| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 70th | Fair |
| Demographics | 29th | Poor |
| Amenities | 47th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1598 Becky Ct, Santa Rosa, CA, 95403, US |
| Region / Metro | Santa Rosa |
| Year of Construction | 1987 |
| Units | 73 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1598 Becky Ct Santa Rosa Multifamily Investment Outlook
Neighborhood occupancy is high and renter demand is deep, supporting income stability according to WDSuite’s CRE market data. The submarket’s rent levels sit above national norms while remaining manageable relative to local incomes, reinforcing retention potential.
Located in Santa Rosa’s Urban Core, the neighborhood shows strong renter fundamentals. Neighborhood occupancy is 98.9% (ranked 20 out of 138 metro neighborhoods), placing it in the top quartile locally and indicating stable leasing conditions rather than lease-up risk. Renter-occupied housing concentration is about 61% (ranked 9 of 138), also a top-quartile position in the Santa Rosa–Petaluma metro and a constructive signal for multifamily demand depth.
Daily-life amenities are mixed. Grocery access is a standout with one of the highest concentrations in the metro (ranked 6 of 138; 97th percentile nationally), and restaurants and cafes are similarly dense (both in the 90s nationally). By contrast, parks, pharmacies, and formal childcare options are limited within the neighborhood footprint (each ranked 138 of 138). For investors, this combination suggests convenience for essentials and dining, with potential for residents to look slightly farther for green space and services.
Home values in the neighborhood are elevated versus the nation (79th percentile nationally), which tends to keep households oriented toward rental options and supports pricing power. At the same time, neighborhood rent-to-income levels are comparatively manageable (11th percentile nationally), which can aid lease retention and reduce turnover risk relative to higher-burden markets.
Within a 3-mile radius, recent trends show a modest dip in population alongside a small increase in households, pointing to shrinking household sizes. Looking ahead to 2028, forecasts indicate population growth and a sizable increase in households, which implies a larger tenant base and supports occupancy stability. Median contract rent in the 3-mile area has risen over the past five years, and is projected to continue growing, consistent with regional demand. Taken together, these dynamics indicate sustained renter pool expansion with balanced affordability pressures, based on CRE market data from WDSuite.
Vintage context: the property’s 1987 construction is newer than the neighborhood’s average vintage (1976; ranked 51 of 138), suggesting competitive positioning versus older stock. Investors should still plan for modernization of systems typical of late-1980s assets, with selective value-add potential in interiors and common areas.
Safety indicators are mixed but generally around national norms. Overall crime sits near the national middle (47th percentile), with violent offenses comparatively better than average (56th percentile nationwide). Property offenses track below national safety benchmarks (39th percentile), though recent trends show meaningful improvement with an estimated double-digit year-over-year decline (66th percentile for improvement nationally). Within the Santa Rosa–Petaluma metro, the neighborhood’s crime rank is 108 out of 138 neighborhoods, indicating conditions that are below the metro median, so prudent security measures and active property management remain important.
Proximity to regional distribution and logistics employment supports tenant demand from shift-based and hourly workers with commute-sensitive housing needs. Nearby, FedEx anchors this segment.
- FedEx Headquarters — logistics (4.7 miles)
1598 Becky Ct is a 73-unit, 1987-vintage asset positioned in a renter-heavy pocket of Santa Rosa where neighborhood occupancy ranks in the top quartile among 138 metro neighborhoods. Elevated ownership costs in the area tend to reinforce renter reliance on multifamily housing, while rent-to-income levels remain relatively manageable, supporting retention and pricing discipline.
The asset’s vintage is newer than the local average, providing competitive positioning against older stock and a clear framework for targeted value-add. Within a 3-mile radius, forecasts call for population growth and a pronounced increase in households, pointing to a larger tenant base and support for sustained occupancy. According to CRE market data from WDSuite, amenity access is strong for groceries and dining, offset by thinner parks and services, which underscores the importance of on-site features and management to drive leasing.
- Top-quartile neighborhood occupancy among 138 metro areas supports income stability
- Renter-heavy neighborhood and elevated ownership costs deepen the tenant base
- 1987 vintage newer than area average, with selective value-add potential
- 3-mile forecasts indicate population and household growth, supporting demand
- Risks: below-metro-average safety rank and limited parks/services call for active management