| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 76th | Fair |
| Demographics | 43rd | Poor |
| Amenities | 66th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 12817 Mapleview St, Lakeside, CA, 92040, US |
| Region / Metro | Lakeside |
| Year of Construction | 1987 |
| Units | 64 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
12817 Mapleview St Lakeside Multifamily Investment
This 64-unit property in San Diego County's Lakeside neighborhood benefits from strong rental demand, with neighborhood occupancy at 93.9% and renter-occupied units comprising 58.3% of local housing stock.
The Lakeside neighborhood ranks in the top quartile nationally for amenity access and demonstrates solid fundamentals for multifamily investment. With a B rating among 621 metro neighborhoods, the area maintains 93.9% occupancy and median rents of $1,781, positioning it competitively within the San Diego market. The neighborhood's 58.3% rental share ranks in the 93rd national percentile, indicating strong structural rental demand that supports occupancy stability.
Demographics within a 3-mile radius show a stable tenant base with median household income of $98,015 and projected growth to $131,130 by 2028. The area's household count is forecast to increase 33.7% over the next five years, expanding the renter pool from approximately 6,100 to 7,500 units. This demographic expansion, according to CRE market data from WDSuite, supports sustained rental demand in a market where median home values of $517,752 keep many households in the rental market.
The property's 1987 construction year aligns with the neighborhood average, indicating consistent building stock that may present value-add renovation opportunities for investors seeking to differentiate units or command premium rents. Local amenities include above-average grocery store density (82nd national percentile) and strong park access (88th national percentile), supporting tenant retention through lifestyle convenience.
Safety metrics present mixed signals that require careful consideration in investment underwriting. The neighborhood ranks 401st among 621 San Diego metro neighborhoods for overall crime, placing it in the 27th national percentile. Property offense rates are estimated at 2,529 incidents per 100,000 residents, while violent crime rates stand at 726 per 100,000 residents, both requiring monitoring for tenant retention and insurance considerations.
Positively, violent crime trends show a 9.3% year-over-year decrease, suggesting improving conditions. Investors should factor current safety metrics into lease management strategies and consider security enhancements as part of any value-add program to support tenant satisfaction and renewal rates.
The property benefits from proximity to major San Diego employers, supporting workforce housing demand and commute convenience for tenants.
- Sysco — food distribution services (9.4 miles)
- L-3 Telemetry & RF Products — defense & aerospace technology (13.1 miles)
- Qualcomm — telecommunications technology (16.4 miles) — HQ
- Sempra Energy — utilities & energy services (17.5 miles) — HQ
This 64-unit property offers exposure to San Diego County's expanding rental market, with neighborhood fundamentals supporting occupancy stability and tenant retention. The area's 93.9% occupancy rate and 58.3% rental tenure share create a stable operating environment, while projected household growth of 33.7% over five years indicates expanding demand depth. The 1987 construction vintage presents value-add opportunities through strategic renovations that could capture rent premiums in a market where median rents have grown 56% over the past five years.
Demographic trends favor sustained rental demand, with median household income projected to increase 33.8% to $131,130 by 2028, supporting rent growth potential. Commercial real estate analysis from WDSuite indicates the neighborhood's amenity density and employment proximity provide competitive advantages for tenant attraction and retention in the broader San Diego market.
- Strong rental market fundamentals with 93.9% neighborhood occupancy
- Projected 33.7% household growth expanding tenant base through 2028
- Value-add renovation potential in 1987-vintage property
- Proximity to major San Diego employers including Qualcomm and Sempra Energy
- Risk consideration: Below-average safety metrics require monitoring and potential security investments