| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 81st | Best |
| Demographics | 65th | Best |
| Amenities | 78th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 26230 Redlands Blvd, Redlands, CA, 92373, US |
| Region / Metro | Redlands |
| Year of Construction | 1985 |
| Units | 112 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
26230 Redlands Blvd Redlands Multifamily Investment Thesis
High renter concentration in the surrounding neighborhood supports a deep tenant base, according to WDSuite’s CRE market data, even as local occupancy trends run closer to metro averages than national leaders.
This Inner Suburb pocket of Redlands ranks in the top quartile among 997 metro neighborhoods (A+ rating), with dining and daily-needs access scoring well above national medians. Restaurant density sits in the 91st percentile nationally, and cafés, groceries, parks, and pharmacies each post solid showings in the low-to-mid 70s–80s percentiles, indicating convenient lifestyle amenities that can aid leasing and retention.
Neighborhood-level multifamily indicators point to durable demand drivers. The share of renter-occupied housing units is elevated (96th percentile nationally), signaling a wide renter pool and depth of demand for apartments. By contrast, neighborhood occupancy is below the national median, which suggests operators should emphasize leasing execution and renewal management; however, the area’s strong renter concentration helps support traffic and backfill potential during turns.
Ownership remains a high-cost option here: neighborhood home values track in the upper decile nationally and the value-to-income ratio is also in the 96th percentile. For investors, a high-cost ownership market typically reinforces reliance on rental housing, supporting pricing power and lease retention, especially for well-managed communities.
Within a 3-mile radius, population and household counts have been growing and are projected to continue rising, with incomes trending higher. These dynamics expand the tenant base and support rent growth over time, based on CRE market data from WDSuite. Median contract rents at the neighborhood level are already high relative to the nation, underscoring this submarket’s positioning within the Riverside–San Bernardino–Ontario metro.
Neighborhood safety outcomes are roughly midrange for the metro, with the crime rank near the middle among 997 neighborhoods. Compared with neighborhoods nationwide, overall safety aligns near the national midpoint.
Trend-wise, both property and violent offense rates have improved year over year, with double-digit declines reported in the latest period, according to WDSuite’s CRE market data. For investors, that trajectory supports a constructive operating backdrop while still warranting routine security and lighting best practices common to similar inner-suburban assets.
Proximity to established employers helps underwrite renter demand and retention for workforce and professional households in this submarket. Notable nearby firms include Kinder Morgan, General Mills, McKesson Medical Surgical, Waste Management, and First American Financial.
- Kinder Morgan — energy infrastructure (7.9 miles)
- General Mills — food manufacturing (15.0 miles)
- Mckesson Medical Surgical — medical distribution (26.3 miles)
- Waste Management — waste services (26.5 miles)
- First American Financial — title and insurance (43.9 miles) — HQ
Built in 1985, the property is modestly older than the neighborhood average vintage, creating a straightforward playbook for value-add upgrades and selective capital planning to sharpen competitiveness against newer stock. At the neighborhood level, renter concentration is among the highest nationally while home values and the value-to-income ratio sit in upper percentiles, indicating a high-cost ownership market that tends to sustain rental demand. According to CRE market data from WDSuite, local occupancy trends are closer to metro norms than national leaders, so disciplined leasing and renewal management should remain a focus.
Within a 3-mile radius, population and households are expanding with incomes on the rise, enlarging the tenant base and supporting long-term rent fundamentals. Amenity access is strong for daily needs and dining, and proximity to diversified employers adds commute convenience that can aid retention.
- 1985 vintage supports value-add and selective CapEx to enhance competitive positioning
- Elevated renter-occupied share and high-cost ownership market reinforce multifamily demand depth
- Amenity-rich inner-suburban location with strong dining and daily-needs access aids leasing
- Expanding 3-mile population and household base with rising incomes supports long-run rent growth
- Risk: occupancy trails national leaders and rent-to-income pressure warrants careful renewal strategy