| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 79th | Good |
| Demographics | 13th | Poor |
| Amenities | 31st | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 225 E Alaska Ave, Fairfield, CA, 94533, US |
| Region / Metro | Fairfield |
| Year of Construction | 2006 |
| Units | 30 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
225 E Alaska Ave, Fairfield CA — 30-Unit Multifamily Investment
Neighborhood renter concentration and historically steady occupancy suggest durable demand for this 30-unit asset, according to WDSuite’s CRE market data. Proximity to everyday retail anchors and a regional commuter base supports lease-up and retention in Fairfield.
Located in Fairfield’s Urban Core within the Vallejo metro, the property benefits from everyday convenience and a renter-oriented housing base. Neighborhood occupancy is competitive among Vallejo neighborhoods (ranked 27 out of 98 metro neighborhoods), and the area’s share of renter-occupied housing units is elevated, indicating a deeper tenant pool and potential support for occupancy stability.
Amenity access skews toward essentials: grocery store density ranks 6th out of 98 metro neighborhoods and is in the 97th percentile nationally, while restaurants are also comparatively plentiful (14th out of 98; 92nd percentile nationally). By contrast, cafes, parks, and pharmacies are sparse within the immediate neighborhood, so residents rely more on core retail and services for daily needs.
Within a 3-mile radius, demographics show a stable base with modest recent population growth and a projected increase in households, pointing to a larger tenant base over the medium term. Median household incomes have trended higher, and contract rents have risen over the last five years, which supports revenue management while requiring attention to affordability pressure and lease retention strategies.
Home values in the neighborhood sit in a high-cost ownership context (80th percentile nationally; value-to-income near the top of U.S. neighborhoods), which tends to reinforce reliance on multifamily rentals and can support pricing power when paired with sound operations.
Safety indicators are mixed relative to broader benchmarks. The neighborhood’s crime rank sits slightly below the metro median (44th out of 98 metro neighborhoods), and overall safety is below national averages (44th percentile nationally). However, both violent and property offense rates show notable year-over-year improvement, with declines outpacing many areas nationwide, suggesting a constructive directional trend to monitor.
For investors, this implies prudent focus on security measures, lighting, and partnerships with local community resources, alongside underwriting that recognizes recent improvement but remains conservative on operating assumptions.
Regional employment centers within commuting range help underpin renter demand, particularly roles tied to corporate offices across consumer goods, energy, and technology. The following nearby employers form part of the broader commuter shed that can support leasing and retention:
- International Paper — corporate offices (33.6 miles)
- Xerox State Healthcare — corporate offices (33.7 miles)
- Clorox — consumer products (34.9 miles) — HQ
- Chevron — energy (35.7 miles) — HQ
- Cardinal Health — healthcare distribution (38.1 miles)
Built in 2006, the asset is newer than much of the surrounding housing stock, offering stronger competitive positioning versus older inventory while still warranting targeted upgrades as systems age. Neighborhood fundamentals are supported by a high share of renter-occupied units and occupancy that is competitive within the Vallejo metro, which together point to demand depth and potential stability, based on CRE market data from WDSuite.
Within a 3-mile radius, projected growth in households and rising incomes expand the prospective renter pool, while a high-cost ownership market tilts households toward rental options. Operators should balance pricing power with careful affordability and retention management as rents have trended upward and are forecast to continue rising.
- 2006 vintage offers competitive positioning versus older local stock with selective value-add potential
- Renter-occupied share is high in the neighborhood, supporting a deeper tenant base and occupancy stability
- Daily-needs retail concentration (notably strong grocery and restaurant density) supports livability and retention
- Household growth within 3 miles and rising incomes expand demand for rental units
- Risks: below-average national safety profile, limited parks/cafes nearby, and affordability pressure requiring proactive lease management