| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 69th | Fair |
| Demographics | 52nd | Good |
| Amenities | 65th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1935 E Washington St, Colton, CA, 92324, US |
| Region / Metro | Colton |
| Year of Construction | 1973 |
| Units | 32 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1935 E Washington St, Colton Multifamily Investment
Neighboring blocks show a high share of renter-occupied units, pointing to a deep tenant base and steady leasing potential for stabilized assets, according to WDSuite s CRE market data. Neighborhood-level fundamentals suggest consistent renter demand relative to the wider Inland Empire.
Located in Colton within the Riverside San Bernardino Ontario metro, the neighborhood is rated A and ranks 114 out of 997 metro neighborhoods, indicating competitive positioning among local submarkets for multifamily investors. Grocery access is a standout, with the area ranking 3rd of 997 in the metro and landing in the 99th percentile nationally for grocery stores per square mile a clear convenience advantage that supports day to day livability and resident retention.
Amenity density is broadly supportive of renter lifestyles. Caf and restaurant concentrations rank 22nd and 20th of 997 metro neighborhoods, respectively, placing the area in the top quartile nationally for both categories. While formal school ratings are not available in this dataset, the local mix of daily needs retail and services helps underpin leasing appeal for a range of household types.
For investors focused on rent and occupancy, neighborhood rents sit above national norms (median contract rent ranks in the 85th national percentile) and occupancy in the neighborhood is around typical levels for the metro. The existing stock skews older than the metro average (the property s 1973 vintage versus a neighborhood average build year of 1982), which points to potential value add or systems modernization to enhance competitive positioning.
Within a 3 mile radius, population and household counts have grown in recent years and are projected to continue expanding through 2028, supporting a larger tenant base over time. Rising household incomes in the radius further bolster demand for professionally managed rentals, though lease management should account for pockets of affordability pressure where rent to income is elevated.
Safety trends are mixed when viewed against regional and national context. Overall crime ranks 267 out of 997 neighborhoods in the Riverside San Bernardino Ontario metro, indicating performance above the metro median and positioning that compares favorably to many peer areas. Nationally, the neighborhood scores in higher percentiles for safety on several measures, which is constructive for resident retention and leasing.
Property crime indicators benchmark in the top decile nationally (97th percentile suggests comparatively safer conditions versus neighborhoods nationwide). Violent crime levels benchmark in a higher national percentile as well, though the most recent year over year change shows an uptick, signaling a trend to monitor in underwriting and operations. Investors should assess on the ground management practices and coordinate with local data sources for the latest conditions.
Nearby corporate offices provide a broad employment base that supports renter demand and commute convenience, notably in energy infrastructure, food manufacturing, healthcare distribution, environmental services, and financial services.
- Kinder Morgan — energy infrastructure (4.4 miles)
- General Mills — food manufacturing (13.9 miles)
- Mckesson Medical Surgical — healthcare distribution (22.6 miles)
- Waste Management — environmental services (22.8 miles)
- First American Financial — financial services (40.4 miles) — HQ
This 32 unit asset at 1935 E Washington St sits in a neighborhood with strong day to day convenience, including top quartile access to groceries, restaurants, and cafes. Based on CRE market data from WDSuite, neighborhood level rents trend above national norms and occupancy is broadly consistent with metro conditions, supporting stable leasing fundamentals.
The 1973 construction is older than the area s average vintage, creating a clear path for value add through unit, systems, and common area upgrades to strengthen rent competitiveness versus newer stock. A high renter occupied share at the neighborhood level indicates deep tenant demand, while 3 mile demographic growth points to a gradually expanding renter pool. Key underwriting considerations include affordability pressure in parts of the metro and recent volatility in violent crime trends, both manageable with prudent lease and asset management.
- Amenity rich location with top quartile grocery, dining, and caf access supporting retention
- Rents above national norms and metro consistent occupancy support income stability
- 1973 vintage offers value add potential through targeted renovations and systems upgrades
- Expanding 3 mile population and households reinforce depth of the tenant base over time
- Risks: affordability pressure and recent violent crime volatility warrant conservative underwriting and active management