| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 83rd | Best |
| Demographics | 66th | Best |
| Amenities | 31st | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 9600 Lomita Ct, Rancho Cucamonga, CA, 91701, US |
| Region / Metro | Rancho Cucamonga |
| Year of Construction | 1987 |
| Units | 72 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
9600 Lomita Ct Rancho Cucamonga Multifamily with Stable Demand
Neighborhood occupancy remains high and renter demand is durable, according to WDSuite s CRE market data, supporting consistent operations for a 1987-vintage, 72-unit asset in Rancho Cucamonga.
The property sits in an A-rated Urban Core neighborhood within the Riverside San Bernardino Ontario metro, competitive among 997 metro neighborhoods. Neighborhood occupancy is in the 84th percentile nationally, indicating historically steady lease-up and retention at the neighborhood level rather than this specific property.
Renter-occupied housing accounts for roughly two-thirds of units in the neighborhood (66.2%), pointing to a deep tenant base for multifamily demand. Within a 3-mile radius, households have grown in recent years and are projected to continue increasing, which supports a larger renter pool and helps underpin occupancy stability.
Daily needs are supported by strong grocery access and dining options, with neighborhood grocery and restaurant density ranking in the low 90s nationally. Average school ratings trend around mid-pack nationally, which can appeal to a broad renter profile without commanding top-of-market premiums.
Home values in the neighborhood are elevated relative to income (nationally high value-to-income percentile), which typically sustains reliance on multifamily rentals and can aid lease retention. Neighborhood operating performance also benchmarks well, with per-unit NOI levels ranking in the mid-80s nationally, based on CRE market data from WDSuite.
Vintage is slightly newer than the neighborhood average (1987 versus early-1980s typical stock), giving the asset competitive positioning against older buildings while still offering potential modernization or value-add plays for systems and interiors as part of capital planning.
Safety trends are comparatively favorable. The neighborhood scores around the 70th percentile for safety versus neighborhoods nationwide, placing it in the top quartile nationally. Within the Riverside San Bernardino Ontario metro (997 neighborhoods), it is competitive among peers on crime measures.
Recent trends show year-over-year decreases in both property and violent offense estimates at the neighborhood level, which supports renter retention and leasing stability without making block-level claims.
Nearby corporate employers help support a broad workforce renter base and commute convenience for residents, including General Mills, Waste Management, Ryder Vehicle Sales, McKesson Medical Surgical, and Kinder Morgan.
- General Mills corporate offices (7.8 miles)
- Waste Management corporate offices (9.86 miles)
- Ryder Vehicle Sales corporate offices (10.74 miles)
- Mckesson Medical Surgical corporate offices (12.05 miles)
- Kinder Morgan corporate offices (13.76 miles)
This 72-unit, 1987-vintage asset benefits from strong neighborhood fundamentals: high occupancy at the neighborhood level, a sizable renter-occupied housing share, and elevated ownership costs that tend to sustain multifamily demand. According to CRE market data from WDSuite, the neighborhood ranks well nationally on occupancy and per-unit operating performance, supporting an income-focused thesis with potential for operational consistency.
Within a 3-mile radius, households have increased and are projected to expand further, signaling renter pool expansion and support for lease-up and retention. The 1987 vintage is slightly newer than the local average, offering competitive positioning versus older stock, while still leaving room for targeted renovations or system upgrades to enhance rentability and returns.
- High neighborhood occupancy and stable renter base support consistent cash flow
- Elevated ownership costs reinforce rental demand and lease retention potential
- 1987 vintage enables value-add through modernization while remaining competitive locally
- 3-mile household growth points to continued renter pool expansion
- Risk: amenity mix is not top-tier across all categories; focused asset upgrades and leasing strategy remain important