| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 77th | Fair |
| Demographics | 20th | Poor |
| Amenities | 60th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1055 W San Ysidro Blvd, San Ysidro, CA, 92173, US |
| Region / Metro | San Ysidro |
| Year of Construction | 1988 |
| Units | 74 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1055 W San Ysidro Blvd Multifamily Investment, San Ysidro CA
Neighborhood occupancy is steady and renter demand is deep, according to WDSuite’s CRE market data, supporting a defensible position for a 74-unit asset built in 1988 with potential modernization upside.
This Urban Core neighborhood in San Diego County rates B- overall and shows resilient renter demand. Neighborhood occupancy is 95.9% and ranks above the metro median among 621 neighborhoods, indicating stable lease-up and retention dynamics for well-managed assets based on WDSuite’s commercial real estate analysis.
Livability drivers are solid: grocery access sits in the top quartile nationally, with parks and restaurants also testing well versus U.S. peers. Cafés are comparatively dense, though pharmacy access is limited, which can affect convenience expectations for residents. The neighborhood 019s average construction vintage is 1978; at 1988, this property is newer than the local stock, offering relative competitiveness while still warranting selective system updates or common-area refresh to sustain positioning.
Renter-occupied share is high at the neighborhood level (renter concentration ranks 73rd out of 621), placing it in the top quartile among metro neighborhoods. For investors, that implies a broad tenant base and durable demand for multifamily units. Median contract rents in the neighborhood sit in a higher national bracket with notable five-year growth, reinforcing pricing power for maintained and upgraded properties.
Demographic statistics are aggregated within a 3-mile radius: total population has edged down slightly while households increased, and projections show further household growth alongside smaller average household sizes. This combination typically expands the renter pool and supports occupancy stability even if population growth is modest.
Ownership costs are elevated relative to incomes (value-to-income ranks in a high national percentile), signaling a high-cost ownership market. In practice, that sustains renter reliance on multifamily housing and can aid lease retention for competitively priced, well-operated communities.
Safety indicators track below national averages, with the neighborhood 2019s crime profile ranking in the lower tiers nationally. Within the San Diego-Chula Vista-Carlsbad metro, its crime rank sits below the metro median among 621 neighborhoods, suggesting investors should incorporate prudent security measures and thoughtful site operations.
That said, recent data show a year-over-year decline in property offenses, an encouraging directional trend. Positioning security, lighting, and access controls as part of capital plans can help support tenant retention and mitigate risk over the hold period.
The area draws on a diversified employment base spanning energy infrastructure, aerospace/defense, life sciences, and technology, which supports commuter convenience and multifamily leasing fundamentals.
- Sempra Energy — energy infrastructure (11.6 miles)
- L-3 Telemetry & RF Products — defense & aerospace offices (18.5 miles)
- Celgene Corporation — biotechnology (23.9 miles)
- Qualcomm — semiconductors & wireless (24.4 miles) — HQ
- Sysco — foodservice distribution (25.9 miles)
1055 W San Ysidro Blvd is a 74-unit, 1988-vintage asset positioned in a renter-heavy Urban Core neighborhood where occupancy trends remain above the metro median. The property 2019s vintage skews younger than nearby stock, providing relative competitiveness with practical avenues for value-add through targeted modernization of interiors and building systems. According to CRE market data from WDSuite, neighborhood rents sit in a higher national bracket and have grown meaningfully over five years, while high local ownership costs reinforce sustained rental demand.
Within a 3-mile radius, households have increased despite modest population drift, and forecasts point to further household growth with smaller household sizes — dynamics that typically expand the renter base and support occupancy stability. Strong grocery and park access, plus proximity to major employers across energy, defense, biotech, and tech, underpins tenant appeal. Key risks include below-average safety benchmarks and affordability pressure (elevated rent-to-income), warranting disciplined operations and rent management.
- Occupancy above metro median supports leasing stability
- 1988 vintage is newer than local stock, with value-add potential via targeted upgrades
- High-cost ownership market sustains renter demand and retention
- Household growth and smaller sizes expand the renter pool within 3 miles
- Risks: below-average safety metrics and affordability pressure require prudent management