| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 76th | Good |
| Demographics | 40th | Good |
| Amenities | 42nd | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1433 W Stoneridge Ct, Ontario, CA, 91762, US |
| Region / Metro | Ontario |
| Year of Construction | 1972 |
| Units | 22 |
| Transaction Date | 2011-05-17 |
| Transaction Price | $1,954,000 |
| Buyer | D & C INVESTMENT PROPERTIES L P |
| Seller | ALDERSON RONALD K |
1433 W Stoneridge Ct, Ontario Multifamily Opportunity
Neighborhood occupancy remains tight and stable, with investor demand supported by a high-cost ownership market in Ontario, according to WDSuite’s CRE market data.
This Urban Core location in Ontario rates B+ and is competitive among Riverside–San Bernardino–Ontario neighborhoods (308 out of 997), offering investors a balanced blend of stability and renter demand. Neighborhood occupancy is high, which can support steady leasing and lower turnover risk at the submarket level; note that this reflects neighborhood conditions, not property performance.
Local livability features skew toward outdoor and daily-needs access: parks are abundant (top quartile nationally), restaurants are comparatively dense (around the mid-80s percentile), and grocery access is solid (low-70s percentile). Cafe and pharmacy density is thinner, which may limit some convenience-driven appeal but does not materially detract from day-to-day functionality for most renters.
Schools in the area average roughly 4.0 out of 5, placing performance in the top quartile nationally. Contract rents benchmark in the upper quintile nationwide, suggesting pricing power relative to many peer neighborhoods; at the same time, rent-to-income levels track near the lower national quartiles, which can aid retention and reduce lease management friction.
Tenure and demographics point to a durable renter base. Within the neighborhood, the share of housing units that are renter-occupied is meaningful, indicating depth for multifamily leasing. Within a 3-mile radius, households have been edging higher with modest population softness, and forward-looking projections indicate more households and a larger income base by 2028—expanding the tenant pool and supporting occupancy stability, based on CRE market data from WDSuite.
Safety metrics are mixed when viewed comparatively. Overall crime patterns sit below the national median (around the 29th percentile nationally), while violent offense indicators are comparatively better (roughly the low-60s percentile) and property offenses track near the national middle. Recent one-year changes show volatility, so investors should underwrite to current trend lines rather than long-run averages and consider standard security and lighting enhancements during hold periods.
The employment base nearby includes industrial services, logistics, and consumer goods—with commute-friendly access that supports workforce housing demand and renter retention. The list below reflects notable employers in proximity to the property.
- Waste Management — environmental services (4.3 miles)
- Ryder Vehicle Sales — transportation & logistics (4.4 miles)
- Mckesson Medical Surgical — healthcare distribution (7.1 miles)
- General Mills — consumer packaged goods (8.8 miles)
- United Technologies — diversified industrial offices (14.8 miles)
This 22-unit multifamily asset benefits from tight neighborhood occupancy and a high-cost ownership landscape that helps sustain rental demand. Home values and value-to-income ratios rank high nationally, reinforcing renter reliance on multifamily housing and supporting pricing power relative to many Inland Empire peers. According to WDSuite’s commercial real estate analysis, contract rents benchmark in the upper national ranges while rent-to-income measures remain manageable, supporting lease retention.
Within a 3-mile radius, projections point to a larger household base and rising incomes by 2028—tailwinds for renter pool expansion and ongoing occupancy stability. Amenity access favors parks, restaurants, and groceries, aligning with renter priorities for daily convenience; investors should note thinner cafe and pharmacy density and underwrite typical operational enhancements for resident experience.
- Tight neighborhood occupancy supports leasing stability at the submarket level
- High-cost ownership market reinforces depth of renter demand and pricing power
- Upper-range contract rents with manageable rent-to-income ratios aid retention
- 3-mile forecasts indicate more households and higher incomes, expanding the tenant base
- Risks: mixed safety trends and thinner cafe/pharmacy density; plan for prudent security and service offerings