| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 71st | Good |
| Demographics | 23rd | Poor |
| Amenities | 76th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 17394 Valencia Ave, Fontana, CA, 92335, US |
| Region / Metro | Fontana |
| Year of Construction | 1987 |
| Units | 50 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
17394 Valencia Ave Fontana Multifamily Investment
Positioned in an inner-suburb submarket with stable renter demand, this 50-unit 1987 asset benefits from a large local tenant base and a high-cost ownership backdrop, according to WDSuite’s CRE market data.
The property sits in a neighborhood rated A- within the Riverside–San Bernardino–Ontario metro, performing competitively among 997 metro neighborhoods for overall amenities (ranked near the front of the pack) and in the top quartile nationally. Grocery, restaurant, and cafe density all score well versus national norms, supporting day-to-day convenience that can aid leasing and retention; childcare options are thinner within the immediate neighborhood footprint, which may modestly narrow family-oriented appeal.
Neighborhood occupancy is near the national midrange, indicating generally steady leasing conditions rather than a tight or soft outlier. Just over half of housing units are renter-occupied, signaling a deep renter base and an established multifamily presence that can support ongoing absorption and renewal activity.
Within a 3-mile radius, demographics point to population growth over the past five years with further gains projected, and households are expected to increase, expanding the potential renter pool. Rising median and mean household incomes alongside rent growth suggest capacity for continued renter demand; framing for investors, this supports occupancy stability and measured pricing power rather than outsized growth assumptions. This multifamily property research context indicates that household growth outpacing population implies smaller average household sizes over time, which can add depth to the pool of prospective renters.
Home values in the neighborhood are elevated versus national benchmarks, and the value-to-income ratio ranks in a high national percentile, reflecting a high-cost ownership market. For investors, that dynamic typically sustains reliance on rental housing and can bolster lease retention, though it warrants attentive rent-to-income management to mitigate affordability pressure risk. School ratings in the neighborhood track below national averages, which may temper demand among some family renters but does not preclude workforce-oriented leasing.
Comparable, property-level crime data is not available in WDSuite for this neighborhood, so broad safety conclusions are not drawn here. Investors commonly benchmark conditions against city and metro trends and incorporate on-the-ground diligence (e.g., management feedback, local comparables) to contextualize security measures, operating costs, and resident sentiment.
Nearby corporate offices provide a diversified employment base that supports workforce renter demand and commute convenience for residents. Key employers within a commutable radius include Kinder Morgan, General Mills, Waste Management, McKesson Medical Surgical, and Ryder Vehicle Sales.
- Kinder Morgan — energy infrastructure (4.2 miles)
- General Mills — consumer foods (8.1 miles)
- Waste Management — waste services (16.4 miles)
- Mckesson Medical Surgical — medical supply distribution (17.1 miles)
- Ryder Vehicle Sales — fleet and logistics sales (18.6 miles)
This 50-unit property, built in 1987, is newer than much of the surrounding housing stock and can compete well against older inventory while leaving room for targeted modernization of building systems and common areas. Neighborhood occupancy trends sit near the national midrange, and just-over-half renter-occupied tenure indicates a durable tenant base. Elevated home values relative to incomes reinforce renter reliance on multifamily housing, supporting steady absorption and retention rather than speculative lease-up assumptions.
Demographics aggregated within a 3-mile radius show recent population gains and a projected increase in households, expanding the renter pool over the medium term. According to WDSuite’s commercial real estate analysis, local amenity access is strong by national standards, which typically supports leasing velocity, while school quality reads below national averages—an operational consideration for unit mix positioning and marketing.
- 1987 vintage offers competitive positioning versus older stock with selective value-add upside
- Established renter base and midrange occupancy support stable operations
- High-cost ownership market underpins multifamily demand and lease retention
- Strong amenity access aids leasing velocity and resident satisfaction
- Risks: below-average school ratings and thinner childcare options may temper some family demand