| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 76th | Good |
| Demographics | 33rd | Poor |
| Amenities | 93rd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2320 Peach Tree Dr, Fairfield, CA, 94533, US |
| Region / Metro | Fairfield |
| Year of Construction | 1989 |
| Units | 49 |
| Transaction Date | 2001-06-28 |
| Transaction Price | $3,295,000 |
| Buyer | CAMPOS GUADALUPE |
| Seller | ROOSEVELT MICHAEL A |
2320 Peach Tree Dr Fairfield Multifamily Investment
Neighborhood occupancy remains high with a sizable renter base, supporting steady leasing conditions according to WDSuite’s CRE market data. The submarket’s positioning within Solano County offers practical access to regional employment while keeping rents aligned with working households.
The property sits in an Urban Core neighborhood in Fairfield rated A- and ranked 19 out of 98 in the Vallejo metro — a top quartile position that indicates stronger-than-average local fundamentals for investors. Neighborhood occupancy is 98.6% (neighborhood metric), also top quartile among 98 Vallejo neighborhoods, which supports leasing stability and reduces downtime in most market conditions.
Daily-needs access is a relative strength. Grocery and pharmacy density ranks among the top Vallejo neighborhoods (each competitive among 98), with national percentiles in the 90s, and restaurants score similarly high. Childcare and park access also test well against metro peers. Cafe density is thinner, which may limit some lifestyle appeal, but core errands remain convenient.
Renter concentration is meaningful at roughly six in ten housing units being renter-occupied at the neighborhood level, indicating a deep tenant base for multifamily. Median contract rents in the neighborhood sit above national norms (national percentile mid-80s), while the rent-to-income ratio near 0.29 suggests some affordability pressure that owners should manage through renewal strategy and amenity positioning. Median school ratings are on the lower side locally, which can influence family retention but does not typically disrupt workforce housing demand.
Within a 3-mile radius, demographics show stable to modestly shifting conditions: population was roughly flat over the past five years while household counts edged higher, and projections indicate growth in both households and incomes into 2028. That trajectory points to a larger tenant base over time, which can support occupancy stability and measured rent growth. Home values are elevated relative to incomes (value-to-income ratio high by national comparison), signaling a high-cost ownership market that tends to sustain renter reliance on multifamily housing.
Built in 1989, the asset is newer than the neighborhood’s average 1975 vintage, offering a competitive edge versus older stock. Investors should still plan for selective modernization and systems upkeep to maintain positioning against comparable properties in the metro.
Safety metrics for the neighborhood trail national medians, and the area ranks below the metro average (ranked 75 out of 98 Vallejo neighborhoods). Nationally, the neighborhood sits in a lower safety percentile, indicating higher reported incidents than many U.S. neighborhoods.
Recent trends are mixed: estimated violent offense rates have eased year over year, while property offenses ticked up. For investors, this suggests monitoring on-site security practices and coordinating with professional management to support resident retention and protect operating performance.
The location draws from broader Bay Area corporate nodes, supporting a commuter tenant base and lease retention tied to diversified office and HQ employment from manufacturing, consumer products, energy, and technology.
- International Paper — manufacturing/packaging offices (33.9 miles)
- Xerox State Healthcare — healthcare services/IT (34.0 miles)
- Clorox — consumer products (34.7 miles) — HQ
- Chevron — energy corporate offices (35.6 miles) — HQ
- Salesforce.com — cloud software (38.3 miles) — HQ
2320 Peach Tree Dr offers scale at 49 units with neighborhood fundamentals that favor occupancy stability. The immediate area ranks in the top quartile among 98 Vallejo neighborhoods and shows strong access to daily amenities, while renter concentration provides depth to the tenant pool. According to CRE market data from WDSuite, neighborhood occupancy is elevated versus metro peers and rents track above national norms, reinforcing income durability if managed with attention to affordability.
The 1989 vintage is newer than the area’s average stock, positioning the asset competitively against older properties; targeted renovations and systems updates can enhance retention and pricing power. Within a 3-mile radius, households are projected to increase alongside rising incomes through 2028, supporting a larger renter base over time. Elevated ownership costs relative to income in the neighborhood context further underpin multifamily demand.
- High neighborhood occupancy and top-quartile local ranking support stable leasing
- Strong daily-needs amenity access and commuter reach into Bay Area job centers
- 1989 vintage offers competitive positioning with value-add potential via selective upgrades
- 3-mile household and income growth projections point to a larger tenant base
- Risks: safety metrics below metro average and affordability pressure require active management