| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 76th | Good |
| Demographics | 14th | Poor |
| Amenities | 55th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 9288 Olive St, Fontana, CA, 92335, US |
| Region / Metro | Fontana |
| Year of Construction | 1979 |
| Units | 20 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
9288 Olive St, Fontana Multifamily Investment
Stabilized renter demand and high neighborhood occupancy suggest dependable leasing fundamentals, according to WDSuite s CRE market data, with pricing supported by a high-cost ownership context in the Riverside San Bernardino Ontario metro.
The property sits in Fontana s Urban Core, where neighborhood occupancy is in the top quartile among 997 metro neighborhoods and well above many U.S. areas, based on CRE market data from WDSuite. A renter-occupied share near two-thirds (top quartile locally; high nationally) points to a deep tenant base that can support lease-up and retention for small and mid-sized assets.
Amenities skew favorable for daily living: parks density ranks competitively (top decile locally) with solid restaurant and cafe coverage, while grocery access trends above national norms. Conversely, fewer childcare centers and pharmacies are present within the neighborhood boundary, which may shift some errands to nearby districts.
Within a 3-mile radius, households have increased over the past five years and are projected to continue rising as average household size declines. This combination generally expands the renter pool and supports occupancy stability even if population growth remains modest. Median incomes have trended higher, which can help absorb rent growth, though operators should monitor affordability pressure.
Home values in the area are elevated relative to national benchmarks, and value-to-income ratios rank high among metro peers. For investors, this high-cost ownership market tends to reinforce reliance on multifamily rentals, aiding demand depth and potential lease retention. Neighborhood operating performance is competitive among Riverside San Bernardino Ontario neighborhoods, with per-unit NOI metrics comparing favorably to many local peers.
Safety indicators are mixed and should be evaluated with trend context. Compared with the 997 neighborhoods in the Riverside San Bernardino Ontario metro, the area shows higher reported incidents than many local peers; however, it compares favorably versus many U.S. neighborhoods overall (roughly top third nationally). Recent data show property offenses trending down year over year, while violent incidents have ticked up suggesting prudent risk management and active monitoring are warranted.
Nearby employers provide a diversified blue- and white-collar employment base that supports renter demand through commute convenience, including Kinder Morgan, General Mills, Waste Management, McKesson Medical Surgical, and Ryder Vehicle Sales.
- Kinder Morgan energy infrastructure (4.4 miles)
- General Mills consumer foods (6.9 miles)
- Waste Management waste services (15.3 miles)
- McKesson Medical Surgical medical distribution (15.9 miles)
- Ryder Vehicle Sales fleet & trucking services (17.6 miles)
Built in 1979, this 20-unit asset offers value-add potential through targeted renovations and systems upgrades while leveraging a neighborhood with top-quartile occupancy among 997 metro neighborhoods. According to CRE market data from WDSuite, renter concentration is high locally and home values are elevated versus national norms, which together reinforce multifamily demand and can support pricing power with careful lease management.
Within a 3-mile radius, households have grown and are projected to increase further as average household size declines, expanding the tenant base and supporting leasing durability. Rising area incomes and competitive neighborhood operating performance provide additional support, while investors should underwrite to affordability pressure and monitor safety trends.
- Top-quartile neighborhood occupancy among 997 metro neighborhoods supports leasing stability
- High renter-occupied share indicates a deep tenant base for small and mid-sized assets
- Elevated home values in the area reinforce reliance on rentals and potential pricing power
- 1979 vintage offers value-add and modernization opportunities to enhance competitiveness
- Risks: safety volatility, pockets of amenity gaps (childcare/pharmacy), and affordability pressure