| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 60th | Good |
| Demographics | 32nd | Good |
| Amenities | 32nd | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 600 N Euclid Ave, Dinuba, CA, 93618, US |
| Region / Metro | Dinuba |
| Year of Construction | 2010 |
| Units | 57 |
| Transaction Date | 2009-12-07 |
| Transaction Price | $570,000 |
| Buyer | DINUBA PACIFIC ASSOCIATES |
| Seller | KAWEAH MANAGEMENT COMPANY 501C3 NON PROF |
600 N Euclid Ave Dinuba Multifamily Investment
Neighborhood occupancy is strong at 98.9% (neighborhood-level), suggesting stable leasing fundamentals, according to WDSuite’s CRE market data.
Located in suburban Dinuba within the Visalia, CA metro, the neighborhood rates a B+ and ranks 41 out of 142 metro neighborhoods, positioning it above the metro median. For investors, the standout metric is neighborhood-level occupancy at 98.9% (rank 20 of 142; top quartile nationally at the 93rd percentile), which supports expectations for steady tenant retention and limited downtime between turns.
Livability is serviceable rather than amenity-dense. Restaurants and grocery access track above many peers in the metro (restaurant density rank 40/142; grocery rank 50/142), while parks, cafes, and childcare options are comparatively sparse (ranks at the bottom of 142). Average school ratings are around 3.0 out of five and sit above many Visalia-area neighborhoods (rank 6 of 142), a practical consideration for family renters.
Tenure patterns indicate a more owner-leaning area at the neighborhood level, with roughly 30.5% of housing units renter-occupied. This mix can support stable demand for well-located multifamily while moderating near-term competitive supply from smaller rentals. Within a broader 3-mile radius, the renter share is higher, widening the potential tenant base for a 57-unit asset.
Demographics aggregated within 3 miles show population and household counts have been rising and are projected to continue growing through 2028. Larger average household sizes locally favor practical two- and three-bedroom layouts, which can help sustain occupancy and renewal outcomes. Ownership costs in the area are comparatively moderate (neighborhood median home value around $272,584), and neighborhood rent-to-income near 0.14 suggests manageable renter affordability—factors that can bolster lease retention while leaving some room for measured rent growth management.
Safety signals are mixed and should be monitored. Relative to neighborhoods nationwide, the area performs well on property offenses (98th percentile, indicating comparatively safer levels), and violent offenses sit in the 81st percentile nationally, which is better than many peer neighborhoods. However, recent year-over-year trends diverge: property offenses declined modestly, while violent offenses recorded an uptick. At the metro level, translating broad crime rank into context can be tricky; investors should focus on these national percentile readings and the directional changes rather than block-level inference.
Regional employers provide a diversified industrial base within commuting distance that can support workforce housing demand, including International Paper and Con Agra Foods.
- International Paper — paper & packaging (21.0 miles)
- Con Agra Foods — food processing (38.3 miles)
Delivered in 2010, the property is newer than the neighborhood’s average vintage and should remain competitive against older stock, with potential to prioritize selective upgrades over heavy near-term capital projects. Neighborhood-level occupancy is high (98.9%), which, based on commercial real estate analysis from WDSuite, supports expectations for steady leasing and renewal performance. Larger average household sizes locally align with the asset’s unit mix potential, and a renter pool that expands within the 3-mile radius broadens demand beyond the immediate block group.
Affordability metrics point to durable renter demand: neighborhood rent-to-income near 0.14 and moderate ownership costs can reinforce retention, while income levels within 3 miles have risen over recent years. Primary risks include limited neighborhood amenity density, mixed safety trends, and reliance on employment nodes that are more regional in nature, which argues for disciplined operations and targeted, needs-based improvements.
- 2010 vintage offers competitive positioning versus older local stock, with targeted value-add potential
- Neighborhood-level occupancy of 98.9% supports stable leasing and renewal outcomes
- Broader 3-mile renter pool and larger household sizes align with demand for larger layouts
- Manageable renter affordability and moderate ownership costs can aid tenant retention
- Key risks: lighter amenity density, mixed safety trendlines, and commuting reliance on regional employers