| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 76th | Fair |
| Demographics | 40th | Poor |
| Amenities | 45th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 950 Taylor St, Vista, CA, 92084, US |
| Region / Metro | Vista |
| Year of Construction | 1989 |
| Units | 64 |
| Transaction Date | --- |
| Transaction Price | $192,000 |
| Buyer | OWNERSHIP NAME INFORMATION |
| Seller | --- |
950 Taylor St, Vista CA Multifamily Investment
Neighborhood data points to durable renter demand supported by a high renter-occupied share and elevated ownership costs, according to WDSuite’s CRE market data. The submarket’s fundamentals favor steady leasing with prudent asset management.
Located in Vista within the San Diego–Chula Vista–Carlsbad metro, the neighborhood trends as an Inner Suburb with a C+ rating among 621 metro neighborhoods. Amenity access is above the metro median by rank, with grocery options and restaurants comparing well to peers, while parks, pharmacies, and cafes are limited nearby—an operational consideration for marketing and resident services.
The neighborhood’s renter-occupied share is high (top quartile nationally), indicating a deep tenant base and consistent multifamily usage. By contrast, neighborhood occupancy levels sit below national norms, suggesting that effective leasing, renewals, and asset-specific positioning will be important to sustain performance relative to the metro.
Home values are elevated versus much of the country (top quartile nationally), which typically sustains reliance on rental housing and supports pricing power for well-managed properties. Average school ratings in the area are modestly above national medians, which can aid family-oriented retention, while investors should underwrite thoughtfully for competitive positioning on finishes and amenities.
Within a 3-mile radius, demographics indicate a stable resident base with projections for population growth and a notable increase in households over the next five years, pointing to a larger tenant pool. Income distributions are skewing higher in the forecast, which can support rent levels for assets that meet local quality expectations. These dynamics, based on CRE market data from WDSuite, favor consistent renter demand with careful attention to affordability and lease management.
Safety indicators are below the metro median versus other San Diego-area neighborhoods (ranked against 621 neighborhoods) and track below national norms. Recent trends show a modest uptick in reported offenses year over year. Investors should plan for standard safety measures, property lighting, and resident engagement to support retention and leasing.
Positioning the asset with visible onsite management, access control, and partnership with local community resources can help mitigate risk and align the property with renter expectations in the submarket.
Proximity to life sciences, energy, and technology employers supports commuter convenience and broad renter demand for workforce and professional households. The following nearby employers anchor the area’s employment base:
- Gilead Sciences — biotech (4.1 miles)
- NRG Energy — energy (8.6 miles)
- Qualcomm — wireless & semiconductors (22.8 miles) — HQ
- Celgene Corporation — biotech (23.6 miles)
- L-3 Telemetry & RF Products — defense electronics (28.4 miles)
950 Taylor St presents a 64-unit 1989-vintage multifamily asset in Vista, positioned to serve a renter base that is concentrated and sustained by a high-cost ownership landscape. Within a 3-mile radius, projections point to population growth and a sizable increase in households, expanding the renter pool and supporting occupancy stability for well-managed assets. According to CRE market data from WDSuite, neighborhood rent levels compare favorably within the metro context, while overall occupancy trends underscore the need for disciplined leasing and retention strategies.
The 1989 vintage suggests potential value-add through targeted renovations and systems upgrades to compete against newer stock while managing capital outlays. Elevated home values relative to incomes reinforce rental demand, and proximity to diversified employers supports leasing depth across workforce and professional segments. Key risks include neighborhood safety indicators below metro medians and softer occupancy versus national norms, warranting prudent underwriting and operational focus.
- Concentrated renter base and elevated ownership costs support sustained multifamily demand
- 3-mile projections show population and household growth, expanding the tenant pool
- 1989 vintage offers value-add and modernization opportunities to enhance competitiveness
- Access to biotech, energy, and tech employment underpins leasing depth
- Risks: below-metro safety indicators and softer neighborhood occupancy require disciplined operations