| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 62nd | Fair |
| Demographics | 20th | Poor |
| Amenities | 32nd | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 4277 Larson St, Olivehurst, CA, 95961, US |
| Region / Metro | Olivehurst |
| Year of Construction | 1973 |
| Units | 92 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
4277 Larson St Olivehurst Multifamily Investment
This 92-unit property built in 1973 offers value-add potential in a neighborhood with 96.2% occupancy rates and above-average rental demand. According to CRE market data from WDSuite, the area demonstrates stable fundamentals for multifamily property research.
The property is located in an inner suburb neighborhood that ranks in the middle tier among the Yuba City metro's 56 neighborhoods, with a C rating reflecting mixed fundamentals. Built in 1973, this asset represents value-add potential as it predates the neighborhood's 1959 average construction year, positioning it for strategic renovations and rent optimization within an established rental market.
Neighborhood-level occupancy stands at 96.2%, ranking in the top quartile among metro neighborhoods and placing in the 78th percentile nationally. The area maintains a 30.5% share of renter-occupied housing units, indicating solid rental demand depth. Median contract rents of $1,105 have grown 47.8% over five years, though current rent-to-income ratios of 0.22 suggest potential affordability pressures that warrant careful lease management.
Demographics within a 3-mile radius show a population of approximately 19,300 with modest 8.4% growth over five years. Household income averages $86,781 with a median of $68,314, supporting rental demand in this price range. Five-year projections indicate continued population growth to 27,800 residents with household income median rising to $122,094, suggesting strengthening rental fundamentals and potential pricing power over time.
The neighborhood offers limited amenity density with no cafes, childcare centers, or pharmacies per square mile, though grocery store access ranks in the 64th percentile nationally. Park availability ranks in the top quartile nationally, providing tenant appeal. School ratings average 1.25 out of 5, which may influence family tenant retention and should be considered in leasing strategies.
Safety data for this neighborhood is not currently available in the CRE market database, limiting comparative analysis against metro and national trends. Investors should conduct independent due diligence on local crime statistics and security considerations as part of their underwriting process.
The absence of specific safety metrics requires reliance on broader market knowledge and on-site assessment. Consider consulting local law enforcement data, recent incident reports, and tenant feedback during property evaluation to establish baseline security conditions and any necessary operational adjustments.
The employment base features several major corporate offices within commuting distance, providing workforce housing opportunities for professional tenants seeking rental options in the greater Sacramento-Yuba City corridor.
- Cardinal Health — healthcare distribution (33.5 miles)
- Xerox State Healthcare — technology services (33.8 miles)
- International Paper — manufacturing (35.3 miles)
- Intel Folsom FM5 — semiconductor manufacturing (35.9 miles)
- DISH Network Distribution Center — logistics operations (38.7 miles)
This 92-unit property presents a value-add opportunity in a stabilized rental market with neighborhood occupancy rates of 96.2% ranking in the top quartile among Yuba City metro neighborhoods. Built in 1973, the asset offers renovation upside potential to capture rent growth in a market where median contract rents have increased 47.8% over five years. Population growth projections within the 3-mile radius show expansion to 27,800 residents by 2028, supporting tenant demand fundamentals.
The neighborhood's 30.5% renter-occupied housing share provides rental demand depth, while forecasted median household income growth to $122,094 suggests strengthening tenant profiles over the investment horizon. However, commercial real estate analysis indicates limited local amenities and below-average school ratings that may influence family tenant retention strategies and competitive positioning within the broader market.
- Top quartile neighborhood occupancy at 96.2% indicates stable rental demand
- 1973 construction provides value-add renovation opportunities
- Five-year rent growth of 47.8% demonstrates pricing power potential
- Projected population growth to 27,800 residents supports tenant base expansion
- Limited amenity density and school ratings may impact family tenant retention