| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 84th | Best |
| Demographics | 51st | Fair |
| Amenities | 80th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 5669 Amaya Dr, La Mesa, CA, 91942, US |
| Region / Metro | La Mesa |
| Year of Construction | 1990 |
| Units | 24 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
5669 Amaya Dr, La Mesa CA Multifamily Opportunity
Neighborhood-level occupancy is exceptionally tight and renter demand is reinforced by high-cost homeownership in San Diego County, according to WDSuite s CRE market data. This points to durable leasing and pricing power for well-managed assets in La Mesa s inner-suburb location.
Located in La Mesa s Inner Suburb, the neighborhood scores A- and ranks 104 out of 621 across the San Diego Chula Vista Carlsbad metro placing it in the top quartile among metro neighborhoods. For investors, this positioning signals balanced fundamentals with solid renter interest and day-to-day convenience.
Amenity access is a clear strength: cafes and restaurants sit near the top of national comparisons, parks are abundant, and pharmacies are especially dense all supportive of resident retention and leasing velocity. Grocery access tracks above national norms as well, giving the submarket a well-rounded livability profile without relying on a downtown address.
Rents in the neighborhood trend on the higher side versus national benchmarks, while the median rent-to-income ratio is elevated. In practice, this can support revenue but calls for attentive lease management and renewal strategies to mitigate affordability pressure. Elevated home values and a high value-to-income ratio indicate a high-cost ownership market, which generally sustains reliance on multifamily housing.
The property s 1990 vintage is newer than the neighborhood average year built (1970). That relative youth can enhance competitive positioning versus older stock; however, investors should still plan for targeted modernization and systems updates as the asset approaches mid-life.
Within a 3-mile radius, demographics point to a growing population and a rising household base, with projections indicating continued expansion through 2028. This trend suggests a larger tenant base and supports occupancy stability over the hold period. The renter-occupied share within 3 miles sits near half of housing units, providing depth to the tenant pool without over-reliance on any single cohort.
Safety metrics for the neighborhood are weaker relative to the metro and nation. The area ranks 463 out of 621 among San Diego Chula Vista Carlsbad neighborhoods, placing it below the metro median and in a lower national percentile. Investors should underwrite accordingly with prudent security, lighting, and property operations.
Recent trends are mixed: estimated property offenses show a modest year-over-year improvement, while violent-offense indicators remain comparatively weak versus national benchmarks. Framing these data at the neighborhood level (not the property), the takeaway is to pair the strong occupancy fundamentals with risk controls typical for urban-adjacent San Diego submarkets.
Nearby employment anchors span defense/aerospace, energy, distribution, and technology supporting a broad workforce renter base and reasonable commute times that can aid leasing stability. Key nearby employers include L-3 Telemetry & RF Products, Sempra Energy, Sysco, Qualcomm, and Celgene.
- L-3 Telemetry & RF Products defense & aerospace offices (8.1 miles)
- Sempra Energy energy (10.5 miles) HQ
- Sysco foodservice distribution (10.8 miles)
- Qualcomm semiconductors & wireless (13.6 miles) HQ
- Celgene Corporation biopharma (14.0 miles)
This 24-unit, mid-size asset offers exposure to a top-quartile La Mesa neighborhood with extremely tight neighborhood occupancy and strong amenity access that supports lease retention. Based on CRE market data from WDSuite, elevated ownership costs in San Diego underpin renter reliance on multifamily, while the area s restaurant, cafe, park, and pharmacy density adds daily convenience that can translate to steady demand.
Built in 1990, the property is newer than much of the surrounding stock, offering competitive positioning versus older assets while still benefiting from targeted updates or value-add modernization. Within a 3-mile radius, population and household growth point to a larger tenant base ahead, supporting occupancy stability; the elevated rent-to-income backdrop, however, argues for disciplined renewal strategies and expense controls.
- Tight neighborhood occupancy and strong amenity access support retention and pricing power
- Newer 1990 vintage versus local average creates competitive edge with selective modernization upside
- High-cost ownership market reinforces sustained multifamily demand and a deep renter pool
- 3-mile population and household growth expand the tenant base, supporting long-term occupancy
- Risks: elevated rent-to-income ratios and below-metro safety positioning warrant prudent underwriting