| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 67th | Fair |
| Demographics | 27th | Fair |
| Amenities | 78th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 16248 Foothill Blvd, Fontana, CA, 92335, US |
| Region / Metro | Fontana |
| Year of Construction | 1988 |
| Units | 38 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
16248 Foothill Blvd, Fontana CA Multifamily Investment
Neighborhood fundamentals point to durable renter demand and competitive occupancy, according to WDSuite s CRE market data, with a renter-occupied housing base that supports steady leasing. The property s inner-suburb position in the Inland Empire offers access to daily needs and employment corridors without relying on a single demand driver.
Livability indicators are favorable for a workforce-oriented strategy. The neighborhood ranks in the top quartile among 997 Riverside San Bernardino Ontario metro neighborhoods for overall amenities, with strong access to groceries, restaurants, pharmacies, and parks. Caf density is also competitive, while childcare options are comparatively limited. These patterns typically support resident convenience and lease retention, particularly for commuters seeking quick errands on Foothill Blvd and nearby corridors.
For investors, the rental landscape is supported by a high share of renter-occupied units at the neighborhood level, placing it in the top quartile among 997 metro neighborhoods for renter concentration. That depth of the tenant base, combined with neighborhood occupancy performance that is competitive among metro peers and solid nationally, points to stable leasing conditions rather than reliance on outsized concessions.
Home values in the area are elevated relative to many U.S. neighborhoods, with value-to-income metrics ranking near the top nationally. In practice, a high-cost ownership market tends to reinforce reliance on multifamily housing, supporting pricing power when paired with solid employment access. Lease management should still account for affordability pressure across select cohorts, but the broader context tilts toward sustained rental demand.
Demographic statistics aggregated within a 3-mile radius show five-year growth in population and households, with households rising faster than population, indicating smaller household sizes and a larger pool of renters entering the market. Rising median incomes over the same period further underpin rent collections and renewal potential, while forecasts point to continued household expansion that can support occupancy stability over the medium term.
Safety trends should be viewed comparatively and at the neighborhood scale. By national comparison, violent incidents benchmark favorably, landing in the top percentile bands for safety nationwide, and property incidents also compare well on a national basis. Recent year-over-year data shows improvement in violent incident rates but an uptick in property-related offenses, according to WDSuite s CRE market data. Investors may wish to monitor property crime trends while recognizing the broader violent-crime profile compares well nationally.
Nearby employers provide a diversified base that supports renter demand and commute convenience, notably in energy infrastructure, food manufacturing, environmental services, healthcare distribution, and logistics.
- Kinder Morgan industry/role: energy infrastructure (5.7 miles)
- General Mills industry/role: food manufacturing (7.5 miles)
- Waste Management industry/role: environmental services (15.4 miles)
- Mckesson Medical Surgical industry/role: healthcare distribution (16.3 miles)
- Ryder Vehicle Sales industry/role: logistics & fleet services (17.4 miles)
This 38-unit, 1988-vintage asset offers exposure to Fontana s inner-suburb dynamics in the Inland Empire, where neighborhood occupancy is competitive among metro peers and renter concentration sits in the top quartile among 997 metro neighborhoods. The vintage is newer than the local housing stock average, positioning the property competitively versus older product while leaving room for targeted modernization to support rent premiums and operating efficiency.
Within a 3-mile radius, households and incomes have grown over the past five years, expanding the tenant base and supporting collections and renewals. Elevated home values and a high-cost ownership landscape reinforce reliance on rental housing, and proximity to diversified employers supports steady leasing. According to CRE market data from WDSuite, neighborhood amenity access is strong, which can aid resident retention, while recent property-crime trends warrant monitoring in asset and security planning.
- Competitive neighborhood occupancy and deep renter base support leasing stability
- 1988 vintage offers competitive positioning versus older local stock with value-add potential
- 3-mile household and income growth expands the tenant pool and supports rent durability
- Strong daily-needs amenities and employer proximity aid retention and renewal probability
- Risk: monitor property-crime uptick and address affordability pressure in lease management