| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 79th | Best |
| Demographics | 26th | Fair |
| Amenities | 58th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 32021 Avenue E, Yucaipa, CA, 92399, US |
| Region / Metro | Yucaipa |
| Year of Construction | 1991 |
| Units | 57 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
32021 Avenue E Yucaipa Multifamily Opportunity
According to WDSuite’s CRE market data, the neighborhood posts high-90s occupancy, signaling steady tenant retention potential for a 57-unit asset in this Inner Suburb of the Inland Empire.
Situated in Yucaipa’s Inner Suburb setting and rated A- among Riverside–San Bernardino–Ontario neighborhoods, the area is competitive among the metro’s 997 neighborhoods. Neighborhood-level occupancy trends are in the top quartile nationally, which supports leasing stability and helps reduce downtime between turns relative to weaker submarkets.
The local renter base is meaningful, with renter-occupied housing around the mid-40% range at the neighborhood level, indicating depth for multifamily demand and ongoing leasing velocity. Within a 3-mile radius, population and household counts have grown in recent years, and projections indicate additional household gains by 2028—factors that typically expand the renter pool and support occupancy stability.
Daily-life amenities are a relative strength: restaurants and cafes rank in the upper tiers nationally, and grocery and pharmacy access are also above national norms. By contrast, the neighborhood shows limited park and childcare density, and average school ratings track below national medians—considerations for unit mix strategy and resident retention among family households.
Median rents benchmark in the upper tier nationally, while neighborhood rent-to-income ratios remain well below highly stressed levels, suggesting room for disciplined revenue management. Elevated home values relative to national norms create a high-cost ownership market, which can reinforce reliance on rental housing and support pricing power for well-positioned multifamily. Built in 1991, the property is newer than the neighborhood’s average vintage, offering competitive positioning versus older stock while still allowing targeted modernization to drive value.
Neighborhood safety metrics are competitive among the 997 Riverside–San Bernardino–Ontario neighborhoods and track slightly above the national average for safety, based on WDSuite’s benchmarks. Recent year-over-year estimates point to declines in both property and violent incidents, indicating improving conditions. As always, investors should compare micro-location trends to broader submarket patterns and assess site-specific security and lighting during diligence.
- General Mills — consumer foods offices (14.4 miles)
- Kinder Morgan — energy infrastructure offices (15.3 miles)
- General Mills — consumer foods offices (24.6 miles)
- Mckesson Medical Surgical — healthcare distribution (32.9 miles)
- Waste Management — environmental services (33.4 miles)
32021 Avenue E benefits from neighborhood fundamentals that support steady cash flow: high-90s occupancy at the neighborhood level, a meaningful renter-occupied housing share, and a 3-mile radius showing recent population and household growth—dynamics that expand the tenant base and underpin leasing stability. According to CRE market data from WDSuite, the area’s amenity access outperforms national norms for food and daily retail, while ownership costs sit on the higher side, reinforcing reliance on multifamily housing and aiding pricing power for competitive assets.
Constructed in 1991, the asset is newer than the average neighborhood vintage, offering relative competitiveness versus older inventory and room for targeted renovations to capture value. Key watchpoints include below-average school ratings and limited parks/childcare density, which suggest thoughtful unit mix and amenity programming to support retention among family renters, as well as disciplined lease management where rent growth has outpaced national medians.
- Neighborhood occupancy in the top quartile nationally supports leasing stability
- Renter base depth and projected household growth expand the tenant pool
- 1991 vintage offers competitive positioning with value-add modernization potential
- Amenity-rich location and high-cost ownership environment bolster pricing power
- Risks: lower school ratings and limited parks/childcare require retention-focused strategy