| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 80th | Good |
| Demographics | 26th | Poor |
| Amenities | 78th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1220 Calle Jules, Vista, CA, 92084, US |
| Region / Metro | Vista |
| Year of Construction | 1979 |
| Units | 26 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1220 Calle Jules Vista Multifamily Investment (26 Units)
Neighborhood occupancy has held in the top quartile nationally and remains competitive within the San Diego–Chula Vista–Carlsbad metro, according to WDSuite’s CRE market data, supporting stable cash flow assumptions. Elevated ownership costs locally tend to sustain renter demand, which can aid pricing power and retention management.
The property sits in Vista an Urban Core neighborhood within the San Diego Chula Vista Carlsbad metro where neighborhood occupancy is strong (ranked 203 of 621), placing it competitive among metro peers and in the top quartile nationally. A high renter-occupied share of housing units (ranked 71 of 621; very high nationally) indicates a deep tenant base that generally supports leasing stability for multifamily.
Local amenities are a relative strength: restaurants and cafes rank in the mid-90s by national percentile, with groceries and parks also above the 90th percentile. These lifestyle fundamentals typically enhance renter appeal and day-to-day convenience. Childcare access is more limited within the immediate area, which may modestly affect family-oriented demand profiles.
Within a 3-mile radius, demographic data show slight population softness in recent years alongside an expected increase in households over the next five years, pointing to a larger tenant base and potential renter pool expansion. Rising incomes in the area further support rent levels, while a declining average household size suggests continued demand for well-designed one- and two-bedroom units.
Home values sit in the upper national percentiles and the value-to-income ratio is also elevated, indicating a high-cost ownership market. For investors, this context often reinforces reliance on rental housing, which can bolster lease retention and reduce turnover risk relative to lower-cost ownership markets. Median contract rents in the neighborhood are likewise above national norms, aligning with the area s income profile and amenity depth.
Vintage context: built in 1979, the asset is newer than much of the surrounding stock (local average construction year skews to the late 1960s). Investors should plan for targeted modernization of building systems and common areas to maintain competitive positioning versus both older legacy product and renovated comparables.
Safety indicators for the neighborhood track around the metro median (crime rank 319 out of 621 San Diego area neighborhoods). Compared with neighborhoods nationwide, safety scores sit below average; however, recent trend data indicate improvement in violent offenses over the past year. These are neighborhood-level readings rather than block-specific measures and should be paired with property-level diligence.
The area draws from a diverse employment base spanning life sciences, energy, technology, and distribution, supporting renter demand through commute convenience and a broad white- and blue-collar workforce. Notable nearby employers include Gilead Sciences, NRG Energy, Qualcomm, and Sysco.
- Gilead Sciences life sciences (3.8 miles)
- NRG Energy energy (7.9 miles)
- Qualcomm technology offices (21.6 miles)
- Sysco foodservice distribution (21.8 miles)
- Qualcomm technology (22.1 miles) HQ
1220 Calle Jules offers a 26 unit footprint in a neighborhood with durable renter fundamentals: strong neighborhood occupancy (competitive among 621 metro neighborhoods) and a high share of renter-occupied housing units point to depth of demand. Elevated ownership costs and upper-percentile home values further support reliance on rental housing, while amenity density (restaurants, cafes, groceries, parks) underpins leasing appeal. Based on CRE market data from WDSuite, recent softness in population is expected to give way to household growth within a 3-mile radius, which can support occupancy stability and absorption.
Constructed in 1979, the asset is newer than much of the local inventory, suggesting a path for targeted value-add: modernize interiors, building systems, and curb appeal to compete with renovated stock while capital plans address aging components. Rent-to-income dynamics and rising area incomes support ongoing rent levels, but investors should underwrite to prudent affordability management and retention strategies.
- Strong neighborhood occupancy and deep renter-occupied housing base support leasing stability.
- Amenity-rich location (dining, cafes, groceries, parks) enhances renter appeal and retention.
- High-cost ownership market sustains rental demand and pricing power potential.
- 1979 vintage offers value-add through targeted modernization and system upgrades.
- Risks: below-average national safety metrics and affordability pressure warrant conservative underwriting and proactive lease management.