| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 71st | Good |
| Demographics | 42nd | Good |
| Amenities | 74th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 33800 Chapman Heights Rd, Yucaipa, CA, 92399, US |
| Region / Metro | Yucaipa |
| Year of Construction | 2006 |
| Units | 74 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
33800 Chapman Heights Rd, Yucaipa CA Multifamily Investment
Neighborhood fundamentals point to durable renter demand and above-median occupancy, according to WDSuite’s CRE market data, supporting stable operations for a 2006-vintage asset in San Bernardino County.
Located in Yucaipa’s inner-suburban context within the Riverside–San Bernardino–Ontario metro, the neighborhood ranks 105 out of 997 metro neighborhoods (A rating). That places it above the metro median and competitive for investors seeking steady occupancy and renter demand relative to regional peers.
Amenity access is a local strength: grocery, parks, pharmacies, and restaurants score in the top quartile nationally, supporting daily-living convenience that can aid retention. By contrast, café density is thin, so the amenity mix skews more toward essentials than boutique options.
Rents in the neighborhood benchmark high versus the nation (national 92nd percentile) while neighborhood occupancy trends remain solid (national 80th percentile), a combination that typically supports pricing power when lease management is disciplined. Household incomes are strong (national 80th percentile), and the neighborhood’s renter-occupied share of housing units is 39.6%, indicating a meaningful tenant base without being overly renter-concentrated—supportive of demand depth for a 74-unit community.
Within a 3-mile radius, demographics point to gradual population growth and a modest increase in household counts, which adds to the future renter pool. Median and mean household incomes have advanced over the past five years, and forward projections indicate continued income gains. In a high-cost ownership market (home values are high versus the nation), multifamily can serve households that favor more accessible monthly payments—helping sustain demand and lease retention.
The 2006 construction year is newer than the neighborhood’s average vintage (1973), which can enhance competitive positioning versus older stock. Investors should still plan for mid-life building systems and targeted modernization to protect NOI and leasing velocity over a multi-year hold.
Safety indicators are mixed but improving. The neighborhood’s crime position sits below the metro average (ranked 588 out of 997 metro neighborhoods) and below the national median (44th percentile nationally). However, recent trends show momentum, with both estimated violent and property offense rates declining year over year, suggesting conditions have been moving in a favorable direction. As always, investors should assess block-by-block context, property security measures, and management practices as part of underwriting.
Commuter access to regional employers supports workforce housing demand and lease retention, with proximity to food manufacturing, energy infrastructure, healthcare distribution, environmental services, and transportation/logistics offices.
- General Mills — food manufacturing (16.3 miles)
- Kinder Morgan — energy infrastructure (17.4 miles)
- Mckesson Medical Surgical — healthcare distribution (35.2 miles)
- Waste Management — environmental services (35.6 miles)
- Ryder Vehicle Sales — transportation and logistics (38.3 miles)
This 74-unit, 2006-vintage property benefits from a neighborhood that ranks above the metro median for overall quality, with top-quartile national scores for essential amenities and solid occupancy performance. High national positioning for rent levels is balanced by strong area incomes, and a 39.6% renter-occupied share indicates a sizable tenant base. Based on commercial real estate analysis from WDSuite, neighborhood occupancy trends sit above national medians, supporting steady lease-up and retention for well-managed assets.
Relative to older 1970s-era stock common in the area, a 2006 build provides competitive positioning and a lighter near-term capital profile, though investors should plan for mid-life system updates and targeted unit refreshes to drive rent growth. Regional employers accessible by car help anchor renter demand, while the high-cost ownership market tends to reinforce reliance on multifamily housing.
- Above-median neighborhood ranking among 997 metro areas supports demand stability
- Solid occupancy and strong incomes balance high national rent positioning
- 2006 vintage outcompetes older local stock; plan for mid-life system updates
- Proximity to diversified regional employers underpins workforce renter base
- Risks: below-national-median safety metrics and uneven school ratings require management focus