| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 74th | Good |
| Demographics | 40th | Good |
| Amenities | 45th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 10012 Placer St, Rancho Cucamonga, CA, 91730, US |
| Region / Metro | Rancho Cucamonga |
| Year of Construction | 1977 |
| Units | 82 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
10012 Placer St Rancho Cucamonga Multifamily Investment
This 82-unit property built in 1977 benefits from strong neighborhood-level occupancy at 95.7% and a substantial renter concentration of 59.4%, indicating sustained multifamily demand in the Inland Empire market according to CRE market data from WDSuite.
The neighborhood ranks competitively among 997 Riverside-San Bernardino metro neighborhoods, earning a B+ rating with particularly strong fundamentals in housing metrics (74th national percentile). With 59.4% of housing units renter-occupied, the area demonstrates significant reliance on rental housing that supports multifamily demand depth. Neighborhood-level occupancy trends remain robust at 95.7%, positioning above the 75th national percentile for occupancy stability.
Demographics within a 3-mile radius show population growth of 3.4% over five years, with household formation increasing 7.1% and projected to expand another 35.9% through 2028. This renter pool expansion supports tenant base growth, while median household incomes of $87,096 have risen 24% over five years. The property's 1977 construction year predates the neighborhood average of 1985, presenting potential value-add opportunities through strategic capital improvements and unit renovations.
Median home values of $324,385 create a value-to-income ratio of 3.8, which limits ownership accessibility and reinforces rental demand for multifamily housing. Neighborhood rent levels average $1,729 with a rent-to-income ratio of 0.21, indicating manageable affordability conditions that support lease retention. The area benefits from strong park access (92nd national percentile) and childcare availability (97th national percentile), amenities that enhance tenant appeal and retention potential.
The neighborhood's safety profile ranks competitively among Riverside-San Bernardino metro areas, placing at the 49th national percentile for overall crime metrics. Property crime rates of 211 incidents per 100,000 residents have declined 2.4% year-over-year, indicating improving conditions. Violent crime remains relatively contained at 22.4 incidents per 100,000 residents, though this metric has increased 6.1% annually.
These crime statistics position the area above metro median performance for property crime trends while maintaining manageable violent crime levels. The overall safety environment supports stable tenant retention, though investors should monitor ongoing crime trend developments as part of ongoing asset management considerations.
The employment base features major corporate offices within commuting distance, supporting workforce housing demand and tenant stability in this Inland Empire submarket.
- General Mills — food manufacturing (6.2 miles)
- Waste Management — waste services (8.9 miles)
- Ryder Vehicle Sales — transportation services (10.2 miles)
- Mckesson Medical Surgical — healthcare distribution (10.8 miles)
- Edison International — utilities (28.5 miles) — HQ
This 82-unit property leverages strong neighborhood fundamentals including 95.7% occupancy rates and high renter concentration of 59.4%, indicating sustained multifamily demand. The 1977 construction year presents value-add potential through strategic renovations, while demographic projections show household growth of 35.9% through 2028, expanding the tenant base within a 3-mile radius.
Home values averaging $324,385 with a 3.8 value-to-income ratio reinforce rental demand by limiting ownership accessibility. According to multifamily property research from WDSuite, the neighborhood's B+ rating and top quartile performance in housing metrics support long-term occupancy stability in this established Inland Empire market.
- Strong occupancy fundamentals at 95.7% neighborhood level with high renter concentration
- Value-add opportunity through renovations of 1977-vintage property
- Projected household growth of 35.9% through 2028 expanding tenant base
- Home ownership costs reinforce rental demand with 3.8 value-to-income ratio
- Risk: Below-average school ratings may limit family tenant appeal