| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 77th | Fair |
| Demographics | 52nd | Fair |
| Amenities | 59th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 9103 Cambon St, Spring Valley, CA, 91977, US |
| Region / Metro | Spring Valley |
| Year of Construction | 2009 |
| Units | 44 |
| Transaction Date | 2008-10-09 |
| Transaction Price | $145,000 |
| Buyer | RANCHO LINDO PARTNERS |
| Seller | SELF HELP ENTERPRISES |
9103 Cambon St Spring Valley 2009 Multifamily
Newer construction relative to the neighborhood’s 1970s housing stock positions this asset competitively, with stable renter demand supported by above-average neighborhood occupancy, according to WDSuite’s CRE market data.
Located in Spring Valley—an inner-suburban pocket of the San Diego metro—this address benefits from everyday convenience rather than destination retail. Neighborhood data indicate strong proximity to groceries, parks, childcare, and restaurants (competitive nationally), while cafes and pharmacies are thinner. For investors, that mix tends to support day-to-day livability and retention even without marquee nightlife.
The area’s renter-occupied share is roughly one-third of housing units within a 3-mile radius, signaling an owner-leaning neighborhood but with a meaningful tenant base. In practice, that often translates to steadier multifamily demand rather than highly transient turnover, especially when paired with neighborhood occupancy that trends above national norms.
Home values in the neighborhood sit on the higher end relative to national benchmarks, which points to a high-cost ownership market. For multifamily operators, elevated ownership costs can sustain reliance on rental housing and help support pricing power, though lease management should balance rent growth with local affordability pressure.
Demographic statistics aggregated within a 3-mile radius show a modest population dip in recent years alongside a slight increase in household counts—a pattern consistent with smaller household sizes and diversified household composition. Forward-looking projections call for growth in households and income levels with a gradual shift toward a larger renter pool, which typically supports occupancy stability and a deeper tenant base over time based on CRE market data from WDSuite.
Vintage and competitive positioning: Built in 2009, the property is newer than the neighborhood’s average 1970s housing stock. That generally offers competitive appeal versus older product and may reduce near-term capital exposure, while still warranting planning for mid-life system updates and selective modernization to meet current renter expectations.
Schools and family appeal: Average school ratings in the neighborhood trend below national norms. Operators targeting family renters may prioritize in-unit functionality and community amenities to offset school quality perceptions and support leasing velocity.
Safety indicators for the neighborhood are mixed. Within the San Diego–Chula Vista–Carlsbad metro, the area is competitive among 621 neighborhoods by rank, while national comparisons show below-average safety levels overall. For investors, this suggests diligent on-site management, lighting, and access controls can be important for resident confidence and retention.
Recent trends provide additional context: neighborhood data show a year-over-year decline in violent offense rates, while property offense measures have been more stable with a slight uptick. Framing the risk comparatively—rather than block by block—supports realistic underwriting and appropriate security planning without overstating conditions.
Proximity to regional employers underpins commuter convenience and supports renter demand at workforce to professional income levels. Key nearby nodes include Sempra Energy, L-3 Telemetry & RF Products, Sysco, and Qualcomm.
- Sempra Energy — energy & utilities offices (9.0 miles)
- Sempra Energy — energy & utilities offices (9.4 miles) — HQ
- L-3 Telemetry & RF Products — defense & aerospace (11.3 miles)
- Sysco — foodservice distribution (16.4 miles)
- Qualcomm — wireless technology (17.5 miles) — HQ
9103 Cambon St offers a 2009-vintage multifamily asset in an inner-suburban San Diego location where neighborhood occupancy trends above national norms and everyday amenities are solid. Relative to the area’s older 1970s housing stock, the asset’s vintage provides competitive curb appeal and potential operating efficiency, with capital plans focused on mid-life systems and targeted unit refreshes rather than full rehabilitations.
The surrounding area is owner-leaning, yet elevated ownership costs reinforce renter reliance on multifamily housing. Demographic data within a 3-mile radius point to increasing household counts and income growth over time, which typically broadens the tenant base and supports absorption. According to commercial real estate analysis from WDSuite, affordability pressure warrants thoughtful rent setting and renewal strategies, but the submarket’s employer base and location fundamentals underpin resilient demand.
- 2009 construction competes well against older neighborhood stock; plan for targeted mid-life updates
- Above-national occupancy context supports leasing stability and retention
- High-cost ownership market sustains renter demand and pricing power with disciplined lease management
- Growing household counts and rising incomes within 3 miles expand the tenant base over time
- Risks: affordability pressure and below-average national safety context call for prudent underwriting and on-site security