| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 83rd | Best |
| Demographics | 60th | Fair |
| Amenities | 56th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 12425 Oak Knoll Rd, Poway, CA, 92064, US |
| Region / Metro | Poway |
| Year of Construction | 1978 |
| Units | 56 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
12425 Oak Knoll Rd Poway Multifamily Value-Add
High neighborhood occupancy within the San Diego metro supports durable leasing and cash flow, based on CRE market data from WDSuite.
Poway’s Inner Suburb setting offers everyday convenience with strong retail and dining density nearby, including cafes and grocery options that rank competitively versus national peers. Public school ratings in the area sit modestly above national averages, which can help sustain family-oriented renter demand.
For investors, the neighborhood’s occupancy performance is strong and sits in the top quartile among 621 San Diego metro neighborhoods, indicating resilience across cycles. The share of renter-occupied housing units is elevated compared with national norms, pointing to a deep tenant base and solid demand for multifamily units.
Within a 3-mile radius, demographic data indicates a slight population contraction alongside steady to rising household counts over the forecast period, which suggests smaller household sizes and continued renter pool expansion. Household incomes are high and trending upward, supporting achievable rents without materially stressing lease retention.
Home values in the area are elevated relative to national levels, a high-cost ownership environment that tends to reinforce reliance on rental housing and can support pricing power for well-positioned assets. According to WDSuite’s commercial real estate analysis, amenity access is a relative strength, while the lack of nearby pharmacies is a minor convenience gap to monitor for resident experience.
Safety conditions here are mixed when viewed against national benchmarks: neighborhood crime indicators sit below national percentiles for safety, yet trends have improved year over year. Within the San Diego metro, the neighborhood ranks near the middle of the pack out of 621 neighborhoods, suggesting neither an outlier risk nor a notable advantage at the metro level.
For underwriting, the recent downward movement in both property and violent offense rates is constructive, but investors should still assume standard security measures and prudent operating practices given the area’s below-national safety positioning.
The area draws from a diversified employment base that supports renter demand and commute convenience, including food distribution, wireless and semiconductors, defense and aerospace, and biotech. The following nearby employers are most relevant to the resident workforce:
- Sysco — foodservice distribution (1.0 miles)
- Qualcomm — wireless & semiconductors (8.3 miles)
- Qualcomm — wireless & semiconductors (8.6 miles) — HQ
- L-3 Telemetry & RF Products — defense & aerospace (9.8 miles)
- Celgene Corporation — biotech & pharmaceuticals (9.9 miles)
12425 Oak Knoll Rd combines high neighborhood occupancy and a deep renter base with the value-add potential of a 1978 vintage asset. The submarket’s elevated home values help sustain multifamily demand and support rent positioning, while incomes within a 3-mile radius are rising, which can aid lease retention and reduce turnover volatility. According to CRE market data from WDSuite, the neighborhood’s occupancy performance outpaces national norms and ranks in the top quartile locally, reinforcing a case for stable operations.
The property’s older vintage relative to the late-1990s neighborhood average points to targeted capital planning and renovation upside to sharpen competitive positioning against newer stock. Demographic patterns show households holding steady to growing even as population dips modestly, implying smaller household sizes and continued renter pool depth for multifamily.
- High neighborhood occupancy and strong renter-occupied share support durable leasing
- 1978 vintage offers value-add and systems modernization opportunities versus newer stock
- Elevated home values reinforce reliance on rental housing and pricing power
- Household trends within 3 miles point to a sustained tenant base despite modest population softness
- Risks: below-national safety percentiles and an older asset profile require prudent operations and CapEx planning