| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 60th | Good |
| Demographics | 15th | Poor |
| Amenities | 58th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 455 E Wutchumna Ave, Woodlake, CA, 93286, US |
| Region / Metro | Woodlake |
| Year of Construction | 1985 |
| Units | 40 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
455 E Wutchumna Ave Woodlake Multifamily Investment
Strong neighborhood-level occupancy at 98.2% signals stable rental demand in this Central Valley market, according to CRE market data from WDSuite.
This 40-unit property, built in 1985, sits in Woodlake's inner suburb environment where neighborhood-level occupancy reaches 98.2%, ranking in the top quartile among 142 metro neighborhoods. The construction vintage aligns with investor expectations for moderate capital expenditure planning while maintaining competitive positioning.
Demographics within a 3-mile radius show 51.4% of housing units are renter-occupied, supporting sustained rental demand. With median household income at $47,753 and contract rents at $649, the rent-to-income ratio remains manageable for tenant retention. Five-year demographic projections indicate household growth of 28.3%, expanding the potential renter pool.
Local amenities include strong grocery store density at 2.94 stores per square mile, ranking in the 89th percentile nationally for convenience access. Restaurant density also performs well at 5.88 per square mile, supporting tenant appeal. However, limited childcare and recreational amenities may affect family tenant attraction.
The neighborhood earned a B+ rating with particular strength in housing fundamentals, though demographics rank below metro median. Home values at $261,711 with a 61.5% five-year appreciation rate may reinforce rental demand as ownership costs remain elevated relative to local incomes.
Crime data for this Woodlake neighborhood is not currently available in the market dataset, limiting direct safety comparisons to metro and national benchmarks. Investors should conduct independent due diligence on local crime trends and consider engaging with local law enforcement for current safety assessments.
The neighborhood's inner suburb classification typically correlates with more stable residential patterns, though specific crime metrics would provide better context for tenant security concerns and insurance considerations.
The local employment base includes regional corporate offices that support workforce housing demand in the Central Valley market.
- International Paper — manufacturing operations (9.3 miles)
This Woodlake property benefits from exceptional neighborhood-level occupancy at 98.2%, ranking in the top quartile among 142 metro neighborhoods. The 1985 construction vintage positions the asset for moderate capital planning while maintaining competitive appeal. With 51.4% of area housing units renter-occupied and projected household growth of 28.3% over five years, rental demand fundamentals appear stable.
Rising home values and elevated ownership costs relative to local incomes may continue reinforcing rental demand, though investors should monitor affordability pressures as median household income trails national benchmarks. The property's location offers grocery and restaurant access that supports tenant retention, balanced against limited recreational amenities.
- Neighborhood occupancy at 98.2% ranks top quartile regionally
- Projected 28.3% household growth expands renter pool
- 1985 vintage allows moderate capital expenditure planning
- Strong grocery and restaurant density supports tenant appeal
- Risk: Below-average demographics and limited employer diversity