| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 82nd | Best |
| Demographics | 56th | Good |
| Amenities | 30th | Poor |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 110 E Baseline Rd, San Dimas, CA, 91773, US |
| Region / Metro | San Dimas |
| Year of Construction | 1979 |
| Units | 52 |
| Transaction Date | 2011-06-01 |
| Transaction Price | $5,695,000 |
| Buyer | DRR Investments LLC |
| Seller | San Dimas Village LLC |
110 E Baseline Rd, San Dimas CA Multifamily Investment
Neighborhood occupancy is among the strongest in the Los Angeles metro, indicating durable renter demand around this address, according to WDSuite’s CRE market data. Elevated ownership costs nearby support lease retention and pricing discipline for well-managed assets.
San Dimas is a suburban pocket within the Los Angeles metro where neighborhood fundamentals skew favorable for income stability. Neighborhood occupancy ranks first among 1,441 metro neighborhoods, pointing to limited vacancy risk at the area level. Median contract rents sit in the upper tier nationally (92nd percentile), which, alongside a rent-to-income ratio near 0.18, suggests room for disciplined pricing while monitoring affordability pressure, based on CRE market data from WDSuite.
Parks access is a relative strength (top quartile nationally), while everyday amenities are mixed: grocery availability trends modestly above national averages, but cafes and pharmacies are sparse. For investors, this indicates a primarily residential environment with lifestyle convenience leaning on nearby corridors rather than dense, walkable retail cores.
The local housing stock skews slightly newer than this asset (area average vintage 1982 vs. property built 1979). That older profile can translate into targeted value‑add through unit updates and systems modernization to improve competitive positioning against late‑vintage peers.
Within a 3‑mile radius, households have increased in recent years even as overall population edged slightly lower, signaling smaller household sizes and a stable tenant base. Projections through 2028 point to a notable increase in households with higher incomes and continued rent growth, supporting occupancy stability and broadening the renter pool. High median home values in the neighborhood (95th percentile nationally) and a value‑to‑income ratio in the upper deciles reinforce reliance on multifamily housing, aiding tenant retention and leasing consistency.
Renter-occupied units represent roughly one‑third of housing in the neighborhood (about 35%), indicating a meaningful but not dominant renter concentration. This balance typically supports steady absorption for professionally managed communities without overreliance on transient demand.
Crime conditions in the surrounding neighborhood compare favorably to many Los Angeles subareas and trend near the national middle. Overall crime performance is competitive among Los Angeles neighborhoods (ranked in the stronger 40% relative to 1,441 neighborhoods) and sits above the national average for safety (around the 66th percentile), according to WDSuite’s data.
Recent trend signals are constructive: estimated violent offenses have declined sharply year over year (about a two‑thirds reduction, a top‑decile improvement nationally), and property offense estimates also moved lower by roughly a third (better than most areas nationwide). While no submarket is risk‑free and conditions can vary block to block, the directional improvement provides a supportive backdrop for tenant retention and operations.
The San Dimas area draws on a diversified suburban employment base that supports commuter convenience and leasing stability, including transportation, waste services, energy, healthcare distribution, and corporate utilities. The employers below are representative anchors within a 25‑mile commute profile.
- Ryder Vehicle Sales — transportation & logistics (8.1 miles)
- Waste Management — environmental services (10.6 miles)
- Chevron — energy offices (13.2 miles)
- Mckesson Medical Surgical — healthcare distribution (13.4 miles)
- Edison International — utilities corporate offices (16.4 miles) — HQ
This 52‑unit, 1979‑vintage property in San Dimas benefits from neighborhood‑level occupancy that ranks at the top of the Los Angeles metro and rent positioning in the upper national tier. The combination of high local home values and a balanced renter concentration supports steady multifamily demand, while modest rent‑to‑income levels provide room for disciplined rent management without overextending tenants. Based on CRE market data from WDSuite, area operating performance trends above national norms, reinforcing an income‑focused thesis.
Given the asset’s slightly older vintage relative to the area (1979 vs. early‑1980s average), targeted renovations and systems upgrades can enhance competitiveness against later‑vintage stock. A diversified suburban employer base within manageable commute distances underpins demand, though investors should underwrite for ongoing capital planning and monitor amenity‑light submarket dynamics.
- Neighborhood occupancy leadership in the LA metro supports low vacancy risk
- High ownership costs reinforce reliance on rentals, aiding retention and pricing power
- 1979 vintage offers value‑add potential through unit and system upgrades
- Diverse suburban employers within ~8–16 miles support a stable tenant base
- Risks: amenity‑light environment and required CapEx; maintain affordability oversight