| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 74th | Good |
| Demographics | 26th | Fair |
| Amenities | 11th | Poor |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1525 E Eureka St, Sn Bernrdno, CA, 92404, US |
| Region / Metro | Sn Bernrdno |
| Year of Construction | 1985 |
| Units | 64 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1525 E Eureka St San Bernardino Multifamily Investment
This 64-unit property built in 1985 sits in a neighborhood where occupancy runs at 99%, well above metro and national benchmarks, according to CRE market data from WDSuite, signaling stable tenant demand and limited near-term lease-up risk.
The property is located in San Bernardino's inner-suburb corridor, a neighborhood that ranks in the top quartile nationally for occupancy (94th percentile) with 99% of rental units filled. This reflects a tight local rental market and sustained tenant retention. Median contract rent in the neighborhood sits at $1,840, placing it in the 89th percentile nationwide and ranking 269th among 997 neighborhoods in the Riverside-San Bernardino-Ontario metro. Renter-occupied units represent 29.3% of housing tenure, above the metro median and indicative of consistent multifamily demand in an ownership-oriented submarket.
Within a 3-mile radius, the area serves approximately 109,000 residents across 30,800 households. Median household income stands at $65,575, with forecast growth to $95,666 by 2028—a 46% increase that suggests improving purchasing power among the tenant base. Renter households are projected to expand from 12,400 to 18,700 over the same period, broadening the pool of prospective tenants and supporting lease renewal stability. The renter share of total housing units is forecast to edge up from 53.1% to 52.1%, maintaining a durable multifamily tenant base.
The property was built in 1985, slightly older than the neighborhood average construction year of 1977. This vintage signals potential capital expenditure requirements for mechanical systems, roofing, and unit interiors, but also presents value-add upside through selective renovations that can capture higher rents in a market where median contract rent is forecast to climb nearly 40% to $1,744 by 2028. Investors should budget for near-term capital planning while evaluating repositioning opportunities.
Median home values in the neighborhood are $450,917 (81st percentile nationally), which limits ownership accessibility and sustains reliance on rental housing. The value-to-income ratio of 4.2 reinforces that ownership remains out of reach for many households, supporting multifamily demand and tenant retention. The rent-to-income ratio of 0.19 (33rd percentile nationally) suggests moderate affordability pressure, requiring attentive lease management and pricing strategies to balance occupancy with revenue optimization. Amenity density is limited—grocery stores register at 0.80 per square mile (67th percentile nationally), but cafes, parks, pharmacies, and restaurants are sparse or absent, which may affect tenant appeal and retention relative to more amenity-rich submarkets.
Safety metrics for this neighborhood reflect moderate performance relative to the Riverside-San Bernardino metro. The property crime rate stands at approximately 198.6 incidents per 100,000 residents, ranking 315th among 997 metro neighborhoods (56th percentile nationally), placing it slightly above the metro median. Violent crime is estimated at 31.6 incidents per 100,000 residents, ranking 492nd (51st percentile nationally), indicating mid-range performance. Notably, violent crime declined 28.1% year-over-year, ranking 275th (74th percentile nationally) and signaling improving conditions that may support tenant confidence and retention.
Investors should view these metrics as competitive within the metro context, though not a standout relative to top-tier neighborhoods. The downward trend in violent crime is a positive signal for lease management and tenant appeal, but ongoing monitoring of local policing, community investment, and submarket trajectory is prudent. Safety should be considered alongside occupancy, rent growth, and tenant retention data when evaluating risk-adjusted returns.
The property benefits from proximity to several major corporate employers within commuting distance, supporting workforce housing demand and tenant stability. Nearest anchors include Kinder Morgan, General Mills, and Waste Management, all within 27 miles.
- Kinder Morgan — energy infrastructure (9.2 miles)
- General Mills — food manufacturing (18.3 miles)
- General Mills — food manufacturing (21.0 miles)
- Waste Management — environmental services (26.8 miles)
- Mckesson Medical Surgical — healthcare distribution (27.4 miles)
This 64-unit property in San Bernardino offers stable occupancy fundamentals and demographic tailwinds that support long-term multifamily demand. Neighborhood-level occupancy of 99% ranks in the top quartile nationally, reflecting tight rental conditions and limited lease-up risk. Median household income within 3 miles is forecast to grow 46% to $95,666 by 2028, while renter households are projected to expand by over 6,000 units, broadening the tenant base and supporting retention. Contract rent in the neighborhood is forecast to increase nearly 40% over the next five years, providing pricing power for well-maintained assets.
The property's 1985 vintage is slightly older than the neighborhood average, signaling near-term capital expenditure needs for mechanical systems and interiors but also value-add potential through targeted renovations. Elevated home values (median $450,917) and a value-to-income ratio of 4.2 reinforce that ownership remains out of reach for many households, sustaining rental demand. Investors should weigh strong occupancy and income growth against moderate affordability pressure (rent-to-income ratio of 0.19) and limited amenity density, which may require proactive lease management and selective capital investment to optimize returns.
- Neighborhood occupancy at 99% ranks in the 94th percentile nationally, signaling tight rental conditions and stable tenant demand
- Renter households within 3 miles forecast to grow from 12,400 to 18,700 by 2028, expanding the tenant pool and supporting lease renewals
- Median contract rent forecast to increase nearly 40% to $1,744, offering pricing power for renovated or well-maintained units
- 1985 construction year signals near-term capital planning requirements but also value-add upside through selective interior and mechanical upgrades
- Limited amenity density and moderate affordability pressure require attentive lease management and pricing strategies to balance occupancy with revenue optimization