| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 75th | Good |
| Demographics | 31st | Fair |
| Amenities | 65th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1217 N Vineyard Ave, Ontario, CA, 91764, US |
| Region / Metro | Ontario |
| Year of Construction | 1980 |
| Units | 60 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1217 N Vineyard Ave Ontario Multifamily Investment
Situated in a renter-supported pocket of Ontario with solid neighborhood occupancy, this 60-unit asset benefits from everyday convenience and strong service-sector employment, according to WDSuite s CRE market data. Location fundamentals and amenity access point to steady renter demand rather than outsized volatility.
The property sits in an Urban Core area rated A 2 and ranked 184 out of 997 neighborhoods in the Riverside San Bernardino Ontario metro competitive among local neighborhoods based on WDSuite s CRE market data. Grocery and daily-needs access are a clear strength, with grocery and restaurant density placing well above typical U.S. neighborhoods, supporting renter convenience and day-to-day livability.
Vintage is 1980, slightly newer than the neighborhood s average construction year (1974). That positioning can help competitive appeal versus older stock, while investors should still plan for targeted modernization and systems updates to support leasing and retention.
Within a 3-mile radius, a little over half of housing units are renter-occupied, indicating a deep tenant base for multifamily. Household counts have risen in recent years and are projected to continue increasing even as average household size trends lower a pattern that typically broadens the renter pool and can support occupancy stability for well-managed assets.
Ownership costs in the neighborhood are elevated relative to incomes (high national percentile for value-to-income and home values), which tends to reinforce sustained reliance on multifamily rentals and supports pricing power when paired with prudent lease management. Amenity access is strong for cafes, restaurants, pharmacies, and groceries, though dedicated parks and childcare options are thinner locally an operating consideration for family-oriented marketing and unit mix strategy. Average school ratings sit modestly above the national median, aligning with broad, stable demand rather than luxury-driven positioning.
Safety trends are mixed. Relative to 997 metro neighborhoods, this area sits below the metro median on overall safety, while violent-offense measures are closer to the national middle and property-related incidents trend somewhat less favorable. WDSuite s data also points to recent volatility in reported incident rates, so investors should underwrite with up-to-date comps, monitor trend direction, and incorporate appropriate security and lighting upgrades as part of asset plans.
Nearby corporate operations in food manufacturing, environmental services, logistics, medical distribution, and energy infrastructure underpin a broad employment base and commuter convenience supporting leasing depth for workforce-oriented units. The employers below are representative of the demand drivers within typical renter commute sheds.
- General Mills food manufacturing offices (5.9 miles)
- Waste Management environmental services (6.9 miles)
- Ryder Vehicle Sales logistics and fleet services (8.2 miles)
- Mckesson Medical Surgical medical distribution (8.9 miles)
- Kinder Morgan energy infrastructure offices (14.0 miles)
1217 N Vineyard Ave aligns with stable, needs-based renter demand in Ontario. According to CRE market data from WDSuite, the neighborhood is competitive within the metro and benefits from strong amenity density, high-cost ownership dynamics, and a renter-occupied housing share that helps sustain a reliable tenant base. The 1980 vintage is slightly newer than local averages, offering an edge versus older comparables while still warranting selective modernization to enhance retention and operational efficiency.
Within a 3-mile radius, household counts have grown and are expected to continue increasing even as household sizes trend smaller, which typically supports occupancy stability and absorption of renovated units. Elevated home values relative to incomes reinforce reliance on multifamily housing, and proximity to diversified employers supports leasing durability across cycles. Key underwriting considerations include measured safety positioning and limited park/childcare infrastructure, which can be mitigated with on-site amenities and thoughtful resident services.
- Competitive neighborhood standing in the Riverside San Bernardino Ontario metro with strong daily-needs amenity access
- 1980 vintage offers relative competitiveness versus older stock with value-add upside via targeted upgrades
- Renter-supported area and diversified nearby employers bolster tenant base and leasing stability
- High-cost ownership landscape supports pricing power with disciplined lease management
- Risks: below-median safety positioning and limited parks/childcare; address via security investments and on-site amenities