| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 85th | Best |
| Demographics | 63rd | Good |
| Amenities | 13th | Poor |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 11010 Sunset Trl, Santee, CA, 92071, US |
| Region / Metro | Santee |
| Year of Construction | 2012 |
| Units | 80 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
11010 Sunset Trl Santee, CA Multifamily Investment
Neighborhood occupancy remains resilient and renter demand is supported by a high-cost ownership backdrop, according to WDSuite’s CRE market data. The property’s 2012 vintage positions it competitively versus older local stock, aiding leasing stability.
Situated in Santee’s Inner Suburb, the area shows solid operating fundamentals for apartments. Neighborhood occupancy is above the metro median among 621 San Diego neighborhoods, supporting steady collections and retention. With median home values elevated relative to national norms, the ownership market is high-cost, which tends to sustain rental demand and pricing power for well-managed assets.
Within a 3-mile radius, demographics indicate modest population growth and a notable increase in households, pointing to a larger tenant base over the medium term. Household incomes are comparatively strong, and the neighborhood’s renter-occupied share is moderate, suggesting depth for market-rate demand while limiting oversaturation risk. According to CRE market data from WDSuite, neighborhood rents benchmark high versus national levels, so lease management should monitor affordability to preserve renewal velocity.
Amenity density is limited for retail and daily-needs services in the immediate area, but park access rates well compared with national neighborhoods, providing outdoor recreation options that support livability. Average school ratings are in the mid-range, which aligns with stable family-oriented demand typical of inner suburban San Diego.
Construction trends favor newer assets locally: the subject’s 2012 vintage is newer than the neighborhood’s typical year (1992). For investors, that generally means stronger competitive positioning versus older stock and potentially reduced near-term capital expenditure, while still planning for mid-life system updates and cosmetic refreshes to maintain rent premiums.
Safety performance is mixed. The neighborhood sits below the national median on crime when compared to neighborhoods nationwide, yet recent year-over-year trends indicate improvement in both violent and property offense estimates. For investors, this suggests monitoring remains prudent, but the direction of change is favorable.
Relative positioning within the San Diego metro is competitive rather than top-tier, and performance can vary by micro-area. Owners can support resident retention and reputation by maintaining visible on-site management practices and partnering with community resources as trends continue to improve.
The employment base within a commutable radius blends logistics, defense technology, utilities, semiconductors, and biopharma — a diversified set of industries that can support renter demand and lease stability for workforce and professional tenants.
- Sysco — food distribution (9.0 miles)
- L-3 Telemetry & RF Products — defense & aerospace (10.3 miles)
- Sempra Energy — utilities (14.3 miles) — HQ
- Qualcomm — semiconductors (14.5 miles) — HQ
- Celgene Corporation — biopharma (15.2 miles)
This 80-unit, 2012-vintage community offers a competitive position in an Inner Suburb of the San Diego metro, where neighborhood occupancy trends are above the metro median and home values are elevated versus national benchmarks. Newer construction relative to nearby stock (typical 1992) can reduce near-term capital needs and enhance leasing versus older comparables, while still budgeting for mid-life building systems and selective upgrades to sustain premiums. According to CRE market data from WDSuite, high neighborhood rent benchmarks and a moderate renter-occupied share point to durable demand with prudent attention to affordability and renewal strategy.
Within a 3-mile radius, modest population growth and a notable rise in households indicate a larger renter pool over the next cycle, complemented by a diversified employment base across logistics, defense technology, utilities, semiconductors, and biopharma. Amenity density is lighter for retail services locally, but park access and suburban fundamentals support family-oriented tenancy and occupancy stability.
- 2012 vintage outcompetes older neighborhood stock, supporting rent attainment and reduced near-term capex
- Neighborhood occupancy above metro median among San Diego subareas underpins cash flow stability
- High-cost ownership market reinforces renter reliance and pricing power when managed against affordability
- 3-mile household growth and diversified nearby employers expand the tenant base over time
- Risks: lighter retail amenity density and safety metrics below the national median warrant active management and resident engagement