| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 59th | Poor |
| Demographics | 43rd | Good |
| Amenities | 52nd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 6061 Bagley Ave, Twentynine Palms, CA, 92277, US |
| Region / Metro | Twentynine Palms |
| Year of Construction | 2007 |
| Units | 36 |
| Transaction Date | 2004-08-11 |
| Transaction Price | $160,000 |
| Buyer | BIANE GUARD LLC |
| Seller | PI PROPERTIES NO 40 LLC |
6061 Bagley Ave Twentynine Palms 36-Unit Multifamily
2007-vintage, larger floorplans and a high neighborhood renter concentration point to durable tenant demand, according to WDSuite’s CRE market data. Neighborhood occupancy is steady, with location fundamentals supported by everyday amenities rather than high-end destination drivers.
The property sits in a B+ neighborhood that is competitive among Riverside–San Bernardino–Ontario neighborhoods (ranked 353 of 997), giving investors a balanced mix of demand drivers and manageable risks. Neighborhood occupancy is reported at 91% and should be viewed alongside a very high renter-occupied share, indicating a deep pool of multifamily households rather than owner demand dominating the area.
Livability leans practical: restaurants and cafes score above national averages, and park access is in the top quartile nationally, while groceries are reasonably accessible. School ratings trend lower versus national benchmarks, which may modestly narrow the family-renter segment and place more emphasis on adult, roommate, and workforce households for leasing.
The building’s 2007 construction is newer than the neighborhood’s average 1972 vintage, providing a relative competitive edge versus older stock; investors should still plan for preventive maintenance and targeted updates as systems age. Average unit sizes around 1,260 square feet suggest flexibility for roommate layouts and longer tenancy for renters seeking more space.
Demographic statistics are aggregated within a 3-mile radius: households have grown while population has been roughly flat, implying smaller household sizes and a broader renter pool. Forward-looking projections call for growth in both population and households, which supports leasing stability and absorption for well-positioned assets. Median home values remain modest for California, but value-to-income metrics run elevated relative to many U.S. neighborhoods, which can sustain reliance on rentals; however, in pockets where ownership is more accessible, investors should monitor potential competition with entry-level for-sale alternatives.
Neighborhood safety trends are mixed relative to national and metro benchmarks. Based on WDSuite data, the area sits below the national median for safety today, yet recent violent offense trends have improved year over year. This positions the neighborhood as competitive among some Inland Empire locations, though investors should underwrite standard security measures and daytime/nighttime activation in common areas.
Interpreting ranks: crime rankings reflect standing against 997 metro neighborhoods, and national percentiles compare neighborhoods nationwide. Recent improvement in violent offense rates provides a constructive trend signal, but property crime remains a monitoring item for on-site management practices.
The local employment base skews toward regional services and logistics, supporting workforce housing demand; nearby operations include environmental services.
- Waste Management — environmental services (32.5 miles)
6061 Bagley Ave offers 36 units with larger floorplans in a renter-heavy neighborhood, supporting tenant depth and leasing durability. The 2007 vintage is competitive versus older nearby stock and should reduce near-term modernization needs compared with 1970s assets, though selective upgrades and system maintenance planning remain prudent. According to commercial real estate analysis from WDSuite, neighborhood occupancy is steady and local amenities are functional, with parks and everyday retail supporting daily-life convenience.
Within a 3-mile radius, household counts have expanded alongside smaller household sizes, and forward projections indicate growth in both population and households—favorable for sustained multifamily demand and occupancy stability. Home values and value-to-income dynamics suggest many residents continue to rely on rentals, though investors should monitor areas where entry-level ownership competes on monthly cost. Affordability pressure around a 30% rent-to-income ratio argues for attentive lease management and renewal strategies over aggressive rent pushes.
- 2007 construction offers a competitive edge versus older neighborhood stock, with targeted upgrade upside
- High neighborhood renter concentration supports a deep tenant base and stable absorption
- 3-mile growth outlook (population and households) underpins occupancy stability and leasing velocity
- Larger average unit sizes (~1,260 SF) align with roommate and longer-stay renter profiles
- Risks: below-median school ratings, safety mixed versus national benchmarks, and potential competition from accessible ownership; manage affordability and renewals accordingly