| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 70th | Good |
| Demographics | 23rd | Poor |
| Amenities | 27th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 16982 San Bernardino Ave, Fontana, CA, 92335, US |
| Region / Metro | Fontana |
| Year of Construction | 1986 |
| Units | 28 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
16982 San Bernardino Ave Fontana Multifamily Investment
Neighborhood occupancy is exceptionally tight, supporting leasing stability for well-managed assets in this inner-suburban pocket of Fontana, according to WDSuite’s CRE market data. With elevated for-sale housing costs nearby, the renter base remains durable even as households evolve.
Located in Fontana’s inner suburbs of the Riverside–San Bernardino–Ontario metro, the area surrounding 16982 San Bernardino Ave shows strong evidence of demand durability. Neighborhood occupancy is measured at 100% (neighborhood metric, not property-specific) and ranks first among 997 metro neighborhoods, indicating minimal vacancy friction for operators.
Livability signals are mixed but serviceable for workforce housing. Grocery access is comparatively strong (nationally above average), and restaurants are competitive, while parks, pharmacies, and cafés are thinner at the neighborhood level. Average school ratings sit well below national norms, which can influence family renter preferences and marketing strategy.
Tenure patterns point to an owner-leaning area at the neighborhood level, with an estimated 38.6% of housing units renter-occupied. For investors, that typically means moderate but steady multifamily demand rather than heavy concentrations of rentals. Within a 3-mile radius, demographic data show households have been expanding and average household size edging lower, which can widen the pool of potential renters and support occupancy stability.
Home values benchmark high versus national peers, and the metro’s value-to-income positioning places this location in a high-cost ownership context. For multifamily operators, that often sustains reliance on rentals and can enhance pricing power, though rent-to-income ratios suggest careful lease management and renewal strategies. Overall, the neighborhood carries a C+ rating, and current conditions are consistent with stable, needs-based renter demand backed by tight neighborhood vacancy, based on commercial real estate analysis from WDSuite.
Safety indicators compare favorably at the national level. Violent-offense measures are in the top decile nationally, and property-offense indicators are also above national averages, according to WDSuite’s CRE market data. Year-over-year trends show improving violent-offense readings. These figures are area-level and should be interpreted as neighborhood context rather than block-level conditions.
The immediate area is supported by a diverse employment base that underpins renter demand and commute convenience, notably in energy infrastructure, food manufacturing/distribution, environmental services, medical distribution, and logistics/sales.
- Kinder Morgan — energy infrastructure (3.96 miles)
- General Mills — food manufacturing/distribution (6.84 miles)
- Waste Management — environmental services (15.40 miles)
- Mckesson Medical Surgical — medical distribution (15.89 miles)
- Ryder Vehicle Sales — logistics & commercial vehicle sales (17.72 miles)
This 28-unit asset, built in 1986, is newer than much of the surrounding housing stock and can compete well against older properties, while still offering potential modernization or value-add opportunities as systems age. Tight neighborhood occupancy (neighborhood metric, not property-specific) and an owner-leaning tenure mix support a steady renter pipeline rather than oversupplied conditions. High local ownership costs further reinforce reliance on rentals and can aid rent performance when paired with disciplined leasing.
Within a 3-mile radius, households have been increasing and are projected to expand further even as population growth trends remain flat to slightly negative, pointing to a larger tenant base and support for occupancy. According to CRE market data from WDSuite, area-level safety benchmarks compare well nationally, while school quality and amenity gaps are considerations for unit-mix, marketing, and renewal strategies.
- 1986 vintage offers competitive positioning versus older stock with targeted modernization upside
- Neighborhood occupancy reads extremely tight, supporting leasing stability (area-level metric)
- High-cost ownership context sustains renter reliance and can support rent growth with prudent management
- Expanding household counts within 3 miles suggest a larger renter pool over the medium term
- Risks: lower school ratings and thinner amenities in parts of the neighborhood may influence absorption and renewal dynamics