| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 75th | Fair |
| Demographics | 90th | Best |
| Amenities | 90th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 5201 La Jolla Blvd, La Jolla, CA, 92037, US |
| Region / Metro | La Jolla |
| Year of Construction | 2000 |
| Units | 80 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
5201 La Jolla Blvd Multifamily Opportunity in La Jolla
High-income households and elevated coastal home values in the surrounding neighborhood support durable rental demand, according to WDSuite’s CRE market data, pointing to retention and pricing resilience for well-run assets.
Situated in La Jolla within the San Diego-Chula Vista-Carlsbad metro, the neighborhood scores A+ and ranks 14th among 621 metro neighborhoods, placing it among the strongest locations locally. Amenity access is a differentiator: restaurants and cafes trend in the upper national percentiles, parks density is near the top nationally, and pharmacies are readily accessible. For investors, these fundamentals typically translate to steady leasing interest and lifestyle stickiness.
Schools in the area average high ratings compared with national peers, which can support family-oriented demand. The neighborhood’s renter-occupied share is moderate at the block-cluster level, while the broader 3-mile radius skews more renter-heavy, indicating deeper tenant depth for an 80-unit property. Median contract rents and household incomes track in upper tiers for the region, while a rent-to-income ratio around the neighborhood level suggests manageable affordability pressure that can aid renewal performance.
Within a 3-mile radius (demographics aggregated), households are projected to increase over the next five years even as average household size trends smaller. This points to a larger tenant base and more renters entering the market, supporting occupancy stability and leasing velocity. Elevated home values in the immediate neighborhood indicate a high-cost ownership market, which typically sustains reliance on multifamily housing and supports pricing power when units are well maintained.
The property’s 2000 vintage is newer than the neighborhood’s average construction year from the 1980s, suggesting competitive positioning versus older stock. Investors should still plan for ongoing modernization of building systems and common areas to meet current renter expectations and to capture value-add upside where warranted.
Neighborhood-level safety metrics compare below national medians, with violent and property offenses benchmarking in lower national percentiles. Within the last year, estimated property offense rates moved lower, indicating some improvement, though levels remain an operational consideration relative to many San Diego neighborhoods. Investors typically account for this with appropriate on-site measures and resident experience management.
When evaluating risk-adjusted returns, frame safety in context: this is an urban core location with strong amenities and income profiles that support demand, but underwriting should incorporate prudent assumptions for security, insurance, and potential loss-to-lease impacts compared with top-quartile safety submarkets.
Proximity to major life sciences, wireless, utilities, and defense employers supports a diverse professional renter base and commute convenience. Notable nearby employers include Celgene, Qualcomm, L-3 Telemetry & RF Products, and Sempra Energy.
- Celgene Corporation — biotechnology (6.0 miles)
- Qualcomm — wireless R&D (7.2 miles)
- Qualcomm — wireless R&D (7.3 miles) — HQ
- L-3 Telemetry & RF Products — defense & aerospace (7.5 miles)
- Sempra Energy — utilities (8.4 miles) — HQ
5201 La Jolla Blvd offers exposure to a high-amenity, high-income coastal neighborhood where elevated ownership costs tend to sustain multifamily demand and support rent integrity. Based on CRE market data from WDSuite, the area’s schools, parks, and daily conveniences benchmark well nationally, while the 3-mile radius shows projected growth in households that can expand the renter pool and help underpin occupancy.
Built in 2000, the asset is newer than much of the surrounding housing stock, positioning it competitively against older comparables while still leaving room for targeted modernization and value-add strategies. Underwriting should acknowledge neighborhood-level safety headwinds and variable occupancy at the neighborhood scale, but the depth of the professional employment base and strong income profiles provide a durable foundation for long-term operations.
- High-income renter base and elevated home values reinforce rental demand and pricing power
- Strong lifestyle fundamentals: parks, schools, restaurants, and daily services benchmark well nationally
- 2000 vintage offers competitive positioning versus older stock and value-add potential via modernization
- 3-mile household growth outlook supports a larger tenant base and occupancy stability
- Risks: below-median safety metrics and variable neighborhood occupancy warrant prudent underwriting and operations