| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 81st | Good |
| Demographics | 43rd | Poor |
| Amenities | 66th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1050 Vale Terrace Dr, Vista, CA, 92084, US |
| Region / Metro | Vista |
| Year of Construction | 1974 |
| Units | 24 |
| Transaction Date | --- |
| Transaction Price | $820,000 |
| Buyer | OWNERSHIP NAME INFORMATION |
| Seller | --- |
1050 Vale Terrace Dr Vista Multifamily Investment Opportunity
Neighborhood occupancy is exceptionally tight and renter concentration is above most areas nationally, supporting stable leasing conditions, according to CRE market data from WDSuite. In a high-cost ownership market within San Diego County, multifamily assets in Vista tend to draw consistent renter demand and retention.
B+ neighborhood fundamentals and a rank of 208 out of 621 place the area as competitive among San Diego–Chula Vista–Carlsbad neighborhoods. The submarket profile skews Inner Suburb, with restaurants, groceries, parks, and pharmacies scoring above national averages, while cafes are comparatively limited. Average school ratings track below national norms, which can influence family renter segments and leasing strategy.
Occupancy at the neighborhood level is at the top of the metro (ranked 1 of 621), indicating limited available units and supporting rent durability; this refers to neighborhood occupancy, not the property itself. Renter-occupied housing accounts for a higher share than in most U.S. neighborhoods, expanding the local tenant base and aiding absorption during turns. Median contract rents benchmark in the upper quartile nationally, signaling pricing power balanced against income levels.
Within a 3-mile radius, demographic statistics indicate recent softness in population and households but a projected increase in households over the next five years, alongside a modest decrease in average household size. For investors, this points to a potentially larger tenant base and more renters entering the market, which can support occupancy stability even as household composition shifts.
Home values sit well above national norms, typical for coastal Southern California, which reinforces renter reliance on multifamily housing. Combined with neighborhood-level housing tightness and NOI per unit metrics that rank above the national midpoint, the setup favors steady demand with operational focus on retention and measured rent growth.
Relative to U.S. neighborhoods, safety indicators here trend below national averages, with both property and violent offense rates in lower national percentiles. Within the San Diego–Chula Vista–Carlsbad metro, the neighborhood ranks 527 out of 621 for crime, placing it toward the higher-crime end of the region. Investors typically underwrite for enhanced on-site management, lighting, and access controls, and monitor citywide trend lines rather than block-level variation.
The employment base mixes biotech, energy, food distribution, and wireless technology, supporting workforce housing demand and commuter convenience for renters working at nearby campuses.
- Gilead Sciences — biotech/pharma (3.9 miles)
- NRG Energy — energy (7.7 miles)
- Sysco — foodservice distribution (21.4 miles)
- Qualcomm — wireless & semiconductors (21.6 miles) — HQ
- Celgene Corporation — biotech/pharma (22.4 miles)
1050 Vale Terrace Dr is a 24-unit asset built in 1974, older than the neighborhood average construction year. That vintage can translate to value‑add potential through targeted exterior/interior upgrades and system modernization, while capital planning should account for aging components. Neighborhood occupancy is among the tightest in the metro and renter concentration is higher than most U.S. areas, supporting tenant depth and lease-up resilience; these occupancy metrics reflect the neighborhood, not the property. Elevated ownership costs in North County San Diego further reinforce rental demand and retention.
Within a 3-mile radius, projections point to an increase in households and slightly smaller household sizes over the next five years, implying a larger tenant base and more renters entering the market. Median contract rent levels sit in the upper quartile nationally, yet rent-to-income indicators are near national midpoints, suggesting room for disciplined revenue management. According to WDSuite’s commercial real estate analysis, the area’s amenity mix (especially parks and daily needs retail) and proximity to diversified employers support durable renter demand, with underwriting attention warranted for safety and school-quality considerations.
- Tight neighborhood occupancy and above-average renter concentration support stable leasing and retention
- 1974 vintage offers value-add upside with interior refresh and system upgrades, balanced by capex planning
- Elevated ownership costs in coastal San Diego bolster multifamily demand and pricing power
- Employer proximity across biotech, energy, distribution, and wireless supports a diversified renter base
- Risks: below-average safety metrics and weaker school ratings may require enhanced management and targeted marketing