| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 69th | Good |
| Demographics | 50th | Good |
| Amenities | 42nd | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 3266 Blue Ridge Cir, Stockton, CA, 95219, US |
| Region / Metro | Stockton |
| Year of Construction | 1979 |
| Units | 26 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
3266 Blue Ridge Cir Stockton Multifamily Investment
Stabilizing renter demand and a high-cost ownership backdrop support leasing durability near Stockton s Urban Core, according to WDSuite s CRE market data. For investors, the 26-unit scale provides operational flexibility with potential to enhance yield through targeted upgrades.
This Urban Core neighborhood carries a B+ rating and sits above the metro median overall (rank 56 of 179), signaling balanced fundamentals for workforce-oriented multifamily. Neighborhood occupancy is near the metro norm and has edged higher over the past five years, supporting day-to-day leasing stability rather than volatile swings.
Renter concentration is elevated: the share of housing units that are renter-occupied is competitive among Stockton neighborhoods (rank 26 of 179, top quartile) and strong versus national peers. For investors, that depth of the tenant base typically supports steady traffic and renewal opportunities, especially for well-managed mid-size assets.
Local convenience is a mixed but investable profile. Caf e9 and grocery density score competitively within the metro (caf e9 rank 6 of 179; grocery rank 60), while parks and pharmacies are comparatively limited within immediate blocks. That pattern points to everyday retail access but fewer recreational amenities close by a manageable consideration for leasing positioning.
Within a 3-mile radius, population and household counts have been expanding and are projected to continue growing through the next five years, indicating a larger tenant base ahead. Median household incomes have risen alongside contract rents, suggesting room for measured pricing while keeping an eye on affordability pressure and retention strategies.
Home values in the neighborhood trend on the higher side for the metro, creating a high-cost ownership market that tends to sustain demand for rental housing. With neighborhood rent-to-income levels around typical regional norms, operators can focus on resident experience and lease management to support occupancy and renewal outcomes.
Safety indicators are below the metro average, with the neighborhood ranked 107 out of 179 Stockton-area neighborhoods. Compared with neighborhoods nationwide, metrics fall in the lower third, so investors should underwrite proactive security measures and resident communication to support retention.
Recent trends are mixed: estimated property offenses have eased year over year, while violent offense estimates have increased. A cautious, well-lit, and staffed operating plan often standard in Urban Core settings can help manage risk and resident perception without overrelying on block-level assumptions.
Nearby employment anchors span consumer goods, retail headquarters, logistics, and energy, supporting a diverse commuter base that can reinforce renter demand and lease retention. The list below highlights major employers within a commutable radius relevant to workforce housing at this address.
- Clorox consumer goods (11.8 miles)
- Ross Stores retail headquarters (35.8 miles) HQ
- DISH Network Distribution Center logistics & distribution (36.1 miles)
- The Clorox Company corporate offices (37.2 miles)
- Chevron energy corporate offices (37.3 miles) HQ
Built in 1979, the property offers classic-vintage bones suitable for value-add and capital planning from interior updates to common-area enhancements to improve competitive positioning against newer stock. Neighborhood fundamentals show steady occupancy and a strong renter-occupied share, while elevated ownership costs in Stockton s Urban Core tend to reinforce reliance on multifamily housing. Based on CRE market data from WDSuite, nearby rents and incomes have risen, supporting disciplined pricing strategies with attention to affordability and retention.
Within a 3-mile radius, population and household growth point to a gradually expanding renter pool, and proximity to diversified employers underpins day-to-day leasing. Key risks include below-average safety metrics and limited recreational amenities nearby, suggesting the need for active on-site management and resident experience programming.
- 1979 vintage enables targeted value-add and systems upgrades to enhance rentability and NOI
- Renter-occupied share is in the top tier locally, supporting tenant depth and renewal potential
- High-cost ownership context in Stockton helps sustain multifamily demand and pricing power
- 3-mile population and household growth expand the tenant base, aiding occupancy stability
- Risks: safety metrics below metro average and fewer nearby parks/pharmacies call for proactive management