| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 81st | Best |
| Demographics | 41st | Fair |
| Amenities | 55th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 837 E Arrow Hwy, Pomona, CA, 91767, US |
| Region / Metro | Pomona |
| Year of Construction | 2006 |
| Units | 32 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
837 E Arrow Hwy Pomona Multifamily Investment
Neighborhood occupancy is tight and historically resilient, supporting stable cash flow potential according to WDSuite’s CRE market data.
Located in Pomona’s Urban Core, the property sits in a neighborhood rated B- with occupancy that is competitive among Los Angeles-Long Beach-Glendale neighborhoods and in the top quartile nationally. That depth of renter demand helps support leasing stability and limits downtime during turns.
Built in 2006, the asset is newer than the neighborhood’s typical 1980 vintage, which can enhance competitive positioning versus older stock while still allowing for targeted upgrades to interiors and building systems for a light value-add approach.
Local amenity access favors daily convenience: cafes are dense (high national percentile), restaurants and parks trend above national medians, while childcare and pharmacies are thinner. Average school ratings are below national norms, which investors should factor into tenant mix expectations and marketing. Overall amenity positioning is above the metro median (ranked relative to 1,441 Los Angeles-area neighborhoods), and neighborhood-level operating performance (NOI per unit) trends above the national average.
Within a 3-mile radius, demographics point to a larger tenant base over time: households have grown in recent years with further increases projected, while average household size has edged down. Renter-occupied housing comprises roughly half of units locally, indicating a deep tenant pool that supports occupancy and renewals. In a high-cost ownership market (elevated home values and a high value-to-income ratio), rental housing remains a pragmatic option, aiding pricing power and lease retention; rent-to-income levels sit at manageable ranges for the area, which supports commercial real estate analysis around renewal risk.
Safety indicators for the neighborhood track around the national middle overall (slightly above the national median), based on WDSuite data. Compared with other areas nationwide, both property and violent offense rates sit below the national percentiles associated with safer locales, but year-over-year trends have improved materially.
Improvement momentum is notable: recent declines in both violent and property offenses place the neighborhood in the top quartile nationally for positive change. Within the Los Angeles metro context (1,441 neighborhoods), this trajectory supports a more stable operating outlook, though investors should underwrite with standard security and lighting enhancements and monitor submarket trends over time.
A diversified employment base within commuting range supports renter demand and retention, led by transportation, environmental services, healthcare distribution, consumer goods, and utilities shown below.
- Ryder Vehicle Sales — fleet vehicle sales (4.9 miles)
- Waste Management — environmental services (6.7 miles)
- Mckesson Medical Surgical — healthcare distribution (9.6 miles)
- General Mills — food manufacturing offices (12.5 miles)
- Edison International — utility holding company (19.9 miles) — HQ
This 32-unit, 2006-vintage asset benefits from tight neighborhood occupancy and a renter base supported by strong amenity access and a high-cost ownership landscape. The newer construction relative to the neighborhood average provides competitive positioning versus older stock, with potential for targeted renovations to capture incremental rent while managing capital exposure. According to CRE market data from WDSuite, the neighborhood’s occupancy performance sits among the metro’s better performers and in the top quartile nationally, reinforcing expectations for leasing stability.
Within a 3-mile radius, steady population growth and a projected increase in households suggest a larger tenant base ahead. Elevated home values and ownership costs reinforce reliance on multifamily housing, while local rent-to-income conditions indicate manageable affordability pressure that supports renewals and reduces turnover risk.
- Tight neighborhood occupancy and competitive standing among 1,441 Los Angeles-area neighborhoods support stable leasing
- 2006 construction offers relative competitiveness with targeted value-add potential
- 3-mile household growth and a sizable renter pool expand the tenant base
- High-cost ownership market underpins demand and pricing power for rentals
- Risks: below-average school ratings, thinner childcare/pharmacy access, and mixed safety metrics warrant prudent underwriting