| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 66th | Poor |
| Demographics | 46th | Fair |
| Amenities | 65th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 13843 Camino Canada, El Cajon, CA, 92021, US |
| Region / Metro | El Cajon |
| Year of Construction | 1991 |
| Units | 44 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
13843 Camino Canada El Cajon Multifamily Investment
This 44-unit property built in 1991 benefits from San Diego County's sustained rental demand, with neighborhood-level occupancy at 93% reflecting strong fundamentals according to WDSuite's CRE market data.
The El Cajon neighborhood demonstrates competitive positioning among San Diego metro's 621 neighborhoods, ranking in the upper half for overall investment fundamentals with a B rating. Built in 1991, this property aligns with the neighborhood's average construction year of 1986, indicating consistent building stock that minimizes capital expenditure variability compared to mixed-vintage areas.
Demographic data aggregated within a 3-mile radius shows a stable tenant base with 31% renter-occupied housing units, supporting multifamily demand in a market where elevated home values at $630,518 median limit ownership accessibility. Population growth of 3.8% over five years, combined with projected household expansion of 33.5% through 2028, indicates expanding renter pool that strengthens lease-up velocity and retention prospects.
Neighborhood-level occupancy remains solid at 93%, though down from previous levels, reflecting broader market adjustments. Median contract rents of $2,214 rank highly among metro neighborhoods at 94th percentile nationally, while rent-to-income ratios suggest affordability pressures that require careful lease management. The area maintains above-average amenity access with grocery stores and restaurants within reasonable density, supporting tenant appeal and retention rates.
Crime metrics place this neighborhood in the middle tier among San Diego metro's 621 neighborhoods, ranking 192nd for overall crime levels with a 37th percentile nationally. Property crime rates of 1,110 per 100,000 residents and violent crime at 223 per 100,000 reflect urban density patterns typical of suburban San Diego locations.
Recent trends show improvement in violent crime with a 21.3% decrease year-over-year, ranking in the top quartile for crime reduction among metro neighborhoods. Property crime has remained relatively stable with a modest 1% decline, indicating consistent security conditions that support tenant retention and leasing stability.
The employment base within commuting distance includes major corporate anchors that support workforce housing demand, with technology, energy, and logistics companies providing stable tenant pools.
- Sysco — food distribution services (11.7 miles)
- L-3 Telemetry & RF Products — defense & aerospace technology (13.8 miles)
- Sempra Energy — utility services (17.2 miles) — HQ
- Qualcomm — technology & telecommunications (17.9 miles) — HQ
This El Cajon property presents stable cash flow potential in San Diego County's supply-constrained rental market. The 1991 construction year positions the asset for value-add opportunities while avoiding immediate capital intensity of older properties. Strong demographic projections within a 3-mile radius show household growth of 33.5% through 2028, expanding the tenant base as median incomes rise 30% over the same period.
Elevated home values at $630,518 median sustain rental demand by limiting ownership accessibility, while proximity to major employers like Qualcomm and Sempra Energy provides workforce stability. According to multifamily property research from WDSuite, neighborhood occupancy at 93% reflects solid fundamentals despite recent softening, positioning the asset for recovery as market conditions normalize.
- Strong demographic growth with 33.5% household expansion projected through 2028
- High ownership costs at $630,518 median home value sustain rental demand
- 1991 construction vintage offers value-add potential without major capital needs
- Risk: Rent-to-income ratios indicate affordability pressures requiring active lease management