| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 46th | Poor |
| Demographics | 3rd | Poor |
| Amenities | 24th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 11211 La Habra Ave, Adelanto, CA, 92301, US |
| Region / Metro | Adelanto |
| Year of Construction | 1988 |
| Units | 48 |
| Transaction Date | 2010-07-23 |
| Transaction Price | $1,595,000 |
| Buyer | SUPERIOR HD INVESTMENT LLC |
| Seller | B3 INVESTMENT GROUP LLC |
11211 La Habra Ave, Adelanto CA Multifamily Investment
Neighborhood data points to a deep renter base and occupancy around the metro median, according to WDSuite’s CRE market data. For investors, the concentration of renter-occupied housing supports demand stability for a 48-unit asset in San Bernardino County.
Situated in Adelanto’s inner-suburban fabric of the Riverside–San Bernardino–Ontario metro, the property benefits from a neighborhood with a high share of renter-occupied housing. At the neighborhood scale, renter concentration is elevated relative to the metro, which tends to support a larger tenant base and steadier leasing for multifamily assets.
Everyday amenities are present but varied. Grocery access is competitive among metro neighborhoods (ranked 413 of 997), while cafe density performs in the top quartile locally (ranked 172 of 997; 78th percentile nationally). In contrast, park and pharmacy counts are thin (both ranked 997 of 997), which may translate into modest walkable convenience and a more car-dependent resident profile.
Construction patterns skew older across the neighborhood (average vintage 1969; ranked 722 of 997). With a 1988 build, this asset is newer than the surrounding stock, offering relative competitiveness versus older properties. Investors should still plan for systems upgrades and selective renovations to strengthen positioning against newer deliveries in the broader High Desert corridor.
Demographic statistics aggregated within a 3-mile radius indicate recent population and household growth, with forecasts pointing to further expansion and smaller average household sizes. This mix typically widens the renter pool and supports occupancy stability. Median contract rents in the 3-mile area have trended upward, which can aid revenue management, while requiring attention to rent-to-income levels to balance pricing power with retention.
Safety indicators are mixed and should be evaluated as part of underwriting. The neighborhood’s overall crime rank is below the metro median (ranked 868 of 997), and national positioning sits below the midpoint (27th percentile), signaling higher crime exposure than many U.S. neighborhoods.
Recent year estimates show increases in both violent and property offenses locally. For investors, this warrants pragmatic operating strategies such as lighting upgrades, access controls, and community management to support resident retention and asset performance over time.
Regional employment anchors within commuting range include energy infrastructure, aerospace, consumer goods, environmental services, and transportation equipment. These sectors can support workforce renter demand and lease retention for properties that offer value-oriented housing and car-commute access.
- Kinder Morgan — energy infrastructure (37.1 miles)
- Lockheed Martin Aeronautics Co. — aerospace (39.7 miles)
- General Mills — consumer goods (39.9 miles)
- Waste Management - Palmdale — environmental services (41.7 miles)
- Ryder Vehicle Sales — transportation equipment (43.6 miles)
This 48-unit, 1988-vintage property sits in a neighborhood with elevated renter-occupied housing share and occupancy near the metro median, supporting durable demand for workforce-oriented units. The asset’s vintage is newer than the neighborhood average, offering relative competitive positioning against older stock while leaving room for targeted value-add and systems modernization. Based on CRE market data from WDSuite, nearby amenities are serviceable but uneven, which points to car-reliant households and the importance of on-site features to drive retention.
Within a 3-mile radius, recent growth and forecasts for additional population and household gains suggest a larger tenant base ahead, aided by a shift toward smaller households. Rising local rents improve revenue potential, but investors should manage affordability pressure and monitor safety trends and amenity gaps when calibrating renovations and leasing strategy.
- Elevated neighborhood renter concentration supports demand depth and leasing stability.
- 1988 vintage is newer than area norms, creating value-add and repositioning potential versus older stock.
- 3-mile demographics point to renter pool expansion and rising rents that can support revenue growth.
- Car-oriented location with uneven amenity mix; on-site upgrades and services can bolster retention.
- Risk: Below-median safety indicators and affordability pressure require disciplined operations and lease management.