| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 68th | Fair |
| Demographics | 32nd | Fair |
| Amenities | 75th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1337 E 9th St, Upland, CA, 91786, US |
| Region / Metro | Upland |
| Year of Construction | 1986 |
| Units | 24 |
| Transaction Date | 2007-08-22 |
| Transaction Price | $2,825,000 |
| Buyer | KWONG SIK HING |
| Seller | 1439 CEDAR AVENUE LONG BEACH LLC |
1337 E 9th St Upland 24-Unit Multifamily
Neighborhood occupancy has remained resilient and renter demand is supported by strong amenity density, according to WDSuite's CRE market data. Metrics cited below reflect the surrounding neighborhood rather than this specific property.
Neighborhood and Demand Drivers
Located in Upland within the Riverside-San Bernardino-Ontario metro, the asset sits in an A- rated neighborhood (ranked 155 among 997 metro neighborhoods). Amenity access is a clear strength: restaurants and cafes track in the mid-90s national percentiles, with grocery and pharmacy access also strong, supporting daily convenience and leasing appeal.
Renter demand signals are constructive. The neighborhood's renter-occupied share is elevated (92nd percentile nationally), indicating a deeper tenant base and steady multifamily demand. Neighborhood occupancy performs at a 73rd national percentile, a favorable indicator for revenue stability through cycles. These are neighborhood-level statistics, not property occupancy.
Home values are high relative to incomes (value-to-income ratio in the 96th national percentile), reflecting a high-cost ownership market that can sustain reliance on rental housing and support pricing power for well-managed assets. Median contract rents register in the upper national percentiles, reinforcing the need for active affordability and renewal management.
Vintage context: the average neighborhood construction year is 1974, while this asset was built in 1986. The slightly newer vintage can compete well versus older stock, though investors should plan for age-appropriate systems updates and targeted renovations to capture value-add upside. School ratings are comparatively weak (15th national percentile), and park access is limited, both worth factoring into family-oriented marketing and on-site amenity strategy.
Within a 3-mile radius, demographics show broadly stable population in recent years, rising incomes, and a forecast shift toward smaller average household sizes. Forecasts call for higher household counts alongside a modest population dip, implying smaller households and a potential renter pool expansion that can support occupancy and leasing velocity at stabilized properties.
Safety Context
Based on WDSuite's CRE market data, the neighborhood compares favorably for safety, ranking 61 out of 997 within the metro and landing in the top quartile nationally (73rd percentile). Recent readings point to year-over-year declines in both property and violent offense rates at the neighborhood level. Figures are comparative and neighborhood-scaled, not block-level measurements.
Nearby employment spans waste services, food manufacturing, logistics, medical distribution, and energy infrastructure, supporting commute convenience and renter demand for workforce housing.
- Waste Management — waste services (7.2 miles)
- General Mills — food manufacturing (7.6 miles)
- Ryder Vehicle Sales — logistics & fleet (7.9 miles)
- Mckesson Medical Surgical — medical distribution (9.6 miles)
- Kinder Morgan — energy infrastructure (15.3 miles)
1337 E 9th St is a 24-unit, 1986-vintage asset positioned in an A- neighborhood where renter concentration and occupancy trends support durable cash flow. According to CRE market data from WDSuite, the neighborhood sits in upper national percentiles for both occupancy and renter-occupied share, while strong amenity density improves leasing fundamentals relative to many Inland Empire locations.
The 1986 vintage is newer than the neighborhood average, offering competitive positioning versus older stock, with scope for targeted renovations and systems updates to drive rent premiums. A high-cost ownership backdrop and rising incomes within a 3-mile radius, alongside forecasts for smaller households and more households overall, suggest ongoing depth in the renter pool that can support occupancy and prudent rent growth management.
- Elevated renter-occupied share and competitive neighborhood occupancy support stable leasing
- Amenity-rich location (food, grocery, pharmacy) enhances day-to-day livability and retention
- 1986 vintage provides value-add potential via selective renovations and system upgrades
- High-cost ownership market reinforces renter reliance and pricing power for well-managed assets
- Risks: weaker school ratings, limited park access, and the need to manage affordability and renewals carefully