| 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 | 1975 |
| Units | 115 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
2880 W Ball Rd Anaheim Multifamily Investment
The surrounding Urban Core submarket shows durable occupancy and a deep renter-occupied housing base that supports income stability, according to WDSuite’s CRE market data. Elevated ownership costs in Orange County further sustain renter demand in this location.
Located in Anaheim’s Urban Core, the neighborhood is competitive among Anaheim–Santa Ana–Irvine submarket peers (ranked 195 out of 516 neighborhoods with a B rating), with amenity access that is strong for daily needs and dining. Grocery and restaurant density place the area in the top quartile nationally, which helps leasing and retention for workforce and family renters.
The neighborhood’s apartment stock skews slightly older than the metro average; this property was built in 1975 compared with a local average vintage around the early 1970s. For investors, that points to potential value-add through unit and systems modernization, as well as ongoing capital planning to remain competitive against newer supply.
Renter-occupied housing accounts for a large share of neighborhood units, indicating a deep tenant base and supporting multifamily absorption. Neighborhood occupancy trends are above the national median and have remained stable in recent years, which can help underpin consistent cash flows through typical cycles.
Within a 3-mile radius, demographic data show households increased over the past five years and are projected to expand further through 2028, even as average household size trends lower. This combination generally supports a larger tenant base and steady demand for rental units, based on CRE market data from WDSuite.
Home values in the area are elevated for the region, placing the neighborhood in a high-cost ownership market relative to incomes. That dynamic typically sustains renter reliance on multifamily housing and can support pricing power, while the rent-to-income environment suggests careful lease management to balance growth and retention.
Safety metrics for the neighborhood track below national averages, with both violent and property offense rates sitting in lower national percentiles. Relative to the metro, the neighborhood’s crime rank (348 out of 516) indicates weaker safety conditions than many Anaheim–Santa Ana–Irvine neighborhoods.
That said, recent trends show improvement in property offenses, with a notable year-over-year decline that places the neighborhood in an above-average national percentile for improvement. Investors typically plan for enhanced on-site security, lighting, and community management to support resident retention in similar contexts.
Nearby employers provide a diversified employment base that supports renter demand and lease retention, particularly for workforce households. Key employers within commuting distance include International Paper Cypress Retail Packaging, Time Warner Business Class, LKQ, United Technologies, and First American Financial.
- INTERNATIONAL PAPER Cypress Retail Packaging — packaging/retail supply (2.3 miles)
- Time Warner Business Class — telecom services (5.5 miles)
- LKQ — auto parts distribution (7.1 miles)
- United Technologies — diversified industrial offices (9.8 miles)
- First American Financial — title insurance/financial services (10.9 miles) — HQ
This 115-unit property at 2880 W Ball Rd benefits from a renter-heavy neighborhood, durable occupancy that sits in the top quartile nationally, and amenity-rich surroundings that aid leasing and retention. The asset’s 1975 vintage suggests clear value-add and capital planning opportunities to enhance competitiveness versus newer stock while leveraging a high-cost ownership market that supports multifamily demand, according to CRE market data from WDSuite.
Within a 3-mile radius, households have grown and are projected to expand through 2028 as average household size declines—factors that typically broaden the tenant base and support occupancy stability. Proximity to diversified employers across telecom, packaging, industrial, and financial services further reinforces day-to-day demand for workforce housing, while safety considerations warrant active property management and on-site measures.
- Renter-heavy neighborhood and top-quartile occupancy support income stability
- 1975 vintage provides value-add potential via unit and systems upgrades
- High-cost ownership market reinforces sustained demand for rentals
- Diverse nearby employers underpin workforce renter demand and retention
- Risk: Safety metrics trail national norms—requires proactive on-site management