| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 83rd | Best |
| Demographics | 85th | Best |
| Amenities | 62nd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 7922 Day Creek Blvd, Rancho Cucamonga, CA, 91739, US |
| Region / Metro | Rancho Cucamonga |
| Year of Construction | 2005 |
| Units | 40 |
| Transaction Date | 2017-06-05 |
| Transaction Price | $93,850,000 |
| Buyer | MG VICTORIA ARBORS APARTMENTS SLM LLC |
| Seller | SRGMF II DAY CREEK RANCHO LLC |
7922 Day Creek Blvd, Rancho Cucamonga Multifamily Investment
Amenity-rich Inner Suburb location with balanced occupancy and strong renter demand signals, according to WDSuite’s CRE market data. Positioned to capture stable leasing from a deep workforce and professional tenant base without relying on outsized rent growth.
The property sits in an A+ rated neighborhood that ranks among the top tier of the Riverside–San Bernardino–Ontario metro’s 997 neighborhoods, supported by strong fundamentals and diversified household incomes. Dining and cafe density is a standout (top national percentiles), complemented by above-average grocery access and abundant parks — features that help sustain resident appeal and day-to-day convenience for renters.
Neighborhood renter concentration is approximately 63% of housing units being renter-occupied, indicating a sizeable tenant base and healthy depth for multifamily demand. Neighborhood occupancy is around the low-90% range, roughly near the national midpoint, which supports income stability but still requires attentive leasing and renewal management.
Within a 3-mile radius, population has edged up in recent years and is projected to continue growing, with households expected to expand faster than population — a pattern consistent with smaller household sizes. For investors, that implies a larger tenant pool and continued demand for rental units, particularly in professionally managed product where convenience and amenities weigh heavily on retention.
Home values are elevated versus many national markets, and neighborhood rents benchmark high within national percentiles. In practice, this high-cost ownership environment supports reliance on rental housing and can aid pricing power for well-managed multifamily assets, while the neighborhood’s rent-to-income ratio around one-quarter points to manageable affordability pressure relative to incomes — factors that can benefit lease retention.
Safety indicators are generally around or modestly better than national medians overall, with violent offense metrics near the national midpoint and property offense levels higher than national averages. According to CRE market data from WDSuite, both violent and property offense rates have improved year over year, with a notably stronger decline in violent offenses — an encouraging directional trend for long-term stability.
Compared with neighborhoods nationwide, this area trends closer to the middle of the pack rather than the extremes. Investors should underwrite to typical suburban risk management practices (lighting, access control, and resident screening) while recognizing the improving trajectory.
Nearby corporate offices provide a steady employment base that supports renter demand and commute convenience, notably in food manufacturing, energy infrastructure, waste services, medical distribution, and transportation.
- General Mills — consumer foods (5.9 miles)
- Kinder Morgan — energy infrastructure (10.3 miles)
- Waste Management — waste services (11.2 miles)
- Mckesson Medical Surgical — medical distribution (12.8 miles)
- Ryder Vehicle Sales — transportation & fleet (12.8 miles)
This 40-unit asset benefits from a top-tier Inner Suburb location where amenity access, incomes, and renter concentration support durable demand. Neighborhood occupancy sits near the national midpoint, but high dining/cafe density, strong park access, and elevated home values point to sustained appeal among renters who prioritize convenience. According to CRE market data from WDSuite, neighborhood rents and incomes track in high national percentiles, and rent-to-income around one-quarter suggests manageable affordability pressure that can aid renewal outcomes.
Forward-looking 3-mile demographics indicate population growth and a faster increase in households, implying more renters entering the market and a broader tenant base over time. Underwriting should account for typical suburban risk controls and competitive positioning, but the combination of strong neighborhood ranking and solid demand drivers frames a balanced, long-term multifamily thesis.
- Top-tier neighborhood with strong amenity access and incomes supporting renter demand
- Renter-occupied share around the low-60s indicates depth of tenant base
- Household growth within 3 miles expands the renter pool and supports occupancy stability
- Elevated ownership costs reinforce reliance on multifamily housing and potential pricing power
- Risk: property offense levels are higher than national averages; maintain robust property management and security