| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 71st | Good |
| Demographics | 23rd | Poor |
| Amenities | 76th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 8538 Tamarind Ave, Fontana, CA, 92335, US |
| Region / Metro | Fontana |
| Year of Construction | 1986 |
| Units | 23 |
| Transaction Date | 2002-09-27 |
| Transaction Price | $1,105,000 |
| Buyer | GROUP IV POMONA PROPERTIES LTD |
| Seller | EMPIRE INCOME GROUP LLC |
8538 Tamarind Ave, Fontana Multifamily Investment
Neighborhood occupancy near 92% and a renter-occupied share around 52% point to durable demand and leasing stability, according to WDSuite’s CRE market data.
The property is situated in an Inner Suburb location of the Riverside–San Bernardino–Ontario metro that is competitive among metro neighborhoods (ranked 203 of 997). Amenity access stands out: neighborhood measures for groceries, cafes, restaurants, parks, and pharmacies fall in the upper national quartiles, supporting daily convenience that helps retention and leasing.
For investors focused on revenue durability, neighborhood occupancy trends sit around the low‑90% range, roughly middle of the pack nationally, while median asking rents benchmark above national norms. The renter-occupied share is about 52% of housing units in the neighborhood, indicating a sizable tenant base and depth for multifamily demand. Built in 1986, the asset is newer than the area’s average vintage (1971), which can improve competitive positioning versus older local stock; however, selective modernization may still be warranted for systems and finishes depending on current condition.
Within a 3‑mile radius, population has grown modestly in recent years and households have increased, expanding the local renter pool. Projections through 2028 indicate additional household growth alongside gradually smaller average household sizes, a combination that generally supports occupancy stability and absorption for multifamily units. School ratings in the immediate area trend below national averages, which can matter for family-oriented leasing in select unit mixes, but strong amenity access and everyday services help balance overall livability for renters.
Ownership costs are elevated versus incomes (high national value‑to‑income percentile), signaling a high‑cost ownership market that tends to reinforce reliance on rental housing and support pricing power when managed thoughtfully. Lease management should still account for affordability pressure, as rent-to-income ratios in the neighborhood are less favorable than many U.S. areas.
Neighborhood‑level crime data for this area is not available in the current WDSuite release, so investors should compare future neighborhood readings to metro benchmarks when published and place greater weight on property‑level controls (lighting, access, and on‑site management) and broader city trends for context. Avoid treating block‑by‑block anecdotes as representative; rely on consistent, neighborhood‑scale metrics as they become available.
Nearby employers across energy infrastructure, food manufacturing, environmental services, medical distribution, and logistics provide a diversified employment base that supports commuter convenience and renter demand for workforce housing.
- Kinder Morgan — energy infrastructure (4.2 miles)
- General Mills — food manufacturing (8.2 miles)
- Waste Management — environmental services (16.5 miles)
- Mckesson Medical Surgical — medical distribution (17.2 miles)
- Ryder Vehicle Sales — logistics and fleet (18.7 miles)
8538 Tamarind Ave offers exposure to a renter‑oriented neighborhood with solid amenity access and average‑to‑above‑average occupancy levels, underpinned by a roughly half renter‑occupied housing base. Built in 1986, the asset is newer than much of the surrounding stock, supporting competitive positioning while leaving room for targeted value‑add to drive rent and retention. According to CRE market data from WDSuite, the area exhibits elevated ownership costs relative to incomes, which typically sustains rental demand and can support pricing power when paired with prudent lease management.
Within a 3‑mile radius, recent population gains and an increase in households point to a larger tenant base, and forecasts call for further household expansion by 2028 as average household size trends down. These dynamics, combined with proximity to diverse employers, support a multifamily thesis centered on occupancy stability and steady demand, while acknowledging affordability pressure and school quality as considerations in unit mix and marketing.
- Renter depth: neighborhood’s renter-occupied share around half supports a broad tenant base.
- Competitive positioning: 1986 construction is newer than area average, with potential for targeted value‑add.
- Demand drivers: strong everyday amenities and diversified nearby employers aid retention and leasing.
- Rental resilience: high‑cost ownership market tends to sustain reliance on multifamily housing.
- Risks: affordability pressure and below‑average school ratings may influence pricing strategy and unit mix.