| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 78th | Fair |
| Demographics | 38th | Poor |
| Amenities | 60th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 9119 Jamacha Rd, Spring Valley, CA, 91977, US |
| Region / Metro | Spring Valley |
| Year of Construction | 2001 |
| Units | 116 |
| Transaction Date | 1998-11-30 |
| Transaction Price | $500,000 |
| Buyer | SAN MARTIN 2020 LP |
| Seller | MAAC SAN MARTIN DE PORRES LLC |
9119 Jamacha Rd, Spring Valley CA Multifamily Investment
Neighborhood multifamily occupancy ranks first among 621 metro neighborhoods, signaling durable renter demand in this Spring Valley pocket, according to WDSuite’s CRE market data. Elevated ownership costs in San Diego County further support leasing stability relative to nearby for-sale options.
Located in San Diego County’s Urban Core, the neighborhood rates B- and sits above the metro median (rank 299 of 621), suggesting balanced fundamentals that can support consistent leasing. Median home values sit in a high-cost ownership market (top decile nationally), which tends to reinforce renter reliance on multifamily housing and can aid retention and pricing power when managed carefully.
Everyday convenience is a relative strength: grocery and pharmacy access track in the top quartile nationally, and restaurant density is also strong. However, parks and cafes are limited locally, which may temper some lifestyle appeal; owners can offset this by emphasizing on-site amenities and resident programming. Average school ratings in the area are below national norms, so family-oriented demand may be price- and quality-sensitive.
The asset’s 2001 construction is newer than the neighborhood average vintage (1978), providing a competitive edge versus older stock. Investors should still plan for modernization of interiors and selective systems updates to position against renovated comparables and support rent trade‑outs.
Tenure patterns indicate a meaningful renter-occupied base within a 3-mile radius (about one‑third of housing units are renter-occupied), pointing to an established tenant pool and depth for workforce housing. Within the same 3-mile radius, households have grown even as population edged down slightly, implying smaller household sizes and a gradual expansion of the renter pool; this backdrop can support occupancy stability and steady renewal performance.
Safety indicators trail national averages in this neighborhood, with violent and property offense rates placing below typical U.S. percentiles. Within the metro, the area ranks 375 out of 621 neighborhoods, indicating it is below the metro midpoint on safety.
Recent trend data shows property offenses declining year over year, which is a constructive directional signal. Owners often address safety perception through lighting, access controls, and partnerships with local resources; underwriting should reflect prudent operating practices and potential spend for security-related enhancements.
Proximity to major employers supports a broad commuter tenant base and helps underpin retention through commute convenience. Key nearby employers include Sempra Energy, L-3 Telemetry & RF Products, Sysco, and Qualcomm.
- Sempra Energy — utilities (9.0 miles)
- Sempra Energy — utilities (9.3 miles) — HQ
- L-3 Telemetry & RF Products — defense & aerospace (10.7 miles)
- Sysco — foodservice distribution (15.6 miles)
- Qualcomm — telecommunications & semiconductors (16.9 miles) — HQ
9119 Jamacha Rd is a 116‑unit, early‑2000s community positioned in a high-cost ownership market where neighborhood multifamily occupancy ranks first among 621 metro neighborhoods. Based on CRE market data from WDSuite, strong grocery/pharmacy access and broad employer coverage help support renter demand, while the 2001 vintage offers relative competitiveness versus older local stock with potential to capture value through targeted renovations.
Within a 3‑mile radius, households have increased even as population was roughly flat to slightly down, indicating smaller household sizes and a gradually expanding renter pool. This, combined with rent-to-income levels that suggest manageable affordability pressure for the area, points to steady renewal potential. Key risks include below-average school ratings, limited parks/cafes, and safety metrics that trail national benchmarks; underwriting should incorporate prudent capital for modernization and resident experience measures.
- Newer 2001 construction versus the neighborhood 970s average supports competitive positioning
- Neighborhood occupancy ranks 1 of 621, supporting leasing stability and renewal rates
- High-cost ownership market sustains multifamily demand and pricing power when managed carefully
- Household growth within 3 miles points to a larger tenant base over time
- Risks: below-average school ratings, limited park/cafe access, and below-median safety metrics