| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 76th | Fair |
| Demographics | 43rd | Poor |
| Amenities | 66th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 10112 Ashwood St, Lakeside, CA, 92040, US |
| Region / Metro | Lakeside |
| Year of Construction | 1980 |
| Units | 66 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
10112 Ashwood St Lakeside CA Multifamily Opportunity
Neighborhood renter demand is supported by a high share of renter-occupied housing and steady occupancy, according to WDSuite s CRE market data. This inner-suburban San Diego location offers durable leasing fundamentals relative to broader metro alternatives.
Located in Lakeside within the San Diego-Chula Vista-Carlsbad metro, the neighborhood carries a B rating and functions as an inner suburb with practical access to daily needs. Grocery and park access test well versus national peers (both in the top quartile nationally), while cafes are limited, suggesting a convenience-first amenity mix rather than lifestyle retail clustering.
For investors, neighborhood occupancy is above the national median and has been broadly stable over the last five years, which supports cash flow resilience through cycles. Renter-occupied housing represents a majority of units at the neighborhood level, indicating depth in the tenant base rather than reliance on a thin renter pool.
Within a 3-mile radius, demographics point to a stable population today with a projected expansion in the next five years, alongside a forecast increase in households. This implies a larger local renter pool over the medium term, which can aid occupancy stability and leasing velocity as new households enter the market.
Home values are elevated for the region and nationally, and median contract rents are also above national norms. In investor terms, a high-cost ownership market tends to sustain reliance on multifamily housing, while a rent-to-income profile near regional norms supports pricing without sharply elevating retention risk. School ratings are around the national midpoint, which aligns more with workforce-oriented demand than premium school-driven leasing.
Safety indicators for the neighborhood trail national benchmarks, placing it below the metro median among 621 San Diego-area neighborhoods. However, recent trends are mixed: estimated violent offense rates have improved year over year, while property-related incidents showed a modest uptick. Investors should underwrite accordingly by prioritizing security features, lighting, and operational practices that support resident retention.
Proximity to major employers supports workforce housing demand and commute convenience, with nearby logistics, aerospace/defense, life sciences, and energy anchors that can aid leasing stability. The list below reflects the closest concentrations referenced here.
- Sysco food distribution (9.4 miles)
- L-3 Telemetry & RF Products defense & aerospace (12.9 miles)
- Qualcomm technology offices (16.3 miles) HQ
- Celgene Corporation biopharma (17.2 miles)
- Sempra Energy energy infrastructure (17.4 miles) HQ
This 66-unit asset in Lakeside benefits from a renter-oriented neighborhood profile, steady occupancy above the national median, and proximity to diversified employment nodes across logistics, aerospace, technology, and energy. Based on CRE market data from WDSuite, neighborhood rents and incomes sit above national medians, suggesting durable demand in a high-cost ownership market that can support lease retention and measured pricing power.
Forward-looking demographics within a 3-mile radius indicate population growth and a notable increase in households, reinforcing the depth of the tenant base over the medium term. Amenity access leans toward essentials (groceries, parks, pharmacies), aligning with workforce housing demand characteristics and supporting day-to-day livability that can aid retention.
- Renter-occupied concentration at the neighborhood level supports a deep tenant base and occupancy stability.
- Occupancy sits above the national median with five-year stability, underpinning consistent cash flows.
- Essentials-first amenity access and diversified nearby employers align with workforce housing demand.
- 3-mile demographic outlook points to a larger renter pool, which can aid leasing velocity over time.
- Risks: safety metrics trail national benchmarks and lifestyle retail is limited; plan for security and targeted upgrades to support retention.