| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 88th | Best |
| Demographics | 49th | Poor |
| Amenities | 75th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2515 W Lincoln Ave, Anaheim, CA, 92801, US |
| Region / Metro | Anaheim |
| Year of Construction | 1973 |
| Units | 72 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
2515 W Lincoln Ave, Anaheim Multifamily Opportunity
Neighborhood fundamentals point to durable renter demand and competitive occupancy, according to WDSuite’s CRE market data. Elevated renter concentration and strong amenity access support leasing stability for a 72-unit asset in Orange County.
This Urban Core location in Anaheim offers investors a balanced blend of demand drivers and operational depth. Neighborhood occupancy is competitive among Anaheim-Santa Ana-Irvine neighborhoods (ranked 178 of 516), and renter-occupied housing accounts for a majority of units (58.7%), indicating a deep tenant base for multifamily. Elevated home values at the neighborhood level, compared with national norms, reinforce reliance on rental housing and can support pricing power during renewals.
Amenity access is a relative strength: overall amenity positioning falls in the top quartile among 516 metro neighborhoods, with cafes ranked 41 of 516 and restaurants and groceries also above national medians. Pharmacy access similarly trends strong. The area lacks park acreage (ranked 516 of 516), which is a consideration for family-oriented renters and community appeal, but nearby retail and daily-needs services help offset convenience needs.
For investors assessing tenant affordability and retention, neighborhood rent-to-income runs relatively manageable versus high-cost ownership dynamics. Median home values sit well above national levels, a high-cost ownership market that tends to sustain multifamily demand and reduce move-outs to purchase. Meanwhile, the average neighborhood construction year skews newer than this property; at a 1973 vintage, capital planning for systems and interiors can unlock value-add potential and improve competitive positioning against 2000s-era stock.
Demographic statistics aggregated within a 3-mile radius show households have increased while population edged down slightly over the past five years, pointing to smaller household sizes and a broader renter pool. Looking ahead, forecasts indicate additional household growth by 2028 alongside higher incomes and rents, which can support occupancy stability and rent growth management for professionally operated assets, based on CRE market data from WDSuite.
School ratings in the neighborhood benchmark below metro median levels, which may influence unit mix and amenity strategy for family renters; positioning with on-site features and value-add upgrades can help address expectations. Overall, the combination of strong amenity density, high renter concentration (top quartile among 516 metro neighborhoods), and competitive occupancy underpins the area’s multifamily investment appeal.
Local safety indicators are mixed compared with broader benchmarks. Within the Anaheim-Santa Ana-Irvine metro, the neighborhood’s overall crime rank places it below the metro median (347 of 516), while property offense measures trend above the national median (around the 63rd percentile nationwide), signaling comparatively better outcomes on non-violent categories.
Year-over-year violent offense trends have shown recent volatility, so investors may want to monitor trajectory and engage with up-to-date local reporting. In practice, many operators address these factors with lighting, access controls, and coordination with community resources; comparative performance should be tracked alongside leasing and retention metrics over time.
The area draws from a diversified employment base that supports commuter convenience and renter retention, including packaging, telecom services, auto parts distribution, aerospace offices, and financial services. The following nearby employers reflect the most relevant demand drivers named here.
- INTERNATIONAL PAPER Cypress Retail Packaging — packaging (3.6 miles)
- Time Warner Business Class — telecom services (5.7 miles)
- LKQ — auto parts distribution (6.7 miles)
- United Technologies — aerospace offices (8.4 miles)
- First American Financial — financial services (11.1 miles) — HQ
2515 W Lincoln Ave is a 72‑unit asset in an Urban Core pocket of Anaheim where renter-occupied housing is prevalent and neighborhood occupancy is competitive among 516 metro neighborhoods. Elevated neighborhood home values relative to national levels help sustain rental demand, while rent-to-income metrics suggest manageable affordability pressure that can aid renewal stability. According to CRE market data from WDSuite, amenity access is a relative strength, with dense dining, cafe, and daily-needs retail supporting livability and leasing.
Built in 1973, the property is older than much of the surrounding stock, creating clear value-add pathways through systems upgrades and interior modernization to improve standing versus 2000s-era comparables. Demographic statistics within a 3-mile radius indicate households have been growing and are projected to rise further alongside higher incomes and rents by 2028, expanding the renter pool over the medium term. Key watch items include limited park access, below-median school ratings in the neighborhood, safety metrics that warrant monitoring, and standard capex considerations for a 1970s vintage.
- Competitive neighborhood occupancy and high renter concentration support leasing stability
- Elevated neighborhood home values reinforce rental demand and pricing power
- Strong amenity density (cafes, restaurants, daily needs) enhances tenant appeal
- 1973 vintage offers value-add upside via renovations and system upgrades
- Risks: limited parks, below-median school ratings, mixed safety trends, and aging-asset capex