| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 58th | Poor |
| Demographics | 74th | Best |
| Amenities | 16th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1211 E Vista Chino Rd, Palm Springs, CA, 92262, US |
| Region / Metro | Palm Springs |
| Year of Construction | 2007 |
| Units | 80 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1211 E Vista Chino Rd Palm Springs 80-Unit Multifamily
Elevated ownership costs in the neighborhood, according to WDSuite’s CRE market data, tend to reinforce renter reliance and support demand for a 2007-vintage asset in Palm Springs.
This Palm Springs suburban neighborhood shows renter demand supported by a higher share of renter-occupied housing units than many areas nationwide, which indicates a deeper tenant base for multifamily. Neighborhood occupancy levels are measured for the neighborhood and not the property; current readings are comparatively soft, so operators should prioritize leasing efficiency and retention to stabilize performance.
The area skews newer than much of the local stock average (1970s vintage), and this property’s 2007 construction positions it competitively versus older buildings while still warranting routine system updates as part of capital planning. Pharmacy access is comparatively strong locally, while other day-to-day amenities such as grocery, parks, and cafes are sparse in the immediate vicinity; investors should lean on drive-time convenience and on-site offerings to support leasing.
Within a 3-mile radius, households have inched up even as population edged down, signaling smaller household sizes and a stable to expanding renter pool. Looking ahead, forecasts in WDSuite indicate further increases in household count alongside rising incomes, which can support rent growth and occupancy stability for well-managed assets.
Home values in the neighborhood are elevated relative to national norms, which typically sustains multifamily demand and can aid lease retention. School ratings sit around the national middle, which is adequate for broad renter profiles but may require value-focused amenity programming to compete with top-rated school districts elsewhere in the metro.
Safety indicators for the neighborhood trend below national percentiles, reflecting comparatively higher property-related incident rates versus many U.S. neighborhoods. This is neighborhood-level context rather than a property-specific measure; investors often address this with lighting, access control, and partnership with local patrols to support resident confidence and retention.
Regional trends can shift, so monitoring updated neighborhood crime signals and comparing them with broader Riverside–San Bernardino–Ontario metro patterns is prudent for underwriting and ongoing operations.
The employment base within commuting range is diversified across environmental services and consumer goods, supporting renter demand through steady regional payrolls and practical drive-time commutes. Notable nearby employers include Waste Management and General Mills.
- Waste Management — environmental services (12.0 miles)
- General Mills — consumer packaged goods (40.7 miles)
Built in 2007, this 80-unit asset offers a competitive position versus the neighborhood’s older housing stock, with modern layouts and systems that can reduce near-term capital intensity while still leaving room for targeted upgrades. Elevated neighborhood home values tend to sustain multifamily reliance, and, according to CRE market data from WDSuite, household counts within 3 miles are rising over time despite smaller household sizes—factors that can support occupancy stability when paired with disciplined leasing.
Neighborhood amenities are mixed—pharmacy access is strong but other daily conveniences are thin—so on-site features and management performance are important for retention and pricing power. Safety metrics trend below national percentiles at the neighborhood level; appropriate security planning and resident engagement should be incorporated into underwriting and operations.
- 2007 vintage competes well against older local stock with manageable modernization scope
- Elevated ownership costs locally reinforce rental demand and lease retention potential
- 3-mile household growth and income gains support rent levels and occupancy
- Limited nearby amenities and below-average safety require active management and security planning