| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 52nd | Poor |
| Demographics | 24th | Poor |
| Amenities | 47th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 17874 Marygold Ave, Bloomington, CA, 92316, US |
| Region / Metro | Bloomington |
| Year of Construction | 1988 |
| Units | 40 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
17874 Marygold Ave Bloomington 40-Unit Multifamily
Neighborhood fundamentals point to steady renter demand and above-median occupancy at the neighborhood level, according to WDSuite’s CRE market data. Positioning skews toward workforce housing with pricing supported by daily-needs retail access and a broad tenant base.
Located in Bloomington’s Inner Suburb setting within the Riverside–San Bernardino–Ontario metro, the neighborhood carries a C+ rating and performs above the metro median for occupancy (ranked 473 out of 997 neighborhoods). This supports a case for leasing stability at the neighborhood level rather than property-specific performance.
Renter-occupied housing makes up roughly half of units locally and is competitive among Riverside–San Bernardino neighborhoods (ranked 166 of 997), signaling a deep tenant pool for 40-unit assets. Within a 3‑mile radius, population and household counts have grown in recent years and are projected to expand further, which generally supports a larger tenant base and helps sustain occupancy.
Daily-needs access is a relative strength: grocery and pharmacy density rank near the top of the metro and test in the top national percentiles, aiding livability and lease retention. By contrast, cafés, parks, and childcare are limited within the immediate neighborhood, so residents typically tap adjacent corridors for lifestyle amenities.
The property’s 1988 vintage is newer than the neighborhood’s average construction year. For investors, this can offer a competitive edge versus older stock while still presenting selective value‑add and systems modernization opportunities as part of capital planning.
Home values in the neighborhood test below national medians. In practical terms, this points to a more accessible ownership market compared with high-cost coastal submarkets, which can introduce some competitive pressure for rentals. Still, neighborhood-level rent-to-income readings sit near national norms, suggesting room for disciplined rent management without overextending affordability.
Safety indicators are mixed and sit around the national middle: the neighborhood’s overall crime profile ranks 581 out of 997 metro neighborhoods, and national percentiles cluster in the mid‑40s. This implies conditions that are not top-tier for the metro but broadly comparable to many U.S. neighborhoods.
Recent trend data are noteworthy: estimated property offenses declined year over year, which is a constructive directional signal for investors assessing near-term operating risk. That said, violent‑offense readings remain around the national midpoint, warranting standard security, lighting, and property management practices.
The area’s employment base blends energy infrastructure, food manufacturing/distribution, environmental services, medical supply distribution, and transportation services — a mix that supports workforce housing demand and commuting convenience for renters near the property.
- Kinder Morgan — energy infrastructure (2.8 miles)
- General Mills — food manufacturing/distribution (7.7 miles)
- Waste Management — environmental services (16.4 miles)
- Mckesson Medical Surgical — medical supply distribution (16.8 miles)
- Ryder Vehicle Sales — transportation & logistics (18.8 miles)
This 40‑unit asset benefits from neighborhood occupancy that sits above the metro median and a renter concentration that is competitive within the Riverside–San Bernardino market. Within a 3‑mile radius, population and households have increased and are projected to expand further, supporting a larger tenant base and helping underpin leasing stability. According to CRE market data from WDSuite, daily‑needs retail density is a relative strength locally, which can aid retention and day‑to‑day livability.
Built in 1988, the property is newer than the neighborhood average, offering potential competitiveness versus older stock while leaving room for targeted value‑add and systems upgrades. Home values test below national medians, indicating a more accessible ownership market that may temper pricing power at times; disciplined leasing and amenity positioning remain important. Safety indicators trend around national midpoints with recent improvement in property‑offense readings, suggesting standard risk management rather than outsized concerns.
- Neighborhood occupancy above metro median supports leasing stability
- Competitive renter concentration and 3‑mile household growth expand the tenant base
- 1988 vintage offers value‑add and systems modernization potential versus older stock
- Strong grocery/pharmacy access aids livability and retention
- Risks: more accessible ownership can create rent competition; amenities like parks/cafés are thinner; safety sits near national midpoints