| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 83rd | Best |
| Demographics | 59th | Fair |
| Amenities | 59th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 13093 Linnie Ln, Poway, CA, 92064, US |
| Region / Metro | Poway |
| Year of Construction | 2000 |
| Units | 65 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
13093 Linnie Ln Poway Multifamily Opportunity
In a high-cost ownership pocket of Poway, steady neighborhood occupancy and an owner-leaning housing mix point to durable renter demand, according to WDSuite’s CRE market data.
Located in suburban Poway within the San Diego-Chula Vista-Carlsbad metro, the neighborhood carries an A- rating and performs above the metro median on several housing fundamentals. Neighborhood occupancy is strong (ranked 139 out of 621 metro neighborhoods), making it competitive among San Diego neighborhoods and in the top quartile nationally for stability, which supports lease retention and pricing discipline for multifamily assets.
The housing stock skews primarily owner-occupied, with a renter-occupied share around the lower third of the metro distribution. For investors, this owner tilt often translates to a reliable but finite renter pool and less direct competition from large multifamily clusters, favoring stabilized operations for well-located communities.
Within a 3-mile radius, incomes are high and rent burdens are manageable by regional standards, reinforcing collections and renewal potential. While the population dipped in recent years, projections indicate modest population growth alongside a notable increase in households and a smaller average household size over the next five years; this combination typically expands the renter pool and supports occupancy stability. Grocery, restaurant, and daily-needs access is broadly adequate for a suburban node (amenities track near national mid-to-upper ranges), though large parks are less concentrated immediately nearby.
Home values rank in the top decile nationally, indicating a high-cost ownership market. For multifamily owners, elevated entry costs for ownership tend to sustain reliance on rental housing, deepening the qualified tenant base and reinforcing retention for well-managed properties.
Safety signals are mixed. Relative to 621 metro neighborhoods, the area’s crime rank (146) places it below the metro median for safety, and national percentiles indicate performance below national norms. However, recent trends show improvement: violent offense rates and property-related incidents have moved downward year over year, suggesting a constructive trajectory rather than a deterioration.
For investors, the key takeaway is directional improvement amid historically elevated property crime. Prudent asset management — lighting, access controls, and coordination with local policing resources — can help mitigate risk and support resident retention.
Proximity to major employers supports commuter convenience and reinforces renter demand, particularly among professionals in distribution, technology, aerospace/defense, biopharma, and utilities.
- Sysco — foodservice distribution (1.46 miles)
- Qualcomm — wireless & semiconductors (9.97 miles) — HQ
- L-3 Telemetry & RF Products — defense & aerospace (10.68 miles)
- Celgene Corporation — biopharma (11.22 miles)
- Sempra Energy — energy utility (17.76 miles) — HQ
Built in 2000, this 65-unit asset is newer than the neighborhood’s mid-1990s average, offering competitive positioning versus older stock while leaving room for targeted modernization of interiors and building systems. High neighborhood occupancy, an owner-leaning housing mix, and elevated home values collectively support a durable tenant base and leasing stability. Based on commercial real estate analysis from WDSuite, the area’s rent-to-income dynamics and income profile point to solid payment capacity and renewal potential.
Within a 3-mile radius, projections call for modest population growth but a more pronounced increase in households and smaller average household size — a pattern that typically expands the renter pool and sustains occupancy. The employment base within a short drive spans tech, defense, and life sciences, which diversifies demand. Risks include historically elevated property crime (albeit improving) and thinner immediate park access; both warrant routine operating focus without undermining the core fundamentals.
- Newer 2000 vintage vs. local 1990s stock; room for targeted value-add
- Strong neighborhood occupancy and owner-leaning area support stable leasing
- High-cost ownership market reinforces renter reliance and retention
- Diverse nearby employers (tech/defense/biopharma) underpin demand
- Risks: historically elevated property crime and limited immediate parks; monitor and mitigate via operations