| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 74th | Good |
| Demographics | 47th | Good |
| Amenities | 59th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1301 San Bernardino Rd, Upland, CA, 91786, US |
| Region / Metro | Upland |
| Year of Construction | 1980 |
| Units | 100 |
| Transaction Date | 2001-04-10 |
| Transaction Price | $180,000 |
| Buyer | SYCAMORE TERRACE UPLAND LP |
| Seller | SYCAMORE TERRACE |
1301 San Bernardino Rd Upland 100-Unit Multifamily Opportunity
According to CRE market data from WDSuite, the surrounding neighborhood exhibits high occupancy and a sizable renter-occupied share, supporting durable demand for a 1980-vintage, 100-unit asset in Upland, California.
This Inner Suburb location in Upland ranks in the top quartile among 997 metro neighborhoods, signaling solid fundamentals for multifamily. Neighborhood occupancy trends are strong and, per WDSuite’s CRE market data, sit in the top decile nationally, while renter-occupied housing represents a meaningful share of neighborhood units—both factors that typically support tenant retention and stable leasing.
Everyday amenities are accessible: restaurants and pharmacies index in the top decile nationally, and grocery access is above average. The area has fewer cafés and park acreage nearby, which may modestly limit lifestyle appeal compared with amenity-dense urban nodes, but the core retail and services mix is sufficient for workforce-oriented demand.
The property’s 1980 construction is newer than the neighborhood’s average vintage (1950s era), offering competitive positioning versus older stock while still warranting prudent capital planning for aging systems and potential value-add upgrades.
Within a 3-mile radius, demographics show a large resident base with modest recent population growth and near-flat household counts, alongside rising incomes. Forward-looking projections indicate a slight population dip but an increase in households and a small reduction in average household size—dynamics that can expand the renter pool and support occupancy stability even as the resident profile evolves, based on CRE market data from WDSuite.
Home values are elevated relative to national benchmarks and value-to-income is high for the neighborhood, reinforcing reliance on rental housing. Rents benchmark on the higher side nationally, but rent-to-income levels in this neighborhood read relatively manageable, which can aid lease retention and steady collections with disciplined lease management.
School ratings in the broader area trend below national averages, a consideration for some renter cohorts; however, for workforce and convenience-driven tenants, proximity to services and employment anchors remains a key draw.
Neighborhood-level crime metrics suitable for a ranked comparison are not available in WDSuite for this location. Investors typically review multiple sources and trend views (city and county reporting, insurance loss data, and on-the-ground diligence) to contextualize safety alongside leasing performance and retention history.
Nearby employment is diversified across waste services, consumer goods, logistics, healthcare distribution, and energy infrastructure—supporting a broad renter base and commute convenience for residents.
- Waste Management — waste services (7.6 miles)
- General Mills — consumer goods (7.9 miles)
- Ryder Vehicle Sales — logistics & fleet (8.3 miles)
- Mckesson Medical Surgical — healthcare distribution (10.1 miles)
- Kinder Morgan — energy infrastructure (15.4 miles)
This 100-unit, 1980-vintage community benefits from strong neighborhood fundamentals: high occupancy, a substantial share of renter-occupied housing, and proximity to diversified employers. Elevated ownership costs in the area tend to sustain rental demand, while neighborhood rent-to-income levels remain comparatively manageable—supporting retention and underwriting consistency. According to CRE market data from WDSuite, local restaurants, pharmacies, and groceries benchmark well against national peers, reinforcing day-to-day livability that helps stabilize leasing.
From an investment standpoint, the asset’s relative youth versus the 1950s neighborhood vintage suggests competitive positioning and potential to capture value through targeted renovations and systems updates. Demographic trends within 3 miles point to rising incomes and a projected increase in households even as population growth moderates, implying a broader tenant base and continued demand for rental units. Key watch items include below-average school ratings and lighter café/park density, as well as ongoing capex needs typical for 1980s construction.
- High neighborhood occupancy and meaningful renter-occupied share support leasing stability
- 1980 vintage is newer than local stock, enabling value-add through selective updates
- Elevated ownership costs reinforce sustained renter demand and pricing power
- Strong everyday amenities (restaurants, pharmacies, groceries) bolster tenant retention
- Risks: below-average school ratings, thinner lifestyle amenities, and capex for 1980s systems