| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 68th | Poor |
| Demographics | 38th | Poor |
| Amenities | 66th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 425 W Chestnut St, Dixon, CA, 95620, US |
| Region / Metro | Dixon |
| Year of Construction | 1977 |
| Units | 28 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
425 W Chestnut St Dixon, CA Multifamily Investment
Neighborhood occupancy is resilient and renter concentration provides a stable tenant base, according to WDSuite’s CRE market data, supporting consistent leasing for a 28-unit asset in suburban Solano County.
The property sits in a suburban pocket of Dixon within the Vallejo, CA metro where the neighborhood earns a B+ rating and ranks 34 out of 98 neighborhoods — competitive among Vallejo neighborhoods. Occupancy in the neighborhood tracks above the metro median and is strong versus many U.S. locations (top quartile nationally), a positive signal for minimizing downtime between turns.
Livability is supported by everyday amenities: parks, restaurants, pharmacies, and cafes index in the upper half nationally, indicating convenient local services without relying on long commutes. Average school ratings trend below national norms, which may influence family renter preferences; investors should frame marketing toward workforce households and convenience-oriented renters rather than school-driven demand.
Home values in the neighborhood sit in a high-cost ownership market (upper decile nationally), which tends to sustain reliance on rental housing and supports pricing power when paired with healthy occupancy. At the same time, neighborhood rents have been comparatively modest over the past five years, which can aid retention and limit turnover risk in lease management. Renter-occupied housing comprises roughly two-fifths of units locally, a depth that indicates steady multifamily demand rather than a niche renter segment.
Within a 3-mile radius, demographics show recent population growth and a notable increase in households alongside smaller average household sizes. Looking ahead to the 5-year projection window, forecasts point to additional population and household gains, which suggest a larger tenant base and support for occupancy stability. These trends provide a constructive backdrop for value-add execution or steady hold strategies.
Safety indicators for the neighborhood are around the metro midpoint among 98 neighborhoods. Compared with U.S. neighborhoods broadly, safety percentiles sit below the national median, indicating investors should underwrite prudent security and property management practices. Recent data from WDSuite shows year-over-year improvement in both violent and property offense rates, which is a constructive trend to monitor rather than a guarantee.
Regional employment access is diversified across healthcare services, packaging and distribution, logistics, and technology — a mix that supports workforce renter demand and commute-based retention for Dixon-area multifamily.
- Xerox State Healthcare — health IT/services (17.8 miles)
- International Paper — packaging and paper (17.9 miles)
- Cardinal Health — medical distribution (22.4 miles)
- DISH Network Distribution Center — logistics and distribution (24.7 miles)
- Intel Folsom FM5 — semiconductors/offices (38.5 miles)
Built in 1977, the property is newer than the average neighborhood vintage and can compete well against older stock while still offering scope for targeted modernization to enhance rents and reduce long-term capital surprises. Neighborhood occupancy trends are above the metro median and strong nationally; paired with a renter concentration near two-fifths of housing units, this supports a durable tenant base and predictable leasing.
Elevated ownership costs in the area reinforce renter reliance on multifamily housing, while neighborhood rents have remained relatively modest — a combination that can aid retention and measured rent growth. According to CRE market data from WDSuite, local amenity access is solid and household counts within a 3-mile radius are growing, indicating continued support for occupancy and demand over a multiyear hold.
- Strong neighborhood occupancy (above metro median; top quartile nationally) supports reduced downtime
- 1977 vintage offers competitive positioning versus older stock with practical value-add potential
- High-cost ownership environment sustains renter demand and supports pricing power with prudent management
- 3-mile demographics indicate household growth and a larger renter pool to support leasing
- Risks: below-median national safety percentiles and softer school ratings warrant conservative underwriting and targeted tenant marketing