| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 76th | Fair |
| Demographics | 40th | Poor |
| Amenities | 45th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 111 Taylor St, Vista, CA, 92084, US |
| Region / Metro | Vista |
| Year of Construction | 1986 |
| Units | 50 |
| Transaction Date | --- |
| Transaction Price | $2,871,200 |
| Buyer | PRESIDIO VILLAS LLC |
| Seller | FRANDSEN FAMILY TRUST |
111 Taylor St, Vista CA Multifamily Investment
Positioned in Vista within North County San Diego, this 50-unit, 1986-vintage asset offers scale with 903 sq. ft. average unit sizes and exposure to a deep renter base, according to WDSuite’s CRE market data.
Vista’s neighborhood indicators point to stable renter demand with investor-relevant strengths and a few watch items. Neighborhood rents benchmark in the upper range nationally, while the share of housing units that are renter-occupied is elevated, supporting depth of the tenant base at the submarket level. By contrast, neighborhood occupancy (measured for the neighborhood, not this property) sits below the metro median, underscoring the importance of active leasing and retention strategy.
Local amenity access is mixed: grocery availability is comparatively strong for the area, while cafes, parks, and pharmacies are sparser within the immediate neighborhood footprint. Schools average roughly 3.0 out of five (slightly above the national median), which can appeal to households seeking larger floor plans and proximity to family services.
From an income perspective, neighborhood home values are elevated versus national norms, which tends to sustain reliance on rental options and can support pricing power for well-positioned assets. Rent-to-income ratios in the neighborhood track lower than much of the nation, a favorable sign for lease retention and collections management.
Performance metrics compare well within the metro: neighborhood NOI per unit ranks competitive among San Diego-Chula Vista-Carlsbad neighborhoods and in the top quartile nationally, signaling that well-operated multifamily can perform. Overall neighborhood rating trends in the mid-tier (C+), with demographic indicators around the national middle.
Within a 3-mile radius, demographics show a large, diversified population and steady household counts, with forecasts calling for growth in both households and incomes over the next five years. This points to a gradual expansion of the renter pool and supports occupancy stability for quality multifamily stock.
Safety indicators for the neighborhood compare below the metro median (crime rank is toward the lower end among 621 San Diego-Chula Vista-Carlsbad neighborhoods) and fall into a lower national percentile versus neighborhoods nationwide. This suggests investors should underwrite to prudent security, lighting, and property management practices.
Recent year-over-year movement shows some volatility in violent incidents at the neighborhood level, while property offenses have been relatively steady. As always, block-level conditions can vary; investors typically focus on practical mitigants such as access control, visibility, and resident engagement to support leasing and retention.
Proximity to life sciences, energy, and logistics employers supports a steady commuter tenant base and helps retention for workforce housing. Key nearby employers include Gilead Sciences, NRG Energy, Qualcomm, Sysco, and Celgene Corporation.
- Gilead Sciences — biopharma (3.2 miles)
- NRG Energy — energy services (8.1 miles)
- Qualcomm — wireless & semiconductors (23.1 miles) — HQ
- Sysco — food distribution (23.1 miles)
- Celgene Corporation — biopharma (23.8 miles)
111 Taylor St offers immediate scale in North County San Diego with 50 units averaging 903 sq. ft., positioning the asset to capture family and roommate demand. Built in 1986—older than the neighborhood’s average vintage—this property presents clear value-add and capital planning angles to modernize interiors, systems, and common areas to compete against newer stock. According to CRE market data from WDSuite, neighborhood rents trend in the upper range nationally, while neighborhood occupancy trails the metro median—an underwriting reminder to emphasize leasing execution and retention programs.
Investor context is balanced: a high renter-occupied share at the neighborhood level supports a deep tenant base; elevated home values in the area tend to reinforce reliance on rentals; and neighborhood NOI per unit performance is competitive within the metro and top quartile nationally. Within a 3-mile radius, forecasts call for growth in households and incomes over the next five years, which expands the renter pool and supports long-run pricing power for well-located, well-managed multifamily.
- 1986 vintage creates identifiable value-add and systems-upgrade potential versus newer neighborhood stock
- Larger average unit sizes (903 sq. ft.) align with family and roommate demand profiles
- Elevated neighborhood renter-occupied share indicates depth of tenant base and leasing durability
- 3-mile household and income growth outlook supports occupancy stability and long-run pricing
- Risk: neighborhood occupancy is below the metro median—plan for active leasing, renewal management, and targeted capex