| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 64th | Fair |
| Demographics | 20th | Poor |
| Amenities | 55th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 14900 Arlette Dr, Victorville, CA, 92394, US |
| Region / Metro | Victorville |
| Year of Construction | 1981 |
| Units | 101 |
| Transaction Date | 2013-12-20 |
| Transaction Price | $6,608,000 |
| Buyer | RELIANT SAN GABRIEL LP |
| Seller | SHERWOOD VILLA |
14900 Arlette Dr Victorville Multifamily Investment
This 101-unit property built in 1981 operates in a neighborhood with 94.4% occupancy and strong rental demand fundamentals, according to CRE market data from WDSuite.
The property sits in an Inner Suburb neighborhood that ranks above the metro median among 997 neighborhoods in the Riverside-San Bernardino-Ontario region. Built in 1981, this vintage aligns with the area's 1994 average construction year, indicating established neighborhood character with potential value-add opportunities through selective capital improvements.
Neighborhood-level occupancy of 94.4% demonstrates solid rental demand stability, while the 48.3% share of renter-occupied housing units ranks in the 87th percentile nationally, indicating a robust rental market foundation. Demographics within a 3-mile radius show a population of 72,690 residents with median household income of $63,640 and projected 6.5% population growth through 2028, supporting an expanding renter pool.
The area benefits from strong grocery access with 5.93 stores per square mile ranking in the 97th percentile nationally, along with above-average park density. Current median contract rent of $1,220 is projected to increase 44.5% to $1,764 by 2028, while household income growth of 57.5% over the same period suggests improving affordability dynamics for rental housing demand.
Crime metrics show the neighborhood performing near the metro median, with property offense rates at 212 per 100,000 residents ranking 331st among 997 neighborhoods in the region. Property crime has declined 28.9% year-over-year, placing the area in the 72nd percentile nationally for crime improvement trends.
Violent crime rates remain moderate at 66 incidents per 100,000 residents, though recent increases warrant monitoring. The neighborhood's overall crime profile ranks in the 47th percentile nationally, indicating average safety conditions relative to comparable suburban markets across the country.
The Victorville area benefits from proximity to major corporate offices that support regional workforce housing demand, with several Fortune 500 companies maintaining operations within commuting distance.
- Kinder Morgan — energy infrastructure (32.0 miles)
- General Mills — consumer goods (36.2 miles)
- Waste Management — environmental services (41.1 miles)
- Ryder Vehicle Sales — transportation services (41.5 miles)
- McKesson Medical Surgical — healthcare distribution (43.2 miles)
This 101-unit property offers exposure to stable rental fundamentals in a market showing solid occupancy trends and demographic growth. The 1981 construction year provides value-add potential through strategic capital improvements, while neighborhood-level occupancy of 94.4% demonstrates consistent tenant demand. According to multifamily property research from WDSuite, the area's 48.3% renter-occupied housing share ranks in the 87th percentile nationally, indicating strong rental market depth.
Projected demographic expansion of 6.5% through 2028 within a 3-mile radius supports long-term tenant pool growth, while forecasted median income increases of 57.5% over five years suggest improving rental affordability dynamics. The neighborhood's established character and proximity to major employment centers provides workforce housing appeal in the broader Riverside-San Bernardino market.
- Strong occupancy fundamentals with 94.4% neighborhood-level rates
- Value-add potential from 1981 vintage with selective capital improvements
- Projected 6.5% population growth supporting rental demand expansion
- 87th percentile national ranking for renter-occupied housing density
- Monitor recent violent crime increases and income growth sustainability