| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 82nd | Good |
| Demographics | 35th | Poor |
| Amenities | 89th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2880 W Ball Rd, Anaheim, CA, 92804, US |
| Region / Metro | Anaheim |
| Year of Construction | 1973 |
| Units | 114 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
2880 W Ball Rd Anaheim Multifamily Investment
Neighborhood data indicates durable renter demand and above-median occupancy for the area, according to CRE market data from WDSuite, positioning this 1973 asset for income stability with potential value-add upside.
The property sits in Anaheim Santa Ana Irvine a dense Urban Core location where the neighborhood is competitive among Anaheim Santa Ana Irvine neighborhoods (ranked 195 of 516 with a B rating). Amenity access is a local strength: restaurants and groceries score in the top decile nationally, with cafes, parks, and pharmacies also testing well above national averages. Average school ratings are roughly around national norms, offering balanced appeal for a broad renter profile.
Operationally, the neighborhood s occupancy is above the metro median and sits in a strong position nationally, per WDSuite s CRE market data. Importantly, about 70% of housing units in the neighborhood are renter-occupied a high renter concentration which supports a deeper tenant base and can aid leasing velocity and retention through cycles. Note that these occupancy and tenure figures describe the neighborhood, not performance at 2880 W Ball Rd.
Within a 3-mile radius, households have increased in recent years even as population edged down, reflecting smaller household sizes and a shift that can expand the renter pool. Projections call for further household growth by 2028, which, coupled with rising incomes in the area, supports sustained multifamily demand and occupancy stability.
Home values in the neighborhood are elevated versus the nation and the value-to-income ratio ranks near the top among U.S. neighborhoods, indicating a high-cost ownership market. For multifamily investors, this typically reinforces reliance on rental housing and can support pricing power, while a rent-to-income profile near 30% suggests monitoring affordability pressure in lease management.
Safety trends are mixed when viewed against metro and national benchmarks. Relative to the 516 neighborhoods in the Anaheim Santa Ana Irvine metro, this neighborhood s crime rank places it below the metro average. Nationally, it falls below mid-pack for safety. However, property offenses have declined sharply year over year, placing the neighborhood in a stronger national percentile for improvement, while violent offense measures remain weaker and require continued monitoring.
Nearby employers provide a diversified employment base that supports renter demand and commute convenience, including packaging, telecom, auto parts distribution, business services, and title insurance (HQ).
- INTERNATIONAL PAPER Cypress Retail Packaging retail packaging (2.3 miles)
- Time Warner Business Class telecom services (5.5 miles)
- LKQ auto parts distribution (7.1 miles)
- Xerox business services (9.8 miles)
- First American Financial title insurance (10.9 miles) HQ
Built in 1973 with 114 units, the asset is slightly older than the neighborhood average and may benefit from targeted capital improvements to modernize systems and capture renovation upside. The location an amenity-rich Urban Core setting with above-median neighborhood occupancy and a high share of renter-occupied housing units supports tenancy depth and income durability, according to CRE market data from WDSuite.
Within a 3-mile radius, households have risen and are projected to grow further by 2028 even as household sizes decline, a dynamic that typically expands the renter pool and supports lease-up and retention. Elevated home values and a high value-to-income ratio signal a high-cost ownership market, which can sustain multifamily demand, while a rent-to-income profile near 30% suggests prudent attention to affordability and renewals. Key risks include crime measures that trail metro and national averages and capital planning needs tied to vintage.
- High renter concentration and above-median neighborhood occupancy support demand and leasing stability.
- 1973 vintage provides value-add potential through targeted renovations and system upgrades.
- Amenity-rich Urban Core location with strong national amenity percentiles underpins long-term renter appeal.
- Elevated ownership costs in the area reinforce reliance on rental housing and potential pricing power.
- Risks: below-average safety metrics and affordability pressure require active asset and lease management.