| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 59th | Poor |
| Demographics | 46th | Fair |
| Amenities | 37th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 719 F St, West Sacramento, CA, 95605, US |
| Region / Metro | West Sacramento |
| Year of Construction | 2006 |
| Units | 51 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
719 F St, West Sacramento Multifamily Investment
Positioned in an inner-suburban pocket of West Sacramento, this 51-unit asset offers newer construction relative to local stock and exposure to a renter-driven submarket, according to WDSuite’s CRE market data.
West Sacramento’s inner-suburban setting supports daily needs with a mix of neighborhood retail and parks. Grocery access is competitive among Sacramento-Roseville-Folsom neighborhoods, and restaurant density also tracks competitively versus the metro, while cafes and pharmacies are thinner in the immediate area. Average school ratings trend below national norms, an underwriting consideration for family-oriented demand.
Renter demand fundamentals present a mixed but investable profile. Neighborhood occupancy has been softer, suggesting leasing requires active management, yet the share of housing units that are renter-occupied is 46.7%, indicating a meaningful tenant base for multifamily operators. Within a 3-mile radius, demographics show population growth alongside a 10%+ increase in households over the last five years, which typically expands the renter pool and helps support occupancy stability.
Ownership costs benchmark high relative to incomes in this neighborhood (elevated home values and value-to-income ratios), a backdrop that often sustains reliance on multifamily rentals and can aid lease retention. Median contract rents in the area sit in the upper national tiers, but rent-to-income levels indicate manageable affordability pressure, supporting pricing power with prudent revenue management.
Vintage context matters for competitive positioning: the average neighborhood construction year skews older (1970s), while the subject property was built in 2006. Newer product can compete effectively against older stock, though investors should still plan for targeted system updates and common-area refreshes over the hold.
Safety indicators sit slightly below national averages, with the neighborhood measuring less safe than many U.S. areas. However, year-over-year trends point to improvement, with both violent and property offense rates declining versus the prior year, based on WDSuite’s CRE market data.
For underwriting, this suggests a need to budget for security-minded operations (lighting, access control) while recognizing recent directional gains. Benchmarks reflect neighborhood-level conditions rather than block-by-block dynamics.
Nearby employers span distribution, healthcare services, and manufacturing, providing a diversified employment base that supports renter demand through commute convenience. The list below reflects the closest drivers likely to influence leasing and retention.
- International Paper — paper & packaging (1.7 miles)
- Xerox State Healthcare — healthcare IT services (2.3 miles)
- Cardinal Health — healthcare distribution (3.0 miles)
- DISH Network Distribution Center — telecom logistics (8.1 miles)
- Intel Folsom FM5 — semiconductors (19.4 miles)
Built in 2006, the property offers a more contemporary profile than much of the surrounding 1970s-era stock, enhancing its competitive stance while leaving room for strategic upgrades. Household growth within a 3-mile radius and a sizable renter-occupied presence point to a durable tenant base. Elevated home values relative to incomes in the neighborhood reinforce reliance on rentals, supporting lease retention and measured pricing power.
Operationally, neighborhood occupancy has been softer, so performance depends on focused leasing and resident retention. Still, grocery and dining access compare competitively within the Sacramento-Roseville-Folsom metro, and year-over-year safety trends have improved. According to CRE market data from WDSuite, these dynamics suggest stable, needs-based demand with value-add potential through targeted interior and common-area improvements.
- 2006 vintage outcompetes older neighborhood stock; plan targeted updates for systems and finishes.
- 3-mile radius shows population and household growth, expanding the renter pool and supporting occupancy.
- High-cost ownership market underpins renter reliance, aiding lease retention and measured rent growth.
- Competitive grocery and dining access within the metro supports livability and leasing.
- Risk: Softer neighborhood occupancy and below-average school ratings require active management and underwriting discipline.