| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 84th | Best |
| Demographics | 26th | Poor |
| Amenities | 58th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 747 Avocado Ave, El Cajon, CA, 92020, US |
| Region / Metro | El Cajon |
| Year of Construction | 1975 |
| Units | 50 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
747 Avocado Ave El Cajon Multifamily Investment
This 50-unit property benefits from exceptional neighborhood-level occupancy at 100% and strong rental demand dynamics. Commercial real estate analysis from WDSuite indicates the area ranks in the top quartile nationally for housing fundamentals.
The El Cajon neighborhood demonstrates strong fundamentals for multifamily investors, with 100% occupancy ranking first among 621 metro neighborhoods and 96th percentile nationally for rental share at 65.3%. Demographics within a 3-mile radius show a stable tenant base of 144,020 residents with median household income of $81,106, supporting rental demand in this urban core location.
Built in 1975, this property aligns with the neighborhood's average construction year of 1980, indicating consistent building stock that may present value-add renovation opportunities. The area's median contract rent of $1,659 has grown 39% over five years, while home values at $593,414 create affordability pressures that reinforce rental demand and tenant retention.
Amenity density supports tenant appeal with 7.36 grocery stores per square mile ranking 43rd of 621 neighborhoods (98th percentile nationally), plus strong childcare access at 1.47 facilities per square mile (89th percentile nationally). The neighborhood's B- rating reflects above-average housing metrics while demographic projections show household income growth to $106,156 by 2028, supporting rent growth potential.
Safety metrics show mixed trends requiring investor attention. Property crime rates of 1,540 per 100,000 residents rank 334th among 621 metro neighborhoods (15th percentile nationally), while violent crime at 244 incidents per 100,000 residents ranks 318th (17th percentile nationally). Both property and violent crime rates declined over the past year by 12.4% and 8.1% respectively, indicating improving trends.
The neighborhood's overall crime ranking of 219th among 621 metro areas (36th percentile nationally) suggests security considerations should factor into property management and tenant screening strategies. Investors should monitor these trends and consider security enhancements as part of capital improvement planning.
The San Diego metro employment base provides diverse job opportunities within commuting distance, anchored by major corporate offices and headquarters that support workforce housing demand.
- L-3 Telemetry & RF Products — defense & aerospace (10.7 miles)
- Sysco — food distribution (11.7 miles)
- Sempra Energy — utilities HQ (12.9 miles)
- Qualcomm — technology HQ (15.8 miles)
- Celgene Corporation — biotechnology (16.3 miles)
This 50-unit El Cajon property offers compelling fundamentals with 100% neighborhood occupancy ranking first among 621 metro neighborhoods and strong rental demand supported by 65.3% renter-occupied housing units. The 1975 construction year presents value-add renovation opportunities while demographic growth within 3 miles shows household income rising from $81,106 to a projected $106,156 by 2028, supporting rent growth potential.
According to CRE market data from WDSuite, the area's housing metrics rank 96th among 621 neighborhoods (84th percentile nationally), while median rents of $1,659 have grown 39% over five years. Home values at $593,414 reinforce rental demand by maintaining ownership costs above many household budgets, supporting tenant retention and occupancy stability.
- Exceptional occupancy at 100% ranking first among 621 metro neighborhoods
- Strong rental demand with 65.3% renter-occupied units (96th percentile nationally)
- Projected household income growth to $106,156 by 2028 supports rent increases
- Value-add potential with 1975 construction year and renovation upside
- Risk consideration: Crime rates rank below metro median requiring security planning