| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 75th | Good |
| Demographics | 26th | Fair |
| Amenities | 63rd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 910 S Belle Ave, Corona, CA, 92882, US |
| Region / Metro | Corona |
| Year of Construction | 1983 |
| Units | 36 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
910 S Belle Ave Corona Multifamily Investment Opportunity
Positioned in an inner-suburban pocket with strong renter demand and above-median neighborhood occupancy, the asset benefits from steady leasing dynamics according to WDSuite’s CRE market data.
Corona’s inner-suburban setting combines daily conveniences with commuter access across the Inland Empire. Neighborhood occupancy ranks competitively (ranked 348 among 997 metro neighborhoods) and trends in the upper range nationally, supporting income stability for multifamily operators. Restaurants and parks are notable strengths, with restaurant density competitive in the metro and parks among the strongest access points locally, while grocery options are also robust. Cafe and pharmacy density are comparatively thin, so resident convenience tilts toward essentials rather than boutique retail.
The property’s 1983 vintage is newer than the neighborhood’s older housing stock, which can enhance competitive positioning versus mid‑century assets. Investors should still plan for targeted modernization of aging systems and common areas to sustain rentability against newer deliveries.
Within a 3‑mile radius, the area shows a meaningful owner base alongside a sizeable renter‑occupied segment, indicating a broad tenant pool for workforce and middle‑income housing. Neighborhood home values sit on the higher end nationally, which tends to reinforce reliance on rental options and can aid lease retention. Rents in the immediate neighborhood benchmark above national medians, pointing to pricing power potential when paired with product differentiation.
Three‑mile demographic data indicate population is trending flat to slightly lower while household counts are projected to grow and average household size to moderate. For multifamily, that mix can expand the tenant base even as population growth slows, supporting occupancy stability and demand for well‑located units.
Safety indicators are mixed and should be evaluated contextually. Overall crime sits around the national median (national percentile near the middle), and the neighborhood ranks 421 out of 997 metro neighborhoods—roughly mid‑pack within the Riverside–San Bernardino–Ontario region. Recent trends show a sharp year‑over‑year decline in property offenses, a positive directional signal for day‑to‑day security perception, while violent‑offense measures track below national medians with some recent uptick.
For investors, the key takeaway is stability rather than outlier performance: due diligence on micro‑location, site security, and resident screening can help sustain leasing performance in line with broader neighborhood norms.
Nearby employment is anchored by healthcare distribution, consumer packaged goods, environmental services, transportation, and financial services, providing a diversified commuter base that can support renter demand and retention for workforce housing.
- Mckesson Medical Surgical — medical distribution (8.6 miles)
- General Mills — consumer packaged goods (10.6 miles)
- Waste Management — environmental services (11.2 miles)
- Ryder Vehicle Sales — transportation & logistics (13.9 miles)
- First American Financial — title & property services (20.4 miles) — HQ
910 S Belle Ave offers investors exposure to a competitive Corona neighborhood where occupancy trends run above the metro median and lifestyle amenities emphasize parks, restaurants, and everyday retail. The 1983 construction is newer than much of the surrounding stock, positioning the asset to capture demand with selective capital improvements that elevate finishes and operating efficiency. Elevated neighborhood home values bolster reliance on rental housing, supporting pricing power when paired with strong management and unit quality, based on CRE market data from WDSuite.
Within a 3‑mile radius, projections show household growth and smaller average household sizes over the next few years, which can expand the renter pool even as population growth is modest. Balanced safety indicators and a diversified employment base nearby point to durable demand drivers, though operators should manage affordability pressure with disciplined renewals and amenity-driven retention.
- Competitive neighborhood occupancy supports income stability
- 1983 vintage offers value‑add and systems‑upgrade upside versus older stock
- High home values in the area reinforce reliance on multifamily rentals
- Diversified nearby employers underpin commuter demand and retention
- Risk: affordability pressure requires careful lease management and resident retention strategy