| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 67th | Fair |
| Demographics | 48th | Good |
| Amenities | 27th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1560 S Euclid Ave, Ontario, CA, 91762, US |
| Region / Metro | Ontario |
| Year of Construction | 1987 |
| Units | 27 |
| Transaction Date | 1995-06-05 |
| Transaction Price | $1,080,000 |
| Buyer | KATIRAI BEHROOZ |
| Seller | CHERUKURI MOHAN |
1560 S Euclid Ave Ontario Multifamily Investment
This 27-unit property built in 1987 offers value-add potential in an established inner suburb market. Neighborhood-level occupancy remains stable at 94.7%, supporting tenant retention according to WDSuite's CRE market data.
Located in Ontario's inner suburb environment, this property sits within a neighborhood ranking competitively among 997 metro neighborhoods for overall investment fundamentals. The area demonstrates solid grocery access with 1.52 stores per square mile, ranking in the top quartile nationally and supporting tenant convenience and retention.
Built in 1987, the property is newer than the neighborhood average construction year of 1967, positioning it favorably for reduced near-term capital expenditure needs while maintaining competitive appeal. Neighborhood-level occupancy trends show stability at 94.7%, above the national median for multifamily markets.
Demographics within a 3-mile radius reveal a stable renter base with 150,069 residents and median household income of $82,889. Household growth projections indicate a 36.5% increase in total households by 2028, expanding the potential tenant pool. The area's 42.8% renter share provides a substantial rental market, while median home values of $574,476 may keep households in the rental market longer.
Contract rents in the neighborhood average $1,576, with 14.7% growth over the past five years. The rent-to-income ratio of 0.20 suggests affordability for area residents, potentially supporting occupancy stability and renewal rates in this San Bernardino County location.
The neighborhood ranks 874th out of 997 metro neighborhoods for overall crime, placing it in the lower quartile for safety metrics. Property crime rates estimate 244 incidents per 100,000 residents annually, while violent crime rates remain relatively modest at approximately 25 incidents per 100,000 residents.
Recent crime trend data shows significant volatility in reported statistics, which may reflect changes in reporting methodology rather than actual safety conditions. Investors should consider security measures and tenant screening protocols as part of their operational strategy for this location.
The property benefits from proximity to established corporate employers that provide workforce housing demand, with major operations spanning waste management, healthcare distribution, and consumer goods manufacturing within reasonable commuting distance.
- Waste Management — waste management services (3.5 miles)
- Ryder Vehicle Sales — commercial vehicle operations (5.1 miles)
- Mckesson Medical Surgical — healthcare distribution (5.9 miles)
- General Mills — consumer goods manufacturing (6.9 miles)
This 27-unit Ontario property presents a value-add opportunity in an established inner suburb market with stable fundamentals. The 1987 construction year positions the asset newer than neighborhood norms, potentially reducing immediate capital requirements while supporting competitive positioning. Strong household growth projections within a 3-mile radius indicate renter pool expansion of 36.5% by 2028, supporting long-term occupancy demand.
Neighborhood-level occupancy at 94.7% demonstrates market stability, while contract rent growth of 14.7% over five years reflects pricing power potential. The area's proximity to established corporate employers provides workforce housing demand, though investors should factor crime rankings and implement appropriate tenant screening and security measures into their operational strategy.
- Stable neighborhood occupancy at 94.7% supports tenant retention
- 1987 construction year newer than area average, reducing near-term capex needs
- Projected 36.5% household growth by 2028 expands potential tenant base
- Proximity to established employers supports workforce housing demand
- Risk factor: Lower quartile crime ranking requires enhanced security protocols