| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 63rd | Good |
| Demographics | 63rd | Best |
| Amenities | 84th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 3603 W Hillsdale Ave, Visalia, CA, 93291, US |
| Region / Metro | Visalia |
| Year of Construction | 1973 |
| Units | 45 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
3603 W Hillsdale Ave Visalia Multifamily Investment
Positioned in an A+ Inner Suburb of Visalia, the asset benefits from a solid renter base and ownership costs that sustain demand for rentals, according to WDSuite s CRE market data.
The property sits in an A+ rated Inner Suburb that ranks 1st among 142 Visalia neighborhoods, indicating competitive fundamentals compared to the metro. Dining and daily-needs access are strong (restaurants and parks measure in the top ranges locally and above many areas nationally), supporting renter convenience and leasing appeal.
Neighborhood occupancy trends are near national middle ranges (the neighborhood s occupancy rate is around the metro median), while renter-occupied housing represents a substantial share of units, reinforcing depth of tenant demand for multifamily. Median home values trend high for the area, which tends to sustain rental reliance and supports lease retention as households weigh ownership versus renting.
Construction patterns skew older across the neighborhood (average vintage mid-1960s). With a 1973 build, the property is slightly newer than the neighborhood average, offering relative competitiveness against older stock while still warranting planning for systems modernization or targeted renovations to capture value-add upside.
Demographic statistics aggregated within a 3-mile radius show recent population and household growth, with forecasts pointing to continued expansion and a modest decrease in average household size. This combination typically enlarges the tenant base and supports occupancy stability over time. School ratings in the neighborhood trend above many U.S. neighborhoods, which can enhance family-oriented renter appeal.
Safety indicators in this Visalia neighborhood track close to national midranges, with comparative performance that is competitive among some metro peers but not top-tier. Year over year, violent incidents show a meaningful decline, while property offenses have ticked up, underscoring the importance of standard security measures and active property management.
Interpreting local ranks among 142 metro neighborhoods and national percentiles, the area lands around the middle of nationwide comparisons and above several local submarkets on trend direction. Investors should focus on well-lit common areas, access control, and resident engagement to support retention and day-to-day confidence.
Nearby employers include manufacturing and food-processing companies that anchor stable blue-collar and logistics employment, supporting workforce housing demand and commute convenience for residents.
- International Paper packaging & manufacturing (8.9 miles)
- Con Agra Foods food processing (44.2 miles)
Built in 1973 with 45 units, the property offers a balanced value-add and cash-flow profile in an A+ Inner Suburb. High neighborhood home values relative to incomes reinforce reliance on rentals, while a sizable renter-occupied share signals depth in the tenant base. According to commercial real estate analysis from WDSuite, local occupancy trends sit near broader averages, suggesting stable leasing with potential to outperform through focused upgrades and management.
Three-mile radius demographics point to ongoing population and household growth, which typically supports renter pool expansion and retention. Given the 1970s vintage, capital planning for systems and selective renovations can enhance competitiveness versus older neighborhood stock and help capture rent trade-ups without overextending affordability.
- A+ Inner Suburb location with competitive amenity access supporting leasing appeal
- Strong renter concentration and high ownership costs reinforce multifamily demand
- 1973 vintage presents value-add potential via modernization and targeted upgrades
- 3-mile growth in population and households expands the tenant base and supports occupancy
- Risks: mid-pack safety metrics and a recent uptick in property offenses require active management