| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 73rd | Good |
| Demographics | 18th | Poor |
| Amenities | 28th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 17172 Donert St, Hesperia, CA, 92345, US |
| Region / Metro | Hesperia |
| Year of Construction | 1985 |
| Units | 22 |
| Transaction Date | 1995-04-07 |
| Transaction Price | $808,000 |
| Buyer | RIM PROPERTIES |
| Seller | GRANITE MANAGEMENT CORP |
17172 Donert St Hesperia Multifamily Investment
This 22-unit property built in 1985 sits in an inner suburb neighborhood with above-average rental occupancy and strong pharmacy access. CRE market data from WDSuite indicates the area maintains 94.2% occupancy rates and benefits from a high 41.7% rental share among housing units.
The property sits in an inner suburb neighborhood that ranks in the top quartile nationally for rental share, with 41.7% of housing units occupied by renters. This rental-heavy composition supports consistent tenant demand in the Riverside-San Bernardino-Ontario metro area. Neighborhood-level occupancy runs at 94.2%, indicating stable absorption despite some regional headwinds.
Built in 1985, the property aligns with the neighborhood's average construction year of 1986, suggesting potential value-add opportunities through strategic capital improvements and unit upgrades. The area shows mixed fundamentals with median household income of $60,706 and contract rents at $1,473, though rent-to-income ratios indicate affordability pressure that requires careful lease management.
Demographics within a 3-mile radius show a population of approximately 52,800 with projected growth to 64,700 by 2028, representing a 22.5% increase that should expand the renter pool. Forecast data suggests household formation will accelerate, with renter-occupied units expected to increase significantly, supporting long-term multifamily demand in this San Bernardino County location.
Amenity access remains limited, with minimal grocery, cafe, and childcare options nearby, though pharmacy density ranks in the 92nd percentile nationally. Home values at $335,816 have appreciated 80.7% over five years, which may reinforce rental demand as ownership costs remain elevated relative to local incomes.
Crime metrics place this neighborhood in the middle range among the 997 neighborhoods in the Riverside-San Bernardino-Ontario metro area. Property offense rates rank 721st, while violent crime rates rank 736th, both indicating moderate safety levels compared to regional averages.
Recent trends show property crime increased 1.6% year-over-year, while violent crime decreased 0.8%, suggesting mixed but relatively stable conditions. The neighborhood's 38th percentile national ranking for overall crime reflects typical suburban safety profiles that neither significantly enhance nor detract from tenant appeal.
The employment base draws from major corporate offices within commuting distance, providing workforce housing demand from established companies across logistics, food production, and waste management sectors.
- Kinder Morgan — energy infrastructure (28.5 miles)
- General Mills — food production (33.6 miles)
- Waste Management — environmental services (39.3 miles)
- Ryder Vehicle Sales — transportation services (40.0 miles)
This 1985-vintage property offers value-add potential in a neighborhood with strong rental fundamentals and projected demographic growth. The area's 94.2% occupancy rate and 41.7% rental share indicate stable tenant demand, while the building's age presents opportunities for strategic improvements to capture rent premiums. According to commercial real estate analysis from WDSuite, the neighborhood benefits from limited new supply and growing renter households within the broader San Bernardino market.
- High rental occupancy at 94.2% suggests consistent tenant demand
- Top quartile rental share indicates strong multifamily market fundamentals
- 22.5% projected population growth through 2028 supports tenant base expansion
- 1985 construction year offers renovation upside and NOI improvement potential
- Risk consideration: Rent-to-income ratios suggest affordability pressure requiring active lease management