| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 84th | Best |
| Demographics | 51st | Fair |
| Amenities | 80th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 5609 Amaya Dr, La Mesa, CA, 91942, US |
| Region / Metro | La Mesa |
| Year of Construction | 1990 |
| Units | 48 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
5609 Amaya Dr La Mesa Multifamily Investment
Neighborhood-level occupancy is exceptionally tight and renter demand is resilient in this inner-suburban pocket of La Mesa, according to WDSuite’s CRE market data. Investors evaluating stabilized cash flow potential may find the area’s deep tenant base and amenity access supportive of lease retention.
This Inner Suburb neighborhood ranks 104 out of 621 across the San Diego metro, placing it in the top quartile among metro neighborhoods for overall performance. Amenity access is a clear strength: cafes and restaurants score near the top of national distributions, with pharmacies and parks also concentrated at levels that compare favorably nationwide. These locational dynamics support day-to-day convenience and can aid leasing velocity and retention.
At the neighborhood level (not the property), occupancy is extremely tight and has recently led the metro, reinforcing expectations for stable renter demand and limited near-term competitive vacancy risk. Median asking rents in the area trend on the higher side for the region, while the value-to-income environment indicates a high-cost ownership market; together this typically sustains reliance on multifamily rentals and can support pricing power when managed carefully, based on commercial real estate analysis from WDSuite.
Within a 3-mile radius, the population has expanded recently and is projected to grow further over the next five years, with households also increasing. This implies a larger tenant base and supports occupancy stability. Renter-occupied housing accounts for roughly half of units in the 3-mile area today, indicating depth for workforce and market-rate demand even as ownership remains accessible for some cohorts.
The property’s 1990 vintage is newer than the neighborhood’s average construction year (1970). That positioning often helps compete against older stock, though investors should underwrite potential modernization of interiors and building systems to meet current renter expectations.
Safety conditions in the neighborhood compare below both metro and national averages. Relative rankings place the area in a weaker cohort among the 621 San Diego metro neighborhoods and in a lower national percentile for safety, so investors should plan for appropriate security measures and resident communications as part of property operations.
Recent trends are mixed: estimated property offenses have edged down year over year, while estimated violent offenses have increased. These dynamics warrant ongoing monitoring and coordination with local resources. As always, safety metrics reflect neighborhood-level patterns rather than conditions specific to this property.
The employment base spans defense/aerospace, utilities, food distribution, semiconductors, and biotech within commuting range, supporting renter demand through diversified job centers.
- L-3 Telemetry & RF Products — defense & aerospace offices (8.0 miles)
- Sempra Energy — utilities (10.3 miles) — HQ
- Sysco — food distribution (10.8 miles)
- Qualcomm — semiconductors & wireless (13.6 miles) — HQ
- Celgene Corporation — biotechnology (13.9 miles)
5609 Amaya Dr offers 48 units averaging ~807 square feet in an amenity-rich, inner-suburban pocket where neighborhood-level occupancy is exceptionally tight and renter demand is durable. The 1990 construction is newer than much of the surrounding housing stock, suggesting competitive positioning versus older assets, with scope to capture value through targeted interior updates and systems modernization. Elevated home values and a high value-to-income backdrop in the neighborhood reinforce reliance on rentals and can support pricing power when balanced against resident affordability.
Within a 3-mile radius, recent population growth and a projected increase in households point to a larger tenant base and support for occupancy stability over the medium term. According to CRE market data from WDSuite, neighborhood amenities and metro connectivity compare favorably, while rent levels and rent-to-income dynamics call for careful lease management to sustain retention. Safety metrics at the neighborhood level trail metro and national benchmarks, which investors should address through operating plans rather than underwriting upside.
- Tight neighborhood occupancy supports income stability and lowers near-term vacancy risk
- 1990 vintage offers competitive position versus older stock with value-add modernization potential
- High-cost ownership market reinforces renter reliance, aiding pricing power when managed prudently
- 3-mile population and household growth expand the tenant base and support leasing
- Risks: below-average neighborhood safety and rent-to-income pressure require active management