| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 78th | Good |
| Demographics | 34th | Poor |
| Amenities | 0th | Poor |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 300 S Ivy St, Escondido, CA, 92025, US |
| Region / Metro | Escondido |
| Year of Construction | 1980 |
| Units | 56 |
| Transaction Date | --- |
| Transaction Price | $3,175,000 |
| Buyer | OWNERSHIP NAME INFORMATION |
| Seller | --- |
300 S Ivy St Escondido Multifamily Investment
Positioned in Escondido’s urban core, this 56-unit asset benefits from a high renter concentration and steady neighborhood occupancy, according to WDSuite’s CRE market data. Thoughtful capital planning could translate local demand fundamentals into durable cash flow, based on disciplined commercial real estate analysis.
The immediate neighborhood scores above the national average for multifamily fundamentals, with occupancy trending strong and rents positioned in the upper national range, based on CRE market data from WDSuite. Renter-occupied housing is prevalent at the neighborhood level, indicating a deeper tenant base and supporting leasing stability across cycles.
Local amenity density measured within the neighborhood footprint is limited in WDSuite’s dataset (cafes, groceries, restaurants, parks, and pharmacies register low counts), so resident appeal may rely more on the broader Escondido core. For investors, this typically places emphasis on onsite features, management quality, and access to major corridors to sustain retention.
Ownership costs in the area are elevated relative to national norms, and neighborhood home values rank high nationally. That dynamic generally sustains reliance on rental housing, which can support pricing power and reduce concessions risk when operations are well managed.
Within a 3-mile radius, demographics show households increasing even as average household size trends lower, pointing to more, smaller households entering the market. This pattern can expand the renter pool and support occupancy, with projected gains in household counts reinforcing demand for professionally managed multifamily product.
Safety metrics for the neighborhood trail national averages, and the area does not rank among the stronger performers within the San Diego–Chula Vista–Carlsbad metro. National percentiles indicate lower relative safety for both property and violent offenses compared with neighborhoods nationwide, according to WDSuite’s data.
Investors typically account for this by enhancing lighting and access controls, partnering with community resources, and aligning security protocols with property positioning. Monitoring year-over-year trends remains important during hold to support retention and protect NOI.
Proximity to regional employers supports workforce-driven renter demand and commute convenience for residents. Notable nearby employment nodes include food distribution, energy, biotech, and wireless technology offices referenced below.
- Sysco — food distribution (12.8 miles)
- NRG Energy — energy (13.9 miles)
- Gilead Sciences — biotech (14.0 miles)
- Qualcomm — wireless technology (16.5 miles)
- Celgene Corporation — biotech (18.2 miles)
300 S Ivy St offers an investor-friendly mix of neighborhood demand drivers: strong renter concentration, occupancy above national averages, and ownership costs that keep many households in the rental market. According to CRE market data from WDSuite, neighborhood occupancy is solid and median rents are positioned in the upper national range, supporting lease-up and renewal strategies when paired with disciplined operations.
Built in 1980, the asset presents value-add and capital planning opportunities typical for its vintage—select interior renovations, common-area updates, and systems modernization can improve competitive positioning versus newer stock. Within a 3-mile radius, households are increasing and average household size is declining, which can enlarge the tenant base and support occupancy stability over the hold period.
- High renter-occupied share at the neighborhood level underpins depth of demand and leasing durability.
- Elevated ownership costs locally support renter reliance and potential pricing power for well-managed assets.
- 1980 vintage allows targeted value-add (interiors, amenities, building systems) to enhance NOI and competitiveness.
- 3-mile household growth and smaller household sizes signal a broader renter pool and support occupancy.
- Risks: lower relative safety metrics and limited measured on-foot amenities require stronger onsite experience and active management.