| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 52nd | Poor |
| Demographics | 24th | Poor |
| Amenities | 47th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 17215 Marygold Ave, Fontana, CA, 92335, US |
| Region / Metro | Fontana |
| Year of Construction | 1973 |
| Units | 80 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
17215 Marygold Ave Fontana 80-Unit Multifamily Investment
This 1973-built property operates in a neighborhood with 95.1% occupancy and strong rental demand supported by a 50.5% renter-occupied housing base. According to CRE market data from WDSuite, the area demonstrates solid fundamentals for multifamily investors focused on the Inland Empire market.
This 80-unit property sits in an Inner Suburb neighborhood ranking in the top quartile nationally for occupancy rates at 95.1%, positioning above the majority of the 997 neighborhoods in the Riverside-San Bernardino-Ontario metro area. The neighborhood's 50.5% share of renter-occupied housing units ranks in the 89th percentile nationally, indicating strong rental demand fundamentals that support tenant retention and lease-up velocity.
Built in 1973, the property aligns with the neighborhood's average construction year of 1971, suggesting potential value-add opportunities through strategic renovations and modernization. Demographic data within a 3-mile radius shows a stable population of approximately 132,800 residents with household income growth of 41% over the past five years, reaching a median of $73,537. Projected rent growth of 50% through 2028 reflects strengthening affordability dynamics that could support rental pricing power.
The area benefits from exceptional grocery access, ranking in the 98th percentile nationally with 6.72 stores per square mile, alongside strong restaurant density at 10.56 per square mile in the 91st percentile. While amenity access ranks moderately at the 47th percentile nationally, the neighborhood's retail infrastructure supports tenant satisfaction and retention. Current median contract rents of $1,316 with 42% growth over five years indicate an established rental market with demonstrated pricing momentum.
Safety metrics for this neighborhood show moderate positioning within the Riverside-San Bernardino-Ontario metro area. Property crime rates rank around the middle of the 997 metro neighborhoods at the 46th percentile nationally, with recent trends showing an 8.9% decrease year-over-year. Violent crime rates similarly rank near the metro median, though they increased 20.6% over the past year.
For multifamily investors, these mixed safety trends warrant attention to security features and tenant screening protocols. The neighborhood's overall crime ranking places it competitively among metro neighborhoods, suggesting manageable risk levels that align with typical suburban rental markets in the Inland Empire region.
The property benefits from proximity to major corporate employers that provide workforce housing demand, with pipeline and energy companies, consumer goods manufacturers, and logistics operations within commuting distance.
- Kinder Morgan — pipeline & energy infrastructure (3.6 miles)
- General Mills — consumer goods manufacturing (6.9 miles)
- Waste Management — environmental services (15.6 miles)
- McKesson Medical Surgical — healthcare distribution (16.0 miles)
- Ryder Vehicle Sales — transportation & logistics (18.0 miles)
This 80-unit Fontana property offers multifamily investors exposure to a neighborhood with above-average occupancy fundamentals and strong rental housing demand. The area's 95.1% occupancy rate ranks in the top quartile nationally, while the 50.5% renter-occupied housing share indicates sustained demand for rental units. Built in 1973, the property presents value-add potential through strategic renovations that could capture projected rent growth of 50% through 2028.
According to commercial real estate analysis from WDSuite, demographic trends support long-term rental demand with household income growth of 41% over five years and continued population stability. The neighborhood's proximity to major employers like Kinder Morgan and General Mills provides workforce housing appeal, while exceptional grocery and restaurant access supports tenant retention.
- High occupancy fundamentals with 95.1% neighborhood rate ranking top quartile nationally
- Strong rental demand supported by 50.5% renter-occupied housing share
- Value-add opportunity with 1973 vintage allowing strategic modernization
- Projected 50% rent growth potential through 2028 based on demographic trends
- Risk consideration: Mixed safety trends require attention to security protocols