| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 61st | Fair |
| Demographics | 55th | Good |
| Amenities | 70th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 37101 W Buddy Rogers Ave, Cathedral City, CA, 92234, US |
| Region / Metro | Cathedral City |
| Year of Construction | 2009 |
| Units | 28 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
37101 W Buddy Rogers Ave 2009 Multifamily Investment
Newer construction relative to local housing stock positions the asset for competitive leasing and steady renter demand, according to WDSuite s CRE market data. The surrounding neighborhood shows improving occupancy and a tenant base supported by a high-cost ownership market.
The property sits in an A-rated, suburban neighborhood within the Riverside San Bernardino Ontario metro, competitive among metro peers (ranked 100 out of 997 neighborhoods). Dining and daily-needs access are solid, with restaurants, cafes, groceries, pharmacies, and parks all scoring above national averages, while childcare density is comparatively thin. These amenity dynamics support resident convenience and leasing appeal without relying on destination commuting.
The area s housing stock skews older (average construction year 1971), which makes a 2009 vintage asset relatively competitive versus nearby properties that may require heavier capex to meet current renter expectations. Neighborhood occupancy has trended higher over the past five years, supporting a case for leasing stability and predictable operations rather than outsized volatility, based on CRE market data from WDSuite.
Tenure patterns indicate roughly one-third of housing units are renter-occupied in the neighborhood, signaling a stable renter concentration and adequate depth for a 28-unit asset. Within a 3-mile radius, recent years show a slight population dip but an increase in households and families, implying smaller household sizes and steady demand for rental options; forward-looking projections point to population and household growth, which supports a larger tenant base and future absorption potential.
Home values in the neighborhood sit well above national norms, and the value-to-income ratio ranks in the top decile nationally. In investor terms, this high-cost ownership market tends to reinforce renter reliance on multifamily housing and can support pricing power and retention, while current rent-to-income levels suggest manageable affordability pressure that favors steady lease performance.
Comparable crime benchmarking for this specific neighborhood is not available in WDSuite s dataset for the current period. Investors typically contextualize property-level risk by reviewing Cathedral City and broader Riverside San Bernardino Ontario metro trends, then aligning on-site measures (lighting, access control, resident engagement) with local best practices.
As with any submarket assessment, consider directional indicators and multi-year trends rather than single-period readings, and pair third-party data with property management insights to inform underwriting and operating plans.
The local employment base includes regional corporate services that support steady renter demand and commute convenience for workforce tenants, notably in environmental services.
- Waste Management environmental services (6.6 miles)
Built in 2009, this 28-unit asset is newer than much of the surrounding housing stock, offering competitive positioning versus older properties that may face higher near-term capex. Neighborhood occupancy has improved over the past five years and renter concentration is sufficient for a property of this scale, while elevated home values in Cathedral City indicate a high-cost ownership market that supports sustained rental demand. According to CRE market data from WDSuite, local amenities are strong in daily-needs categories, reinforcing livability and lease retention.
Within a 3-mile radius, households and families have increased even as recent population trends were flat to slightly negative, and projections call for growth ahead. For investors, that points to a gradually expanding renter pool and support for occupancy stability, with the 2009 vintage allowing selective value-add or modernization to drive rent premiums against older comparables.
- 2009 vintage competes well against older neighborhood stock, limiting immediate heavy capex
- Improving neighborhood occupancy trends support leasing stability and predictable operations
- High-cost ownership market reinforces renter demand and potential pricing power
- 3-mile projections indicate population and household growth, supporting a larger tenant base
- Risks: childcare amenity depth is limited; recent population softness requires disciplined leasing and retention management