| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 66th | Fair |
| Demographics | 48th | Good |
| Amenities | 76th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 9656 Exeter Ave, Montclair, CA, 91763, US |
| Region / Metro | Montclair |
| Year of Construction | 1978 |
| Units | 100 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
9656 Exeter Ave Montclair CA Multifamily Investment
Neighborhood occupancy trends are above the metro median and amenity access is strong, pointing to durable renter demand according to WDSuite’s CRE market data.
Montclair’s inner-suburban setting offers practical livability for workforce and middle-income renters, with restaurants, cafes, groceries, and parks scoring in the top decile nationally. Neighborhood restaurants and cafes rank competitively among 997 metro neighborhoods, helping support day-to-day convenience and resident retention.
The neighborhood earns an A rating and ranks 86 out of 997 in the Riverside–San Bernardino–Ontario metro, placing it in the top quartile among local peers. Occupancy in the neighborhood sits in the upper national percentiles and is above the metro median, a signal of stable leasing conditions rather than a lease-up story.
Within a 3-mile radius, renter-occupied housing accounts for a little over half of units, indicating a deep tenant base for multifamily. Coupled with an increase in households projected over the next five years, this dynamic supports occupancy stability and steady demand for rental units.
Ownership costs in the area are elevated relative to incomes (high national percentile for home values and value-to-income), which tends to reinforce reliance on multifamily housing and strengthens pricing power for well-managed assets. Rent-to-income sits near the national middle, suggesting manageable affordability pressure with routine lease management. One local constraint to note is limited pharmacy presence, though grocery and park access are strong, and average school ratings trend modestly above national norms.
Neighborhood-level safety metrics were not available in this WDSuite release for Montclair’s immediate area. Investors typically benchmark property performance against city and metro trends, monitor ownership/management practices that support resident stability, and evaluate lighting, access control, and site design during diligence.
Given the absence of a current neighborhood crime rank among the 997 metro neighborhoods, a prudent approach is to review recent police blotter data, speak with neighboring operators, and compare trends to submarket averages to contextualize risk without over-relying on block-level anecdotes.
Proximity to logistics, environmental services, healthcare distribution, consumer goods, and utility corporate offices supports a diverse employment base and commute convenience for renters near the property. The employers below represent nearby demand drivers that can aid leasing stability.
- Ryder Vehicle Sales — logistics & fleet services (4.9 miles)
- Waste Management — environmental services (5.2 miles)
- Mckesson Medical Surgical — healthcare distribution (8.1 miles)
- General Mills — consumer packaged goods (9.6 miles)
- Edison International — electric utility (22.6 miles) — HQ
This 100-unit asset benefits from a top-quartile neighborhood rank (86 of 997 metro neighborhoods) and amenity access that materially outperforms national averages, supporting resident retention. Neighborhood occupancy trends are above the metro median, and within a 3-mile radius the renter pool is sizable, with households projected to grow — factors that typically underpin stable lease-up and renewal performance. Elevated ownership costs relative to incomes in the area help sustain rental demand, while rent-to-income near the national middle suggests affordability pressure is manageable with disciplined lease management, based on CRE market data from WDSuite.
Forward-looking demand is bolstered by diversified nearby employers and strong food and park access. Key items to underwrite include potential competition from newer stock in the broader Inland Empire and localized service gaps (e.g., limited pharmacy options), which may affect micro-market convenience rather than core demand.
- Above-metro neighborhood occupancy and top-quartile local rank support stable cash flow potential
- Deep 3-mile renter base with projected household growth supports demand and retention
- Elevated ownership costs reinforce reliance on rentals, aiding pricing power
- Diversified nearby employment and strong daily amenities enhance leasing durability
- Risks: competition from newer assets and localized service gaps (e.g., pharmacies) may temper premiums