| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 72nd | Good |
| Demographics | 16th | Poor |
| Amenities | 47th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 9971 Juniper Ave, Fontana, CA, 92335, US |
| Region / Metro | Fontana |
| Year of Construction | 2010 |
| Units | 60 |
| Transaction Date | 2007-04-12 |
| Transaction Price | $400,000 |
| Buyer | ELDERLY HOUSING DEVELOPMENT & OPERATIONS |
| Seller | JUNIPER EAST PROPERTIES LLC |
9971 Juniper Ave, Fontana Multifamily Investment
Neighborhood fundamentals point to resilient renter demand and stable occupancy, according to WDSuite’s CRE market data, with newer stock offering competitive positioning versus older area assets.
This inner-suburb location in Fontana sits within the Riverside–San Bernardino–Ontario metro and is competitive among metro neighborhoods (260th of 997 for amenities), supported by strong retail convenience. Neighborhood grocery and pharmacy access trend well above national norms (high national percentiles), and restaurant density ranks near the top nationally, which can aid leasing velocity and day-to-day livability for residents.
Construction vintage in the surrounding neighborhood skews older (average 1973), while the subject’s 2010 build is newer than much of the local stock—an advantage for near-term competitiveness. Investors should still plan for normal system modernization over the hold period, but the relative youth of the asset can temper immediate capital needs compared with older comparables.
At the neighborhood level, occupancy trends are solid, with rates in the mid-90s; this reflects area-wide stability rather than property-specific performance. Renter-occupied housing accounts for roughly six in ten units locally, indicating a deep tenant base that supports multifamily absorption and renewal potential. Elevated neighborhood home values and a high value-to-income ratio signal a high-cost ownership market, which tends to sustain demand for rental options and can support pricing power when managed carefully.
Demographics aggregated within a 3-mile radius show households have grown recently and are projected to expand further even as average household size eases. For investors, this points to a larger tenant base and a gradual shift toward more households, which can support occupancy stability and diversified demand. Against metro and national trends, the neighborhood’s housing metrics score above the national median, while school ratings trend below average—an element to monitor for family-oriented leasing strategies.
Safety indicators compare favorably in both metro and national contexts. The neighborhood ranks 185th out of 997 in the metro on overall crime, and national percentiles indicate stronger-than-average safety (around the 60s nationally). Property-related offenses trend in a higher national safety percentile, and violent-offense measures also sit above national median safety levels. For investors, this positioning typically supports retention and broadens the renter pool, though conditions can vary block to block and should be validated during due diligence.
Nearby employers reflect a mix of energy, food distribution, waste services, healthcare distribution, and fleet services, supporting a broad workforce renter base and commute convenience for residents.
- Kinder Morgan — energy infrastructure (4.2 miles)
- General Mills — food distribution (6.4 miles)
- Waste Management — environmental services (15.0 miles)
- Mckesson Medical Surgical — healthcare distribution (15.4 miles)
- Ryder Vehicle Sales — fleet & logistics (17.3 miles)
This 60-unit, 2010-vintage asset benefits from a renter-driven neighborhood where ownership costs are elevated relative to incomes, reinforcing reliance on multifamily housing. Neighborhood occupancy trends remain in the mid-90s, according to CRE market data from WDSuite, and the property’s newer construction compares favorably against an older local stock, supporting competitive positioning and potential operating efficiency.
Within a 3-mile radius, households are increasing even as average household size edges lower, expanding the tenant base and supporting absorption over time. Strong everyday retail access and proximity to logistics and healthcare employers underpin workforce demand, while below-average school ratings and limited park/café density present considerations for unit mix and marketing strategy rather than structural weaknesses.
- Newer 2010 vintage versus older neighborhood stock supports competitiveness and moderated near-term capex.
- Renter concentration near 60% and mid-90s neighborhood occupancy support demand depth and renewal potential.
- High-cost ownership market bolsters multifamily reliance and pricing power when managed carefully.
- Household growth within 3 miles points to a larger tenant base and steady absorption.
- Risks: below-average school ratings and limited park/café density may influence family demand; monitor during due diligence.