| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 78th | Best |
| Demographics | 30th | Fair |
| Amenities | 47th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2100 S Cypress Ave, Ontario, CA, 91762, US |
| Region / Metro | Ontario |
| Year of Construction | 1989 |
| Units | 102 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
2100 S Cypress Ave Ontario Multifamily Investment
This 102-unit property built in 1989 benefits from strong neighborhood rental demand, with 32.3% of local housing units occupied by renters and median rents reaching $1,833 according to CRE market data from WDSuite.
Located in Ontario's inner suburb environment, this neighborhood ranks in the top quartile nationally for housing fundamentals with a B+ overall rating among 997 metro neighborhoods. The area demonstrates solid rental market dynamics with 32.3% of housing units occupied by renters, supporting consistent tenant demand for multifamily properties.
The 1989 construction year positions this property within the neighborhood's average vintage of 1994, indicating alignment with local building stock while presenting potential value-add opportunities through strategic capital improvements. Median contract rents of $1,833 reflect strong pricing power, ranking in the 89th percentile nationally, though rent-to-income ratios suggest affordability pressures that warrant careful lease management consideration.
Demographics within a 3-mile radius show a stable population base of approximately 145,000 residents with projected household growth of 38% through 2028, expanding the potential renter pool. The area's grocery store density ranks in the 98th percentile nationally with nearly 7 stores per square mile, enhancing tenant appeal and retention prospects.
Home values averaging $578,000 with 58% growth over five years create elevated ownership costs that reinforce rental demand, though investors should monitor potential competition from ownership options as the market evolves. The neighborhood's 90.7% occupancy rate reflects stable absorption, though this metric has declined slightly over the past five years.
Safety metrics show the neighborhood ranking in the 26th percentile nationally for overall crime, placing it in the lower half among 997 metro neighborhoods. Property offense rates of 358 incidents per 100,000 residents rank near the metro median, though recent year-over-year increases in both property and violent crime rates warrant monitoring for potential impact on tenant retention and leasing velocity.
Investors should factor current crime trends into property management strategies, including security enhancements and tenant screening protocols. The neighborhood's position relative to regional averages suggests standard due diligence on security measures and community engagement initiatives may help maintain competitive positioning.
The surrounding employment base includes established corporate operations that support workforce housing demand, with major employers within reasonable commuting distance providing tenant stability.
- Waste Management — waste services (2.6 miles)
- Ryder Vehicle Sales — vehicle sales (4.2 miles)
- McKesson Medical Surgical — healthcare services (5.1 miles)
- General Mills — food manufacturing (7.6 miles)
This 102-unit property offers exposure to Ontario's stable rental market fundamentals, with neighborhood-level occupancy of 90.7% and strong rent levels ranking in the 89th percentile nationally. The 1989 vintage provides value-add potential through strategic renovations while maintaining alignment with area building stock. Projected household growth of 38% within a 3-mile radius through 2028 supports expanding renter demand, while elevated home values reinforce rental market reliance.
Commercial real estate analysis from WDSuite indicates the neighborhood's B+ rating reflects solid fundamentals across housing, demographics, and amenities. However, recent crime trend increases and affordability pressures from high rent-to-income ratios require active management consideration.
- Strong rental pricing power with median rents in 89th percentile nationally
- Projected 38% household growth supporting renter pool expansion through 2028
- Value-add renovation potential given 1989 construction year
- Elevated ownership costs reinforcing multifamily demand
- Risk factors include rising crime trends and affordability pressure requiring active management