| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 83rd | Best |
| Demographics | 60th | Fair |
| Amenities | 56th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 12547 Oak Knoll Rd, Poway, CA, 92064, US |
| Region / Metro | Poway |
| Year of Construction | 1987 |
| Units | 26 |
| Transaction Date | --- |
| Transaction Price | $1,883,500 |
| Buyer | OWNERSHIP NAME INFORMATION |
| Seller | --- |
12547 Oak Knoll Rd Poway Multifamily Investment
Neighborhood occupancy remains in the upper tier nationally and renter demand is supported by a meaningful renter-occupied housing base, according to WDSuite’s CRE market data. The San Diego metro location adds depth to the tenant pool while positioning for durable leasing performance.
Poway’s Inner Suburb setting delivers daily convenience and steady renter appeal for a 26-unit asset of this vintage. The neighborhood holds an A- rating and ranks 118 out of 621 San Diego neighborhoods — top quartile in the metro — which aligns with resilient leasing conditions and broad amenities coverage.
Amenity access is a strength: cafes are top quartile among 621 metro neighborhoods, while restaurants and grocery options are competitive among San Diego neighborhoods. Parks rank competitively as well, supporting livability, while fewer nearby pharmacies may require slightly longer trips for prescriptions.
For investors focused on demand depth, neighborhood occupancy is strong and above metro medians, and approximately 46% of housing units are renter-occupied — a renter concentration that supports a stable tenant base and reduces reliance on one-off lease-ups. Rents have trended upward over the last five years, and national percentiles for housing and amenities sit in the 80s, signaling a solid fundamentals profile without outsized concessions.
Home values are elevated (high 90s nationally), typical of a high-cost ownership market. That context tends to reinforce reliance on multifamily rentals and can aid lease retention and pricing power, especially for well-located assets. Average school ratings sit in the competitive tier locally, offering a pragmatic draw for family renters without overpaying solely for schools.
Within a 3-mile radius, incomes are high and rising, while average household size is trending smaller. Even with modest population drift, the projected increase in household counts indicates a larger tenant base over time, supporting occupancy stability and renewal potential.
Safety indicators in this neighborhood sit below national averages overall, placing it beneath the metro median. Recent readings, however, show year-over-year declines in estimated violent and property offense rates, suggesting conditions have been improving rather than deteriorating.
In context of the 621 San Diego neighborhoods, this area is around the middle of the pack. For underwriting, weigh today’s below-average safety positioning against improving trends and the submarket’s strong occupancy and income fundamentals noted elsewhere.
Nearby employers provide a diverse base of renters and commute convenience, led by food distribution, wireless technology, life sciences, aerospace, and utilities. These anchors help support leasing stability and renewal prospects.
- Sysco — food distribution (0.98 miles)
- Qualcomm — wireless technology (8.76 miles) — HQ
- L-3 Telemetry & RF Products — defense & aerospace (9.84 miles)
- Celgene Corporation — biopharma (10.01 miles)
- Sempra Energy — utilities (17.03 miles) — HQ
Built in 1987, this 26-unit property in Poway pairs a strong neighborhood profile with value-add potential. The asset is older than the local average construction year, which argues for targeted capital planning and modernization; that investment can position the property competitively against newer stock while leveraging stable neighborhood occupancy and a meaningful renter base. According to commercial real estate analysis from WDSuite, the area’s high-cost ownership landscape and upper-tier occupancy support durable cash flows when operations are managed proactively.
Within a 3-mile radius, high and rising incomes and a projected increase in household counts — despite slightly smaller household sizes and modest population drift — point to a broader tenant base and support for occupancy stability. Proximity to major employers adds leasing durability, while the property’s larger average unit size can appeal to households seeking space, aiding retention.
- Strong neighborhood standing (top quartile among 621 metro neighborhoods) and upper-tier occupancy support stable leasing
- High-cost ownership market reinforces multifamily demand and can aid rent growth management and renewals
- 1987 vintage offers clear value-add and systems modernization angles to enhance competitive positioning
- Diverse nearby employers (tech, aerospace, utilities, distribution) underpin renter demand and retention
- Risks: safety metrics below national averages and modest population drift; underwrite with prudent expense, marketing, and renewal strategies