| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 78th | Best |
| Demographics | 23rd | Poor |
| Amenities | 44th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 347 S Maple Ave, Rialto, CA, 92376, US |
| Region / Metro | Rialto |
| Year of Construction | 1989 |
| Units | 29 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
347 S Maple Ave Rialto Multifamily Investment
Neighborhood occupancy remains above the metro median with a deep renter-occupied base, supporting stable leasing dynamics, according to WDSuite's CRE market data. Positioned in San Bernardino County with access to everyday services, the asset benefits from a high-cost ownership market that sustains rental demand.
Rialto’s neighborhood fundamentals indicate steady renter demand. The area’s occupancy rate is above the metro median (ranked 462 out of 997 neighborhoods) and in the 73rd percentile nationally, signaling resilient leasing conditions versus broader U.S. trends. Renter concentration within the neighborhood is elevated (70.5% of housing units are renter-occupied; rank 45 of 997 and 97th percentile nationally), which points to a sizable tenant base for multifamily operators.
On cost context, home values sit in higher national percentiles, and the region’s value-to-income ratio is also elevated (88th percentile nationally). In practical terms, this is a high-cost ownership market where many households rely on rental housing. At the same time, the rent-to-income ratio trends relatively low nationally (7th percentile), reducing affordability pressure and supporting retention and payment performance for stabilized assets.
Daily convenience is a relative strength: grocery access ranks among the best in the metro (rank 40 of 997; 96th percentile nationally) and childcare density is similarly strong (rank 24 of 997; 95th percentile). Restaurant density is competitive among Riverside-San Bernardino-Ontario neighborhoods (rank 360 of 997; 71st percentile nationally). However, cafes, parks, and pharmacies are sparse locally, which may modestly limit lifestyle appeal compared with amenity-rich submarkets.
Within a 3-mile radius, demographics show modest population growth in recent years and a larger household base expected by 2028, suggesting a growing pool of renters that can support occupancy stability. The 3-mile area has a near-even tenure mix (about half renter-occupied), while the immediate neighborhood skews more renter-occupied, indicating strong near-term demand capture for multifamily. The property’s 1989 vintage is newer than the neighborhood’s average construction year (1978), offering competitive positioning versus older stock, though investors should plan for modernization of systems and interiors as part of long-term capital strategy. These dynamics are based on CRE market data from WDSuite.
Safety indicators are mixed when viewed across scales. At the metro comparison level, the neighborhood’s overall crime rank sits on the less favorable side (ranked 277 out of 997), but national benchmarks are more balanced, with overall safety around the 58th percentile compared with neighborhoods nationwide. Violent offense measures trend in a stronger position nationally (mid-80s percentiles), while property offense measures also sit in high national percentiles, indicating comparatively safer standing versus many U.S. neighborhoods.
Year-over-year movement shows variability, including a recent uptick in estimated property offense rates. For investors, the takeaway is to underwrite standard security line items (lighting, access controls, and resident engagement) and monitor trend data over time rather than relying on a single-year snapshot.
Nearby employers provide a diversified employment base that supports workforce housing demand and commute convenience, including energy infrastructure, food manufacturing, waste services, medical supply distribution, and commercial vehicle sales.
- Kinder Morgan — energy infrastructure (3.3 miles)
- General Mills — food manufacturing (8.9 miles)
- Waste Management — waste services (17.4 miles)
- Mckesson Medical Surgical — medical supply distribution (17.9 miles)
- Ryder Vehicle Sales — commercial vehicle sales (19.6 miles)
The asset’s submarket demonstrates durable renter demand: neighborhood occupancy is above the metro median and national positioning is in the 70s percentiles, while the immediate area carries a high share of renter-occupied units. Elevated ownership costs relative to incomes reinforce reliance on rental housing, yet rent-to-income ratios trend low nationally, supporting retention and manageable affordability pressure for stabilized operations. According to commercial real estate analysis from WDSuite, these fundamentals compare favorably to many U.S. neighborhoods.
Built in 1989, the property is newer than the neighborhood’s average vintage, offering competitive positioning versus older stock and potential value-add through strategic modernization. Within a 3-mile radius, modest population growth and a projected increase in households by 2028 point to a larger tenant base that can support occupancy stability and leasing velocity over the hold period.
- Above-median neighborhood occupancy and deep renter base support stable cash flow potential
- High-cost ownership market bolsters multifamily demand; low rent-to-income ratios aid retention
- 1989 vintage enables competitive positioning with value-add through targeted upgrades
- 3-mile area shows population and household growth, expanding the prospective renter pool
- Risks: amenity gaps (parks/cafes/pharmacies) and mixed crime trends warrant prudent underwriting