| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 69th | Poor |
| Demographics | 21st | Poor |
| Amenities | 57th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1917 Grande Cir, Fairfield, CA, 94533, US |
| Region / Metro | Fairfield |
| Year of Construction | 1974 |
| Units | 52 |
| Transaction Date | 2004-12-27 |
| Transaction Price | $4,200,000 |
| Buyer | FAIRFIELD HEIGHTS LP |
| Seller | GRANDE GARDEN HOUSING INVESTORS LP |
1917 Grande Cir, Fairfield CA Multifamily Investment
Steady renter demand and everyday convenience underpin the investment case, according to WDSuite’s CRE market data. The neighborhood shows balanced occupancy with strong park and grocery access that can support leasing stability.
Livability indicators point to solid day-to-day convenience for renters. Park access is a relative strength (top percentile nationally) and grocery options are competitive among Vallejo metro neighborhoods, while cafes and pharmacies are limited. For investors, this mix supports routine needs and outdoor amenities that can aid retention, even if coffee and drugstore options may require longer trips.
The neighborhood’s renter-occupied share is above the metro median, indicating a deeper tenant base for multifamily. Neighborhood occupancy trends sit around the national middle and appear below the Vallejo metro median, suggesting leasing performance should be managed actively through pricing and renewal strategy rather than assumed. Median contract rents in the neighborhood skew higher versus many U.S. areas, which can sustain revenue potential if paired with thoughtful affordability management.
Within a 3-mile radius, demographics show modest recent population growth and a larger increase in households, with projections indicating additional expansion by 2028. This points to a growing renter pool that can support occupancy stability and absorption for well-positioned assets.
The property’s 1974 vintage is slightly older than the neighborhood average year built, flagging routine capital planning needs. For investors, that age profile can also create value-add potential through targeted renovations to improve competitive positioning against newer stock.
Safety conditions track close to the Vallejo metro middle (ranked near the midpoint among 98 metro neighborhoods) and below the national average. Recent trends are directionally favorable: both violent and property offenses show year-over-year declines, placing the neighborhood above many U.S. areas for improvement momentum. Investors should underwrite standard security measures and emphasize lighting, access control, and community standards to support resident confidence.
Regional employment is diversified across manufacturing, healthcare administration, consumer products, energy, and medical distribution within commutable distance, supporting workforce renter demand and lease retention. The list below reflects representative anchors in that commuter shed.
- International Paper — manufacturing (32.95 miles)
- Xerox State Healthcare — healthcare administration (33.15 miles)
- Clorox — consumer products (34.87 miles) — HQ
- Chevron — energy (34.99 miles) — HQ
- Cardinal Health — medical distribution (37.42 miles)
1917 Grande Cir (52 units) sits in a renter-oriented pocket of Fairfield where everyday amenities, especially parks and groceries, are comparative strengths. Neighborhood occupancy is around the national middle and below the Vallejo metro median, so revenue performance hinges on disciplined lease management and renewal strategy. Based on commercial real estate analysis from WDSuite, higher neighborhood rent levels can support revenue, while a moderate rent-to-income backdrop argues for measured increases to protect retention.
Built in 1974, the asset’s vintage suggests planning for ongoing systems upkeep and offers clear value-add pathways—unit interiors, common areas, and energy-efficiency upgrades—to sharpen competitiveness against newer properties. Within a 3-mile radius, modest recent population growth and projected household expansion by 2028 point to a larger renter pool over time, which can support occupancy stability for well-run assets.
- Renter-oriented neighborhood supports tenant depth and leasing resiliency.
- Parks and grocery access are local strengths that aid retention.
- 1974 vintage provides value-add upside via targeted renovations and efficiency upgrades.
- Household growth within 3 miles expands the renter pool, supporting occupancy over time.
- Risks: safety sits below national average and occupancy is below metro median—underwrite security and active lease management.