| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 77th | Good |
| Demographics | 66th | Fair |
| Amenities | 43rd | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 657 Acacia Ln, Santa Rosa, CA, 95409, US |
| Region / Metro | Santa Rosa |
| Year of Construction | 2012 |
| Units | 44 |
| Transaction Date | 2007-09-11 |
| Transaction Price | $762,000 |
| Buyer | PETALUMA ECUMENICAL PROPERTIES |
| Seller | SANTA ROSA LODGE OF PERFECTION #1 ANCIEN |
657 Acacia Ln Santa Rosa Multifamily Opportunity
Built in 2012 and positioned in an inner-suburban pocket of Santa Rosa, the property benefits from steady neighborhood renter demand and homeownership costs that tend to sustain leasing, according to WDSuite’s CRE market data.
Located in Santa Rosa’s inner suburbs, the neighborhood earns a B+ rating and sits 41st of 138 metro neighborhoods, indicating competitive fundamentals within the Santa Rosa-Petaluma market. Neighborhood occupancy trends are healthy versus national medians (66th percentile), supporting income stability for well-managed assets.
The 2012 construction vintage is notably newer than the neighborhood’s average 1981 stock, which can enhance competitiveness against older properties and moderate near-term capital needs while still leaving room for selective upgrades as systems age. Median contract rents in the neighborhood rank high nationally (92nd percentile), and the rent-to-income profile is comparatively manageable (11th percentile indicates lower burden), aiding retention and lease management.
Retail and daily-needs access is a relative strength: grocery density ranks 21st of 138 locally and sits in the 88th percentile nationally, and parks are similarly strong (89th percentile). Restaurants are above national medians as well (78th percentile). The amenity mix is thinner for certain categories such as cafes and pharmacies, which rank lower in the metro set, and average school ratings sit below national medians (37th percentile) — considerations for positioning and tenant mix rather than core demand drivers.
Tenure patterns indicate a meaningful renter base: the share of housing units that are renter-occupied is in the 75th percentile nationally at the neighborhood level, and within a 3-mile radius demographics show households growing alongside rising incomes. Three-mile data point to a roughly flat population with a modest increase in households and smaller average household sizes, which can expand the renter pool and support occupancy for well-located multifamily assets. Elevated home values (87th percentile nationally) signal a high-cost ownership market, which tends to reinforce reliance on rental housing and support pricing power for competitive properties.
Safety indicators are competitive among Santa Rosa-Petaluma neighborhoods (ranked 57 of 138) and track above national medians for safety (around the 60th percentile). This suggests a comparatively favorable backdrop for resident retention and leasing relative to many U.S. neighborhoods.
Recent trend data also show improvement: estimated violent offense rates declined year over year (79th percentile for improvement nationally), and property offenses eased as well (58th percentile for improvement). While conditions can vary within small areas, these directional shifts provide supportive context for long-term operations.
Nearby employment includes logistics and distribution, providing commute convenience that supports renter demand and lease stability for workforce-oriented units.
- FedEx Headquarters — logistics & distribution (7.4 miles)
657 Acacia Ln offers a 2012-vintage multifamily profile in an inner-suburban Santa Rosa location where neighborhood occupancy and renter depth are solid relative to national medians. The asset’s newer construction compares favorably to the area’s older average stock, which can reduce near-term capital exposure while allowing targeted value-add to capture rent premiums. Elevated home values and strong grocery/park access further underpin sustained renter demand. Based on commercial real estate analysis from WDSuite, neighborhood rent levels test high nationally while rent-to-income appears manageable, supporting retention for well-positioned units.
Within a 3-mile radius, households have been increasing and incomes rising, with forecasts pointing to further income gains and a smaller average household size — dynamics that can expand the renter pool and support occupancy stability. Counterpoints include a thinner cafe/pharmacy mix and below-median school ratings, suggesting a focus on adult and workforce renters may align best with local demand drivers.
- 2012 construction versus older neighborhood stock supports competitive positioning and moderated near-term capex
- Neighborhood occupancy trends are healthy versus national medians, aiding income stability
- High homeownership costs reinforce renter reliance, supporting pricing power for quality units
- 3-mile household growth and rising incomes expand the tenant base and support retention
- Risks: thinner cafe/pharmacy presence and below-median school ratings may narrow family-oriented appeal