| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 85th | Best |
| Demographics | 25th | Poor |
| Amenities | 63rd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 501 Canyon Dr, Oceanside, CA, 92054, US |
| Region / Metro | Oceanside |
| Year of Construction | 2000 |
| Units | 70 |
| Transaction Date | 1994-06-30 |
| Transaction Price | $4,210,000 |
| Buyer | HARRINGTON THOMAS E |
| Seller | COLDWATER PROPERTIES INC |
This established neighborhood offers investors a compelling combination of mature infrastructure and ongoing development potential. The area features well-maintained residential streets, proximity to essential amenities, and strategic positioning relative to major transportation corridors.
Local zoning patterns suggest stable residential character while allowing for thoughtful densification opportunities. The neighborhood benefits from established utility systems, sidewalk networks, and proximity to both commercial districts and green spaces that typically appeal to long-term tenants.

The area maintains community-oriented characteristics that investors often find attractive for rental properties. Well-lit streets, established neighborhood watch programs, and regular municipal services contribute to an environment that tends to attract stable, long-term residents.
Local emergency response infrastructure appears adequate, with reasonable response times from police and fire services. The neighborhood's walkable design and active community engagement typically correlate with lower turnover rates and responsible tenant stewardship.
The broader metropolitan area hosts a diversified employment base spanning healthcare, education, professional services, and manufacturing sectors. This economic diversity can help insulate rental markets from single-industry downturns.
Major employers in the region include established healthcare systems, educational institutions, and a growing technology sector. The area's strategic location provides reasonable commuting access to multiple employment centers, which investors often view as a positive indicator for sustained rental demand.
Market fundamentals in this area suggest potential for steady appreciation and reliable rental income. The neighborhood's established character, combined with ongoing infrastructure improvements, positions properties for long-term value retention.
Key investment advantages include reasonable entry costs relative to comparable markets, established rental demand patterns, and proximity to amenities that tenants typically prioritize. The area's mature development status provides predictability while still offering opportunities for value-add improvements.
Consider this market for its balanced risk profile - established enough to provide stability, yet positioned for continued growth as regional development patterns evolve.