| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 60th | Fair |
| Demographics | 40th | Good |
| Amenities | 41st | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 922 N Vine Ave, Ontario, CA, 91762, US |
| Region / Metro | Ontario |
| Year of Construction | 1979 |
| Units | 32 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
922 N Vine Ave Ontario Multifamily Investment
Neighborhood-level occupancy has held near the national median, pointing to steady renter demand for well-positioned assets, according to WDSuite’s CRE market data. Investors should view this Inner Suburb location as a demand-capture play supported by a high-cost ownership market and daily-needs proximity across the Inland Empire.
The property sits in Ontario’s Inner Suburb fabric with a B- neighborhood rating among 997 metro neighborhoods in Riverside–San Bernardino–Ontario. Parks access tests strong (top quartile nationally), while broader amenity depth is mixed, with restaurants closer to the national median but fewer neighborhood grocers, pharmacies, and cafes. For investors, this translates to solid outdoor/recreation appeal and car-oriented daily routines typical of Inland Empire submarkets.
Occupancy for the neighborhood is above the national median, which supports baseline leasing stability. Neighborhood rents benchmark modestly above the national median, suggesting room for disciplined pricing while remaining competitive versus nearby Class B stock. Average school ratings track below the national median, an element to weigh when targeting family-heavy tenant profiles and marketing strategy.
Home values rank in the top decile nationally and the value-to-income ratio is also elevated (top decile), indicating a high-cost ownership market. For multifamily, that context tends to reinforce renter reliance and can aid retention and pricing power, especially for functional, well-managed units.
Vintage context matters: the neighborhood’s housing stock skews older, and a 1979 build stands newer than the area average. That positioning can be competitively favorable versus prewar assets, while still leaving room for targeted modernization to enhance unit appeal and support rent trade-outs.
Within a 3-mile radius, demographics show a large working-age base and a renter-occupied share around half of housing units, indicating depth in the tenant pool. Over the next five years, WDSuite’s CRE market data indicates households are projected to increase even as average household size trends lower, a pattern that can expand the renter pool and support occupancy stability for well-located workforce housing.
Safety metrics for the neighborhood are mixed compared with U.S. neighborhoods overall. Nationally, the area sits below the median for overall safety, while violent-offense estimates place the neighborhood in the safer half of U.S. neighborhoods. Year-over-year swings in estimated property and violent offenses can be volatile at the neighborhood scale, so investors typically focus on multi-year trends and property-level controls (lighting, access, and management practices) when underwriting.
Context: All safety references are neighborhood-level comparisons among 997 metro neighborhoods and national percentiles compare neighborhoods nationwide. Use these indicators as comparative inputs—not block-level guarantees—when calibrating risk, insurance assumptions, and security CapEx.
Nearby employment is anchored by distribution, services, and manufacturing-linked corporate operations, supporting a commuting renter base and weekday stability for workforce-oriented units. The employers below reflect the most accessible nodes likely to influence leasing and retention in this submarket.
- Waste Management — waste & environmental services (5.3 miles)
- Ryder Vehicle Sales — logistics & fleet services (5.9 miles)
- General Mills — food manufacturing offices (7.9 miles)
- Mckesson Medical Surgical — medical supplies distribution (7.9 miles)
- United Technologies — diversified industrial offices (16.3 miles)
This 32-unit, 1979-vintage asset offers competitive positioning versus the neighborhood’s older housing stock while benefiting from a high-cost ownership backdrop. Neighborhood occupancy sits above the national median and local rents price modestly above national levels, providing a foundation for stable leasing and measured rent growth, based on CRE market data from WDSuite. Within a 3-mile radius, the renter-occupied share is roughly half of housing units and household counts are projected to rise even as household sizes decline—signals that can expand the tenant base and support steady absorption for functional, well-managed units.
The Inner Suburb location provides access to major Inland Empire employment nodes and parks access ranks in the national top quartile, aiding livability. Counterpoints include below-median school ratings, a thinner daily-needs retail mix in the immediate neighborhood, and variability in estimated safety indicators. Underwriting should reflect prudent operating practices, selective modernization, and tenant-profile targeting to capture demand while managing retention risk.
- 1979 construction competes well against older neighborhood stock with targeted modernization upside
- Neighborhood occupancy above the national median supports baseline leasing stability
- High-cost ownership market reinforces renter reliance and potential pricing power
- 3-mile outlook shows more households and a deeper renter pool, aiding absorption
- Risks: below-median school ratings, limited immediate daily-needs retail, and variable safety metrics