| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 78th | Fair |
| Demographics | 41st | Poor |
| Amenities | 43rd | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1200 N Placentia Ave, Anaheim, CA, 92806, US |
| Region / Metro | Anaheim |
| Year of Construction | 1972 |
| Units | 20 |
| Transaction Date | 1997-07-02 |
| Transaction Price | $516,904 |
| Buyer | SIMJEE MOHAMED |
| Seller | STATE STREET BANK & TRUST COMPANY |
1200 N Placentia Ave Anaheim 20-Unit Multifamily Opportunity
Neighborhood occupancy is strong and has trended stable, according to WDSuite’s CRE market data, supporting consistent cash flow potential for well-managed assets in this Anaheim submarket.
Located in Anaheim within the Anaheim–Santa Ana–Irvine metro, the property sits in an Urban Core neighborhood that shows competitive occupancy performance among 516 metro neighborhoods and is in the top quartile nationally for occupancy. This indicates durable renter demand and supports leasing stability for multifamily operators.
Essential retail access is a relative strength: grocery availability ranks above most peers in the metro and pharmacies are near the top of national comparisons. Restaurant density is also above national averages, while parks and cafes are limited in the immediate neighborhood. For family renters, average school ratings trail regional norms, which may influence unit mix positioning and leasing strategy.
Tenure patterns point to a deep renter base: the share of housing units that are renter-occupied is above national norms and competitive within the metro, implying a larger pool of prospective tenants and support for occupancy. Median contract rents in the neighborhood sit well above national levels, consistent with Orange County s high-cost ownership market; this dynamic generally sustains reliance on multifamily housing and can aid pricing power, subject to lease management and retention.
Within a 3-mile radius, demographic data show a slight population contraction over the past five years alongside growth in household counts and a reduction in average household size. Looking ahead, households are projected to increase further, which suggests a larger tenant base over time and supports occupancy stability for well-located assets, based on CRE market data from WDSuite.
Vintage matters for competitive positioning: built in 1972, the asset is newer than the neighborhood s average construction year (1964). This typically provides a modest edge versus older stock while still leaving room for targeted modernization to enhance rents and control long-term capital needs.
Safety indicators for the neighborhood are around the national middle overall, with recent trends showing improvement. Compared with 516 neighborhoods in the Anaheim–Santa Ana–Irvine metro, the area is broadly competitive, and nationally it sits near mid-range levels.
Property crime sits around the national midpoint, while violent incident rates are lower than average but have declined meaningfully over the last year. Investors should interpret these figures as supportive of stable operations without assuming block-level outcomes, and continue to monitor trend momentum as part of ongoing risk management.
Proximity to diversified employers supports renter demand and commute convenience, including aerospace/industrial, document solutions, packaging, automotive distribution, and a regional title & insurance headquarters.
- United Technologies — aerospace/industrial (4.45 miles)
- Xerox — document solutions (7.71 miles)
- INTERNATIONAL PAPER Cypress Retail Packaging — packaging (8.59 miles)
- LKQ — automotive parts distribution (9.76 miles)
- First American Financial — title & insurance (10.39 miles) — HQ
This 20-unit, 1972-vintage Anaheim asset benefits from a neighborhood with competitive occupancy among 516 metro neighborhoods and top-quartile national standing, supporting income consistency. Elevated home values in Orange County sustain renter reliance on multifamily housing, while the renter-occupied share is above national norms, indicating depth in the tenant base. According to CRE market data from WDSuite, operating fundamentals in the area are solid relative to national benchmarks, aligning with a value-oriented hold or a targeted upgrade strategy.
Within a 3-mile radius, households have grown even as population edged down, and projections point to further household increases alongside smaller household sizes—factors that can expand the renter pool and support occupancy. Access to essential retail and employment nodes enhances retention, though softer school ratings and limited park/cafe density warrant attention in marketing and amenity programming.
- Competitive neighborhood occupancy with top-quartile national standing supports cash flow stability.
- Elevated ownership costs in Orange County reinforce multifamily demand and pricing power.
- 1972 vintage offers relative advantage over older stock with clear modernization upside.
- 3-mile household growth and smaller household sizes expand the renter pool and support occupancy.
- Risks: softer school ratings and limited nearby parks/cafes may influence family demand and amenity expectations.