| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 84th | Best |
| Demographics | 59th | Best |
| Amenities | 58th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 11435 Central Ave, Chino, CA, 91710, US |
| Region / Metro | Chino |
| Year of Construction | 2013 |
| Units | 71 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
11435 Central Ave, Chino Multifamily Investment
Stabilized renter demand in the surrounding neighborhood, with occupancy trending in the mid-90% range, supports durable income according to WDSuite's CRE market data. Newer construction relative to local stock strengthens competitive positioning without relying on aggressive rent pushes.
Located in Chino's inner-suburban fabric of the Riverside–San Bernardino–Ontario metro, the neighborhood ranks 27th of 997 metro neighborhoods (A+ rating), placing it among the metro's top performers for overall livability. Restaurants and daily-needs retail are a strength, with restaurant and grocery density in high national percentiles, which typically supports resident retention and leasing velocity.
At a neighborhood level, the share of housing units that are renter-occupied is just over half, indicating a deep tenant base that can sustain multifamily demand across cycles. Neighborhood occupancy has held in the mid-90% range over the last five years, suggesting relative stability versus broader metro dynamics and providing investors with visibility into cash flow management.
2013 construction is newer than the neighborhood's average built year (1991), which can reduce near-term capital needs and bolster leasing competitiveness versus older stock; investors should still plan for normal systems maintenance and selective modernization to match current renter preferences.
Within a 3-mile radius, households have increased even as population has remained roughly flat, pointing to smaller household sizes and a gradual expansion of the renter pool. Forward-looking projections indicate additional household growth by 2028, which can enlarge the local tenant base and support occupancy stability. Public school ratings are moderate for the metro, while parks, pharmacies, and cafes index above national norms, balancing family-focused amenities with lifestyle options that attract working households. For multifamily property research, elevated home values and a high value-to-income landscape reinforce renter reliance on multifamily housing, while rent-to-income dynamics suggest manageable lease burdens that can aid retention.
Neighborhood safety indicators compare favorably at the national level, with overall crime metrics positioned in higher (safer) national percentiles. Recent year-over-year declines in violent incidents further support a constructive trendline, based on CRE market data from WDSuite.
Investors should monitor property crime patterns as part of standard asset management, but the area's safety profile is generally competitive among Riverside–San Bernardino–Ontario neighborhoods and supportive of renter retention.
The submarket benefits from a diversified employment base across environmental services, logistics, medical distribution, and food manufacturing, supporting workforce housing demand and commute convenience for renters.
- Waste Management — environmental services (2.98 miles)
- Ryder Vehicle Sales — logistics & fleet services (3.20 miles)
- Mckesson Medical Surgical — medical distribution (5.88 miles)
- General Mills — food manufacturing (9.03 miles)
- United Technologies — industrial & technology (13.55 miles)
The 71-unit asset at 11435 Central Ave was built in 2013, materially newer than the neighborhood's average vintage. That positioning can moderate near-term capital expenditure needs and enhance leasing competitiveness against older submarket product. Neighborhood indicators point to durable renter demand: renter-occupied unit concentration is just over half, occupancy has held in the mid-90% range, and elevated ownership costs locally tend to reinforce reliance on rental housing.
According to CRE market data from WDSuite, neighborhood NOI performance trends rank in high national percentiles and occupancy remains above many metro peers, while 3-mile household counts are rising and projected to grow further through 2028. Together, these dynamics support cash flow stability and measured pricing power, with room for targeted value-add to align finishes and amenities with current renter expectations.
- Newer 2013 vintage vs. local average 1991, reducing near-term capex and aiding competitive positioning
- Stable neighborhood occupancy in the mid-90% range supports income durability
- High-cost ownership market sustains renter demand and supports retention
- Household growth within 3 miles expands the tenant base and underpins leasing
- Risks: monitor property crime trends, childcare amenity gaps, and potential shifts in renter share over time