| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 83rd | Good |
| Demographics | 39th | Poor |
| Amenities | 45th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2520 W La Palma Ave, Anaheim, CA, 92801, US |
| Region / Metro | Anaheim |
| Year of Construction | 1972 |
| Units | 56 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
2520 W La Palma Ave Anaheim Multifamily Investment
Neighborhood occupancy is fully stabilized according to WDSuite s CRE market data, supporting durable renter demand even as household sizes trend smaller in the area. High-cost ownership dynamics in Anaheim help sustain a deep tenant pool for well-located workforce housing.
The property sits within Anaheim s Urban Core, where neighborhood occupancy is among the strongest locally (top of 516 neighborhoods), signaling tight conditions that can support leasing stability. Renter-occupied housing makes up a majority of neighborhood units, indicating a broad tenant base for multifamily operators rather than a niche demand profile.
Community amenities skew toward parks and daily needs: park access is strong relative to the nation (top percentile bands), and pharmacies are comparatively dense. Dining options are competitive versus national averages. While cafes and groceries per square mile are not a local strength, the broader Orange County location provides access to services at a submarket scale, which can mitigate block-level amenity gaps for residents.
Median home values in the neighborhood are elevated compared with national benchmarks, which tends to reinforce reliance on rental housing and can aid lease retention for quality apartments. The neighborhood s rent-to-income profile suggests manageable rent burdens in context, giving operators some pricing power while keeping an eye on retention and renewal strategies.
Construction patterns in the immediate area skew older. With a 1972 vintage, this asset is slightly newer than the neighborhood average stock from the late 1960s, which can improve competitive positioning against older product. Investors should still plan for targeted system updates or value-add renovations to meet current renter expectations.
Within a 3-mile radius, demographics show a modest decline in population but an increase in households over the past five years, with forecasts pointing to further household growth and smaller average household sizes. For multifamily investors, that shift typically translates into a larger tenant base and sustained demand for professionally managed rental units, according to CRE market data from WDSuite.
Safety indicators for the neighborhood are mixed relative to metro and national benchmarks. Overall crime ranks in the lower half among 516 metro neighborhoods, suggesting conditions that are below the metro median. Nationally, signals trend closer to the middle of the pack, with property and violent offense metrics hovering around national medians.
Year-over-year changes indicate some recent upward movement in reported offenses, so asset management plans should incorporate routine security measures and resident engagement. Comparatively, the area is not in the top quartile nationally for safety, but it remains competitive with many urban core locations across large coastal metros.
Nearby employers span packaging, telecom, auto parts distribution, and diversified industrials, supporting a broad workforce tenant base and commute convenience for residents. The list below reflects the closest concentrations likely to influence leasing traction for this location.
- INTERNATIONAL PAPER Cypress Retail Packaging d packaging (4.3 miles)
- Time Warner Business Class d telecom/business services (5.3 miles)
- LKQ d auto parts distribution (5.9 miles)
- United Technologies d diversified industrials/aerospace (7.9 miles)
- International Paper d packaging (9.6 miles)
This 56-unit, 1972-vintage asset benefits from a neighborhood with exceptionally tight conditions and a majority renter-occupied housing base, supporting occupancy stability and steady tenant demand. Elevated local home values and a value-to-income profile typical of high-cost ownership markets help sustain reliance on rental housing and can underpin renewal rates and pricing power. According to CRE market data from WDSuite, neighborhood income performance and NOI-per-unit benchmarks are competitive versus national norms, aligning with an operator playbook focused on consistent operations rather than heavy lease-up risk.
Relative to older late-1960s stock, the asset s vintage offers a modest competitive edge, while still presenting value-add opportunities through system modernization and interior updates. Within a 3-mile radius, households have grown and are forecast to expand further as average household sizes decline, which typically enlarges the renter pool and supports long-run demand even amid flat-to-soft population trends. Key watch items include uneven school ratings, mixed safety signals typical of urban cores, and pockets of amenity gaps best offset through service packages and resident retention strategies.
- Tight neighborhood occupancy and majority renter-occupied housing support durable leasing
- High-cost ownership context reinforces renter reliance and pricing continuity
- 1972 vintage slightly newer than nearby stock, with value-add and system upgrade potential
- 3-mile household growth and smaller household sizes expand the renter base over time
- Risks: below-median school ratings, mixed safety indicators, and uneven block-level amenities