| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 80th | Best |
| Demographics | 40th | Fair |
| Amenities | 26th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1510 W Center St, Manteca, CA, 95337, US |
| Region / Metro | Manteca |
| Year of Construction | 1992 |
| Units | 54 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1510 W Center St, Manteca CA — 54-Unit Multifamily (1992)
Neighborhood occupancy trends in the low-to-mid 90% range and a renter-occupied share near half point to steady leasing fundamentals, according to WDSuite s CRE market data.
This Inner Suburb location in Manteca balances suburban living with access to the Stockton metro. Neighborhood rents track on the higher side relative to many U.S. areas and have grown over the past five years, supporting revenue potential for stabilized multifamily assets. The neighborhood s renter-occupied share is in the upper ranges locally, indicating a deeper tenant base and durability of demand across cycles.
Amenity access is mixed. Dining density is moderate compared with national patterns, while pharmacies are abundant (competitive nationally), which supports daily-needs convenience. By contrast, neighborhood counts of cafes, groceries, and parks rank near the bottom of Stockton s 179 neighborhoods, so residents may rely more on nearby corridors rather than walking for lifestyle amenities.
School quality indicators trend below the national median, which can influence unit mix strategy and renewal expectations for family households. Still, elevated neighborhood home values relative to U.S. norms and a higher value-to-income landscape reinforce renter reliance on multifamily housing, which can aid retention and pricing power when managed carefully.
Within a 3-mile radius, demographics show recent population and household growth with projections pointing to further expansion by mid-decade. Rising median incomes and an expanding middle- to upper-income cohort broaden the qualified renter pool, while a rent-to-income profile that sits around the high teens suggests manageable affordability pressure and supports occupancy stability.
Safety indicators are mixed when viewed against national and metro benchmarks. Overall crime positioning trends below the national median, while certain property and violent offense measures sit around mid-range nationally. Recent year-over-year changes indicate some volatility, so investors may want to monitor updated neighborhood-level trends and engage with local management practices that emphasize lighting, access control, and resident engagement.
Within the Stockton, CA metro (179 neighborhoods), the neighborhood s crime standing is not among the top quartile for safety, indicating it is more comparable to mid-pack areas in the region rather than the metro s lowest-incidence clusters. As always, underwriting should reflect security planning and insurance considerations appropriate for an inner-suburban asset.
Proximity to regional employers supports commuter convenience and a broad renter base, led by consumer products, retail headquarters, energy, and medical technology offices listed below.
- Clorox D consumer products offices (3.96 miles)
- Ross Stores D retail HQ (36.1 miles) D HQ
- The Clorox Company D corporate offices (37.2 miles)
- Chevron D energy HQ (39.45 miles) D HQ
- Boston Scientific D Building 5 D medtech offices (44.1 miles)
1510 W Center St offers 54 units built in 1992, giving it a slightly newer profile than much of the surrounding housing stock. That vintage provides competitive positioning versus older product, while still allowing for targeted value-add through unit refreshes and systems modernization as part of capital planning. According to CRE market data from WDSuite, neighborhood occupancy is in the low-to-mid 90% range with rents elevated relative to many U.S. neighborhoods, reinforcing stable cash flow potential when paired with disciplined lease management.
Local fundamentals point to durable demand: the neighborhood s renter concentration underpins a deeper tenant base, 3-mile demographics indicate ongoing population and household growth with rising incomes, and elevated for-sale home values in the area sustain reliance on rental housing. Amenity access is weighted toward daily-needs pharmacies, with fewer lifestyle amenities in immediate walking distance Da factor best addressed through marketing and resident services. Safety metrics are mixed and have shown recent volatility, warranting sensible underwriting and onsite security practices.
- 1992 vintage D competitive versus older stock, with value Dadd potential via interior updates and system upgrades
- Neighborhood occupancy in the low-to-mid 90% range supports steady leasing and retention
- Elevated local home values reinforce renter demand and pricing power
- 3-mile population and household growth expand the qualified renter pool
- Risks: mixed safety trends and fewer walkable amenities; mitigate via security measures and targeted resident programming