| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 34th | Poor |
| Demographics | 47th | Fair |
| Amenities | 17th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 375 N Mt Whitney Dr, Lone Pine, CA, 93545, US |
| Region / Metro | Lone Pine |
| Year of Construction | 1985 |
| Units | 34 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
375 N Mt Whitney Dr Lone Pine 34-Unit Multifamily
Mid-1980s vintage offers relative competitive positioning versus older local stock, with manageable rent levels supporting retention potential according to WDSuite’s CRE market data.
Lone Pine is a rural submarket within Inyo County with limited day-to-day amenities nearby and a small local demand base. Neighborhood occupancy trends are soft relative to broader norms, signaling the need for hands-on leasing and positioning to capture demand that does exist. Public school ratings hover around the national midpoint, which is typical for small, low-density markets.
The property’s 1985 construction is newer than the area’s older average housing vintage, indicating potential competitive appeal versus legacy stock while still warranting targeted capital planning for systems and interiors as appropriate. Median rent levels in the neighborhood remain modest and, with a rent-to-income ratio around the low-teens, suggest lower affordability pressure that can aid lease stability for well-managed assets.
Within a 3-mile radius, the population base is small and household sizes skew smaller, which can support demand for efficiently sized units and attentive management focused on retention. Roughly a third of local housing units are renter-occupied, indicating a measurable but finite tenant pool; investors should expect steady but relationship-driven leasing rather than broad-based absorption seen in larger metros.
Home values in the area are comparatively lower than many coastal California markets, which can introduce some competition from ownership. For multifamily owners, this typically means pricing power is earned through asset quality, convenience, and service rather than market momentum alone. Positioning around updated finishes and reliable operations can help sustain occupancy despite the limited amenity base.
Neighborhood safety indicators compare favorably in a national context. Property-related offenses are in the top tier nationally, and recent data shows a meaningful year-over-year decline, while violent offense measures trend in the top quartile nationwide. This places the area above many U.S. neighborhoods for safety, according to CRE market data from WDSuite.
At the metro level, the neighborhood ranks competitively among 11 Inyo County neighborhoods, and ongoing monitoring is prudent: recent trends show improvement in property offenses alongside a minor uptick in violent offense rates. For investors, the mix suggests a generally stable operating backdrop with typical small-market variability.
This 34-unit asset, built in 1985, is materially newer than much of the surrounding housing stock, creating relative competitiveness versus older properties while leaving room for targeted value-add. The neighborhood’s modest rents and low rent-to-income levels support retention, but soft area occupancy underscores the need for focused leasing and property-level differentiation. According to commercial real estate analysis from WDSuite, the area’s safety profile compares well nationally, which can support tenant satisfaction and stabilize operations in a smaller demand pool.
Given the rural context and limited amenity density, the thesis centers on operational execution: invest where upgrades drive clear tenant preference, manage renewals proactively, and price to local depth rather than headline growth. Lower local home values may limit outsized pricing power, but they also point to steady workforce demand for professionally managed, well-maintained rentals.
- 1985 vintage provides an edge versus older neighborhood stock with selective value-add upside
- Modest rent levels and low rent-to-income support lease retention for well-managed units
- Strong comparative safety metrics nationally can aid tenant satisfaction and stability
- Rural location and thin amenities require hands-on leasing and service-driven differentiation
- Lower area home values may constrain pricing power; underwrite to conservative growth and operating efficiency