| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 69th | Fair |
| Demographics | 52nd | Good |
| Amenities | 65th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1905 E Washington St, Colton, CA, 92324, US |
| Region / Metro | Colton |
| Year of Construction | 1973 |
| Units | 36 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1905 E Washington St Colton Multifamily Investment
Renter demand is supported by an elevated renter-occupied share in the surrounding neighborhood and steady local services density, according to WDSuite’s CRE market data. The property’s inner-suburban setting offers practical access to employment and retail that can help stabilize occupancy through cycles.
Located in Colton’s inner-suburban fabric of the Riverside–San Bernardino–Ontario metro, the neighborhood carries an A rating and ranks 114 out of 997 metro neighborhoods, which is competitive among Riverside–San Bernardino–Ontario neighborhoods. Retail and daily-needs access are a clear strength: grocery density ranks 3 of 997 in the metro, and cafés and restaurants also rank near the top, translating into convenient amenity coverage for residents and potential leasing velocity. Park and pharmacy counts are limited within the immediate footprint, so residents may rely on nearby communities for those services.
Neighborhood occupancy runs near the national midpoint, while the renter-occupied share is high for the metro. For investors, that elevated renter concentration points to a deeper tenant base and supports demand resilience for multifamily assets. At the same time, the neighborhood’s rent-to-income ratio trends higher than many areas, suggesting some affordability pressure that warrants prudent lease management and renewal strategies.
Property vintage skews older than the neighborhood average (1973 vs. early 1980s stock), creating straightforward value‑add pathways through interior refreshes and systems modernization alongside routine capital planning. Neighborhood-level NOI per unit trends above national medians, indicating that stabilized operations in this area can sustain solid per‑unit economics when assets are well managed, based on CRE market data from WDSuite.
Within a 3‑mile radius, demographics show modest population growth in recent years and an increase in households, with forecasts pointing to continued household expansion and a slight reduction in average household size by 2028. These shifts typically expand the renter pool and support occupancy stability. Median incomes in the 3‑mile area have risen, and asking rents have trended upward, reinforcing the case for disciplined revenue management.
Safety indicators present a mixed but manageable profile. Within the Riverside–San Bernardino–Ontario metro, the neighborhood’s crime rank sits on the higher side (rank 267 out of 997, where lower ranks indicate more crime), suggesting investors should underwrite sensible security and lighting improvements where appropriate. Nationally, however, safety measures land above the median, with metrics indicating stronger comparative standing than many neighborhoods nationwide.
Trend signals are nuanced: recent estimates show property incidents easing while violent incidents have risen year over year. Investors should monitor updated local reports and align operating practices—such as resident engagement, access control, and partnership with local patrols—to sustain leasing and retention without overcapitalizing on security.
The area’s employment base combines energy infrastructure, food production and distribution, medical supply distribution, waste services, and logistics—supporting a broad workforce renter pool and commute convenience for residents.
- Kinder Morgan — energy infrastructure (4.3 miles)
- General Mills — food manufacturing & distribution (13.8 miles)
- Mckesson Medical Surgical — medical supply distribution (22.5 miles)
- Waste Management — waste services (22.7 miles)
- Ryder Vehicle Sales — logistics & fleet services (25.3 miles)
This 36‑unit, 1973 multifamily asset in Colton offers exposure to a renter‑heavy neighborhood with strong daily‑needs access and metro‑competitive fundamentals. The older vintage points to clear value‑add potential through unit renovations and building system updates, while neighborhood occupancy sits near national norms—supporting stable cash flow when paired with disciplined operations.
Within a 3‑mile radius, recent population growth, more households, and forecasts for continued expansion suggest a larger tenant base over time, supporting leasing and renewal performance. According to CRE market data from WDSuite, neighborhood‑level NOI per unit trends above national medians, while elevated rent‑to‑income ratios argue for careful pricing and renewal strategies to balance growth with retention.
- Renter-heavy neighborhood and strong daily-needs access support demand depth and leasing stability.
- 1973 vintage presents actionable value‑add upside via interiors and systems modernization.
- Metro‑competitive positioning with NOI per unit above national medians for the area.
- Risk: elevated rent‑to‑income ratios and mixed safety trends call for prudent pricing and operating practices.