| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 84th | Best |
| Demographics | 21st | Poor |
| Amenities | 48th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1433 E D St, Ontario, CA, 91764, US |
| Region / Metro | Ontario |
| Year of Construction | 2005 |
| Units | 91 |
| Transaction Date | 2003-09-25 |
| Transaction Price | $950,000 |
| Buyer | ONTARIO SENIOR HOUSING INC |
| Seller | ONTARIO REDEVELOPMENT AGENCY |
1433 E D St Ontario Multifamily Investment
Neighborhood indicators point to deep renter demand and high occupancy stability, according to WDSuite’s CRE market data. Metrics cited refer to the surrounding neighborhood, not the property, and suggest steady leasing conditions supported by a strong renter base.
Positioned in Ontario’s Urban Core, the property benefits from neighborhood fundamentals that support multifamily demand. The area’s occupancy ranks 240 out of 997 metro neighborhoods and sits in the 89th percentile nationally, signaling competitive performance and potential lease stability. Renter-occupied housing represents 58.4% of neighborhood units (rank 106 of 997; 93rd percentile nationally), indicating a sizable tenant base for multifamily.
Daily-needs access is favorable: restaurants are dense (95th percentile nationally), grocery options are strong (93rd percentile), and parks are abundant (97th percentile). By contrast, the neighborhood under-indexes on cafes and pharmacies, which may limit certain lifestyle conveniences; investors should factor these into positioning and resident experience plans. Average school ratings track below national norms (28th percentile), which can influence tenant mix and leasing narratives for family-oriented units.
Within a 3-mile radius, population has edged up in recent years while households expanded faster, and projections show further household growth alongside smaller average household size. This dynamic can enlarge the renter pool and support occupancy, even if overall population growth moderates. Median and mean incomes within 3 miles have trended higher, aligning with rising contract rents, which supports rent collections and measured pricing power.
The submarket skews toward a high-cost ownership landscape: neighborhood home values sit in the 84th national percentile and the value-to-income ratio ranks 98 out of 997 in the metro (94th percentile nationally). Elevated ownership costs often sustain reliance on rental housing, which can aid tenant retention and stabilize rent rolls. The asset’s 2005 construction is newer than the neighborhood average vintage (1991), offering relative competitiveness versus older stock while still warranting mid-life capital planning for systems and finishes.
Safety metrics are mixed when compared nationally and across the Riverside–San Bernardino–Ontario metro. The neighborhood’s overall crime rank is 900 out of 997 metro neighborhoods, indicating it performs below many peers locally, while national percentiles place the area closer to the lower half of neighborhoods for both property and violent offenses. These figures describe neighborhood-level conditions rather than the property itself.
Operationally, investors often address such environments through lighting, access control, and resident engagement, and by aligning leasing with renter demand drawn by nearby employment and amenities. Monitoring trends and coordinating with local resources can help maintain resident satisfaction and support retention.
Proximity to a diverse employment base supports workforce housing demand and commute convenience, with nearby roles spanning waste services, food manufacturing, vehicle logistics, medical supplies distribution, and energy infrastructure.
- Waste Management — waste services (5.9 miles)
- General Mills — food manufacturing (5.9 miles)
- Ryder Vehicle Sales — vehicle logistics (7.3 miles)
- Mckesson Medical Surgical — medical supplies distribution (7.9 miles)
- Kinder Morgan — energy infrastructure (14.5 miles)
1433 E D St is a 2005-vintage, 91-unit asset positioned in a neighborhood with strong renter concentration and high occupancy. Based on CRE market data from WDSuite, the surrounding area ranks competitively within the metro for occupancy and shows a sizable share of renter-occupied housing units, which underpins lease-up velocity and renewal potential. Elevated ownership costs relative to incomes in the neighborhood reinforce reliance on multifamily, supporting demand depth and pricing discipline.
Within a 3-mile radius, household counts are expanding and are projected to increase further even as average household size declines, pointing to a larger tenant base over time. The asset’s newer-than-average vintage versus local stock can provide a competitive edge against older properties, with a practical path for mid-life upgrades to align unit finishes and systems with renter expectations.
- Competitive neighborhood occupancy and high renter-occupied share support stable leasing
- High-cost ownership market sustains rental demand and aids retention
- 2005 construction offers relative competitiveness with value-add upgrade potential
- 3-mile household growth and rising incomes bolster the renter pool
- Risks: below-metro safety standing and uneven amenities (e.g., limited cafes/pharmacies) may require focused operations