| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 77th | Fair |
| Demographics | 38th | Poor |
| Amenities | 74th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2300 E Westport Dr, Anaheim, CA, 92806, US |
| Region / Metro | Anaheim |
| Year of Construction | 1985 |
| Units | 24 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
2300 E Westport Dr Anaheim Multifamily Investment
Neighborhood occupancy sits in the mid-90s and rents are positioned toward the higher end for the metro, pointing to durable renter demand, according to WDSuite s CRE market data. For a 24-unit asset, the location supports steady leasing while offering room for operational optimization.
Located in Anaheim s urban core, the property benefits from a neighborhood that is competitive among the 516 Anaheim Santa Ana Irvine metro neighborhoods on overall amenities. Grocery and dining density rates in the upper national percentiles, supporting day-to-day convenience that helps with leasing and resident retention.
The area skews toward a high-cost ownership market, with home values well above national norms. That dynamic typically reinforces reliance on multifamily housing and can support pricing power, while the neighborhood s rent-to-income profile suggests manageable affordability pressure for many renters a balance favorable to retention.
Renter-occupied housing is a meaningful share of the stock locally, indicating depth in the tenant base. Within a 3-mile radius, WDSuite data shows households have grown even as average household size trends lower, and projections point to further household growth a setup that expands the near-term renter pool and supports occupancy stability.
Average school ratings in the neighborhood are lower relative to the metro and national averages, which may matter for family-oriented demand segments; however, abundant parks, pharmacies, and childcare access rank above national medians. For investors, this mix suggests appeal to working households prioritizing convenience and commute access over school performance.
The property s 1985 vintage is newer than the neighborhood s average construction year (1967). That positioning can be competitive versus older local stock, though investors should plan for selective modernization of systems and finishes to capture value-add upside.
Neighborhood safety indicators are mixed. Relative to neighborhoods nationwide, overall safety sits below the national median, and within the Anaheim Santa Ana Irvine metro the area is in the lower half of the 516 neighborhoods. Recent trends show property offenses declining year over year, while violent incidents ticked up a nuanced picture that calls for pragmatic on-site measures.
For underwriting and operations, investors may consider standard security features, lighting, and resident engagement to support retention, acknowledging that the neighborhood is not among the top quartile for safety nationally but has seen improvement in property crime.
Proximity to regional employers supports weekday traffic and renter retention, led by aerospace/industrial, technology, packaging, and financial services offices including United Technologies, Xerox, International Paper, First American Financial, and Western Digital.
- United Technologies aerospace & industrial offices (5.4 miles)
- Xerox technology/services (6.7 miles)
- INTERNATIONAL PAPER Cypress Retail Packaging packaging (8.4 miles)
- First American Financial title insurance & financial services (9.4 miles) HQ
- Western Digital data storage (11.7 miles) HQ
This 24-unit, 1985-built asset sits in a high-cost ownership pocket of Anaheim where neighborhood occupancy is in the mid-90s and rents benchmark toward the upper end nationally. That combination typically supports stable leasing and measured pricing power, while a meaningful renter-occupied presence indicates depth in the tenant base. Based on CRE market data from WDSuite, nearby amenities register above national medians, reinforcing day-to-day convenience that can aid renewals.
Within a 3-mile radius, households have increased and are projected to continue growing as average household size trends lower, expanding the renter pool and supporting occupancy stability. The property s vintage is newer than the neighborhood average, offering competitive positioning versus older stock; targeted modernization of systems and interiors can unlock value-add potential without full repositioning.
- High-cost ownership market bolsters reliance on rentals, supporting demand depth
- Neighborhood occupancy in the mid-90s points to leasing stability
- Amenity access above national medians aids retention and daily convenience
- 1985 vintage newer than local average value-add via selective modernization
- Risks: below-median school ratings and mixed safety readings require careful operations