| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 73rd | Good |
| Demographics | 31st | Fair |
| Amenities | 27th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 9205 Date St, Fontana, CA, 92335, US |
| Region / Metro | Fontana |
| Year of Construction | 1986 |
| Units | 21 |
| Transaction Date | 1996-03-14 |
| Transaction Price | $310,128 |
| Buyer | OLDTIMERS HOUSING DEVELOPMENT CORP IV |
| Seller | FONTANA HOUSING AUTHORITY |
9205 Date St, Fontana Multifamily Investment
Neighborhood occupancy and a high-cost ownership backdrop point to durable renter demand, according to WDSuite’s CRE market data. A 1986 vintage and 21 units position this asset for practical value-add and steady leasing in San Bernardino County.
Located in an Inner Suburb of the Riverside–San Bernardino–Ontario metro, the neighborhood carries a B- rating and shows occupancy that sits above the national median (neighborhood occupancy refers to the broader area, not this property). Median contract rents in the neighborhood have risen over the past five years, supporting baseline pricing power for well-managed assets.
Retail access is weighted toward daily-needs convenience: grocery and restaurant density are competitive nationally (around the top quartile), while parks, pharmacies, and cafes are limited directly nearby. For investors, this mix favors stable, workforce-oriented demand with fewer lifestyle-driven premiums to underwrite.
Within a 3-mile radius, population has grown modestly in recent years, with households expanding faster and average household size edging down. This combination typically broadens the tenant base and can support occupancy stability for multifamily properties as more households form and seek rentals.
Renter-occupied housing accounts for roughly half of neighborhood units, indicating a deep tenant pool. Elevated home values relative to national norms reinforce reliance on rentals, which can aid lease retention and reduce turnover. School scores trend around the national middle, suggesting education quality is not a primary rent driver in this micro-market.
Vintage context: the average neighborhood construction year skews late-1970s, while this property’s 1986 delivery is somewhat newer, offering a competitive edge over older stock. Investors should still plan for selective systems modernization or cosmetic upgrades to capture value-add upside.
Safety metrics for the neighborhood compare favorably to many areas nationwide. According to WDSuite, property and violent offense measures sit in higher national percentiles (safer relative standing), and recent data indicates a meaningful year-over-year improvement in violent incidents. As with any submarket, conditions vary by block and over time, so underwriting should focus on trend direction and property-level controls rather than single-year snapshots.
The area’s employment base is anchored by regional logistics, industrial, and services employers that support workforce housing demand and commute convenience for renters. Nearby corporate offices include Kinder Morgan, General Mills, Waste Management, McKesson Medical Surgical, and Ryder Vehicle Sales.
- Kinder Morgan — energy infrastructure (4.8 miles)
- General Mills — food manufacturing offices (6.6 miles)
- Waste Management — environmental services offices (15.0 miles)
- Mckesson Medical Surgical — healthcare distribution offices (15.6 miles)
- Ryder Vehicle Sales — transportation & logistics offices (17.2 miles)
9205 Date St offers a practical value-add play in a renter-heavy pocket of Fontana. Neighborhood occupancy trends are above the national median and renter-occupied share is substantial, while elevated home values in San Bernardino County help sustain multifamily reliance. Based on CRE market data from WDSuite, rents have advanced over the last five years at the neighborhood level, supporting measured revenue growth for assets with thoughtful renovations and attentive operations.
The 1986 vintage is newer than much of the late-1970s neighborhood stock, providing a competitive baseline versus older properties. Targeted upgrades to interiors and aging systems can unlock incremental rent and retention without overextending capex. Demographic trends within a 3-mile radius—modest population growth, rising household counts, and slightly smaller household sizes—point to a broader tenant base that supports occupancy stability over the medium term. Investors should note limited nearby parks/cafes and monitor any softening in area occupancy when stress-testing underwriting.
- Above-median neighborhood occupancy and strong renter concentration support demand depth
- 1986 vintage is newer than local average, creating value-add and competitiveness versus older stock
- Elevated ownership costs in the area reinforce multifamily reliance and lease retention
- 3-mile radius shows growing households and a larger renter pool, aiding occupancy stability
- Risks: limited nearby parks/cafes and potential occupancy softening warrant conservative underwriting