| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 82nd | Best |
| Demographics | 50th | Fair |
| Amenities | 36th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1343 Oakdale Ave, El Cajon, CA, 92021, US |
| Region / Metro | El Cajon |
| Year of Construction | 1972 |
| Units | 64 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1343 Oakdale Ave El Cajon Multifamily Investment
Neighborhood occupancy is competitive within the San Diego metro and renter demand is supported by a meaningful share of renter-occupied units, according to WDSuite’s CRE market data. This points to steady income potential at the submarket level while investors evaluate asset-specific operations and capital plans.
Located in suburban El Cajon within the San Diego–Chula Vista–Carlsbad metro, the area around 1343 Oakdale Ave shows solid renter fundamentals for multifamily investors. Neighborhood occupancy ranks competitive among 621 metro neighborhoods and sits in a strong national position, supporting income durability relative to many locations. The neighborhood’s renter-occupied share indicates a stable tenant base, while the broader 3-mile area shows a majority of units renter-occupied, deepening the leasing pool for mid-scale assets.
Daily needs are reasonably served: grocery access performs around the upper third nationally and parks are similar, while childcare density also tests well versus U.S. neighborhoods. Dining and cafe density are thinner in the immediate neighborhood and pharmacy options are limited, which can modestly affect walkable convenience; however, these patterns are common for suburban settings in the metro and are often offset by drive-time access.
Housing cost context points to a high-cost ownership market in the neighborhood compared with most U.S. areas. That backdrop typically sustains reliance on rental housing, which can support pricing power and retention when managed thoughtfully. At the same time, neighborhood rent-to-income metrics suggest manageable renter affordability, a positive sign for lease stability and renewal strategies.
Within a 3-mile radius, recent trends show modest population growth and a clear increase in households, with projections indicating further household gains over the next five years. For investors, that translates into a larger tenant base and ongoing renter pool expansion that can help support occupancy and absorption, based on CRE market data from WDSuite.
Safety indicators for the neighborhood sit below national averages, with the overall crime profile ranking in the less favorable portion of San Diego’s 621 neighborhoods. Year over year, property incidents have been trending lower, while violent offenses have edged higher. Investors typically account for these dynamics through onsite security measures, lighting, and resident engagement to support retention.
Compared with neighborhoods nationwide, the area falls in a lower national percentile for safety, so underwriting often incorporates prudent assumptions for insurance, security, and community programming. Monitoring the recent downward trend in property-related incidents alongside broader metro patterns can help calibrate operating plans over the hold period.
Regional employment anchors within commuting distance include food distribution, defense/aerospace, utilities, semiconductors, and biotech — a diversified base that supports renter demand and lease retention for workforce and middle-income households.
- Sysco — food distribution (11.6 miles)
- L-3 Telemetry & RF Products — defense & aerospace (11.8 miles)
- Sempra Energy — utilities (14.5 miles) — HQ
- Qualcomm — semiconductors & wireless (16.6 miles) — HQ
- Celgene Corporation — biotech (17.2 miles)
Built in 1972, this 64‑unit property offers scale in a suburban San Diego location where neighborhood occupancy is competitive and the renter base is deep. The vintage points to classic value‑add and capital planning opportunities — from interiors to building systems — that can improve competitive positioning against 1980s‑era stock nearby. High ownership costs in the neighborhood versus national norms reinforce reliance on rentals, while rent-to-income signals suggest room for steady lease performance when managed carefully, based on CRE market data from WDSuite.
Within a 3‑mile radius, recent population growth and a meaningful increase in households — with further household expansion projected — support a larger tenant base over the medium term. Amenity access favors groceries, parks, and childcare relative to national averages, which can aid livability, even as dining and pharmacy density are thinner and should be considered in marketing and resident services.
- Competitive neighborhood occupancy and a sizeable renter-occupied base support income stability
- 1972 vintage offers clear value-add and CapEx levers to enhance positioning
- High-cost ownership landscape sustains rental demand and pricing power potential
- 3-mile household growth and projected expansion increase the tenant pool
- Risks: below-average safety metrics and thinner dining/pharmacy density may require underwriting and operational mitigation