| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 77th | Fair |
| Demographics | 78th | Best |
| Amenities | 78th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 925 N Vulcan Ave, Encinitas, CA, 92024, US |
| Region / Metro | Encinitas |
| Year of Construction | 1985 |
| Units | 29 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
925 N Vulcan Ave Encinitas Multifamily Investment
This 29-unit property built in 1985 sits in a high-value coastal neighborhood where median home values exceed $1.6 million. According to CRE market data from WDSuite, the area's elevated ownership costs reinforce rental demand among affluent households.
Located in Encinitas, this property sits within a top-tier coastal neighborhood ranking 49th among 621 San Diego metro neighborhoods with an "A" rating. The area demonstrates strong fundamentals with median household incomes of $117,886 and home values reaching $1.68 million—placing it in the 100th national percentile. These elevated ownership costs sustain rental demand among higher-income households who prefer the flexibility of renting in this desirable coastal location.
The neighborhood shows a balanced tenure mix with 46.6% of housing units renter-occupied, ranking in the 86th national percentile for rental share. Demographic data within a 3-mile radius reveals a mature, affluent population with 32% of households earning over $200,000 annually. Projections through 2028 indicate continued income growth, with median household income expected to reach $200,519—supporting rental pricing power in this premium market.
Amenity density supports tenant retention with 13.4 restaurants per square mile and abundant recreational access through 6.1 parks per square mile, ranking in the 99th national percentile. The property's 1985 construction year aligns with the neighborhood average, suggesting potential value-add opportunities through strategic renovations to capture higher rents in this high-value coastal market.
Crime metrics show mixed trends for this Encinitas neighborhood. Property crime rates of 2,071 incidents per 100,000 residents rank in the 10th national percentile, indicating higher property crime relative to neighborhoods nationwide. However, violent crime remains more controlled at 156 incidents per 100,000 residents, placing the area in the 24th national percentile nationally.
Recent trends show improvement with property crime declining 14.4% year-over-year and violent crime dropping 37.1%, ranking in the 79th national percentile for violent crime reduction. The overall crime rank of 116th among 621 San Diego metro neighborhoods places it above the metro median, suggesting competitive safety conditions within the broader regional context.
The property benefits from proximity to major corporate employers concentrated in San Diego's technology and energy sectors, providing stable workforce housing demand.
- NRG Energy — energy services (4.3 miles)
- Gilead Sciences — biotechnology (9.8 miles)
- Qualcomm — telecommunications technology (12.8 miles)
- Qualcomm — telecommunications technology (13.1 miles) — HQ
- Celgene Corporation — biopharmaceuticals (13.5 miles)
This 29-unit Encinitas property presents a value-add opportunity in one of San Diego County's most affluent coastal markets. Built in 1985, the asset offers renovation upside potential to capture premium rents supported by the area's exceptional demographics and limited rental supply. The neighborhood's "A" rating and top-tier home values exceeding $1.6 million create a barrier to ownership that sustains rental demand among high-income households.
Commercial real estate analysis shows strong market fundamentals with household incomes projected to grow 37% by 2028, reaching $200,519 median income within the 3-mile radius. The property's coastal location provides inherent scarcity value, while proximity to major employers like Qualcomm headquarters and Gilead Sciences supports consistent tenant demand from well-compensated professionals.
- Premium coastal location with median home values in 100th national percentile creating ownership barriers
- Value-add potential through strategic renovations of 1985-vintage units
- High-income tenant base with 32% of households earning over $200,000 annually
- Proximity to major technology and biotech employers providing workforce stability
- Risk consideration: Property crime rates above national averages require security and insurance evaluation