| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 81st | Good |
| Demographics | 40th | Poor |
| Amenities | 90th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1750 W Romneya Dr, Anaheim, CA, 92801, US |
| Region / Metro | Anaheim |
| Year of Construction | 1979 |
| Units | 120 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1750 W Romneya Dr, Anaheim Multifamily Investment
Occupancy in the surrounding neighborhood has remained resilient and amenity access is strong, according to WDSuite’s CRE market data, supporting income stability for a 120-unit asset. Location fundamentals within Anaheim’s Urban Core point to durable renter demand relative to metro peers.
The property sits within Anaheim’s Urban Core, where everyday amenities are dense and walkable. Amenity access ranks competitive among 516 metro neighborhoods and places the area in the top quartile nationally, with notable depth in groceries, restaurants, cafes, parks, and pharmacies (per WDSuite). For investors, this concentration of services tends to support leasing velocity and renewal rates.
Neighborhood occupancy is competitive among Anaheim–Santa Ana–Irvine submarkets and well above many U.S. areas, reinforcing a view of steady rent rolls rather than volatile lease-up risk. Median asking rents in the neighborhood have trended upward over the past five years, while elevated ownership costs and high home values in Orange County sustain reliance on multifamily housing and can bolster pricing power.
Within a 3-mile radius, demographic statistics from WDSuite show households have increased recently and are projected to expand further even as average household size edges lower. This dynamic typically points to a larger tenant base and supports occupancy stability. Renter-occupied housing accounts for a majority share within this radius, indicating meaningful depth of demand for professionally managed apartments.
School ratings in the neighborhood sit below national norms, which may temper appeal for some family renters, but the area’s workforce access and services remain supportive of broad renter segments. The asset’s 1979 vintage is slightly newer than the neighborhood’s average year built, suggesting relative competitiveness versus older stock, while prudent investors should still underwrite ongoing system upgrades or modernization as part of the business plan.
Neighborhood safety indicators are mixed relative to peers. Overall crime ranks near the metro middle (254 out of 516 neighborhoods), indicating neither an outperformer nor a clear underperformer in the regional context. Nationally, the area sits around the midpoint.
Property-related offense rates compare somewhat better than national averages and have improved meaningfully year over year, according to WDSuite. Violent-offense measures, however, trend below national averages. Investors typically interpret this blend as calling for standard security, lighting, and access-control protocols rather than outsized mitigation, while continuing to monitor local trends.
Proximity to established employers supports a broad workforce renter base and commute convenience for residents. Nearby corporate offices span packaging, aerospace/industrial, telecommunications, auto parts distribution, and document services.
- INTERNATIONAL PAPER Cypress Retail Packaging — retail packaging (5.7 miles)
- United Technologies — aerospace/industrial (6.4 miles)
- Time Warner Business Class — telecommunications (6.9 miles)
- LKQ — auto parts distribution (7.0 miles)
- Xerox — document services (9.3 miles)
1750 W Romneya Dr offers investors a 120-unit, 1979-vintage asset positioned in an amenity-rich Anaheim submarket where neighborhood occupancy is competitive among metro peers. According to CRE market data from WDSuite, the area’s amenity density and above-median occupancy versus the metro support income durability, while high ownership costs in Orange County tend to reinforce renter reliance on multifamily housing and can sustain pricing power.
Within a 3-mile radius, households have grown and are projected to increase further even as average household size trends lower—conditions that typically expand the renter pool and support steady leasing. The 1979 construction year is slightly newer than the neighborhood average, suggesting relative competitive positioning against older stock; however, investors should plan for routine capital projects and potential modernization to protect rents and retention.
- Amenity-rich Urban Core location with above-median neighborhood occupancy supporting income stability.
- Household growth within 3 miles and a majority renter-occupied housing share deepen the tenant base.
- Elevated regional home values reinforce reliance on rentals, aiding pricing power and lease retention.
- 1979 vintage offers competitive positioning versus older stock, with value-add potential via targeted upgrades.
- Risks: below-average school ratings and mixed safety readings warrant underwriting for tenant mix and standard security.