| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 58th | Fair |
| Demographics | 2nd | Poor |
| Amenities | 10th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 36862 Los Angeles St, Huron, CA, 93234, US |
| Region / Metro | Huron |
| Year of Construction | 2008 |
| Units | 20 |
| Transaction Date | 2013-03-13 |
| Transaction Price | $50,000 |
| Buyer | HURON VILLAS LLC |
| Seller | HURON VILLAS LLC |
36862 Los Angeles St, Huron, CA Multifamily Investment
Neighborhood occupancy has been resilient and renter demand is deep, according to WDSuite s CRE market data, indicating potential stability for a smaller property footprint in a workforce-oriented pocket of Fresno County. Metrics referenced reflect neighborhood conditions, not the property s own occupancy.
This inner-suburban neighborhood in Huron skews heavily renter-occupied, with a renter concentration ranking in the top quartile among 246 Fresno metro neighborhoods. That depth of renter-occupied units supports a larger tenant base and can underpin leasing durability for a compact, 20-unit asset.
Neighborhood occupancy trends are competitive nationally (around the 65th percentile) even if the area ranks below the metro median, signaling a baseline of demand that has held through recent cycles based on CRE market data from WDSuite. Typical contract rents in the neighborhood remain modest by national standards, which can aid lease retention and reduce turnover risk when managed with disciplined renewals.
Livability is functional but sparse: amenities score in lower national percentiles with few cafes, parks, or childcare options nearby. For investors, that usually emphasizes value positioning and workforce housing dynamics rather than amenity-driven premiums. The average neighborhood construction vintage is older (1970s), while this property s 2008 build is newer than local stock, offering relative competitiveness versus older assets and potentially lighter near-term capital needs aside from normal system updates.
Within a 3-mile radius, population has increased in recent years and is projected to continue growing, with households also expected to rise and average household size trending higher. That trajectory points to a larger tenant pool and sustained demand for rental units, though unit mix and management strategies should account for larger households and value-oriented pricing.
Comparable, property-level safety data are not available in WDSuite for this neighborhood. Investors commonly benchmark local conditions by reviewing city and county reports and comparing them to Fresno metro norms over time. Given the rural, inner-suburban context, safety dynamics can vary by micro-location; underwriting typically reflects conservative assumptions and onsite management practices rather than block-level conclusions.
Regional employment access is anchored by food processing and related industrial roles, supporting workforce renter demand and commute-based retention. The following employer reflects this base.
- Con Agra Foods — food processing (22.6 miles)
Built in 2008, this 20-unit asset is newer than much of the neighborhood s 1970s-era stock, offering relative competitiveness and potential for steady operations versus older comparables. The surrounding neighborhood shows a high share of renter-occupied units and nationally above-median occupancy, pointing to demand depth and potential stability. According to commercial real estate analysis from WDSuite, modest neighborhood rents and a value-oriented tenant base can support retention when paired with disciplined leasing and cost control.
Forward-looking demographic indicators within a 3-mile radius suggest population and households are set to expand, which can enlarge the tenant pool. Management should align unit mix, pricing, and resident services with larger household sizes and workforce incomes to sustain occupancy and reduce turnover, while planning routine capital for a 2008 vintage to maintain competitive positioning.
- Newer 2008 construction versus older neighborhood stock supports competitive positioning and manageable near-term capex.
- High renter-occupied share and above-median national occupancy support a deeper tenant base and leasing stability.
- Value-oriented neighborhood rents can aid retention and limit vacancy when renewals are actively managed.
- 3-mile demographic growth outlook indicates a larger renter pool, reinforcing demand for multifamily units.
- Risk: amenity-light location and limited nearby corporate anchors may cap rent premiums and require sharper expense control.