| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 72nd | Good |
| Demographics | 34th | Fair |
| Amenities | 29th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 151 Judson St, Redlands, CA, 92374, US |
| Region / Metro | Redlands |
| Year of Construction | 1977 |
| Units | 61 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
151 Judson St, Redlands CA multifamily investment
Neighborhood occupancy is approximately 97% with rents positioned in the upper national range, according to WDSuite’s CRE market data—supporting a straightforward stability thesis in the Inland Empire submarket.
Located in Redlands’ inner-suburban fabric of the Riverside–San Bernardino–Ontario metro, the neighborhood rates B- and sits above the metro median for overall livability (rank 537 of 997). Neighborhood occupancy ranks 326 of 997—competitive among metro peers and in the top quartile nationally—suggesting steady leasing conditions for multifamily assets.
Amenity access is mixed: grocery availability ranks 222 of 997 and scores well nationally, while cafes, parks, and restaurants are thinner locally. Average school ratings are below national medians, which may temper family-driven demand but does not preclude workforce-oriented renter interest. Median home values are elevated relative to national benchmarks, which can reinforce renter reliance on multifamily housing and support retention.
Within a 3-mile radius, demographics indicate modest population growth in recent years and a projected near-term increase in households, expanding the local renter pool. Renter-occupied share within 3 miles is roughly two-fifths, pointing to a meaningful—though not dominant—tenant base and potential for durable demand as the area adds households.
Vintage context matters: neighborhood housing skews older on average (mid-1950s), while the subject property’s 1977 construction is comparatively newer for the area. That relative position can reduce near-term competitiveness gaps versus the oldest stock, while still leaving room for targeted value-add or systems modernization to sustain occupancy and pricing power over time.
Comparable safety data for this specific neighborhood are not published in the provided WDSuite extract. Investors typically benchmark neighborhood trends against city and metro contexts to gauge relative safety and its influence on leasing velocity and retention. Where available, use time-series comparisons rather than block-level claims to avoid overprecision.
Regional employment nodes within driving distance include energy infrastructure, food manufacturing, medical supply distribution, and waste services—providing a diversified base that supports renter demand and commute convenience for workforce households.
- Kinder Morgan — energy infrastructure (12.2 miles)
- General Mills — food manufacturing (15.1 miles)
- Mckesson Medical Surgical — medical supply distribution (30.3 miles)
- Waste Management — waste services (30.6 miles)
The investment thesis centers on occupancy stability, a diversified regional employment base, and relative positioning versus an older neighborhood housing stock. According to CRE market data from WDSuite, the neighborhood posts high occupancy and rents that benchmark above national medians, which together support durable cash flow potential if operations and renewals are managed effectively.
Built in 1977, the 61-unit asset is newer than much of the surrounding mid-1950s housing, offering competitive footing while leaving room for targeted value-add to unit finishes and building systems. Within a 3-mile radius, recent population growth and a projected increase in households point to a larger tenant base over the medium term—favorable for maintaining occupancy and lease-up cadence. Elevated for-sale home values in the area further sustain renter demand and can support pricing discipline, balanced against the need to manage affordability pressure and resident retention.
- High neighborhood occupancy supports leasing stability and renewal capture
- 1977 vintage is competitive versus older area stock, with value-add and systems upgrades as levers
- 3-mile household growth expands the renter pool, aiding absorption and retention
- Elevated ownership costs locally reinforce multifamily demand and pricing power
- Risks: thinner local amenities and below-median school ratings may temper some household demand; affordability pressure requires careful lease management