| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 79th | Good |
| Demographics | 41st | Poor |
| Amenities | 78th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 207 Vista Village Dr, Vista, CA, 92083, US |
| Region / Metro | Vista |
| Year of Construction | 2000 |
| Units | 22 |
| Transaction Date | 2016-11-21 |
| Transaction Price | $557,000 |
| Buyer | PATHFINDER SILVERGATE CREEKSIDE LLC |
| Seller | THE VISTA REDEVELOPMENT AGENCY |
207 Vista Village Dr Vista Multifamily Opportunity
Neighborhood occupancy is strong and renter demand is supported by a high-cost ownership landscape, according to WDSuite s CRE market data. This asset s inner-suburb location offers durable leasing fundamentals with operational upside.
Located in Vista s inner-suburb fabric of the San Diego Chula Vista Carlsbad metro, the neighborhood is competitive among metro peers (B+ rating; rank 178 of 621) with steady renter depth and service-rich surroundings. Amenity access is a relative strength nationally, with dense restaurant, cafe, grocery, childcare, and pharmacy coverage supporting daily convenience and leasing appeal.
Renter-occupied share in the neighborhood is elevated at 58.1%, indicating a deep tenant base for multifamily demand rather than ownership turnover. Neighborhood occupancy has been high (96.8%) and trending up over the past five years, supporting cash flow stability and reducing lease-up risk during normal turnover cycles.
Within a 3-mile radius, demographics show a modest population dip in recent years but a projected expansion ahead, alongside a sizeable increase in households and slightly smaller average household sizes. This combination typically points to a larger renter pool and supports occupancy stability as more households form without necessarily shifting to ownership.
Home values are elevated relative to national norms, which can sustain reliance on multifamily housing and aid pricing power and retention. Median asking rents are also above national benchmarks; operators should monitor affordability pressure and renewals while leveraging the area s amenity density and commuter connectivity.
Safety trends are mixed and warrant active management. Relative to 621 metro neighborhoods, the area sits below the metro median for safety (crime rank 366 of 621). Nationally, crime indicators signal elevated risk compared with safer neighborhoods, but recent momentum is constructive.
Year-over-year, violent incidents are trending down (approximately a mid-teens decline) and property offenses have eased modestly, according to CRE market data from WDSuite. Operators should budget for lighting, access controls, and partnership with local patrols while recognizing improving directionality.
Proximity to life sciences, energy, and logistics employers supports a stable renter base and convenient commutes for workforce tenants. The list below highlights nearby corporate offices most likely to influence leasing and retention in this submarket.
- Gilead Sciences biotech/pharma (3.0 miles)
- NRG Energy energy (6.4 miles)
- Qualcomm communications & semiconductors (21.0 miles) HQ
- Sysco food distribution (21.2 miles)
- Celgene Corporation biotech (21.7 miles)
Built in 2000, the property is newer than the neighborhood s 1970s-vintage average, offering a competitive edge versus older stock while leaving room for targeted modernization of systems and finishes to enhance rent positioning. High neighborhood occupancy and a renter-occupied share near six-tenths suggest a durable tenant base and steady lease rollover performance.
Elevated home values in the area reinforce rental demand, while strong amenity density and access to major employers support retention. According to WDSuite s commercial real estate analysis, neighborhood occupancy outperforms many national benchmarks, and forward 3-mile household growth projections point to renter pool expansion that can underpin long-term cash flow, with affordability management remaining a key operating lever.
- Newer 2000 vintage versus local 1970s average supports competitive positioning
- High neighborhood occupancy and elevated renter-occupied share support cash flow stability
- Elevated ownership costs reinforce multifamily demand and pricing power
- Amenity-rich location and proximity to major employers bolster leasing and retention
- Risks: below-metro-median safety and affordability pressure require active management