| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 84th | Best |
| Demographics | 59th | Best |
| Amenities | 58th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 11385 Central Ave, Chino, CA, 91710, US |
| Region / Metro | Chino |
| Year of Construction | 2013 |
| Units | 71 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
11385 Central Ave Chino Multifamily Investment
This 71-unit property built in 2013 benefits from neighborhood-level occupancy rates of 94.4% and strong rental demand fundamentals, according to CRE market data from WDSuite.
This Inner Suburb neighborhood ranks in the top quartile nationally among 997 metro neighborhoods with an A+ rating, driven by strong housing fundamentals and above-average amenity access. The area maintains 94.4% occupancy with median contract rents of $1,826, reflecting stable rental demand in the Riverside-San Bernardino-Ontario metro. The neighborhood's 50.4% rental occupancy share indicates substantial renter-occupied housing stock supporting multifamily demand.
Demographics within a 3-mile radius show a stable population base of approximately 164,000 residents with household income growth of 40.4% over five years. Projections indicate continued household formation with a 38.7% increase in total households expected through 2028, expanding the potential tenant base. The area's median household income of $81,455 supports rent-to-income ratios that maintain affordability for multifamily housing.
The property's 2013 construction year positions it as newer than the neighborhood average of 1991, potentially reducing near-term capital expenditure needs and providing competitive advantages in tenant retention. Home values averaging $730,019 with 73% appreciation over five years reinforce rental demand as elevated ownership costs keep households in the rental market. Strong amenity density includes 2.77 grocery stores per square mile and extensive restaurant access, supporting tenant appeal and retention.
The neighborhood demonstrates strong safety metrics with crime performance in the 77th percentile nationally, indicating below-average crime levels compared to neighborhoods across the country. Property offense rates rank among the top 3 neighborhoods within the 997-neighborhood metro area, while violent crime rates have declined 36.4% over the past year, showing improving safety trends that support tenant retention and property values.
The location provides convenient access to major corporate employers within commuting distance, supporting workforce housing demand from professional and industrial sectors.
- Waste Management — waste services (3.0 miles)
- Ryder Vehicle Sales — transportation services (3.2 miles)
- Mckesson Medical Surgical — healthcare distribution (5.9 miles)
- General Mills — food manufacturing (9.1 miles)
- United Technologies — aerospace & defense (13.6 miles)
This 71-unit property benefits from strong neighborhood fundamentals including 94.4% occupancy rates and an A+ neighborhood rating that ranks in the top quartile among 997 metro neighborhoods. The 2013 construction vintage provides competitive positioning with reduced near-term maintenance needs while the area's 50.4% rental occupancy share indicates robust multifamily demand. Projected household growth of 38.7% through 2028 within the 3-mile radius supports long-term tenant base expansion, while median home values of $730,019 reinforce rental demand as ownership costs remain elevated.
According to CRE market data from WDSuite, the neighborhood's strong safety profile with crime performance in the 77th percentile nationally and declining violent crime rates enhance tenant retention prospects. The location provides access to diverse employment including waste management, healthcare distribution, and manufacturing within reasonable commuting distances, supporting occupancy stability across economic cycles.
- Strong occupancy fundamentals with 94.4% neighborhood rates and A+ rating
- 2013 construction provides competitive advantages and reduced capital needs
- Projected 38.7% household growth supports expanding tenant base through 2028
- Elevated home values reinforce rental demand in high-cost ownership market
- Monitor rent-to-income pressures as affordability dynamics may affect lease management