| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 65th | Good |
| Demographics | 9th | Poor |
| Amenities | 9th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 36850 S Lassen Ave, Huron, CA, 93234, US |
| Region / Metro | Huron |
| Year of Construction | 2001 |
| Units | 40 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
36850 S Lassen Ave, Huron, CA Multifamily Investment
Neighborhood tenure data points to a renter-occupied majority, supporting demand depth for a 40-unit asset, according to WDSuite’s CRE market data. Elevated ownership costs in the area further sustain reliance on rentals, helping underpin occupancy stability over time.
The property sits in a suburban pocket of Fresno County where renter-occupied housing is prevalent at the neighborhood level. With a renter concentration that is competitive among Fresno neighborhoods (rank 63 of 246), investors can expect a relatively deep tenant base that supports leasing and renewal activity. By contrast, the neighborhood s occupancy rate ranks below the metro median (218 of 246), suggesting that disciplined operations and pricing will matter for maintaining stability through cycles.
Within a 3-mile radius, population has expanded in recent years and is projected to continue growing, indicating a larger tenant base ahead. Households also trend higher over the next five years alongside rising average household size, which can translate into sustained demand for larger floor plans and family-oriented unit mixes. These dynamics, based on CRE market data from WDSuite, support the case for consistent renter demand rather than rapid lease-up plays.
Local amenities are limited at the neighborhood scale (few cafes, parks, and pharmacies), so residents may rely on a broader trade area for daily needs. For underwriting, this means marketing should emphasize unit livability and commute tolerance over walkable retail. School ratings benchmark low in WDSuite s database, which may temper appeal for some family renters; however, larger households in the 3-mile area still point to steady absorption for practical, well-managed multifamily housing.
Home values sit in a high-cost ownership context relative to incomes (value-to-income ratio in the top decile nationally), which tends to reinforce renter reliance on multifamily housing and can support pricing power when paired with thoughtful lease management. Rent-to-income levels near the neighborhood median flag affordability pressure to monitor, making measured rent growth and resident retention strategies important for minimizing turnover.
Neighborhood-level crime statistics for this specific area are not available in WDSuite s dataset. Investors should compare any future, verified figures to Fresno metro benchmarks to understand whether the area aligns with metro averages, is competitive among peer neighborhoods, or trends below the metro median.
As with any suburban Central Valley location, prudent underwriting includes reviewing recent, validated public sources and property-level incident logs, then calibrating on-site measures (lighting, access control, and community standards) accordingly.
Regional food processing and distribution provide a commuting employment base that can support workforce housing demand, notably from shift-based operations.
- Con Agra Foods industry/role: food processing (22.7 miles)
This 40-unit asset is positioned in a renter-driven neighborhood, where a high share of housing units are renter-occupied and ownership remains relatively costly compared to local incomes. Population and household growth within a 3-mile radius point to a larger renter pool ahead, supporting occupancy stability and steady leasing when operations emphasize retention and measured pricing. According to commercial real estate analysis from WDSuite, the local occupancy rank sits below the metro median, so performance should rely on active management rather than passive tailwinds.
Amenities are sparse at the neighborhood level and school benchmarks are low, which may limit purely lifestyle-driven demand; however, larger household sizes and workforce-oriented commuting patterns can sustain demand for practical unit layouts. Overall, the opportunity favors disciplined asset management, durable tenancy, and expense control to translate neighborhood demand into consistent cash flow.
- Strong renter base supports demand depth and renewal potential
- 3-mile population and household growth expand the tenant pool
- High relative ownership costs reinforce reliance on rentals and pricing power
- Operational focus can offset below-metro occupancy rank for stable performance
- Risks: limited nearby amenities and low school benchmarks may narrow family-driven demand