| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 71st | Good |
| Demographics | 23rd | Poor |
| Amenities | 76th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 17400 Arrow Blvd, Fontana, CA, 92335, US |
| Region / Metro | Fontana |
| Year of Construction | 1986 |
| Units | 92 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
17400 Arrow Blvd Fontana Multifamily Investment
This 92-unit property built in 1986 sits in an A- rated neighborhood with strong rental demand fundamentals. The area ranks in the 90th percentile nationally for renter-occupied housing share, indicating sustained multifamily demand according to CRE market data from WDSuite.
The property is located in an A- rated neighborhood that ranks 203rd among 997 metro neighborhoods, placing it in the top quartile for overall investment fundamentals. Built in 1986, this asset aligns with the neighborhood's average construction vintage of 1971, suggesting consistent building stock without significant capital expenditure pressures relative to older inventory.
Rental housing dominates the local market, with 52.2% of housing units occupied by renters - ranking in the 90th percentile nationally. This high renter concentration supports sustained demand for multifamily properties. Neighborhood-level occupancy currently stands at 91.6%, though this has declined slightly over the past five years. Contract rents average $1,498 for one-bedroom units, representing 47% growth over five years and ranking in the 78th percentile nationally.
Demographics within a 3-mile radius show a population of approximately 153,000 with steady growth of 2.5% over five years. The area attracts working families, with 35.6% of residents aged 35-64 and average household size of 3.8. Median household income of $77,515 has grown 42.8% over five years, while forecasts project continued income growth to $114,816 by 2028, supporting rent growth potential.
The neighborhood scores well for amenities, ranking 37th among metro neighborhoods with strong grocery store density (5.33 per square mile, 96th percentile nationally) and restaurant access. However, childcare facilities are limited, ranking in the bottom percentile metro-wide. Home values of $488,338 have appreciated 76% over five years, creating elevated ownership costs that sustain rental demand and limit competition from homeownership options.
Crime data for this specific neighborhood is not currently available in the dataset. Investors should conduct independent due diligence on local safety conditions and trends when evaluating this property. Standard practices include reviewing local police reports, consulting with property management companies familiar with the area, and assessing lighting and security infrastructure around the asset.
The area benefits from proximity to several major corporate offices that provide workforce housing demand, led by energy and industrial employers within commuting distance.
- Kinder Morgan — energy infrastructure (4.3 miles)
- General Mills — food manufacturing (8.2 miles)
- Waste Management — waste services (16.4 miles)
- McKesson Medical Surgical — healthcare distribution (17.1 miles)
This 92-unit asset offers exposure to a high-density rental market in San Bernardino County, where 52.2% of housing units are renter-occupied. The 1986 construction year positions the property for potential value-add opportunities while avoiding the capital intensity of significantly older inventory. Demographics within a 3-mile radius show household income growth of 42.8% over five years, with projections for continued expansion to $114,816 by 2028, supporting rent growth potential.
Elevated home values averaging $488,338 reinforce rental demand by limiting homeownership accessibility for many households. The neighborhood's A- rating reflects strong fundamentals, while commercial real estate analysis from WDSuite shows the area ranking in the top quartile among 997 metro neighborhoods. However, investors should note the slight decline in neighborhood-level occupancy over recent years and limited childcare infrastructure that may affect family tenant retention.
- High rental density market with 52.2% renter-occupied units
- Strong household income growth supporting rent increases
- Value-add potential from 1986 vintage construction
- Elevated ownership costs sustain rental demand
- Risk: Recent occupancy softening and limited childcare amenities