| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 71st | Good |
| Demographics | 39th | Fair |
| Amenities | 23rd | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 17935 Quantico Rd, Apple Valley, CA, 92307, US |
| Region / Metro | Apple Valley |
| Year of Construction | 1972 |
| Units | 20 |
| Transaction Date | 2019-05-30 |
| Transaction Price | $2,070,000 |
| Buyer | SUNADA NAOSHIGE |
| Seller | THE MARCINIAK FAMILY TRUST |
17935 Quantico Rd, Apple Valley CA — 20-Unit Multifamily Position
Neighborhood occupancy is high and stable, supporting tenant retention and consistent leasing, according to WDSuite’s CRE market data.
Apple Valley’s suburban setting offers larger floor plans and practical access to regional corridors, with fewer walkable retail options inside the neighborhood. For investors, this typically supports car-oriented living while keeping renter demand tied to local employment nodes and family-oriented housing needs.
The neighborhood’s occupancy rate is strong at the neighborhood level, with performance competitive among Riverside–San Bernardino–Ontario neighborhoods. While amenity density is lower (few cafes, groceries, and parks inside the neighborhood), day-to-day services are reachable by car, which is common for suburban High Desert locations.
Within a 3-mile radius, demographics indicate a growing tenant base: population and households have expanded over the last five years, with additional household growth forecast through 2028. This points to a larger renter pool and supports occupancy stability. The share of renter-occupied housing within this 3-mile area is substantial, reinforcing depth for multifamily leasing and renewals.
Home values in the neighborhood are elevated relative to many U.S. areas, which can sustain reliance on rental housing and aid pricing power when managed carefully. Median contract rents sit near mid-range nationally, and the local rent-to-income profile suggests measured affordability pressure, providing room for disciplined revenue management while monitoring retention risk.
The property’s 1972 vintage is older than the neighborhood’s average construction year. That age profile points to potential value-add and capital planning opportunities (exteriors, interiors, and building systems) to enhance competitive positioning versus newer stock.
Safety indicators for the neighborhood are mixed but generally around national mid-range: overall crime sits near the 55th percentile nationally, and violent offense levels are around the 54th percentile. Recent trend data is constructive, with violent incidents declining year over year and property offenses edging lower, based on CRE market data from WDSuite.
These figures are neighborhood-level indicators rather than property-specific measures. Investors typically translate this profile as manageable with standard operating practices (lighting, access control, and resident screening), while continuing to monitor neighborhood trendlines over time.
Regional employers within commuting range help sustain renter demand and retention, particularly for workforce households tied to logistics, energy infrastructure, and consumer goods. Notable nearby employers include Kinder Morgan, General Mills, Waste Management, and Ryder Vehicle Sales.
- Kinder Morgan — energy infrastructure (33.4 miles)
- General Mills — consumer packaged goods (38.4 miles)
- Waste Management — environmental services (43.8 miles)
- Ryder Vehicle Sales — transportation & logistics (44.4 miles)
17935 Quantico Rd offers 20 units with larger average floor plans typical of the submarket and benefits from a neighborhood with high occupancy and steady renter demand. Within a 3-mile radius, population and household growth expand the tenant base, while elevated ownership costs in the neighborhood context help sustain reliance on multifamily housing. According to CRE market data from WDSuite, neighborhood occupancy performance is strong versus regional peers, supporting income durability when paired with disciplined operations.
The 1972 vintage signals value-add potential through targeted renovations and system upgrades to compete more effectively with newer stock. Amenity density is lighter in the immediate neighborhood and safety indicators are mid-range nationally, so underwriting should incorporate standard operating playbooks and retention strategies, especially as rents are managed against local income levels.
- Strong neighborhood occupancy supports leasing stability and income consistency.
- 3-mile renter pool expansion and household growth bolster demand.
- Elevated ownership costs reinforce reliance on rental housing and pricing power.
- 1972 vintage provides clear value-add and capital planning levers.
- Risks: lighter nearby amenities and mid-range safety require active management and retention focus.