| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 78th | Best |
| Demographics | 23rd | Poor |
| Amenities | 44th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1551 W Rialto Ave, Fontana, CA, 92335, US |
| Region / Metro | Fontana |
| Year of Construction | 1985 |
| Units | 50 |
| Transaction Date | 1997-09-25 |
| Transaction Price | $1,175,000 |
| Buyer | H K REALTY INC |
| Seller | SUN TREE APARTMENTS COMPANY |
1551 W Rialto Ave, Fontana Multifamily Investment
According to WDSuite s CRE market data, the surrounding neighborhood shows above-average occupancy and a strong renter-occupied housing base, supporting demand resilience for stabilized operations.
Situated in Fontana s Urban Core, the property benefits from neighborhood fundamentals that are above the metro median for overall housing performance and net operating income per unit (top quartile nationally), according to CRE market data from WDSuite. Neighborhood occupancy is solid and has improved modestly over five years, a backdrop that can support leasing stability at mid-size communities.
The asset s 1985 vintage is slightly newer than the area s average construction year (1978), which can offer a competitive edge versus older stock while still warranting prudent capital planning for aging systems and selective renovations to meet renter expectations.
Livability signals are mixed but serviceable for workforce renters. Grocery access is strong (competitive among Riverside San Bernardino Ontario neighborhoods and high nationally), and childcare density ranks near the top of the metro; however, park and cafe availability are limited locally. For investors, this mix suggests day-to-day convenience for families and commuters, with fewer lifestyle amenities than top-tier urban districts.
Tenure patterns indicate a high share of renter-occupied housing units, pointing to a deep tenant base and demand durability for multifamily. Within a 3-mile radius, demographics show modest population growth alongside a meaningful increase in households and a projected rise in incomes through 2028, expanding the renter pool and supporting occupancy stability. Median home values are elevated for the region, and value-to-income ratios sit high nationally, implying a high-cost ownership market that tends to sustain reliance on rentals; at the same time, rent-to-income readings near the upper range signal potential affordability pressure that owners should manage through thoughtful renewals and amenities.
Neighborhood safety indicators are competitive among Riverside San Bernardino Ontario neighborhoods and sit above the national average, based on WDSuite s crime benchmarks. Recent estimates point to a modest change in violent incidents over the past year and a more noticeable uptick in property-related offenses, suggesting investors should monitor trends and coordinate security and lighting upgrades as part of ongoing asset management.
Nearby employers span energy infrastructure, food manufacturing, environmental services, healthcare distribution, and logistics. This mix supports a broad workforce tenant base and commute convenience for residents.
- Kinder Morgan energy infrastructure (3.4 miles)
- General Mills food manufacturing (9.1 miles)
- Waste Management environmental services (17.6 miles)
- Mckesson Medical Surgical healthcare distribution (18.1 miles)
- Ryder Vehicle Sales logistics and fleet services (19.8 miles)
This 50-unit community sits in a neighborhood with solid occupancy and NOI performance relative to national peers, reinforcing the potential for stable income. Based on CRE market data from WDSuite, rent levels are competitive within the metro while national positioning skews higher, and the area maintains a high concentration of renter-occupied housing units that deepens the tenant base. The 1985 construction is slightly newer than local averages, offering relative competitiveness versus older assets while still leaving room for targeted value-add and systems modernization.
Within a 3-mile radius, household counts have risen and are projected to expand further alongside income gains through 2028, which supports demand for rental units and helps underpin occupancy stability. Elevated ownership costs in the area tend to sustain reliance on multifamily housing; however, rent-to-income levels suggest careful lease management and amenity positioning to balance pricing power with retention.
- Neighborhood occupancy and NOI indicators support stable operations
- 1985 vintage is newer than area average, allowing competitive positioning with selective upgrades
- 3-mile household and income growth expand the renter pool through 2028
- High-cost ownership market reinforces multifamily demand and lease retention
- Risks: limited parks/cafes nearby, recent property-crime uptick, and affordability pressure requiring disciplined lease management