| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 83rd | Best |
| Demographics | 27th | Poor |
| Amenities | 91st | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1919 E Sycamore St, Anaheim, CA, 92805, US |
| Region / Metro | Anaheim |
| Year of Construction | 1980 |
| Units | 49 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1919 E Sycamore St Anaheim Multifamily Investment
Neighborhood occupancy is high and renter demand is supported by a sizeable renter-occupied housing base, according to WDSuite’s CRE market data. For investors, the combination suggests steadier leasing fundamentals relative to nearby alternatives.
This Urban Core location in Anaheim benefits from strong neighborhood utilization, with occupancy measured for the neighborhood near the top of local peers and in the top decile nationally. A majority share of housing units are renter-occupied (neighborhood metric), indicating depth in the tenant base that can support absorption and retention through cycles.
Daily needs and lifestyle amenities are a local strength. Cafes, groceries, pharmacies, parks, and restaurants all index well above national averages, helping properties compete on convenience for working households. By contrast, average school ratings in the surrounding area score low, which may reduce appeal to school-focused renters but has limited impact on workforce and young professional segments.
Within a 3-mile radius, demographics point to a stable-to-expanding renter pool: recent years show a slight population contraction alongside growth in household counts and families, reflecting smaller household sizes and sustained demand for rental units. Forward-looking estimates indicate continued increases in households and incomes in this 3-mile catchment, which supports occupancy stability and rent growth management rather than aggressive lease-up assumptions.
Ownership costs in the neighborhood are elevated relative to national norms, which tends to reinforce reliance on multifamily rental options and can aid pricing power and lease retention. The property’s 1980 vintage is slightly newer than the neighborhood’s average construction year, providing a modest competitiveness edge versus older stock; investors should still plan for selective modernization of systems and interiors to meet current renter expectations.
Safety indicators in the surrounding neighborhood are mixed when compared nationally. Overall crime levels sit near the national midpoint, with property offenses modestly better than national averages and violent offenses below the national midpoint. Recent year-over-year trends show declining rates in both categories, which is a constructive directional signal. As with any Urban Core setting, prudent security design and resident screening can help maintain stability.
Nearby corporate offices provide a diversified employment base that supports commuter demand and lease retention, including United Technologies, Xerox, International Paper, First American Financial, and Western Digital.
- United Technologies — corporate offices (4.8 miles)
- Xerox — corporate offices (7.5 miles)
- INTERNATIONAL PAPER Cypress Retail Packaging — corporate offices (8.3 miles)
- First American Financial — corporate offices (10.1 miles) — HQ
- Western Digital — corporate offices (12.5 miles) — HQ
The investment case centers on durable renter demand in an amenity-rich Urban Core subarea and neighborhood occupancy that has held at elevated levels, according to CRE market data from WDSuite. A high share of renter-occupied housing units in the neighborhood signals a deep tenant base, while elevated ownership costs in the area tend to sustain reliance on multifamily housing and support pricing power.
The 1980 vintage is slightly newer than nearby averages, giving the asset a competitive baseline versus older stock; targeted renovations and system upgrades can unlock value-add potential. Within a 3-mile radius, household growth and income gains alongside smaller household sizes point to ongoing demand for rental units, supporting steady absorption rather than outsized volatility. Risks include weaker neighborhood school ratings, mixed but improving safety indicators, and affordability pressure that calls for thoughtful lease management.
- Elevated neighborhood occupancy and sizable renter-occupied housing share support leasing stability
- Amenity-dense location enhances competitiveness and retention for working households
- 1980 vintage offers value-add potential through focused renovations and modernization
- High-cost ownership market reinforces rental demand and pricing power
- Risks: low school ratings, mixed safety metrics, and affordability pressure requiring active lease management