| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 72nd | Poor |
| Demographics | 30th | Poor |
| Amenities | 76th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1701 S Juniper St, Escondido, CA, 92025, US |
| Region / Metro | Escondido |
| Year of Construction | 1978 |
| Units | 27 |
| Transaction Date | 2006-05-03 |
| Transaction Price | $1,000,000 |
| Buyer | F & F CHAI LP |
| Seller | APPLETON KRISTINA |
1701 S Juniper St Escondido Multifamily Investment
This 27-unit property benefits from strong neighborhood-level occupancy at 95.6% and a high renter concentration of 68%, supporting tenant retention in this Urban Core location according to WDSuite's CRE market data.
Located in an Urban Core neighborhood ranked 291st among 621 San Diego metro neighborhoods, this area maintains above-average occupancy fundamentals with neighborhood-level occupancy at 95.6%. The property's 1978 construction year aligns with the neighborhood average of 1979, positioning the asset for targeted renovations and value-add opportunities while maintaining consistency with surrounding building stock.
Demographics within a 3-mile radius show a stable renter base with 53.7% of housing units occupied by renters. Household income growth of 35.1% over five years has strengthened the tenant pool, while projected household formation of 29.9% through 2028 indicates expanding rental demand. The area's median contract rent of $1,850 reflects competitive pricing power, with forecasted rent growth of 32.8% over the next five years supporting revenue potential.
Amenity density supports tenant appeal, with the neighborhood ranking in the 76th percentile nationally for overall amenities. Grocery stores (4.19 per square mile) and restaurants (16.75 per square mile) provide strong convenience factors, while childcare facilities rank in the 97th percentile nationally, appealing to the area's family-oriented demographics with average household sizes of 3.2 people.
The neighborhood's safety profile presents mixed indicators that warrant careful monitoring. Property crime rates show improvement with a 13.7% year-over-year decline, while violent crime decreased 18.6% over the same period. However, the area ranks 164th out of 621 San Diego metro neighborhoods for overall crime, placing it in the 39th percentile nationally.
Current crime metrics indicate property offense rates of approximately 1,209 incidents per 100,000 residents and violent crime at 367 incidents per 100,000 residents. While both categories show declining trends, investors should consider these baseline levels when evaluating tenant retention and insurance costs relative to other metro submarkets.
The property benefits from proximity to major San Diego employers, supporting workforce housing demand and commute convenience for tenants. Key corporate anchors within reasonable commuting distance include technology, energy, and healthcare companies that drive regional employment stability.
- Sysco — food service distribution (11.7 miles)
- Nrg Energy — energy services (14.4 miles)
- Gilead Sciences — biotechnology (14.9 miles)
- Qualcomm — telecommunications technology (15.7 miles)
- Qualcomm — telecommunications technology (16.2 miles) — HQ
This 27-unit property presents a value-add opportunity in a stable Urban Core neighborhood with strong occupancy fundamentals. The 1978 construction year creates renovation potential while neighborhood-level occupancy of 95.6% demonstrates consistent tenant demand. Projected household growth of 29.9% through 2028 within a 3-mile radius supports expanding rental demand, while the high renter concentration of 68% indicates a mature rental market with limited ownership competition.
Commercial real estate analysis from WDSuite indicates favorable rent growth prospects, with forecasted increases of 32.8% over five years supporting revenue expansion potential. The property's location provides access to major San Diego employers including Qualcomm headquarters, while strong amenity density in the 76th percentile nationally supports tenant retention and lease-up velocity.
- Strong neighborhood occupancy at 95.6% with high renter concentration supporting stability
- Value-add potential from 1978 construction year aligned with neighborhood average
- Projected 29.9% household growth through 2028 expanding tenant base
- Proximity to major employers including Qualcomm headquarters supporting workforce housing demand
- Risk consideration: Mixed safety profile requires monitoring of crime trends and insurance costs