| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 71st | Good |
| Demographics | 42nd | Good |
| Amenities | 74th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 34401 Cedar Ave, Yucaipa, CA, 92399, US |
| Region / Metro | Yucaipa |
| Year of Construction | 1973 |
| Units | 48 |
| Transaction Date | 1993-12-27 |
| Transaction Price | $794,000 |
| Buyer | GRAHAM ROBERT M |
| Seller | MARTIN WILLIAM A |
34401 Cedar Ave, Yucaipa CA Multifamily Investment
Neighborhood occupancy is strong and renter demand is supported by a balanced mix of services and incomes, according to WDSuite s CRE market data. Investors screening Inland Empire assets may find stable operations with room to optimize positioning through targeted management.
The property sits in an Inner Suburb location within the Riverside San Bernardino Ontario metro that is competitive among Riverside-San Bernardino-Ontario, CA neighborhoods (ranked 105 out of 997). Neighborhood occupancy is high at the area level, with recent measures around the mid-90s, supporting leasing stability for professionally managed multifamily.
Daily needs are well covered: grocery and pharmacy access score in high national percentiles, and restaurants are plentiful relative to neighborhoods nationwide. Parks and childcare options also register strong availability, while caf e9 density is limited. Taken together, the amenity mix favors families and working households more than lifestyle retail.
Schools in the surrounding area average about 2.0 out of 5; operators may want to emphasize on-site features and convenience to offset school quality perceptions in leasing narratives.
Tenure data indicate a meaningful renter-occupied presence in the neighborhood (roughly two-fifths of housing units), offering a dependable tenant base for multifamily. Within a 3-mile radius, population and households have been growing and are projected to continue increasing, which can expand the renter pool and support occupancy over time. Median household incomes are above many national benchmarks, while rent-to-income levels in the neighborhood point to manageable affordability pressure a constructive backdrop for retention and steady collections.
Safety metrics are mixed relative to national patterns. Neighborhood crime ranks 588 out of 997 metro neighborhoods, and national comparison percentiles place violent incidents around the lower half and property offenses below the national median for safety. That said, one-year trends show declines in both violent and property offense rates, indicating recent improvement at the neighborhood level.
For underwriting, this suggests monitoring security line items and resident experience while recognizing that current data reflect modest but improving conditions compared with many U.S. neighborhoods.
Regional employment is diversified across food manufacturing, energy infrastructure, healthcare distribution, waste services, and logistics industries that underpin steady commuter demand and can support renter retention for workforce housing.
- General Mills food manufacturing offices (16.7 miles)
- Kinder Morgan energy infrastructure (18.2 miles)
- General Mills food manufacturing offices (27.5 miles)
- Mckesson Medical Surgical healthcare distribution (35.9 miles)
- Waste Management environmental & waste services (36.4 miles)
This 48-unit asset benefits from a neighborhood with high occupancy, broad-based daily needs, and a renter base supported by above-average household incomes. Within a 3-mile radius, recent and forecast growth in population and households points to a larger tenant base over time, supporting occupancy stability and measured pricing power. Home values in the area are elevated relative to many U.S. neighborhoods, which tends to sustain reliance on rental housing and supports lease retention. Based on commercial real estate analysis from WDSuite, the local rent-to-income context appears manageable, helping operators balance renewal pricing with retention.
Key considerations include school quality perceptions and safety metrics that sit below national medians, though recent offense-rate declines are a constructive trend. Caf e9 density is limited, but strong access to groceries, pharmacies, restaurants, parks, and childcare aligns with family and workforce demand.
- High neighborhood occupancy supports stable leasing and collections
- Growing 3-mile population and households expand the renter pool
- Elevated ownership costs reinforce multifamily demand and retention
- Amenity depth in groceries, pharmacies, restaurants, parks, and childcare aids livability
- Risks: below-median safety and modest school ratings require proactive management and resident engagement