| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 74th | Good |
| Demographics | 71st | Best |
| Amenities | 42nd | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1718 Sylvan Way, Lodi, CA, 95242, US |
| Region / Metro | Lodi |
| Year of Construction | 1989 |
| Units | 80 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1718 Sylvan Way, Lodi CA Multifamily Investment
Inner-suburb location with steady neighborhood occupancy and strong household incomes supports durable renter demand, according to WDSuite’s CRE market data. The area’s quality schools and elevated rent levels point to stable leasing conditions without relying on speculative assumptions.
Located in Lodi’s inner-suburb fabric of the Stockton metro, the neighborhood scores an A and ranks 18 out of 179 metro neighborhoods, placing it well above the metro median and competitive for multifamily. Restaurants and parks are accessible (both in the 80s nationally by amenity percentile), while childcare density is a relative strength. Cafes, groceries, and pharmacies are sparser locally, so residents typically use nearby corridors for daily needs.
Neighborhood occupancy is 92.7%, a level that supports income stability for professionally managed assets. Median contract rents are about $1,940 with solid five-year growth, indicating renters are willing to pay for location and school quality. Local NOI per unit averages around $7,700, offering a useful operating benchmark for underwriting and expense discipline.
Tenure patterns show a moderate renter-occupied share (39.3%), signaling a meaningful but not saturated tenant base—helpful for absorption without excessive turnover risk. Within a 3-mile radius, population and households have inched higher in recent years and are projected to expand further by 2028, pointing to a larger renter pool and potential support for occupancy and rent growth. Elevated home values relative to incomes indicate a high-cost ownership market, which can sustain reliance on multifamily housing and support lease retention.
Education quality stands out: the average school rating is near the top of Stockton’s neighborhoods and in the top quartile nationally, a factor that tends to underpin family-oriented renter demand. Taken together—and based on commercial real estate analysis from WDSuite—these fundamentals frame a neighborhood with durable demand drivers and workable operating metrics for investors targeting stabilized or light value-add strategies.
Safety indicators are mixed when viewed in context. The neighborhood sits around the national middle on overall safety and is on the less favorable side within the Stockton metro (ranked in the lower third among 179 neighborhoods). Property crime levels compare weaker nationally but improved meaningfully over the last year, while violent offense measures trend better than national averages but ticked up year over year. For investors, this suggests monitoring trend direction and property-level controls rather than assuming block-level uniformity.
Proximity to diversified employers supports commuter convenience and broad renter demand, including household products, logistics, paper & packaging, healthcare distribution, and healthcare services. The following anchors are within driving distance and help stabilize leasing.
- Clorox — household products (18.2 miles)
- DISH Network Distribution Center — telecom logistics (29.3 miles)
- International Paper — paper & packaging (34.0 miles)
- Cardinal Health — healthcare distribution (34.6 miles)
- Xerox State Healthcare — healthcare services (35.8 miles)
1718 Sylvan Way offers an 80-unit footprint in a neighborhood that ranks strongly within the Stockton metro, with occupancy around 92.7% and rents that have advanced materially over five years. Household incomes are robust and rent-to-income levels sit near the national mid-range, which can aid retention while still allowing disciplined revenue management. Based on CRE market data from WDSuite, education quality and amenity access (notably restaurants, parks, and childcare) further support steady renter demand alongside a moderate renter concentration.
Within a 3-mile radius, population and household counts are projected to grow through 2028, indicating renter pool expansion that can support occupancy stability and measured rent growth. Elevated ownership costs relative to incomes reinforce the role of multifamily housing, while local NOI-per-unit benchmarks near $7,700 provide useful guardrails for underwriting and expense planning. Key risks include mixed safety signals and thinner coverage for certain daily-needs amenities, both manageable with prudent operations and marketing.
- Competitive neighborhood rank (18 of 179) with stable 92.7% occupancy supporting income durability
- Elevated rents and strong school ratings underpin consistent leasing and family-oriented demand
- Strong household incomes and mid-range rent-to-income support retention and pricing discipline
- 3-mile population and household growth outlook points to a larger tenant base by 2028
- Risks: mixed safety trends and limited nearby daily-needs retail; mitigate with security, marketing, and resident services