| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 67th | Fair |
| Demographics | 27th | Fair |
| Amenities | 78th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 7806 Sierra Ave, Fontana, CA, 92336, US |
| Region / Metro | Fontana |
| Year of Construction | 2013 |
| Units | 53 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
7806 Sierra Ave, Fontana — 2013 Multifamily Opportunity
Neighborhood occupancy is solid and renter demand is deep, according to WDSuite’s CRE market data, positioning this asset for steady cash flow relative to local peers. Metrics cited below reflect the surrounding neighborhood, not the property’s own performance.
Situated in Fontana’s inner-suburban fabric of the Riverside–San Bernardino–Ontario metro, the neighborhood rates A- and ranks 178 out of 997 metro neighborhoods, placing it in the top quartile locally. That relative standing is supported by strong daily-needs access: grocery, pharmacy, parks, and dining density track in the top decile nationally, which helps retention and broadens the tenant pool for workforce-oriented multifamily.
Occupancy in the neighborhood is high and trending modestly upward in recent years, landing in the top quartile nationally. The renter-occupied share of housing units is elevated (near the top of national distributions), indicating a sizable tenant base and depth for lease-up, renewals, and backfilling. Median contract rents in the area have risen over the past five years while remaining aligned with inner-inland Southern California patterns, supporting underwriting assumptions around stabilized rent growth rather than outsized spikes.
Within a 3-mile radius, the population has grown in recent years and households have expanded faster than population, which points to smaller average household sizes and a larger household count overall. Forward-looking projections within the same 3-mile radius indicate continued population growth and a meaningful increase in households, which supports occupancy stability and leasing velocity for professionally managed multifamily.
Ownership costs are elevated relative to incomes (high value-to-income ratios and above-average home values in the neighborhood), which tends to reinforce reliance on rental housing and can support pricing power for well-maintained properties. Given the area’s amenity access and renter concentration, this submarket remains competitive among Riverside–San Bernardino–Ontario neighborhoods for stable, needs-based demand.
Neighborhood safety compares favorably in the national context, with overall conditions tracking above the U.S. median and competitive among the 997 neighborhoods in the Riverside–San Bernardino–Ontario metro. Violent-offense indicators sit in the top percentile bands nationally (safer than most neighborhoods across the U.S.), while property-offense indicators are also stronger than average but have shown a recent uptick. Investors should monitor citywide and neighborhood-level trends over time as part of ongoing risk management.
Nearby corporate operations in logistics, food manufacturing, environmental services, healthcare distribution, and fleet services provide a diversified employment base that supports renter demand and commute convenience for tenants. The list below highlights key employers by proximity.
- Kinder Morgan — energy infrastructure (5.36 miles)
- General Mills — food manufacturing offices (8.21 miles)
- Waste Management — environmental services offices (16.16 miles)
- Mckesson Medical Surgical — healthcare distribution (17.03 miles)
- Ryder Vehicle Sales — fleet and logistics services (18.21 miles)
Built in 2013, the 53-unit property is newer than the neighborhood’s typical housing stock, offering competitive positioning versus older inventory and potentially lower near-term capital needs. At the neighborhood level, occupancy is strong and renter-occupied share is high, suggesting depth of demand and support for stable leasing. Elevated home values relative to income in the area point to a high-cost ownership market, which can reinforce multifamily demand and bolster pricing power when asset quality is maintained. These takeaways align with trends observed in the surrounding submarket and are consistent with commercial real estate analysis for inland Southern California.
Demographic trends within a 3-mile radius show recent population growth and a faster increase in households, with forecasts indicating further expansion in household counts—favorable for sustaining a larger tenant base and occupancy stability. According to CRE market data from WDSuite, neighborhood amenity access and nationally competitive safety indicators further support long-run renter appeal, while investors should continue to monitor property-offense trends and affordability pressures when calibrating renewal strategies.
- 2013 vintage offers competitive positioning versus older neighborhood stock with potential value-add through selective modernization
- Strong neighborhood occupancy and high renter-occupied share support leasing stability and depth of tenant demand
- Elevated ownership costs in the area reinforce reliance on rental housing and can sustain pricing power
- 3-mile household growth and forecast expansion point to a larger tenant base and support for long-run occupancy
- Risks: track property-offense trends and manage rent-to-income affordability to protect retention