| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 76th | Fair |
| Demographics | 23rd | Poor |
| Amenities | 47th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1810 C Ave, National City, CA, 91950, US |
| Region / Metro | National City |
| Year of Construction | 2000 |
| Units | 38 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1810 C Ave National City Multifamily Investment
This 38-unit property built in 2000 benefits from elevated home values that sustain rental demand in a neighborhood with 77% renter-occupied units, according to CRE market data from WDSuite.
Located in National City's urban core, this neighborhood ranks 480th among 621 San Diego metro neighborhoods, with a C rating reflecting competitive fundamentals for multifamily investors. Built in 2000, the property is significantly newer than the neighborhood's 1968 average construction year, positioning it favorably for reduced near-term capital expenditure needs and stronger competitive appeal among area rental stock.
The neighborhood demonstrates strong renter concentration at 77% of housing units, ranking in the top quartile nationally and indicating deep rental demand that supports occupancy stability. Neighborhood-level occupancy trends at 91.4% align closely with metro averages, while median contract rents of $1,451 rank in the 76th percentile nationally, reflecting solid pricing power. Demographics within a 3-mile radius show 65% renter-occupied units and household growth of 4.1% over five years, expanding the tenant base and supporting sustained multifamily demand.
Home values in the neighborhood reach a median of $1.27 million, ranking among the top metro areas and creating a substantial barrier to homeownership that reinforces reliance on rental housing. The value-to-income ratio ranks in the 99th percentile nationally, indicating that elevated ownership costs sustain rental demand and support tenant retention. Local amenities include above-average density of childcare facilities and grocery stores, ranking in the 97th and 92nd percentiles respectively, which enhance tenant appeal and retention potential.
The neighborhood's crime profile ranks 445th among 621 San Diego metro neighborhoods, placing it in the 25th percentile nationally. Property crime rates of 812 incidents per 100,000 residents rank in the 27th percentile nationally, while violent crime rates of 255 per 100,000 residents rank in the 17th percentile. Recent trends show property crime increasing 6.5% year-over-year and violent crime rising 76.9%, indicating elevated risk management considerations for tenant retention and property operations.
The submarket benefits from proximity to major corporate employers that provide workforce housing demand, with energy, technology, and financial services companies anchoring regional employment within commuting distance.
- Sempra Energy — energy utility (4.4 miles)
- Wells Fargo ATM — financial services (4.9 miles)
- Sempra Energy — energy utility (5.1 miles) — HQ
- L-3 Telemetry & RF Products — defense & aerospace (10.9 miles)
- Qualcomm — technology (16.8 miles) — HQ
This National City property offers exposure to San Diego's rental market through a newer asset in a high-renter neighborhood supported by substantial ownership cost barriers. The 2000 construction year provides competitive advantages over the area's aging housing stock while limiting immediate capital expenditure requirements. According to multifamily property research from WDSuite, the neighborhood's 77% renter concentration ranks in the top quartile nationally, indicating deep rental demand that supports occupancy stability and lease retention.
Demographic trends within a 3-mile radius show household growth expanding the tenant base, while median home values exceeding $1.27 million create significant barriers to homeownership that sustain rental demand. The property's 38-unit scale provides operational efficiency while remaining manageable for hands-on investors seeking value-add opportunities in an established urban core location with above-average amenity access.
- Newer construction (2000) versus neighborhood average (1968) reduces capital expenditure risk
- Top quartile renter concentration (77%) nationally supports occupancy stability
- Elevated home values ($1.27M median) sustain rental demand and tenant retention
- Growing household base within 3-mile radius expands tenant pool
- Risk: Crime trends show recent increases requiring active property management focus