| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 88th | Best |
| Demographics | 66th | Good |
| Amenities | 21st | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1575 Tanglewood Ln, Escondido, CA, 92029, US |
| Region / Metro | Escondido |
| Year of Construction | 1986 |
| Units | 118 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1575 Tanglewood Ln Escondido Multifamily Investment
This 118-unit property benefits from strong neighborhood occupancy rates at 95.4% and above-average NOI performance, according to CRE market data from WDSuite.
Located in an inner suburb of Escondido within the San Diego metro, this neighborhood demonstrates solid fundamentals for multifamily investors. The area ranks in the top quartile nationally for housing metrics and maintains a 95.4% occupancy rate, indicating stable rental demand. With 56% of housing units renter-occupied, the neighborhood provides a substantial tenant base for multifamily properties.
Built in 1986, this property's vintage aligns with the neighborhood average construction year of 1992, positioning it well within the local building stock while offering potential value-add opportunities through strategic renovations and unit improvements. The area's median household income of $92,568 supports rental affordability, while demographic data aggregated within a 3-mile radius shows a diverse population of approximately 91,000 residents with stable household formation patterns.
The neighborhood benefits from above-average school ratings at 4.0 out of 5, enhancing tenant appeal for families. While amenity density is limited with minimal retail and dining options per square mile, the area's residential character and proximity to San Diego's employment centers provide a stable foundation for long-term rental demand. Median contract rents of $2,247 reflect the broader San Diego market dynamics, with the property positioned to capture value through operational improvements and market-rate positioning.
Safety metrics show mixed trends that warrant careful monitoring for property management considerations. The neighborhood ranks 189th among 621 metro neighborhoods for overall crime, placing it in the middle range of the San Diego area. Property offense rates have shown improvement with a 29% decrease over the past year, suggesting positive momentum in community safety trends.
Violent crime rates remain relatively low at 122 incidents per 100,000 residents, though recent increases require attention. Investors should factor these safety dynamics into property management strategies, including security measures and tenant screening protocols. The improving property crime trends provide a foundation for continued neighborhood stability.
The property benefits from proximity to major San Diego employers, supporting workforce housing demand and commute convenience for tenants. Key corporate anchors include technology, healthcare, and energy companies within reasonable commuting distance.
- Sysco — food service distribution (11.9 miles)
- NRG Energy — energy services (12.7 miles)
- Gilead Sciences — biotechnology (13.4 miles)
- Qualcomm — technology & telecommunications (15.5 miles) — HQ
- Sempra Energy — utility services (26.9 miles) — HQ
This 118-unit property offers compelling fundamentals anchored by neighborhood-level occupancy stability at 95.4% and strong NOI performance ranking in the top quartile nationally. The 1986 construction year presents value-add opportunities through unit renovations and building improvements, while the property's 847 square foot average unit size aligns well with current renter preferences in the San Diego market. Demographic projections show household growth within the 3-mile radius, supporting sustained rental demand over the investment horizon.
The neighborhood's inner suburb character provides stability through diverse income levels and established residential patterns, though investors should monitor the recent uptick in violent crime rates and limited local amenity density. According to multifamily property research from WDSuite, the area's housing rank in the top quartile nationally and above-average school ratings create a foundation for tenant retention and lease renewal success.
- Strong occupancy fundamentals at 95.4% neighborhood rate with top quartile NOI performance
- Value-add potential through strategic renovations of 1986-vintage units
- Proximity to major San Diego employers including Qualcomm headquarters
- Above-average school ratings support family tenant retention
- Risk factors include recent violent crime increases and limited local amenities