| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 82nd | Best |
| Demographics | 58th | Best |
| Amenities | 24th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 28807 Baseline St, Highland, CA, 92346, US |
| Region / Metro | Highland |
| Year of Construction | 2012 |
| Units | 99 |
| Transaction Date | 2008-03-31 |
| Transaction Price | $70,000 |
| Buyer | HIGHLAND AL MC GROUP |
| Seller | BARNHARTS HIGHLAND LAND LLC |
2012 99-Unit Multifamily at 28807 Baseline St
Neighborhood occupancy trends indicate stable renter demand and steady leasing performance, according to WDSuite’s CRE market data. Elevated area home values and income levels support pricing power without overextending typical rent-to-income ratios.
Highland’s inner-suburban setting delivers solid fundamentals for workforce and middle-income renters. Neighborhood occupancy is in the top decile nationally, a signal of leasing stability and limited downtime between turns based on CRE market data from WDSuite. Within a 3-mile radius, population and household counts have grown in recent years and are projected to continue expanding, which supports a larger tenant base and helps sustain occupancy.
The property’s 2012 vintage is slightly older than the neighborhood’s average construction year. That positioning typically competes well on rents while leaving room for targeted upgrades (common areas, unit finishes, or systems) to enhance absorption and retention versus newer stock.
Tenure data points to an owner-leaning area. Within 3 miles, approximately three in ten housing units are renter-occupied, indicating a moderate renter concentration that can still support multifamily demand, particularly for well-managed assets offering convenience and value relative to ownership.
Local livability metrics are mixed: pharmacy access tests above national averages and schools rate above average, while neighborhood counts of cafes, groceries, and parks are limited. For investors, this suggests resident demand may be driven more by housing quality, commute patterns, and relative affordability than by a dense amenity cluster. Median contract rents in the neighborhood rank in the top decile nationally, while rent-to-income sits favorably, supporting retention and disciplined rent management.
Safety indicators benchmark favorably in national context. Overall crime measures rank in the top quartile nationally, and violent offense metrics are in the top decile compared with neighborhoods nationwide, suggesting comparatively lower incident levels. These are neighborhood-level readings, not property-specific, and trends should be monitored over time.
At the metro level (Riverside–San Bernardino–Ontario, 997 neighborhoods), the area performs competitively, with recent data signaling stable or improving conditions. As always, investors should corroborate with current municipal and insurance data during diligence.
Regional employers within commuting range help support renter demand and lease retention, led by energy infrastructure, consumer goods, environmental services, medical distribution, and transportation.
- Kinder Morgan — energy infrastructure (11.9 miles)
- General Mills — consumer goods (19.1 miles)
- Waste Management — environmental services (30.4 miles)
- Mckesson Medical Surgical — medical distribution (30.5 miles)
- Ryder Vehicle Sales — transportation services (32.8 miles)
This 99-unit, 2012-vintage asset benefits from strong neighborhood occupancy—competitive among Riverside–San Bernardino–Ontario neighborhoods—which supports leasing stability and predictable cash flow management. The 3-mile trade area shows population and household growth with rising incomes, indicating a growing renter pool and capacity for rent progression without excessive affordability pressure. Elevated local home values and a favorable rent-to-income profile reinforce reliance on multifamily housing and can aid retention.
Relative to the neighborhood’s newer average stock, the 2012 vintage remains competitive while offering scope for value-add initiatives to narrow the gap with 2016+ product. According to WDSuite’s multifamily property research, the area’s owner-leaning tenure limits direct competition from abundant rentals, which can support occupancy, though it places a premium on management quality and product differentiation.
- Neighborhood occupancy is competitive, supporting leasing stability and rent durability
- 3-mile population and household growth expand the tenant base and support absorption
- Elevated home values and favorable rent-to-income dynamics support pricing power and retention
- 2012 vintage offers value-add potential to compete with newer neighborhood stock
- Risks: limited nearby amenity density and competition from newer assets require careful positioning and active management