| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 73rd | Good |
| Demographics | 44th | Good |
| Amenities | 30th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 10846 Poplar St, Loma Linda, CA, 92354, US |
| Region / Metro | Loma Linda |
| Year of Construction | 2013 |
| Units | 50 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
10846 Poplar St Loma Linda Multifamily Investment
This 50-unit property built in 2013 benefits from strong neighborhood rental demand, with 75% of housing units renter-occupied according to CRE market data from WDSuite.
The Loma Linda neighborhood demonstrates solid fundamentals for multifamily investors, ranking in the top 30% nationally for housing metrics. With 75% of housing units renter-occupied compared to typical suburban markets, the area provides depth of rental demand that supports occupancy stability.
Demographic data within a 3-mile radius shows a stable tenant base with household incomes averaging $77,784, while projected growth to 52,000 residents by 2028 represents an 18% population increase. This expansion supports a larger renter pool entering the market, with forecasted household formation reaching nearly 22,000 units. Contract rents in the neighborhood average $1,461, positioning properties competitively within the broader Riverside-San Bernardino metro.
The property's 2013 construction year aligns with neighborhood averages, reducing near-term capital expenditure needs while maintaining competitive positioning. Home values averaging $400,859 with elevated ownership costs help sustain rental demand, as higher purchase price thresholds keep households in the rental market longer. Neighborhood occupancy rates of 94% demonstrate consistent absorption, though investors should monitor rent-to-income ratios given affordability pressures in the broader market.
Amenity access remains limited, with the neighborhood ranking in the bottom quartile nationally for cafes, childcare, and parks. However, grocery store density ranks in the top 2% nationally, providing essential convenience for residents while restaurant options remain adequate for tenant retention.
Safety metrics show mixed trends for the Loma Linda neighborhood. Violent crime rates rank in the middle range among the metro's 997 neighborhoods, with recent year-over-year decreases of 46% indicating improving conditions. Property crime rates currently rank toward the lower end but have shown a 32% decline, suggesting positive momentum in neighborhood security.
Overall crime performance places the neighborhood near the 57th percentile nationally, indicating moderate safety levels compared to similar multifamily markets. Investors should monitor these trends as part of tenant retention and leasing velocity considerations, particularly given the improving trajectory in both violent and property offense categories.
The employment base includes several corporate offices within commuting distance, supporting workforce housing demand in the area.
- Kinder Morgan — energy infrastructure (6.5 miles)
- General Mills — consumer goods (14.5 miles)
- Mckesson Medical Surgical — healthcare services (24.9 miles)
- Waste Management — environmental services (25.0 miles)
This 2013-built property offers stable fundamentals in a rental-focused neighborhood where three-quarters of housing units are renter-occupied. Commercial real estate analysis from WDSuite indicates neighborhood-level occupancy rates of 94%, while projected population growth of 18% through 2028 supports expanding tenant demand. The property's relatively recent construction reduces immediate capital expenditure needs while maintaining competitive positioning against older neighborhood stock.
Home values averaging $400,859 with elevated ownership costs help sustain rental demand by keeping households in the multifamily market. However, rent-to-income ratios warrant monitoring for affordability pressures that could impact renewal rates and pricing power. The location provides essential grocery access while employment centers within reasonable commuting distance support workforce housing demand.
- Strong rental market with 75% of neighborhood units renter-occupied
- 2013 construction reduces near-term capital expenditure requirements
- Projected 18% population growth through 2028 expands tenant base
- High ownership costs support rental demand retention
- Risk: Rent-to-income ratios require monitoring for affordability pressure