| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 78th | Best |
| Demographics | 16th | Poor |
| Amenities | 71st | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 16440 Arrow Blvd, Fontana, CA, 92335, US |
| Region / Metro | Fontana |
| Year of Construction | 1988 |
| Units | 42 |
| Transaction Date | 2001-03-01 |
| Transaction Price | $643,000 |
| Buyer | KITCHNER SANFORD |
| Seller | CGC PARTNERS |
16440 Arrow Blvd Fontana Multifamily Opportunity
In this Fontana urban core, strong neighborhood occupancy and a deep renter-occupied base point to durable demand, based on CRE market data from WDSuite.
Fontana’s Urban Core location offers day-to-day convenience with a solid mix of restaurants, cafes, groceries, and parks within the neighborhood. Amenity access trends above national averages, while pharmacy options are limited locally — a minor consideration for resident convenience and service retail potential.
For multifamily demand, the neighborhood posts high occupancy and is competitive among Riverside–San Bernardino–Ontario neighborhoods (top decile nationally), according to WDSuite’s CRE market data. The share of housing units that are renter-occupied is elevated, indicating a deep tenant base that can support lease-up and retention. Median rent-to-income levels suggest manageable affordability pressure, which can support pricing power with attentive lease management.
Within a 3-mile radius, population and households have grown in recent years and are projected to continue increasing through 2028, expanding the local renter pool. Forecasts also point to gradually smaller household sizes, which can support ongoing demand for professionally managed apartments and smaller floor plans.
Home values in the neighborhood trend on the higher side relative to incomes (high national percentile for value-to-income), creating a high-cost ownership market that reinforces reliance on rental housing. Average school ratings track below national benchmarks, which may influence the resident mix toward households prioritizing proximity to work and everyday amenities over school performance.
The property’s 1988 vintage is slightly newer than the neighborhood average stock. That positioning can be competitive versus older assets, while still leaving room for targeted modernization of interiors and building systems to capture value-add upside.
Specific neighborhood crime metrics are not available in WDSuite for this location at this time. Investors typically benchmark safety by comparing neighborhood trends with city and metro patterns and supplementing with on-the-ground diligence and resident feedback to understand any localized concerns or improvements.
Nearby corporate operations in energy infrastructure, food manufacturing, waste services, medical supply distribution, and logistics help support renter demand through commute convenience and a diversified employment base.
- Kinder Morgan — energy infrastructure (5.3 miles)
- General Mills — food manufacturing (7.3 miles)
- Waste Management — waste services (15.3 miles)
- Mckesson Medical Surgical — medical supply distribution (16.1 miles)
- Ryder Vehicle Sales — logistics & vehicle sales (17.5 miles)
16440 Arrow Blvd sits in a high-occupancy Fontana neighborhood with a deep renter-occupied housing base and above-average amenity access. Elevated home values relative to incomes in the area reinforce multifamily as a primary housing option, supporting rent collections and retention when paired with thoughtful lease management. The 1988 construction is slightly newer than the neighborhood average, providing a competitive baseline with potential for selective renovations to drive rent premiums.
According to CRE market data from WDSuite, neighborhood occupancy ranks competitively within the Riverside–San Bernardino–Ontario metro and in the top quartile nationally, while 3-mile demographics show recent and projected household growth that expands the tenant base. Balanced against these strengths are lower average school ratings and limited pharmacy presence, which are manageable considerations for positioning and resident services.
- High neighborhood occupancy and deep renter concentration support income stability
- Elevated ownership costs in the area reinforce reliance on rental housing and pricing power
- 1988 vintage offers value-add potential through targeted interior and system upgrades
- 3-mile household growth and smaller household sizes expand the renter pool over time
- Risks: below-average school ratings and limited pharmacy access may influence resident preferences