| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 71st | Good |
| Demographics | 52nd | Good |
| Amenities | 22nd | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 975 Academy St, Woodbridge, CA, 95258, US |
| Region / Metro | Woodbridge |
| Year of Construction | 1982 |
| Units | 20 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
975 Academy St Woodbridge Multifamily Investment
This 20-unit property built in 1982 sits in a neighborhood with 96.9% occupancy and strong violent crime reduction trends. Median household income within 3 miles reaches $87,532 with 41% of housing units renter-occupied.
The Woodbridge neighborhood demonstrates solid fundamentals for multifamily investors, ranking in the top quartile among 179 metro neighborhoods for violent crime safety (92nd national percentile). Built in 1982, this property aligns with the neighborhood's average construction year, indicating consistent building stock without immediate vintage-related capital expenditure pressures.
Neighborhood-level occupancy reaches 96.9%, ranking 46th among 179 metro neighborhoods and placing in the 83rd national percentile. Contract rents average $1,336 with 23.8% growth over five years, while the rent-to-income ratio of 0.13 suggests affordable housing costs that support tenant retention. With 19.9% of housing units renter-occupied, the area maintains a smaller but stable rental base.
Demographics within a 3-mile radius show 45,782 residents with median household income of $87,532, representing 36.7% growth over five years according to CRE market data from WDSuite. The area projects continued population growth to 48,855 by 2028, with household formation increasing by 33.5% and median income rising to $121,659. This expanding renter pool supports long-term occupancy stability.
Home values average $545,154 with 31% appreciation over five years, creating elevated ownership costs that reinforce rental demand. The neighborhood offers moderate amenity density with 0.84 grocery stores per square mile (68th national percentile) and 1.96 restaurants per square mile, though childcare and park access remain limited.
The neighborhood demonstrates strong safety fundamentals that support tenant retention and property values. Violent crime rates rank 5th lowest among 179 metro neighborhoods, placing in the 92nd national percentile nationwide. More significantly, violent crime has declined 65.2% over the past year, ranking 9th best for improvement trends among metro neighborhoods.
Property crime rates of 130.7 per 100,000 residents rank 28th among metro neighborhoods (63rd national percentile), indicating moderate property crime levels. While property crime increased 4.7% over the past year, the overall crime profile ranks 10th among 179 neighborhoods (71st national percentile), reflecting above-average safety conditions that appeal to quality tenants.
The Woodbridge area benefits from proximity to major corporate employers within commuting distance, supporting workforce housing demand from professional tenants.
- Clorox — consumer products (20.9 miles)
- DISH Network Distribution Center — telecommunications distribution (26.5 miles)
- International Paper — manufacturing (31.4 miles)
- Cardinal Health — healthcare services (31.8 miles)
- Intel Folsom FM5 — technology manufacturing (34.8 miles)
This 20-unit property built in 1982 offers investors exposure to a stable suburban rental market with strong occupancy fundamentals. The neighborhood's 96.9% occupancy rate ranks in the 83rd national percentile, while declining violent crime rates and moderate rent-to-income ratios support tenant retention. Demographics within 3 miles show household income growth of 36.7% over five years, with projections indicating continued population expansion and household formation through 2028.
The property's 1982 construction year aligns with neighborhood norms, suggesting manageable near-term capital requirements while providing potential value-add opportunities through strategic renovations. With elevated home values reinforcing rental demand and proximity to major employers including Clorox and Intel facilities, the location supports workforce housing appeal for professional tenants.
- Neighborhood occupancy of 96.9% ranks in top quintile nationally
- Violent crime declined 65.2% with 92nd percentile safety ranking
- Household income growth of 36.7% over five years supports rent growth
- 1982 vintage offers value-add renovation potential
- Risk: Limited amenity density may affect tenant appeal in competitive markets