| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 56th | Poor |
| Demographics | 20th | Poor |
| Amenities | 64th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 14469 Rodeo Dr, Victorville, CA, 92395, US |
| Region / Metro | Victorville |
| Year of Construction | 1987 |
| Units | 46 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
14469 Rodeo Dr Victorville Multifamily Opportunity
Stabilized renter demand is supported by a sizable local tenant base and a 1987 vintage that competes well against older stock, according to WDSuite's CRE market data. Balanced affordability relative to neighborhood incomes suggests pragmatic rent positioning and potential for steady leasing.
Located in Victorville's Inner Suburb, the neighborhood carries a B- rating and sits around the middle of the pack among 997 Riverside–San Bernardino–Ontario metro neighborhoods. Daily needs are convenient, with grocery and pharmacy access and a solid restaurant mix nearby, though park access is limited.
Renter-occupied housing accounts for a meaningful share of units at the neighborhood level, indicating depth for multifamily demand and a broad tenant pool. Elevated home values for the area tend to keep more households in the rental market, which can aid lease retention and pricing discipline, while a rent-to-income profile near the mid-range points to manageable affordability pressure for operators.
Demographic indicators aggregated within a 3-mile radius show recent population and household growth, with projections pointing to further renter pool expansion by 2028—dynamics that support occupancy stability and leasing velocity. These local trends, framed through commercial real estate analysis and validated by WDSuite, suggest durable demand drivers for workforce-oriented product.
Neighborhood safety indicators track near the metro middle among 997 neighborhoods, and they sit below the national median for safety. Recent trends show year-over-year declines in both violent and property offenses, according to WDSuite's CRE market data, which investors may view as a constructive directional signal while still underwriting prudent security and operational practices.
Regional employment is anchored by logistics, consumer goods, energy infrastructure, and healthcare distribution within commuting distance, supporting renter demand from households seeking commute-friendly options. The following nearby corporate offices illustrate the commuting shed relevant to this submarket.
- Kinder Morgan — energy infrastructure (31.6 miles)
- General Mills — consumer packaged goods (36.3 miles)
- Waste Management — environmental services (41.5 miles)
- Ryder Vehicle Sales — transportation & logistics (42.0 miles)
- Mckesson Medical Surgical — healthcare distribution (43.5 miles)
Built in 1987, the property is newer than much of the surrounding stock, offering relative competitiveness versus older buildings while leaving room for targeted modernization to drive rent premiums. At the neighborhood level, a sizable renter-occupied share and balanced rent-to-income dynamics point to a deep tenant base and pragmatic rent management. According to multifamily property research from WDSuite, local rents have trended upward over the past five years, while homeownership remains comparatively high-cost for many households—conditions that can reinforce sustained rental demand.
Within a 3-mile radius, population and household counts have grown and are projected to continue rising by 2028, suggesting a larger renter pool and support for occupancy stability. Neighborhood occupancy has moderated recently, so operators should emphasize leasing execution and value-focused upgrades; however, amenity access for daily needs and proximity to regional employers underpin steady demand in this workforce segment.
- 1987 vintage offers competitive positioning versus older stock, with value-add potential via selective renovations.
- Depth of renter-occupied housing and balanced affordability support demand and lease retention.
- 3-mile population and household growth point to a larger tenant base and support for occupancy.
- Risks: recent neighborhood occupancy softness, limited park access, and safety metrics below the national median warrant conservative underwriting.