| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 79th | Good |
| Demographics | 41st | Poor |
| Amenities | 76th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 810 Jennings Ave, Santa Rosa, CA, 95401, US |
| Region / Metro | Santa Rosa |
| Year of Construction | 2007 |
| Units | 49 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
810 Jennings Ave Santa Rosa Multifamily Investment
Renter-occupied housing concentration and steady neighborhood occupancy support durable demand, according to WDSuite’s CRE market data. Newer 2007 construction relative to the area’s older stock positions the asset competitively for leasing and retention.
This Urban Core pocket of Santa Rosa scores A- at the neighborhood level and is competitive among 138 Santa Rosa-Petaluma neighborhoods on daily conveniences. Cafes, groceries, restaurants, and pharmacies rank in the stronger cohort locally (e.g., cafes and restaurants each near the top tiers), while park access is limited — a consideration for residents prioritizing green space.
For investors, current neighborhood occupancy around the mid-90s and a high renter-occupied share (roughly two-thirds of units) indicate a deep tenant base that can support leasing stability. Median contract rents have risen over the past five years, and home values sit in a high-cost ownership market; together these dynamics support sustained reliance on multifamily housing and pricing power, with prudent lease management.
The property’s 2007 vintage compares favorably to the neighborhood’s older average year built, offering relative competitiveness versus legacy stock. Investors should still account for mid-life system updates and strategic common-area refreshes to maintain positioning.
Within a 3-mile radius, recent population trends show a modest dip over the last five years but growth in household counts, with forecasts pointing to population expansion and a notable increase in households by 2028. Smaller average household size is expected to continue, which can expand the renter pool and support occupancy stability. School rating indicators are not a current strength versus national benchmarks, which may modestly influence family renter appeal; however, access to everyday amenities and employment corridors helps balance overall livability for a broad renter profile. These dynamics align with commercial real estate analysis that emphasizes tenant-base depth and long-term demand drivers in infill locations.
Neighborhood safety indicators are mixed. Relative to 138 metro neighborhoods, this area sits in the lower half, while nationally it aligns roughly with mid-range conditions. Recent trends are constructive: both violent and property offense rates declined year over year, indicating improving conditions versus prior periods.
Investors should plan for standard urban-asset measures such as lighting, access control, and resident communication. The directional improvement helps leasing narratives, but underwriting should reflect that safety ranks remain below the metro median.
Nearby employment includes logistics and distribution that support steady renter demand through commute convenience. The employers below reflect accessible job centers for residents.
- FedEx Headquarters — logistics & distribution (5.6 miles)
This 49-unit 2007 asset offers relative competitiveness versus older neighborhood stock, backed by a deep renter base and steady neighborhood occupancy. Elevated for-sale home values in the area sustain renter reliance on multifamily housing, while larger-than-typical average unit sizes support retention. According to CRE market data from WDSuite, neighborhood occupancy trends sit above national midpoints, and rents have moved upward over five years, supporting an income-focused thesis with prudent expense and capital planning.
Forward-looking 3-mile demographics point to population growth and a meaningful increase in households by 2028, implying a larger tenant base even as household sizes trend smaller. Balanced against these positives are metro-relative safety ranks below the median and limited nearby park space, which warrant operational focus and amenity programming to sustain leasing velocity.
- 2007 construction offers competitive positioning versus older neighborhood inventory, with manageable mid-life capital planning.
- High renter-occupied share and steady occupancy support leasing stability and pricing power.
- Elevated home values reinforce reliance on rentals, underpinning demand for larger-unit layouts.
- 3-mile outlook shows population growth and more households by 2028, expanding the renter pool.
- Risks: safety ranks below metro median and limited park access call for targeted operations and amenity strategy.