| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 76th | Good |
| Demographics | 68th | Good |
| Amenities | 74th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 205 N Pennsylvania Ave, Glendora, CA, 91741, US |
| Region / Metro | Glendora |
| Year of Construction | 1972 |
| Units | 36 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
205 N Pennsylvania Ave Glendora Multifamily Investment
This 36-unit property built in 1972 sits in a neighborhood with 94.6% occupancy and strong rental fundamentals, according to CRE market data from WDSuite.
This inner suburb neighborhood in Glendora ranks 262nd among 1,441 metro neighborhoods with an A- rating, placing it in the top quartile for overall performance. The area maintains a 94.6% occupancy rate with 37.8% of housing units renter-occupied, supporting consistent rental demand. Demographic data aggregated within a 3-mile radius shows a stable population of approximately 103,000 with median household income of $97,623.
The property's 1972 construction year aligns with the neighborhood average of 1965, suggesting potential value-add opportunities through targeted renovations and unit improvements. Median contract rents of $1,979 have increased 32.8% over five years, indicating strong pricing power. The neighborhood's 96th national percentile for cafe density and 93rd percentile for restaurant access enhance tenant appeal and retention prospects.
Forward-looking demographics project household growth of 33.3% through 2028, with median income rising to $132,720 and contract rents reaching $2,444. High home values at $890,789 median sustain rental demand by keeping ownership costs elevated relative to renting. The area's 84th percentile school rating of 4.0 out of 5 attracts families seeking quality education options.
The neighborhood's crime metrics show mixed trends that warrant monitoring. Property crime rates of 448 incidents per 100,000 residents rank 769th among 1,441 metro neighborhoods, placing it below the metro median. However, property crime has declined 19.9% year-over-year, suggesting improving conditions.
Violent crime rates remain relatively low at 47 incidents per 100,000 residents, though they increased 99.7% year-over-year from a very low baseline. The neighborhood's overall crime ranking places it in the 41st national percentile, indicating average safety performance compared to neighborhoods nationwide. Investors should consider these trends when evaluating tenant retention and property management strategies.
The surrounding area benefits from proximity to major corporate employers that provide workforce housing demand, including energy, industrial, and technology companies within commuting distance.
- Chevron — energy sector (10.3 miles)
- Ryder Vehicle Sales — transportation services (11.2 miles)
- Edison International — utilities HQ (13.5 miles)
- Waste Management — environmental services (14.0 miles)
- United Technologies — aerospace & defense (15.7 miles)
This 36-unit property offers value-add potential through its 1972 vintage, allowing investors to capture upside through strategic renovations while benefiting from strong neighborhood fundamentals. The area's A- rating and top-quartile metro performance reflect stable occupancy at 94.6% and healthy rent growth of 32.8% over five years. Demographic projections show household growth of 33.3% through 2028, expanding the tenant base and supporting long-term rental demand.
High home ownership costs at $890,789 median value reinforce rental demand by keeping households in the multifamily market. Commercial real estate analysis from WDSuite indicates the neighborhood's strong amenity access and school ratings of 4.0 out of 5 enhance tenant retention prospects. The property's average unit size of 1,219 square feet provides competitive positioning in the local rental market.
- Stable 94.6% neighborhood occupancy supports consistent cash flow
- 1972 construction offers value-add renovation opportunities
- 33.3% projected household growth expands tenant base through 2028
- High ownership costs at $890K median sustain rental demand
- Mixed crime trends require ongoing property management attention