| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 66th | Best |
| Demographics | 21st | Poor |
| Amenities | 46th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 740 Givens Rd, Red Bluff, CA, 96080, US |
| Region / Metro | Red Bluff |
| Year of Construction | 1974 |
| Units | 40 |
| Transaction Date | 2002-08-14 |
| Transaction Price | $1,200,000 |
| Buyer | SANCHEZ LUIS ALBERTO |
| Seller | YI NOEL |
740 Givens Rd, Red Bluff CA Multifamily Investment
Neighborhood renter demand is supported by a high renter-occupied share and occupancy that is competitive within the Red Bluff metro, according to WDSuite’s CRE market data. The location offers stable workforce housing dynamics with room for value-add execution.
Positioned in an Inner Suburb setting with an A neighborhood rating, the area ranks 5th out of 30 Red Bluff neighborhoods, placing it in the top quartile metro-wide for overall performance. Neighborhood occupancy is competitive among Red Bluff neighborhoods, supporting income stability at the property level when paired with careful leasing strategy.
The renter-occupied share in the neighborhood is among the top quartile of the metro (ranked 4th of 30), indicating a deep tenant base for multifamily product. Within a 3-mile radius, population and household counts have grown and are projected to continue expanding through 2028, suggesting a larger renter pool and positive absorption tailwinds. Median contract rents in the immediate area are modest relative to incomes, and the rent-to-income profile indicates manageable affordability pressure that can support retention and steady leasing. These takeaways align with multifamily property research validated by WDSuite’s market dataset.
Local amenities skew toward everyday needs rather than dining density. Parks, pharmacies, and groceries rank near the top of the metro (each within the top five of 30 neighborhoods), while cafes and restaurants are limited. For family-oriented renters, average public school ratings in the neighborhood track below national norms, which may warrant positioning toward workforce and value-focused segments.
The property’s 1974 vintage is older than the neighborhood’s average construction year, pointing to potential capital expenditure planning and value-add upside through unit modernization and system upgrades. Home values in the neighborhood sit at higher value-to-income levels versus national norms (top-quartile nationally), which tends to reinforce reliance on rental housing and can support pricing power when combined with prudent lease management.
Comparable, neighborhood-level crime statistics are not available in this dataset for Red Bluff’s sub-areas. Investors should review citywide trends and consult local public safety resources to assess changes over time and any localized considerations near 740 Givens Rd. Where data is available, using consistent timeframes and metro comparisons offers the clearest read on relative safety conditions.
Employer proximity data with reliable distance measurements is not available in this dataset for this address. Investors evaluating workforce access may supplement with local commute patterns and major corridors to gauge leasing demand from nearby healthcare, public sector, retail, and light industrial nodes.
This 40-unit, 1974-vintage asset sits in a top-quartile neighborhood for overall performance within the Red Bluff metro, with renter demand supported by a high neighborhood renter-occupied share and occupancy that is competitive among local peers. Everyday amenities (parks, groceries, pharmacies) are convenient, while dining density is thinner, favoring a workforce housing positioning. According to CRE market data from WDSuite, neighborhood affordability metrics point to manageable rent-to-income levels, supporting retention and consistent leasing.
Within a 3-mile radius, population and household counts have expanded and are projected to continue growing, indicating a larger tenant base and supportive absorption outlook. The 1974 vintage suggests planning for targeted capex and value-add improvements to enhance competitive standing versus newer stock, while elevated value-to-income ratios at the neighborhood level tend to sustain reliance on rental housing.
- Competitive neighborhood occupancy and deep renter base support income stability
- 3-mile population and household growth point to continued renter pool expansion
- Everyday amenities are strong (parks, groceries, pharmacies), aiding livability and retention
- 1974 vintage offers value-add potential with planned unit and system upgrades
- Risks: thinner dining/retail density and below-average school ratings may narrow certain renter segments; capex needs should be underwritten