manageable affordability pressure relative to coastal peers.
Home values in the neighborhood are elevated compared with national norms and the value-to-income ratio sits in the top decile nationally. For investors, a high-cost ownership market typically sustains reliance on rental housing, supporting demand depth and lease retention for well-operated assets.
Built in 1986, the property is newer than the neighborhood’s average vintage (1979). This positioning can be competitive against older stock, though investors should plan for targeted modernization and system updates to maintain durability and support rent positioning over the hold.
Relative to U.S. neighborhoods, this area trends below the national median on safety measures, and ranks below the metro median among the 621 San Diego neighborhoods. Recent year estimates indicate property and violent offenses have seen increases, suggesting investors should underwrite to prudent security, lighting, and operational practices.
For context, these are neighborhood-level patterns rather than property-specific conditions. Owners who incorporate preventative measures and resident engagement often mitigate volatility and support leasing consistency.
Proximity to logistics, defense/aerospace, financial services, and regional headquarters supports a diverse employment base and commute convenience for renters. Nearby employers include Sysco, L-3 Telemetry & RF Products, Wells Fargo, Sempra Energy, and Qualcomm.
- Sysco — foodservice distribution (10.96 miles)
- L-3 Telemetry & RF Products — defense & aerospace (11.45 miles)
- Wells Fargo — financial services offices (14.39 miles)
- Sempra Energy — utilities & energy (14.48 miles) — HQ
- Qualcomm — semiconductors & wireless (16.10 miles) — HQ
1228 Sumner Ave offers 64 units in a high-demand renter area where neighborhood occupancy ranks above the metro median and in the top quartile nationally, according to CRE market data from WDSuite. The surrounding ownership market is high-cost by national standards, which typically sustains multifamily demand and supports lease retention for well-managed assets.
Within a 3‑mile radius, households and incomes have risen over the past five years and are projected to continue growing by 2028, signaling a larger tenant base and healthy collections outlook. The 1986 vintage is newer than the area norm, providing competitive positioning versus older stock, though investors should plan for selective renovations and system updates to optimize rents and durability.
- Stable neighborhood occupancy and deep renter base support consistent leasing
- High-cost ownership market reinforces reliance on rental housing and retention
- 3‑mile household and income growth expands the renter pool and collections resilience
- 1986 construction offers competitive positioning with value-add modernization potential
- Risks: below-median neighborhood safety and limited nearby parks/cafés may require operational and marketing adjustments