| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 78th | Best |
| Demographics | 30th | Fair |
| Amenities | 47th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2050 S Euclid Ave, Ontario, CA, 91762, US |
| Region / Metro | Ontario |
| Year of Construction | 1987 |
| Units | 37 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
2050 S Euclid Ave Ontario 37-Unit Multifamily
Neighborhood renter demand is supported by a high-cost ownership market and strong daily-needs access, according to WDSuite’s CRE market data, suggesting steady leasing fundamentals relative to metro peers.
The property sits in an Inner Suburb pocket of Ontario that is competitive among Riverside–San Bernardino–Ontario neighborhoods (ranked 342 of 997, B+ rating). Daily-needs access is a clear strength: grocery availability ranks near the top of the metro and in the 98th percentile nationally, while restaurant density is also high (94th percentile). By contrast, parks, pharmacies, and cafes are limited within the immediate neighborhood footprint, which may temper some lifestyle appeal.
Multifamily operations track close to broad market norms. The neighborhood’s occupancy rate is near the national median, indicating balanced supply–demand conditions rather than outsized volatility. Median asking rents benchmark high for the metro (upper national percentiles), which can support revenue, but it also warrants active lease management to sustain retention where rent-to-income ratios run higher than many U.S. neighborhoods.
Tenure patterns point to a meaningful renter base. At the neighborhood level, renter-occupied units account for roughly one-third of housing, while within a 3-mile radius renters comprise about 43% of occupied housing units. For investors, this breadth of renter-occupied stock signals a workable tenant pool and supports occupancy stability across cycles.
Within a 3-mile radius, demographics indicate a stable to expanding tenant base: population has edged up in recent years with households growing faster than population, and forecasts call for additional household growth alongside gradually smaller household sizes. This combination typically expands the renter pool and can aid lease-up and renewal velocity, even if overall population growth remains modest. Average school ratings sit near national midrange, aligning with workforce housing appeal rather than premium school-driven demand.
Ownership costs are elevated for the area (home values and value-to-income metrics rank high nationally), which tends to reinforce reliance on rental housing. For multifamily owners, that translates to durable demand and pricing power when units are well-maintained and appropriately positioned against nearby alternatives.
Safety indicators are mixed and should be contextualized at the neighborhood—not block—level. Compared with 997 metro neighborhoods, this area ranks in the lower half for safety, and its national crime positioning is below average (around the 26th percentile). That said, violent offense metrics compare more favorably than property offenses on a national basis, suggesting risk skews more toward non-violent incidents. Investors typically underwrite conservative security, lighting, and site-management measures in locations with similar profiles.
Trend readings have shown recent year-over-year increases in reported rates; while single-year swings can reflect reporting effects, ongoing monitoring is prudent. Framing for residents should emphasize visible property-level measures and coordination with local resources to support leasing and retention without overpromising outcomes.
Nearby employment centers include logistics, waste services, medical distribution, and food manufacturing, supporting a broad workforce tenant base and commute convenience for residents.
- Waste Management — waste services (3.0 miles)
- Ryder Vehicle Sales — logistics & vehicle sales (4.9 miles)
- Mckesson Medical Surgical — medical supply distribution (5.3 miles)
- General Mills — food manufacturing (6.9 miles)
This 37-unit, 1987-vintage asset offers durable renter demand underpinned by high regional ownership costs and strong daily-needs access. The building’s vintage is slightly older than the neighborhood average year of construction, which creates potential value-add upside via targeted interior updates and system modernization to sharpen competitiveness against newer stock.
Leasing fundamentals are supported by a sizable renter-occupied base and steady household growth within a 3-mile radius, pointing to a larger tenant pool and stable occupancy over the cycle. According to CRE market data from WDSuite, neighborhood occupancy and rent positioning align with balanced conditions, where disciplined lease management can sustain retention and capture incremental revenue without materially elevating turnover risk.
- Elevated ownership costs in the area reinforce reliance on rental housing, supporting demand and pricing power for well-positioned units.
- Daily-needs proximity (notably strong grocery and dining access) enhances livability and leasing appeal.
- 1987 vintage provides value-add potential through interior refresh and selective building system upgrades.
- Household growth within 3 miles expands the tenant base, supporting occupancy stability and renewal velocity.
- Risks: safety perceptions and higher rent-to-income ratios in the neighborhood require proactive lease management and property-level security measures.