| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 53rd | Poor |
| Demographics | 26th | Fair |
| Amenities | 52nd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1775 S Santa Fe Ave, San Jacinto, CA, 92583, US |
| Region / Metro | San Jacinto |
| Year of Construction | 1991 |
| Units | 20 |
| Transaction Date | 2009-06-24 |
| Transaction Price | $1,350,000 |
| Buyer | LA JOLLA BANK FSB |
| Seller | NELSON DEVELOPMENT LLC |
1775 S Santa Fe Ave San Jacinto 20-Unit Multifamily
Steady neighborhood occupancy and a sizable renter-occupied base point to durable demand, according to WDSuite’s CRE market data. With 1991 construction, this 20-unit asset can compete well against older local stock while leaving room for targeted upgrades.
Neighborhood dynamics and multifamily demand
Set in San Jacinto’s inner-suburban fabric (B- neighborhood rating), the area sits mid-pack among 997 Riverside–San Bernardino–Ontario neighborhoods, but stands out for renter demand fundamentals. Neighborhood occupancy trends in the top quartile nationally, supporting lease stability for multifamily operators based on CRE market data from WDSuite.
Amenity access is mixed: cafes and pharmacies index well versus national peers, while park space and childcare options are more limited. For investors, this combination typically supports day-to-day convenience for residents without the pricing premiums seen in core amenity hubs.
Renter-occupied housing accounts for a high share of neighborhood units, indicating a deep tenant base that can help backfill turnover and sustain occupancy. Within a 3-mile radius, population and household counts have grown and are projected to continue expanding, pointing to a larger tenant pool ahead; forecasts also indicate smaller average household sizes, which can translate into additional households seeking rental options.
Ownership costs in the immediate neighborhood index lower than many U.S. areas, which can create some competition from entry-level ownership. At the same time, rent-to-income ratios trend relatively manageable here, a profile that can aid resident retention while suggesting more measured near-term pricing power.
Safety context
Relative to 997 neighborhoods across the Riverside–San Bernardino–Ontario metro, this area ranks below the metro average for safety and sits below the national middle tier. For underwriting, that typically warrants attention to security features and resident screening to support retention and reputation.
Recent trends are mixed: property-related offenses have moved lower year over year, while violent incidents have edged higher. The directional improvement in property crime is a constructive signal, but investors should plan for ongoing monitoring and appropriate operating practices.
Anchor employers supporting renter demand
Proximity to regional corporate offices provides commute access for a diverse workforce. Notable employers in reach include General Mills, Kinder Morgan, Waste Management, McKesson Medical Surgical, and Gilead Sciences—each contributing to a varied employment base that can support leasing stability.
- General Mills — corporate offices (16.7 miles)
- Kinder Morgan — corporate offices (30.7 miles)
- Waste Management — corporate offices (34.8 miles)
- Mckesson Medical Surgical — corporate offices (43.0 miles)
- Gilead Sciences — corporate offices (43.2 miles)
Why invest
Built in 1991, the property is newer than much of the local housing stock, offering competitive positioning versus older assets while leaving room for selective modernization to enhance rents and resident experience. Neighborhood occupancy performance is strong—top quartile nationally and competitive within the metro—which supports cash-flow durability through cycles, according to CRE market data from WDSuite.
Within a 3-mile radius, recent population and household growth—and forecasts calling for further expansion alongside smaller average household sizes—indicate a larger renter pool over time. Amenity access is adequate for day-to-day needs, while relatively accessible ownership in the immediate area may introduce some competition; paired with generally manageable rent-to-income levels, this points to solid retention with measured pricing power.
- Top-quartile neighborhood occupancy and competitive metro standing support leasing stability
- 1991 vintage offers a newer baseline than local averages with targeted value-add potential
- 3-mile population and household growth expand the tenant base and support absorption
- Amenity mix favors daily convenience without core-market pricing premiums
- Risks: below-metro-average safety and more accessible ownership options may temper rent growth; active management can mitigate