| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 73rd | Best |
| Demographics | 32nd | Fair |
| Amenities | 41st | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1971 E Onstott Rd, Yuba City, CA, 95991, US |
| Region / Metro | Yuba City |
| Year of Construction | 1978 |
| Units | 80 |
| Transaction Date | 2002-12-12 |
| Transaction Price | $3,100,000 |
| Buyer | --- |
| Seller | Gary & Elaine Ahlers |
1971 E Onstott Rd, Yuba City Multifamily Investment
Neighborhood occupancy is competitive among Yuba City submarkets, supporting stable leasing dynamics, according to WDSuite’s CRE market data. Elevated ownership costs in the area further reinforce renter demand and retention potential.
This Inner Suburb neighborhood rates A- and ranks 14 out of 56 metro neighborhoods, indicating it is competitive among Yuba City locations for multifamily. Neighborhood occupancy of 96.2% sits in the top quartile nationally and is competitive among Yuba City neighborhoods, a constructive backdrop for stabilized assets and steady renewals at the property level.
Local amenity access favors daily needs: grocery density ranks 9 of 56 and places the area in a high national percentile, while café availability also outperforms the metro median. Park and pharmacy access are limited, which may influence some lifestyle-oriented renters, but day-to-day conveniences are present and support resident retention.
Within a 3-mile radius, demographics show a modest population increase in recent years with projections for additional population growth and a meaningful rise in households over the next five years. A renter-occupied share near one-half of housing units supports a sizable tenant base, suggesting demand depth for conventional multifamily and workforce housing. The median rent level is mid-range for the metro with solid 5-year growth, aligning with the area’s occupancy stability.
Ownership remains a high-cost proposition for many households relative to incomes, a factor that tends to sustain reliance on rentals and can aid lease retention and pricing power during renewals. School ratings trail metro and national norms, which may temper appeal for some family renters, but overall neighborhood fundamentals remain above the metro median for housing and occupancy.
Safety conditions are mixed when viewed against the Yuba City metro and the nation. The neighborhood’s crime ranking (13 out of 56 metro neighborhoods, where lower ranks indicate higher crime) suggests higher incident rates than many local peers, while national comparison sits near the middle of the pack. Importantly, recent trends point to improvement: property offenses are estimated down about 34% year over year and violent offenses down roughly 13%, indicating a directional decline rather than a deterioration.
These figures reflect neighborhood-level trends rather than block-specific conditions. Investors should weigh the improving trajectory alongside local management practices that can support resident sense of security and retention.
Regional employers within commuting distance help support renter demand and retention by offering diversified jobs across healthcare services, distribution, paper products, and technology—relevant for workforce renters in this submarket.
- Xerox State Healthcare — healthcare services (39.4 miles)
- Cardinal Health — distribution and medical supplies (39.8 miles)
- International Paper — paper and packaging (41.1 miles)
- Intel Folsom FM5 — technology offices (43.5 miles)
1978 construction positions the asset somewhat newer than much of the local vintage stock, offering relative competitiveness versus older properties while still leaving room for targeted modernization to enhance yield. Strong neighborhood occupancy and a sizable renter base support demand durability; according to commercial real estate analysis from WDSuite, the submarket’s occupancy stands above many metro peers and in a strong national percentile, reinforcing expectations for stable tenancy.
Household growth within a 3-mile radius and a high-cost ownership landscape underpin renter reliance on multifamily, aiding lease retention and pricing power. Rent-to-income levels indicate manageable affordability pressure relative to many California markets, though school quality and limited parks/pharmacy access present considerations for certain renter segments.
- Stable neighborhood occupancy and depth of renter pool support steady leasing
- 1978 vintage allows value-add and systems modernization to elevate NOI
- High-cost ownership market sustains multifamily demand and renewal potential
- Household growth within 3 miles expands the future tenant base
- Risks: crime ranks weaker than many metro peers; school ratings and limited parks/pharmacies may constrain some family demand