| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 81st | Good |
| Demographics | 37th | Poor |
| Amenities | 62nd | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1750 S Easy Way, Anaheim, CA, 92804, US |
| Region / Metro | Anaheim |
| Year of Construction | 1977 |
| Units | 24 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1750 S Easy Way Anaheim Multifamily Investment Opportunity
This 24-unit property benefits from strong neighborhood occupancy rates at 95.6% and proximity to major corporate employment centers. Commercial real estate analysis indicates stable rental demand fundamentals in this urban core location according to WDSuite's CRE market data.
The property sits in an urban core neighborhood that ranks above metro median among 516 neighborhoods in the Anaheim-Santa Ana-Irvine region for overall housing fundamentals. With 42% of housing units renter-occupied, the area maintains solid rental demand depth. Neighborhood-level occupancy trends show 95.6% occupancy, performing in the top quartile nationally and supporting lease renewal stability.
Built in 1977, this property aligns with the neighborhood's average construction year of 1981, indicating consistent building stock that may present value-add renovation opportunities for investors seeking to capture rent premiums. The area's median contract rent of $1,781 reflects affordability relative to Orange County standards, while demographic data within a 3-mile radius shows household income growth of 44% over five years, supporting tenant retention and rent collection.
The neighborhood benefits from strong amenity density, ranking in the 98th percentile nationally for grocery store access with 6.56 stores per square mile, and 96th percentile for cafe density. Restaurant availability also ranks in the 91st percentile nationally, supporting tenant lifestyle preferences. However, investors should note limited childcare and pharmacy options within walking distance, which may affect family tenant appeal.
Population projections within the 3-mile radius indicate modest household growth of 36% through 2028, expanding the potential renter pool to support occupancy stability. The area's 54% renter share of housing units reinforces multifamily demand fundamentals, particularly as home values averaging $760,000 maintain elevated ownership costs that sustain rental market participation.
Property crime rates in this neighborhood show 303 incidents per 100,000 residents, placing it near the metro median among 516 neighborhoods. However, investors should monitor recent trends, as property crime increased 122% year-over-year, ranking in the lower quartile regionally for crime stability. Violent crime rates of 116 incidents per 100,000 residents also increased 45% annually, suggesting heightened security considerations for tenant retention and property management.
The neighborhood's overall crime ranking places it in the 29th percentile nationally, indicating room for improvement compared to peer markets. While current occupancy remains strong, ongoing crime trends warrant attention in lease negotiations and may influence tenant turnover patterns. Property managers should consider enhanced security measures and maintain awareness of local safety initiatives that could affect long-term rental demand.
The property benefits from proximity to diverse corporate employment centers, including several Fortune 500 headquarters that provide workforce housing demand and commute convenience for tenants.
- INTERNATIONAL PAPER Cypress Retail Packaging — packaging & manufacturing (4.4 miles)
- Xerox — business services & technology (7.3 miles)
- Time Warner Business Class — telecommunications (8.0 miles)
- First American Financial — financial services (8.6 miles) — HQ
- Western Digital — technology & data storage (11.1 miles) — HQ
This 1977-vintage property offers stable cash flow fundamentals with neighborhood occupancy at 95.6%, performing in the top quartile nationally. The urban core location benefits from strong employment diversity, with major corporate headquarters within commuting distance supporting consistent tenant demand. Demographic trends within a 3-mile radius show household income growth of 44% over five years and projected household expansion of 36% through 2028, indicating a growing renter pool that supports occupancy stability and potential rent growth.
The property's construction vintage aligns with neighborhood norms but presents value-add renovation opportunities to capture rent premiums in a market where median contract rents of $1,781 remain below Orange County averages. According to CRE market data from WDSuite, the area's 54% renter share and elevated home values sustain multifamily demand fundamentals, though investors should monitor recent crime trends that may affect tenant retention and require enhanced property management attention.
- Neighborhood occupancy of 95.6% ranks in top quartile nationally for stability
- Proximity to Fortune 500 headquarters provides diverse employment base
- 1977 vintage offers value-add renovation upside potential
- Growing household income and renter pool expansion support demand
- Recent crime increases require monitoring and may affect tenant retention