| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 81st | Best |
| Demographics | 65th | Best |
| Amenities | 78th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 26400 Redlands Blvd, Redlands, CA, 92373, US |
| Region / Metro | Redlands |
| Year of Construction | 1986 |
| Units | 104 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
26400 Redlands Blvd Redlands Multifamily Investment
Neighborhood indicators point to durable renter demand and value-add potential, according to WDSuite’s CRE market data, with a high renter-occupied share and strong amenity access supporting leasing fundamentals.
Located in Redlands within the Riverside–San Bernardino–Ontario metro, the surrounding neighborhood rates A+ and is competitive among 997 metro neighborhoods. Amenity access is a clear strength, with restaurants and cafes placing the area in higher national percentiles, which supports day-to-day convenience and tenant retention for multifamily assets.
Renter-occupied housing accounts for a large share of neighborhood units (occupancy_rental_share), placing the area in a top national percentile for renter concentration. For investors, that indicates a deep tenant base and resilience for multifamily demand. By contrast, neighborhood occupancy is below national median levels, so underwriting should assume steady leasing efforts rather than frictionless lease-ups; this is a neighborhood-level metric and not specific to the property.
The property’s 1986 vintage is slightly older than the neighborhood’s average construction year (1991). That typically points to value-add or capital planning opportunities around interiors, common areas, and building systems to stay competitive with newer stock while targeting rent premiums through modernization.
Within a 3-mile radius, population and households have been expanding and are projected to continue growing through the mid‑term, supporting a larger tenant base and occupancy stability. Rising household incomes alongside increasing forecast contract rents suggest room for disciplined pricing, though lease management should account for affordability pressure as rent-to-income ratios in the neighborhood are elevated versus national norms. Elevated home values in the area reinforce renter reliance on multifamily housing, which can support lease retention and reduce turnover risk.
Safety levels around the neighborhood align roughly with metro averages and are near the middle of national comparisons. Recent year-over-year declines in both property and violent offense estimates indicate improving momentum, which is constructive for tenant retention and long-term positioning.
Interpreting the data: the neighborhood’s crime rank sits near the metro midpoint among 997 neighborhoods, while national percentiles place it around the middle of U.S. neighborhoods. The recent downward trend in estimated offense rates provides a positive directional signal, though investors should continue standard due diligence and compare submarket blocks before underwriting.
Employment access is supported by nearby corporate offices, which help anchor regional demand and shorten commutes for renters. Key employers in proximity include Kinder Morgan, General Mills, McKesson Medical Surgical, Waste Management, and Ryder Vehicle Sales.
- Kinder Morgan — energy infrastructure (8.1 miles)
- General Mills — consumer packaged goods (15.0 miles)
- Mckesson Medical Surgical — healthcare distribution (26.5 miles)
- Waste Management — environmental services (26.6 miles)
- Ryder Vehicle Sales — logistics & fleet services (29.2 miles)
This 104‑unit property, built in 1986, sits in a high-scoring Redlands neighborhood with strong amenity access and a large share of renter-occupied housing units. The vintage creates a straightforward value‑add path through targeted renovations to enhance competitiveness versus 1990s and 2000s product, while neighborhood fundamentals suggest sustained renter demand even as leasing may require consistent, proactive management.
Based on CRE market data from WDSuite, the surrounding area shows continued population and household growth within a 3‑mile radius and elevated ownership costs that help sustain multifamily demand. Affordability pressure in the neighborhood argues for careful pricing and renewal strategy, but the combination of a deep renter pool, solid amenity coverage, and improving safety trends supports a durable long‑term thesis.
- High renter concentration supports depth of tenant demand
- 1986 vintage offers value‑add and systems modernization upside
- Amenity-rich neighborhood aids retention and leasing stability
- 3‑mile growth in population and households expands the renter pool
- Risk: neighborhood occupancy runs below national median—assume active leasing and careful affordability management