| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 75th | Good |
| Demographics | 40th | Fair |
| Amenities | 45th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1045 W G St, Ontario, CA, 91762, US |
| Region / Metro | Ontario |
| Year of Construction | 2007 |
| Units | 20 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1045 W G St, Ontario CA Multifamily Investment
Neighborhood fundamentals point to durable renter demand and strong occupancy at the area level, according to WDSuite’s CRE market data. This location offers an income-oriented profile in a high-cost ownership market within the Inland Empire.
Located in Ontario within the Riverside–San Bernardino–Ontario metro, the neighborhood rates B+ and ranks 293 out of 997 metro neighborhoods, placing it above the metro median. Restaurants and daily services are accessible, with restaurant density in the top quartile nationally and pharmacies even stronger, while parks, cafes, and childcare are limited—an operating consideration for family-oriented tenants.
The area’s housing stock skews older (average 1966 across nearby blocks), while the subject’s 2007 vintage positions it competitively versus older inventory. That said, mid-life systems and common areas may warrant targeted updates to sustain leasing velocity against newer deliveries.
Home values in the neighborhood are elevated versus national norms, a high-cost ownership backdrop that tends to support reliance on multifamily rentals and bolster pricing power. At the same time, neighborhood rent-to-income falls near national midrange, suggesting manageable affordability pressure that can aid retention and renewal strategies.
Tenure patterns indicate a balanced renter base. The immediate neighborhood shows a smaller share of renter-occupied units (about one-third), while demographics aggregated within a 3-mile radius indicate renters account for just over half of occupied housing—supporting depth of demand for a 20-unit asset.
Within a 3-mile radius, population has been broadly stable with projections calling for a modest contraction but a notable increase in household count alongside smaller average household size by 2028. This shift typically expands the renter pool and can support occupancy stability and lease-up resiliency for well-maintained properties, based on CRE market data from WDSuite.
Safety trends are mixed in this neighborhood relative to the region and nation. The neighborhood’s crime rank is 884 out of 997 metro neighborhoods, indicating weaker performance than the metro median, while its national position aligns below average for safety. Violent-offense indicators sit closer to national midrange, suggesting some stabilization relative to property-related offenses.
For underwriting, investors may want to account for variance in property offense trends year over year and emphasize on-site management, lighting, and access controls. Compare these dynamics to nearby Ontario sub-areas to calibrate marketing, staffing, and security line items during hold.
Nearby corporate operations across logistics, manufacturing, and business services provide a broad employment base and commute convenience that can support renter retention and steady leasing. The list below highlights major employers within a pragmatic drive radius.
- Waste Management — environmental services (4.8 miles)
- Ryder Vehicle Sales — transportation & logistics (5.1 miles)
- Mckesson Medical Surgical — healthcare distribution (7.5 miles)
- General Mills — food manufacturing (8.4 miles)
- United Technologies — aerospace & industrial (15.5 miles)
The 2007 vintage offers a competitive edge versus the neighborhood’s older housing stock, supporting positioning against legacy properties while acknowledging mid-life system planning. Neighborhood occupancy metrics are exceptionally strong at the area level, and the broader ownership landscape is high-cost, which tends to reinforce multifamily demand and pricing discipline. According to CRE market data from WDSuite, service and retail amenities are solid, led by restaurants and pharmacies, which can aid daily-life convenience for residents.
Demographics aggregated within a 3-mile radius point to a stable population with projections for more households and smaller average household size—both supportive of a larger tenant base over time. Rent-to-income sits near national midrange, indicating a manageable affordability profile that can help sustain renewals, though investors should weigh modest school ratings and mixed safety signals when calibrating marketing and operating plans.
- 2007 construction competes well versus older neighborhood stock; plan for mid-life capex to maintain positioning.
- Strong area-level occupancy and high-cost ownership context support rental demand and pricing power.
- 3-mile demographics indicate more households and smaller sizes by 2028, expanding the renter pool.
- Daily conveniences are robust (restaurants, pharmacies), enhancing resident livability and retention.
- Risks: modest school ratings, limited parks/cafes, and mixed safety metrics warrant prudent OPEX and asset management.