| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 83rd | Best |
| Demographics | 60th | Fair |
| Amenities | 56th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 12345 Old Pomerado Rd, Poway, CA, 92064, US |
| Region / Metro | Poway |
| Year of Construction | 2000 |
| Units | 34 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
12345 Old Pomerado Rd, Poway CA Multifamily Investment
Neighborhood occupancy remains resilient with steady renter demand, according to WDSuite s CRE market data, supporting stable cash flow potential for a 34-unit asset in Poway. Elevated ownership costs in the area tend to keep households in rental housing longer, aiding retention.
Poway s Inner Suburb location offers balanced livability with strong everyday conveniences. Amenity access ranks 102 out of 621 metro neighborhoods (top quartile in San Diego), with restaurants and grocery options scoring in the high national percentiles, which supports renter appeal and day-to-day convenience for residents. Average school ratings are mid-range, offering a stable baseline for family-oriented demand without commanding a premium solely on school performance.
From an investment standpoint, neighborhood occupancy is high and has trended upward over the past five years, indicating durable demand relative to the metro. The share of housing units that are renter-occupied in the neighborhood is substantial, reinforcing depth in the tenant base and supporting leasing stability for multifamily assets.
Within a 3-mile radius, demographics show a slight contraction in population alongside a small increase in households, which suggests smaller household sizes and continued demand for rental units. Projections indicate households are expected to increase by 2028, supporting renter pool expansion and helping stabilize occupancy through the cycle. Household incomes in the 3-mile area skew high, strengthening the ability to support market rents and reduce turnover risk.
Home values in the neighborhood are elevated relative to national benchmarks, and the value-to-income ratio is high. In practice, this high-cost ownership market sustains rental demand and can translate to steadier lease retention and pricing power, provided operators manage renewal strategy in line with local rent-to-income dynamics.
Safety conditions register below national safety percentiles, placing the neighborhood behind many U.S. areas on crime metrics. Within the San Diego metro, crime ranks in the lower half of neighborhoods (out of 621), signaling that investors should underwrite with conservative assumptions on security, lighting, and site-level monitoring.
Recent trends are directionally constructive: both violent and property offense rates have moved lower year over year. While these improvements are encouraging, they do not yet change the comparative positioning versus safer peer neighborhoods nationally. Investors can mitigate exposure through property-level design, resident screening, and coordination with local resources.
Nearby employers provide a diversified base of logistics, life sciences, aerospace/defense, and technology roles that support commuter convenience and multifamily renter demand. The list below reflects major employers within a 10-mile commute.
- Sysco logistics & food distribution (0.8 miles)
- Qualcomm technology & wireless R&D (8.2 miles) HQ
- L-3 Telemetry & RF Products defense & aerospace (9.2 miles)
- Celgene Corporation biotech & pharmaceuticals (9.4 miles)
This 34-unit property built in 2000 is slightly newer than the neighborhood s average vintage, offering competitive positioning versus older stock while warranting a forward plan for systems modernization and select unit upgrades. Neighborhood occupancy is strong and has improved over five years, and elevated home values in Poway support continued reliance on multifamily rentals, aiding retention and pricing power when paired with disciplined lease management. According to CRE market data from WDSuite, the area s renter-occupied presence and high daily-amenity access compare favorably to many San Diego peers.
Within a 3-mile radius, households have edged higher despite a modest population dip, and projections point to more households by 2028 a setup that supports renter pool expansion and occupancy stability. Income levels are comparatively high, supporting market rents while the local rent-to-income profile suggests manageable affordability pressure for professionally operated assets.
- High neighborhood occupancy with upward trend supports stable leasing
- 2000 vintage provides competitive positioning with value-add modernization potential
- Elevated home values reinforce renter reliance on multifamily housing and retention
- 3-mile household growth outlook indicates a larger tenant base by 2028
- Risk: Safety metrics trail national peers; underwrite enhanced security and operating controls