| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 72nd | Fair |
| Demographics | 35th | Poor |
| Amenities | 36th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 400 Ebbetts Pass Rd, Vallejo, CA, 94589, US |
| Region / Metro | Vallejo |
| Year of Construction | 1972 |
| Units | 20 |
| Transaction Date | 2000-01-19 |
| Transaction Price | $352,500 |
| Buyer | 400 EBBETTS PASS ROAD LLC |
| Seller | ALMANARA INVESTMENTS INC |
400 Ebbetts Pass Rd, Vallejo Multifamily Investment
Neighborhood-level occupancy is strong and supports stable renter demand, according to WDSuite’s CRE market data, positioning this 20-unit asset for steady operations in Vallejo’s inner-suburban setting.
This inner-suburban pocket of Vallejo offers everyday convenience with a competitive mix of groceries and cafes relative to other neighborhoods in the metro. Grocery access ranks competitive among Vallejo neighborhoods (35 out of 98) and is in the upper tier nationally, while cafe density ranks highly within the metro (14 out of 98) and sits in the top quartile nationally. Park and pharmacy access are more limited locally (both ranked 98 out of 98), which investors should consider for family-oriented positioning.
Neighborhood occupancy is elevated (ranked 30 of 98; top quartile nationally), pointing to demand resilience for multifamily. Median asking rents in the area track above the metro median, and rent-to-income levels indicate manageable affordability pressure, supporting retention and measured pricing power over time.
The property was built in 1972, slightly older than the neighborhood’s average vintage of 1978. For investors, that typically means planning for systems upgrades and common-area refreshes, with potential value-add upside through targeted renovations to enhance competitiveness against younger stock.
Within a 3-mile radius, the renter-occupied share is roughly four in ten housing units, creating a meaningful tenant base for a 20-unit community. Local population has inched up in recent years and forecasts point to increases in households alongside gradually smaller household sizes, which can expand the renter pool and support occupancy stability.
Home values are elevated relative to national norms, and the value-to-income profile sits on the higher side for the U.S. market. In practice, a high-cost ownership landscape tends to reinforce reliance on rental housing, which can support lease retention and stabilize demand for well-managed multifamily assets.
Safety indicators are mixed in context. Within the Vallejo metro, this neighborhood ranks stronger than many peers on crime (ranked 84 of 98), yet it trails national norms (around the 20th percentile nationwide). Investors should interpret this as comparatively favorable within the local market but below-average relative to U.S. neighborhoods overall.
Recent estimates indicate year-over-year increases in both property and violent offenses at the neighborhood level. While these figures are neighborhood-wide and not property-specific, they warrant standard risk management: proactive lighting, access controls, and community engagement, along with continued monitoring of trends through trusted sources.
Proximity to major Bay Area corporate hubs supports commuter demand and broadens the renter base, with access to headquarters and financial services employers that can underpin leasing stability.
- Clorox — consumer products (23.6 miles) — HQ
- Salesforce.com — software (25.4 miles) — HQ
- Gap — apparel retail (25.5 miles) — HQ
- Wells Fargo — banking (25.6 miles) — HQ
- PG&E Corp. — utilities (25.6 miles) — HQ
400 Ebbetts Pass Rd presents a 20-unit, 1972-vintage asset in an inner-suburban Vallejo neighborhood where occupancy trends are strong and renter demand is durable. Elevated neighborhood occupancy and above-median local rents signal support for steady operations, while a high-cost ownership market helps sustain reliance on rentals and can aid lease retention. According to CRE market data from WDSuite, local amenities skew toward groceries and cafes, with limited parks and pharmacies—factors to consider in positioning and resident services.
The property’s older vintage suggests clear value-add pathways through systems modernization and unit/interior upgrades to improve competitive standing against newer stock. Within a 3-mile radius, projections show increases in households and a gradual shift toward smaller household sizes—trends that typically translate into a larger tenant base and support occupancy stability over the medium term. Investors should balance these positives against below-national safety standing and weaker school ratings, tailoring management and marketing to the most responsive renter segments.
- Strong neighborhood occupancy supports stable cash flow potential
- High-cost ownership landscape reinforces multifamily renter demand
- 1972 vintage offers value-add and renovation upside
- Household growth within 3 miles expands the tenant base
- Risks: below-national safety standing, limited parks/pharmacies, and aging systems require active management