| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 88th | Best |
| Demographics | 49th | Poor |
| Amenities | 75th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2535 W Lincoln Ave, Anaheim, CA, 92801, US |
| Region / Metro | Anaheim |
| Year of Construction | 1974 |
| Units | 72 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
2535 W Lincoln Ave, Anaheim Multifamily Value-Add
Neighborhood occupancy is robust with a deep renter base, according to WDSuite’s CRE market data, supporting steady leasing for this submarket. These metrics reflect the surrounding neighborhood, not the property, and align with disciplined commercial real estate analysis.
The property sits in Anaheim’s Urban Core with a neighborhood rating of B+ and a rank of 151 out of 516 metro neighborhoods, indicating it is competitive among Anaheim-Santa Ana-Irvine neighborhoods. Local fundamentals show durable renter demand and mature infrastructure that appeal to workforce and family renters.
Renter-occupied share in the neighborhood is 58.7%, signaling a sizable tenant base for multifamily assets. Neighborhood occupancy is 97.3% (top quartile nationally and competitive within the metro at rank 178 of 516), which supports lease-up confidence and renewal stability for nearby properties.
Daily needs and lifestyle amenities are a strength: cafes and restaurants score in the top quartile nationally, and grocery and pharmacy access are above national medians. However, park space is limited locally, which may matter for some family-oriented leasing strategies. Average school ratings trend below national norms (about 2.0 out of 5), which can influence unit mix positioning and amenity programming for family renters.
The area’s construction skew is newer than the subject (neighborhood average year 2000), while the asset’s 1974 vintage suggests potential value-add through interior modernization and systems upgrades to remain competitive with younger stock. Elevated neighborhood home values (top decile nationally) and a rent-to-income ratio near 0.22 indicate a high-cost ownership market with manageable rent burdens locally—conditions that can reinforce rental demand while keeping an eye on retention and pricing power. All neighborhood statistics reflect the surrounding area, not the property, and are based on CRE market data from WDSuite.
Safety indicators are mixed relative to peers. The neighborhood’s overall crime rank sits below the metro median (rank 347 out of 516), indicating higher reported crime than many Anaheim-Santa Ana-Irvine neighborhoods. Nationally, the area falls below average on overall safety (39th percentile), though property offenses are relatively better positioned (around the 63rd percentile nationally).
Recent trend signals show property offense estimates moving lower year over year, while violent offense estimates posted a sharp uptick in the latest period. Investors may want to monitor trajectory and community initiatives over time rather than relying on a single-year reading. These are neighborhood-level indicators and should be contextualized with on-site security, visibility, and management practices.
Nearby employers provide a broad white-collar and industrial employment base that supports renter demand and commute convenience, including INTERNATIONAL PAPER Cypress Retail Packaging, Time Warner Business Class, LKQ, United Technologies, and First American Financial.
- INTERNATIONAL PAPER Cypress Retail Packaging — packaging (3.6 miles)
- Time Warner Business Class — telecom & enterprise services (5.6 miles)
- LKQ — auto parts distribution (6.6 miles)
- United Technologies — aerospace & industrial offices (8.5 miles)
- First American Financial — title & financial services (11.1 miles) — HQ
This 72-unit, 1974-vintage asset presents a clear value-add path in a neighborhood with strong renter fundamentals. Neighborhood occupancy is high and renter concentration is deep, supporting a stable tenant base and lease retention. Elevated home values relative to income reinforce reliance on multifamily housing, while rent-to-income levels near the low-20% range suggest balanced affordability that can sustain collections and reduce turnover risk. According to CRE market data from WDSuite, neighborhood occupancy trends are competitive in the metro and in the top quartile nationally.
Within a 3-mile radius, households have grown despite flat-to-slightly lower population, implying smaller household sizes and a broader pool of renters. Forward-looking projections indicate continued household growth and rising incomes, which can underpin rent growth and ongoing demand for renovated product. The older vintage relative to nearby stock (neighborhood average year 2000) highlights opportunities for interior upgrades, curb appeal improvements, and selective systems work to improve positioning versus newer comparables.
- High neighborhood occupancy and sizable renter-occupied share support leasing stability
- 1974 vintage offers value-add potential versus newer neighborhood stock
- Elevated ownership costs in the area reinforce multifamily demand and pricing power
- 3-mile household growth and rising incomes expand the tenant base and support renewals
- Risk: below-median safety rank in the metro warrants active management and monitoring