| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 76th | Good |
| Demographics | 44th | Good |
| Amenities | 78th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 13049 Ramona Ave, Chino, CA, 91710, US |
| Region / Metro | Chino |
| Year of Construction | 1987 |
| Units | 72 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
13049 Ramona Ave, Chino CA Multifamily Investment
Stable renter demand and mid-90% neighborhood occupancy, according to WDSuite’s CRE market data, position this 72-unit asset for consistent leasing in a high-cost ownership market. The property’s 1987 vintage is newer than much of the nearby stock, supporting competitive positioning with prudent capital planning.
Located in Chino within the Riverside–San Bernardino–Ontario metro, the neighborhood scores an A rating and ranks 65th out of 997 metro neighborhoods, indicating competitive fundamentals. Amenity access trends favor residents: parks and childcare density both sit in the top decile nationally, while restaurants and groceries track in the top quartile, per commercial real estate analysis from WDSuite. This amenity mix supports renter convenience and retention.
Neighborhood occupancy is solid (upper-60s percentile nationally) and has edged higher over the last five years, reinforcing leasing stability. Renter-occupied housing accounts for roughly 43% of units locally, suggesting a sizable tenant base for multifamily operators without overreliance on any one segment. Median contract rents in the neighborhood are high relative to the nation (above the 90th percentile), reflecting strong demand but also the need for attentive lease management.
Home values in the area are elevated (near the 90th national percentile) and value-to-income ratios are high, which tends to sustain renter reliance on multifamily housing and can aid retention. At the same time, a rent-to-income ratio near one-third indicates some affordability pressure; thoughtful renewal strategies and amenity-driven differentiation can help sustain pricing power while managing turnover risk.
Demographic statistics aggregated within a 3-mile radius show modest population growth and a faster increase in households, with household sizes trending smaller. This points to a gradually expanding renter pool and supports occupancy stability. Income measures in the 3-mile area have trended upward, which aligns with the neighborhood’s ability to support higher-quality finishes and services. The asset’s 1987 construction is newer than the neighborhood average (1971), offering a competitive edge versus older stock while still warranting modernization of building systems and common areas as part of a value-add plan.
Comparable, neighborhood-level safety trend data were not available for this location in the current WDSuite release. Investors should benchmark property and neighborhood conditions against broader Riverside–San Bernardino–Ontario patterns and rely on standard due diligence (public reports and onsite observations) to validate tenant experience and operational risk.
Nearby employers span industrial services, logistics, healthcare distribution, food manufacturing, and aerospace-related offices, supporting a diverse workforce and commute convenience that can bolster renter demand and retention.
- Waste Management — waste & environmental services (1.4 miles)
- Ryder Vehicle Sales — logistics & fleet services (1.7 miles)
- Mckesson Medical Surgical — medical distribution (4.2 miles)
- General Mills — food manufacturing (9.9 miles)
- United Technologies — aerospace & industrial offices (11.4 miles)
This 72-unit, 1987-vintage asset benefits from strong local fundamentals: competitive amenity access, solid neighborhood occupancy, and a renter concentration that provides depth to the tenant base. Elevated local home values and a high value-to-income environment support sustained reliance on rentals, aiding lease retention. According to CRE market data from WDSuite, the neighborhood sits in the upper national percentiles for rent levels and occupancy, indicating demand resilience relative to many U.S. submarkets.
Forward-looking demographics within a 3-mile radius point to a slowly expanding renter pool as household counts rise and average household size trends down, supporting occupancy stability. The asset’s newer-than-area vintage offers competitive positioning versus older stock and creates a clear path for targeted value-add: modernization of interiors, common areas, and building systems to support rent growth while managing affordability pressures.
- Competitive neighborhood fundamentals with top-quartile amenity access supporting tenant retention
- Elevated ownership costs locally reinforce rental demand and leasing stability
- 1987 vintage provides value-add potential versus older area stock through targeted upgrades
- 3-mile household growth and smaller household sizes expand the renter pool over time
- Risk: higher rent and rent-to-income levels require careful renewal and pricing strategies