| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 63rd | Fair |
| Demographics | 60th | Best |
| Amenities | 48th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 78050 Hidden River Rd, Bermuda Dunes, CA, 92203, US |
| Region / Metro | Bermuda Dunes |
| Year of Construction | 1988 |
| Units | 57 |
| Transaction Date | 1993-11-09 |
| Transaction Price | $1,625,000 |
| Buyer | DIETERLE WILLIAM LEE |
| Seller | IMPERIAL BANK |
78050 Hidden River Rd Bermuda Dunes Multifamily Opportunity
Neighboring submarket indicators point to durable renter demand supported by a high-cost ownership market and steady household growth, according to WDSuite’s CRE market data. Investors should weigh improving, yet mixed, neighborhood occupancy signals against rising incomes and rent levels.
Neighborhood context and livability
Within the Riverside–San Bernardino–Ontario metro, the neighborhood ranks 186 out of 997, placing it in the top quartile among metro neighborhoods. That positioning reflects solid fundamentals for a suburban location, with access to everyday necessities and services rather than dense, urban amenity clustering.
Local services trend above national medians for pharmacies and grocery access, while cafes and parks are limited. For family-oriented renters, the average school rating in the neighborhood sits below national norms, which may influence unit mix strategies and marketing toward adult and downsizing households.
Multifamily demand is underpinned by a high-cost ownership market: neighborhood home values are elevated relative to national benchmarks, which tends to sustain reliance on rental housing and support pricing power. At the same time, rent-to-income levels indicate manageable affordability pressure, helping retention and lease stability.
Neighborhood-level occupancy has been softer than many peer areas but has improved in recent years. For investors, that combination suggests attention to leasing execution and renewal management, with potential upside as household formation trends continue. Within a 3-mile radius, recent data show modest population growth and an increase in households, with projections calling for further population and household gains—expanding the tenant base and supporting long-run absorption, based on commercial real estate analysis from WDSuite.
Vintage matters here: the property’s 1988 construction is newer than the neighborhood’s average vintage (early 1980s), offering a relative competitive edge versus older stock. However, systems are approaching age where targeted modernization (exteriors, common areas, in-unit finishes, and building systems) can enhance rent positioning and reduce long-term capital surprises.
Safety context
Compared with the wider metro, the neighborhood’s crime ranking sits around 668 out of 997 neighborhoods, indicating safety levels below the metro median. Nationally, comparative metrics place the area below the midpoint for safety. Investors should account for these dynamics in on-site security measures, lighting, and resident experience planning.
Recent trends show property incidents moving lower year over year, which is an encouraging direction. Violent-offense indicators remain below national medians but have shown variability; prudent underwriting should reflect operating practices that support resident confidence and retention.
Nearby employment is anchored by essential services and corporate operations that support steady commuter demand for workforce housing.
- Waste Management — waste services (3.2 miles)
This 57-unit asset, built in 1988, offers a relatively newer vintage than much of the surrounding stock, positioning it well against older competitors while allowing room for targeted value-add. Demand is supported by elevated home values that reinforce renter reliance on multifamily housing and by rent-to-income levels that suggest manageable affordability pressure and potential for stable renewals, based on CRE market data from WDSuite.
Neighborhood occupancy has trailed stronger submarkets but has trended better, and 3-mile demographics indicate population growth and a notable increase in households ahead—expanding the tenant base and supporting long-term leasing fundamentals. Execution focus should include leasing velocity, resident retention, and selective capital improvements to capture rent premiums without overextending budgets.
- Newer 1988 vintage vs. neighborhood average offers competitive positioning with targeted modernization upside.
- High-cost ownership market supports sustained rental demand and pricing power.
- 3-mile radius shows population and household growth, expanding the renter pool and supporting occupancy stability.
- Above-median income trends and strong rent levels favor renewal management and revenue consistency.
- Risk: neighborhood safety ranks below metro median and occupancy has been softer—plan for security, leasing execution, and prudent underwriting.