| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 59th | Poor |
| Demographics | 35th | Fair |
| Amenities | 82nd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1801 Ellis Lake Dr, Marysville, CA, 95901, US |
| Region / Metro | Marysville |
| Year of Construction | 1987 |
| Units | 58 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1801 Ellis Lake Dr Marysville 58-Unit Multifamily
Renter demand is reinforced by a high neighborhood renter-occupied share and strong daily-needs amenities, according to WDSuite’s CRE market data. This positioning can support stable leasing while offering value-add potential given the 1987 vintage versus older nearby stock.
Located in Marysville’s Inner Suburb cluster, the neighborhood rates A+ and ranks 2 out of 56 metro neighborhoods, signaling strong local fundamentals relative to the Yuba City, CA metro. Dining, grocery, parks, and pharmacy access score in the top quartile nationally, helping sustain renter convenience and day-to-day livability that supports retention.
Amenity density is a core strength: restaurants and groceries are competitive among Yuba City–area neighborhoods (ranks of 3 and 7 out of 56, respectively) with national percentiles near the top quartile. Cafes, childcare, parks, and pharmacies also land in upper national percentiles, providing diversified services that help stabilize renter appeal beyond peak leasing seasons.
Neighborhood occupancy sits near the national mid-range, while the share of renter-occupied housing is high (97th percentile nationally). For multifamily investors, that elevated renter concentration indicates a deeper tenant base and durable demand for professionally managed units. Average school ratings hover around the national mid-range (above the metro median by rank), which can help with family-tenant retention without being a primary pricing lever.
Within a 3-mile radius, population and households have grown and are projected to continue expanding, increasing the prospective renter pool. Median home values are elevated for local incomes (value-to-income ratio in the top decile nationally), a high-cost ownership landscape that tends to reinforce reliance on rental housing and support lease stability for well-run properties.
Construction across the neighborhood skews older (average year 1949). By comparison, this property’s 1987 vintage is newer than much of the surrounding stock, which can offer a competitive edge versus pre-war buildings while still leaving room for targeted modernization to drive rentability and improve operating efficiency.
Safety indicators compare favorably to national norms overall, with the neighborhood landing above the national median for lower violent and property offenses. Among the 56 neighborhoods in the Yuba City, CA metro, it performs competitively, contributing to renter confidence and leasing stability without implying block-level conditions.
Recent trends are mixed: violent offense rates have improved markedly year over year (a stronger trajectory than many U.S. neighborhoods), while property offenses ticked up. For investors, this suggests monitoring on-site security practices and lighting, along with standard resident screening and partnership with local community programs.
Regional employers within commuting range provide a diversified employment base that can support renter demand and retention, including healthcare services, medical distribution, paper/packaging, semiconductors, and distribution.
- Xerox State Healthcare — healthcare services (39.0 miles)
- Cardinal Health — medical distribution (39.2 miles)
- International Paper — paper & packaging (40.6 miles)
- Intel Folsom FM5 — semiconductors (42.0 miles)
- DISH Network Distribution Center — distribution (44.5 miles)
This 58-unit, 1987-vintage asset benefits from a high renter-occupied share in an A+-rated neighborhood with strong amenity access, supporting day-to-day livability and demand depth. Based on CRE market data from WDSuite, neighborhood occupancy trends are near national mid-range while the ownership market remains comparatively high-cost for local incomes, reinforcing reliance on rentals and aiding lease retention when operations are disciplined.
The asset’s vintage is newer than much of the local housing stock, offering relative competitiveness versus older buildings while preserving value-add potential through targeted interior updates and systems modernization. Within a 3-mile radius, population and households are expanding, which points to a larger tenant base and supports occupancy stability over the hold period.
- High neighborhood renter concentration supports demand depth and leasing velocity.
- Amenity-rich location (food, grocery, parks, pharmacies) helps sustain retention and pricing power.
- 1987 vintage is newer than much of the area, with clear value-add and modernization levers.
- High-cost ownership market relative to incomes supports continued reliance on multifamily housing.
- Risks: occupancy sits near the mid-range and property offense trends warrant routine security and lease management focus.