| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 73rd | Good |
| Demographics | 44th | Good |
| Amenities | 30th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 25269 Park Ave, Loma Linda, CA, 92354, US |
| Region / Metro | Loma Linda |
| Year of Construction | 1974 |
| Units | 48 |
| Transaction Date | 2021-08-16 |
| Transaction Price | $18,500,000 |
| Buyer | LUXLIVING LLC |
| Seller | 1851 IVAR APARTMENTS LP |
25269 Park Ave Loma Linda Multifamily Investment
Positioned in an Inner Suburb setting with above-median neighborhood fundamentals, the asset benefits from steady renter demand and a deep tenant base, according to WDSuite’s CRE market data. Neighborhood-level occupancy is in the mid-90s with recent improvement, supporting income stability for a 48-unit property.
The neighborhood carries a B rating and ranks above the metro median (424 out of 997 Riverside–San Bernardino neighborhoods), indicating balanced fundamentals for long-term multifamily performance. Neighborhood-level occupancy is about 94% and trending higher over the last five years, which supports cash-flow durability and smoother leasing.
Everyday amenities are anchored by strong grocery access (top percentile nationally), and restaurant density is also comparatively strong. However, local parks, pharmacies, cafes, and childcare options are limited within the immediate neighborhood, so residents may rely on nearby submarkets for those needs. For investors, this mix suggests convenience for essentials with some lifestyle amenities accessed by short drives.
Tenure dynamics point to a high share of renter-occupied housing at the neighborhood level (upper tier in the metro), which translates into a broad renter pool and consistent leasing velocity. Home values in the area sit in the upper national percentiles, signaling a high-cost ownership market that tends to reinforce reliance on multifamily rentals and can support pricing power, while still requiring attentive lease management to balance affordability.
Within a 3-mile radius, demographics show a stable population today with forecasts calling for meaningful population and household growth over the next five years. Rising median and mean household incomes in the 3-mile area, alongside projected rent growth, point to a larger tenant base and support for occupancy stability, based on WDSuite’s commercial real estate analysis. Constructed in 1974, the property is newer than the neighborhood’s average vintage (1960s stock), offering a relative competitive edge versus older assets, though investors should plan for system modernization and value-add upgrades typical of 1970s construction.
Neighborhood safety trends are competitive within the metro, with the area ranking 288 out of 997 Riverside–San Bernardino neighborhoods. Nationally, the neighborhood sits modestly above the middle of the pack (around the 57th percentile), indicating safety that is slightly better than the national average.
Recent year-over-year estimates indicate notable declines in both violent and property offense rates at the neighborhood level. While safety conditions can vary by block and over time, the downward trend provides a constructive backdrop for tenant retention and leasing, and should be evaluated alongside on-site security measures and property management practices.
Nearby corporate offices provide broad-based employment across energy infrastructure, consumer packaged goods, healthcare distribution, environmental services, and logistics — a mix that supports renter demand and commuting convenience for workforce housing. Employers highlighted below are within practical driving distance.
- Kinder Morgan — energy infrastructure (6.7 miles)
- General Mills — consumer packaged goods (14.7 miles)
- Mckesson Medical Surgical — healthcare distribution (25.1 miles)
- Waste Management — environmental services (25.2 miles)
- Ryder Vehicle Sales — logistics and fleet services (27.8 miles)
This 48-unit 1974-vintage asset pairs neighborhood-level occupancy in the mid-90s with a renter-heavy housing base, supporting durable demand and steady leasing. The immediate area’s strong grocery access and solid restaurant density boost livability, while higher home values versus national norms point to a high-cost ownership market that can sustain multifamily reliance and pricing power with prudent lease management.
Within a 3-mile radius, population and household counts are projected to expand over the next five years, indicating renter pool expansion that supports occupancy stability and potential rent growth. According to CRE market data from WDSuite, the neighborhood ranks above the metro median and shows improving safety trends, while the 1970s vintage suggests clear value-add paths via interior modernization and system upgrades to enhance competitiveness against older local stock.
- Mid-90s neighborhood occupancy and high renter-occupied share support consistent leasing
- High-cost ownership market reinforces renter reliance and can bolster pricing power
- 3-mile demographic growth outlook points to a larger tenant base over the next five years
- 1974 vintage offers value-add potential through modernization relative to older 1960s stock
- Risks: affordability pressure requires careful lease management; limited nearby parks/cafes and potential variability in submarket safety conditions