| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 84th | Best |
| Demographics | 59th | Best |
| Amenities | 58th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 11838 Central Ave, Chino, CA, 91710, US |
| Region / Metro | Chino |
| Year of Construction | 1986 |
| Units | 108 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
11838 Central Ave Chino Multifamily Investment Opportunity
Positioned in an A+ rated Inner Suburb of the Inland Empire, the asset benefits from steady neighborhood occupancy and strong local amenities, according to WDSuite’s commercial real estate analysis. High ownership costs in the area support durable renter demand and leasing stability.
The property sits in a high-performing Chino neighborhood (A+ rating) that ranks among the top quartile of 997 metro neighborhoods, per WDSuite. Amenity access is a differentiator: restaurants and groceries score in the mid- to upper national percentiles, and parks and pharmacies are also strong, supporting day-to-day livability for residents and helping with retention.
Neighborhood occupancy is above the national median and competitive for the Riverside–San Bernardino–Ontario metro, based on WDSuite’s CRE market data. Rent levels track in the upper national percentiles with multi-year growth, indicating sustained demand; investors should expect pricing power to be shaped by income growth and renewal management rather than lease-up dynamics.
Within a 3-mile radius, renter-occupied housing accounts for a meaningful share of units (about two-fifths), which supports depth of the tenant base for a 108-unit community. Median home values and the value-to-income ratio sit in the upper national percentiles, signaling a high-cost ownership market that tends to sustain reliance on multifamily housing and can aid lease retention.
Demographics within 3 miles show modest recent population gains and roughly mid-single-digit household growth over the last five years, with forecasts indicating further household expansion alongside smaller average household sizes. For investors, that points to a larger renter pool over time and supports occupancy stability, even as unit mix and amenity updates should track evolving household composition.
Safety indicators compare favorably versus many U.S. neighborhoods: WDSuite reports national percentiles in the higher ranges for both violent and property offense measures. Recent year-over-year trends show improvement, which supports leasing and renewal performance, though investors should continue to monitor sub-neighborhood variation and property-level security practices.
Nearby corporate and logistics employers provide a diversified employment base that supports renter demand and commute convenience for workforce households, including Waste Management, Ryder Vehicle Sales, McKesson Medical Surgical, General Mills, and United Technologies.
- Waste Management — environmental services (2.5 miles)
- Ryder Vehicle Sales — transportation & logistics (2.8 miles)
- Mckesson Medical Surgical — medical distribution (5.4 miles)
- General Mills — food manufacturing & distribution (9.1 miles)
- United Technologies — industrial & aerospace offices (13.1 miles)
This 108-unit 1986-vintage asset offers durable demand drivers in a top-ranked Inland Empire neighborhood. The area’s occupancy runs above national norms and rent levels sit in the upper national percentiles, while elevated home values and a high value-to-income ratio reinforce reliance on multifamily housing—favorable for retention and steady cash flow. Based on CRE market data from WDSuite, household growth within a 3-mile radius is expected to expand meaningfully as average household size edges down, supporting a broader tenant base.
Vintage is slightly older than the neighborhood average, pointing to targeted capital planning opportunities. Updating exteriors, systems, and in-unit finishes can enhance competitiveness against newer stock while capturing rent premiums commensurate with neighborhood incomes. Key watch items include managing affordability pressure as rents rise and monitoring safety and ownership trends at the micro-area level.
- A+ Inner Suburb with above-median occupancy and strong amenity access
- High-cost ownership market supports renter reliance and pricing power
- 3-mile radius shows household growth and a larger renter pool over time
- 1986 vintage offers value-add potential via targeted renovations
- Risks: affordability pressure, micro-area safety variation, and shifting tenure mix