| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 79th | Best |
| Demographics | 41st | Poor |
| Amenities | 38th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1389 Pebblecreek Dr, Santa Rosa, CA, 95407, US |
| Region / Metro | Santa Rosa |
| Year of Construction | 2011 |
| Units | 23 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1389 Pebblecreek Dr Santa Rosa Multifamily Investment
Neighborhood fundamentals point to stable renter demand and tight occupancy, according to WDSuite s CRE market data. Elevated ownership costs in Santa Rosa support pricing power for well-maintained assets.
Located in Santa Rosa s inner suburb, the property benefits from neighborhood occupancy that ranks first out of 138 metro neighborhoods, indicating very limited available units in the immediate area. Note that this occupancy reflects the neighborhood, not the property, and signals favorable conditions for lease stability and renewal strategies.
Accessibility is serviceable rather than destination-driven: grocery options are competitive for the metro (high national percentile), and parks access is solid, while cafes, pharmacies, and childcare are comparatively sparse. For investors, this mix supports day-to-day convenience but suggests fewer premium amenity drivers within walking distance.
Renter concentration within the neighborhood skews lower (share of housing units that are renter-occupied sits below many Santa Rosa peers), which can limit hyperlocal depth. However, within a 3-mile radius the renter share is roughly half of households, broadening the tenant base for leasing. Household incomes in the neighborhood test above many U.S. neighborhoods, and median home values are elevated, which typically sustains reliance on multifamily housing and supports retention.
The asset s 2011 vintage is newer than the neighborhood s average construction year (1985). This positioning often reduces near-term capital expenditure risk relative to older stock while remaining competitive with contemporary product; selective modernization may still be prudent to maintain differentiation. School ratings in the neighborhood trail national averages, which may temper family-oriented demand but do not preclude workforce renter appeal.
Safety indicators are mixed. The neighborhood s crime rank sits in the lower tier of the metro (rank 100 among 138 Santa Rosa Petaluma neighborhoods), placing it below the metro median, while national comparisons land near the mid-range. Recent trends are constructive: both property and violent offense estimates have declined year over year, according to WDSuite s data, which may support incremental confidence for longer-term holds.
Proximity to regional corporate offices supports workforce housing demand and commute convenience for renters, with representation from logistics.
- FedEx logistics & corporate offices (8.1 miles)
Built in 2011 with 23 units, this property aligns with a submarket showing exceptionally tight neighborhood occupancy and a broad 3-mile renter pool. Elevated home values and above-average neighborhood incomes underpin sustained reliance on rentals and can support rent growth and retention when paired with disciplined operations. According to CRE market data from WDSuite, the immediate area ranks at the top of the metro for occupied housing, reinforcing an emphasis on lease management over vacancy-driven marketing.
The asset s newer-than-neighborhood vintage lowers near-term capital planning relative to older stock, while selective updates can enhance competitiveness. Forward-looking 3-mile projections point to population and household growth, expanding the tenant base over the next several years. Key watch items include school quality, lighter amenity density for daily services like pharmacies, and safety metrics that trail the metro median but have improved recently.
- Tight neighborhood occupancy supports leasing stability and renewal potential.
- 2011 construction provides relative capex relief versus older neighborhood stock.
- Elevated ownership costs in Santa Rosa sustain multifamily demand and pricing power.
- 3-mile projections indicate population and household growth, expanding the renter pool.
- Risks: below-metro safety rankings, modest school ratings, and lighter amenity density nearby.