| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 61st | Fair |
| Demographics | 55th | Good |
| Amenities | 70th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 36700 Pickfair St, Cathedral City, CA, 92234, US |
| Region / Metro | Cathedral City |
| Year of Construction | 2006 |
| Units | 61 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
36700 Pickfair St, Cathedral City CA — 61-Unit Multifamily Built 2006
Newer vintage relative to the area and an A-rated neighborhood position suggest durable renter appeal, according to CRE market data from WDSuite, with amenity access and a solid renter-occupied share supporting leasing stability.
The property sits in an A-rated Suburban neighborhood that ranks 100th out of 997 neighborhoods in the Riverside–San Bernardino–Ontario metro, placing it in the top quartile among metro peers. Amenity access is a local strength: restaurants and cafes score in the upper national percentiles, alongside parks, groceries, and pharmacies, reinforcing day-to-day convenience that helps with leasing and retention.
Area occupancy for the neighborhood is reported by WDSuite as moderate rather than tight, while the renter-occupied share is above the national median. This combination points to a viable tenant base with room for thoughtful leasing strategy and asset positioning. Elevated home values relative to incomes in the neighborhood rank near the top nationally, indicating a high-cost ownership market that can sustain reliance on multifamily housing and support pricing power when operations are well executed.
Within a 3-mile radius, demographics show a slight population dip in recent years but an increase in households, signaling smaller household sizes and a gradually expanding renter pool. Forward-looking projections indicate growth in both population and household counts, which would broaden the local tenant base and support occupancy over the medium term. Reported rent levels in the immediate area remain below many coastal California submarkets, offering room for operational value creation where renovations or management improvements justify it.
One local constraint is limited childcare density compared to national benchmarks, which may matter for family-oriented units. Still, amenity strengths and neighborhood standing remain competitive among metro neighborhoods, positioning the asset to capture steady demand from a diverse renter profile.
Comparable safety data for this neighborhood is not available in WDSuite s current release, so investors should benchmark conditions against city and metro trends and incorporate on-the-ground diligence. When crime metrics are published, the most useful lens is comparative performance versus the metro and national percentiles, rather than block-level anecdotes.
Employment access is supported by nearby corporate services that contribute to steady renter demand and manageable commutes. Notable employer activity is outlined below.
- Waste Management corporate offices (6.5 miles)
Built in 2006, the 61-unit asset is newer than the area s average vintage, providing a competitive edge versus older stock and potentially lower near-term capital needs, while still offering targeted renovation upside for unit interiors and common areas. The property benefits from an A-rated neighborhood with strong amenity access and a renter-occupied share above national norms, even as neighborhood occupancy trends indicate the need for disciplined leasing and revenue management. Elevated local home values relative to incomes underpin sustained reliance on rentals, supporting long-run demand.
Within a 3-mile radius, households have grown despite flat-to-soft population trends, and projections point to increases in both population and households—factors that expand the tenant base and support occupancy stability. According to CRE market data from WDSuite, the neighborhood s amenity profile ranks well nationally for daily needs and leisure, which can enhance retention and bolster long-term performance when paired with thoughtful capital planning.
- 2006 construction offers competitive positioning versus older local stock with selective value-add potential
- A-rated, top-quartile neighborhood standing with strong amenity access that supports leasing and retention
- High-cost ownership market reinforces renter reliance on multifamily housing and pricing power
- 3-mile outlook shows growth in population and households, expanding the tenant base over time
- Risks: neighborhood occupancy is not tight; limited childcare density suggests careful unit mix and leasing strategy