| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 68th | Fair |
| Demographics | 12th | Poor |
| Amenities | 31st | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 14200 Rodeo Dr, Victorville, CA, 92395, US |
| Region / Metro | Victorville |
| Year of Construction | 1982 |
| Units | 99 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
14200 Rodeo Dr Victorville Multifamily Investment
Neighborhood data points to durable renter demand with high occupancy and a strong renter-occupied unit share at the neighborhood level, according to WDSuite’s CRE market data. Positioned in Victorville’s inner suburbs, the asset benefits from steady leasing dynamics and value-oriented housing fundamentals.
Victorville’s inner-suburb location offers practical livability for workforce households, with parks access standing out and restaurants comparatively dense, while daily-needs retail is thinner in the immediate area. The neighborhood’s park access ranks in the top quartile nationally (93rd percentile), and restaurants per square mile are also top quartile (94th percentile). By contrast, cafes, grocery, and pharmacy counts are sparse locally, suggesting residents rely on a broader trade area for errands.
From an investor lens, neighborhood-level occupancy is strong and ranks 132 out of 997 metro neighborhoods, placing it in the top quartile nationally. A renter-occupied unit share of 66.5% signals a deep tenant base and supports leasing stability for multifamily. Median contract rents in the neighborhood sit around the national midrange (58th percentile), which can underpin consistent absorption without relying on premium pricing. These observations are based on CRE market data from WDSuite.
Vintage context: the property was built in 1982, newer than the neighborhood’s average 1973 construction year. This vintage typically competes well against older housing stock, though investors should still plan for system updates and selective modernization to maintain positioning against newer deliveries.
Three-mile radius demographics indicate population growth over the last five years and further expansion forecast through 2028, alongside a projected increase in households and a modest decline in average household size. This pattern generally supports a larger tenant base and ongoing demand for rental housing. Home values in the neighborhood are relatively elevated versus incomes (higher national percentile for value-to-income), which can sustain renter reliance on multifamily; at the same time, rent-to-income metrics suggest manageable affordability pressure, aiding retention and lease management. These dynamics are competitive among Riverside–San Bernardino–Ontario neighborhoods and align with steady, needs-based renter demand.
Safety indicators are mixed relative to regional and national benchmarks. The neighborhood’s overall crime standing is below the national median (36th percentile), and within the metro it sits below average (ranked 749 of 997). However, property offenses have trended down over the last year (approximately a 9% decrease), which is a constructive signal for stability.
Violent offense rates remain below the national median but saw a recent year-over-year uptick. Investors should monitor directionality rather than any single-year reading, comparing on-site measures and security practices to peer properties in the Riverside–San Bernardino–Ontario metro. Use these metrics as context at the neighborhood level, not as block-by-block indicators.
The property sits within a broader High Desert–Inland Empire commute shed supported by regional corporate offices, which can help sustain workforce renter demand and retention. Notable nearby employers include Kinder Morgan, General Mills, Waste Management, Ryder Vehicle Sales, and McKesson Medical Surgical.
- Kinder Morgan — energy infrastructure (31.3 miles)
- General Mills — consumer goods (35.9 miles)
- Waste Management — environmental services (41.2 miles)
- Ryder Vehicle Sales — logistics & fleet services (41.7 miles)
- Mckesson Medical Surgical — healthcare distribution (43.2 miles)
This 99-unit 1982 vintage asset benefits from a neighborhood with high occupancy and a sizable renter-occupied unit base, supporting leasing durability and consistent absorption versus the metro. Restaurants and park access compare favorably at the national level, while limited nearby daily-needs retail suggests residents draw from a wider trade area. According to commercial real estate analysis from WDSuite, neighborhood rents sit near the national midrange, offering room for steady performance without relying on premium positioning.
Demographic data aggregated within a 3-mile radius shows recent population and household growth with further expansion forecast, which typically translates into a larger tenant pool and supports occupancy stability. Being newer than the area’s average housing stock, the property is competitively positioned, though investors should plan for ongoing system upgrades and selective renovations to sustain appeal against more recent product. Monitor neighborhood safety trends and amenity gaps as part of risk management and underwriting assumptions.
- Strong neighborhood occupancy and high renter-occupied unit share support demand stability
- 1982 vintage is newer than local average, with room for value-add through modernization
- Three-mile radius growth and rising household counts expand the tenant base
- National midrange rent positioning aids absorption and retention
- Risks: thinner nearby daily-needs retail and mixed safety trends warrant prudent operations