| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 46th | Poor |
| Demographics | 3rd | Poor |
| Amenities | 24th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 11661 White Ave, Adelanto, CA, 92301, US |
| Region / Metro | Adelanto |
| Year of Construction | 1984 |
| Units | 32 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
11661 White Ave Adelanto 32-Unit Multifamily Investment
This 1984-built property sits in a neighborhood where 77.8% of housing units are renter-occupied, ranking in the top 1% nationally for rental housing concentration. CRE market data from WDSuite indicates strong rental demand fundamentals despite modest demographic metrics.
This Adelanto neighborhood represents an inner suburb environment with established rental housing demand. The area ranks in the top 1% nationally for rental housing concentration, with 77.8% of housing units occupied by renters compared to typical suburban markets. This high rental share indicates sustained multifamily demand in the local market.
The 1984 construction year aligns with the neighborhood's average building vintage of 1969, suggesting potential value-add opportunities through targeted capital improvements and unit upgrades. Demographic data aggregated within a 3-mile radius shows a population of approximately 13,159 residents, with 60% of housing units renter-occupied and median contract rents of $911.
Neighborhood-level occupancy rates stand at 90.3%, providing a baseline for absorption expectations. The area maintains grocery store access at 0.79 stores per square mile, ranking in the 67th percentile nationally for essential retail amenities. However, limited restaurant and childcare amenities may impact tenant attraction compared to more amenity-rich submarkets.
Forward-looking demographics project household growth of 76.7% through 2028, with renter-occupied units expected to increase significantly. This projected expansion of the renter pool could support occupancy stability and lease-up velocity for well-positioned multifamily properties.
Property crime rates in this neighborhood rank 836th among 997 metro neighborhoods, placing it in the lower tier for property crime incidents. The estimated property offense rate of 1,338 incidents per 100,000 residents compares to the 17th percentile nationally, indicating higher-than-average property crime levels relative to other neighborhoods nationwide.
Violent crime rates show an estimated 142 incidents per 100,000 residents, ranking 867th among metro neighborhoods and placing in the 25th percentile nationally. Both property and violent crime metrics suggest investors should factor security considerations into property management strategies and tenant screening processes.
The regional employment base includes several major corporate operations within commuting distance, providing workforce housing opportunities for industrial and logistics employees.
- Kinder Morgan — energy infrastructure (36.4 miles)
- General Mills — food manufacturing (39.3 miles)
- Lockheed Martin Aeronautics Co. — defense & aerospace (40.3 miles)
- Waste Management - Palmdale — waste services (42.1 miles)
This 32-unit property benefits from exceptional rental housing concentration, with the neighborhood ranking in the top 1% nationally for renter-occupied units at 77.8%. The 1984 construction year presents value-add potential through strategic capital improvements, while projected household growth of 76.7% through 2028 could expand the local renter pool. According to multifamily property research from WDSuite, demographic forecasts show significant increases in renter-occupied units, supporting long-term occupancy fundamentals.
Current neighborhood occupancy rates of 90.3% provide a baseline for performance expectations, though investors should monitor the area's below-average amenity density and crime metrics. The property's vintage allows for modernization strategies that could capture rent premiums in a market with strong structural rental demand.
- Top 1% nationally for rental housing concentration at 77.8% renter-occupied units
- Projected 76.7% household growth through 2028 expanding renter pool
- 1984 vintage offers value-add renovation opportunities
- Regional employment base provides workforce housing demand
- Risk considerations include below-average crime metrics and limited local amenities