| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 73rd | Fair |
| Demographics | 21st | Poor |
| Amenities | 43rd | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 736 Olivera St, Guadalupe, CA, 93434, US |
| Region / Metro | Guadalupe |
| Year of Construction | 2007 |
| Units | 74 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
736 Olivera St, Guadalupe CA Multifamily Investment
Neighborhood occupancy is strong and renter demand appears durable for workforce housing, according to WDSuite’s CRE market data, positioning this 2007-built, 74‑unit asset to compete against older local stock.
Guadalupe s Inner Suburb setting offers daily-life convenience more than lifestyle flair. Grocery and pharmacy access ranks well against the region, while parks, cafes, and childcare are less dense. For investors, that mix supports stable, needs-based renter demand rather than discretionary amenity-driven leasing.
The neighborhood s occupancy is competitive within the Santa Maria Santa Barbara metro, ranking 19 out of 94 neighborhoods, and sits in the top quartile nationally. This indicates dependable lease-up and renewal conditions at the neighborhood level rather than property-specific performance. Median contract rents in the area register above national norms, while rent-to-income levels suggest manageable affordability pressure that can support retention.
Tenure data shows a renter-occupied share near the mid-40% range locally (measured as the share of housing units that are renter-occupied), pointing to a meaningful tenant base and ongoing multifamily demand. With median home values elevated versus national benchmarks, ownership costs in this submarket tend to reinforce reliance on rental housing, which can aid pricing power and lease stability for professionally managed assets.
Within a 3-mile radius, recent population and household growth have expanded the renter pool, and forecasts indicate a shift toward more households even if population softens modestly a pattern consistent with smaller household sizes. For multifamily investors, this dynamic typically supports occupancy stability and steady demand for appropriately sized units. This assessment is based on multifamily property research supported by WDSuite s CRE market data.
Comparable crime rankings for this specific neighborhood are not available in the dataset provided. Investors typically benchmark neighborhood safety by reviewing city and county trend reports alongside property-level security practices and tenant feedback to understand relative positioning within the Santa Maria Santa Barbara region.
Built in 2007, the property offers a newer vintage relative to much of the local housing stock, providing competitive positioning versus older assets while leaving room for targeted modernization and systems planning over a hold period. Neighborhood occupancy trends are strong competitive among 94 metro neighborhoods and top quartile nationally which, according to CRE market data from WDSuite, supports expectations for stable leasing and renewal conditions at the neighborhood level.
Renter-occupied share in the area indicates a sizable tenant base, and elevated home values compared with national benchmarks point to a high-cost ownership market that tends to sustain multifamily demand and reduce competition from entry-level ownership. At the same time, forward-looking demographics within a 3-mile radius suggest more households even if total population moderates, implying smaller household sizes and continued demand for rental housing; investors should balance this with the submarket s lighter amenity depth in parks and cafes.
- Newer 2007 construction relative to local stock supports competitive positioning and targeted value-add
- Neighborhood occupancy ranks competitive in the metro and top quartile nationally, underpinning leasing stability
- Elevated ownership costs bolster renter reliance, aiding pricing power and renewals
- 3-mile household growth and smaller household sizes expand the renter pool and support demand
- Risks: softer lifestyle amenities (parks/cafes) and potential population moderation require focused tenant retention and asset programming