| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 82nd | Good |
| Demographics | 35th | Poor |
| Amenities | 89th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2910 W Ball Rd, Anaheim, CA, 92804, US |
| Region / Metro | Anaheim |
| Year of Construction | 1986 |
| Units | 33 |
| Transaction Date | 2016-07-01 |
| Transaction Price | $7,025,000 |
| Buyer | First Newport Star LLC |
| Seller | Interstate Equities Corporation |
2910 W Ball Rd Anaheim Multifamily Investment
Stable renter demand and occupancy around the metro median support predictable operations, according to WDSuite’s CRE market data.
Located in Anaheim’s Urban Core, the property benefits from strong neighborhood fundamentals that matter for leasing. Amenities are a relative strength: the area ranks 39th among 516 metro neighborhoods and sits in the top quartile nationally for overall amenity access, with dense grocery and dining options supporting daily convenience.
Renter concentration is high, with about 70% of housing units renter-occupied in the neighborhood, indicating a deep tenant base and steady multifamily demand. Neighborhood occupancy is above the metro median and competitive nationally, which supports lease-up and renewal stability.
The building’s 1986 vintage is newer than the neighborhood’s average construction year (1971), positioning it competitively versus older stock while still warranting capital planning for systems modernization and possible value-add updates.
Within a 3-mile radius, demographics show households have grown while population edged lower, pointing to smaller household sizes and a sustained renter pool. Median incomes have trended upward, and home values are elevated for the region, a high-cost ownership context that tends to reinforce reliance on multifamily housing and can support pricing power when paired with effective lease management.
Local schools trend near the national midpoint, and overall neighborhood performance is above the metro median among 516 Anaheim–Santa Ana–Irvine neighborhoods. These dynamics, based on CRE market data from WDSuite, translate into durable demand drivers for well-managed assets.
Safety indicators are mixed when compared with regional and national context. The neighborhood ranks in the lower half of the 516-neighborhood metro set and sits below the national midpoint, suggesting investors should underwrite prudent security measures and tenant-screening protocols.
That said, recent data show a meaningful decline in property offenses over the last year, placing the neighborhood s improvement trajectory in a stronger national bracket. Monitoring trend direction and on-the-ground management practices can help support resident retention and protect NOI.
Nearby employers span packaging, telecom, auto parts distribution, and business services, supporting a diversified workforce tenant base and commute convenience for renters. The list below reflects prominent names within an approximately 2 6 miles range.
- INTERNATIONAL PAPER Cypress Retail Packaging D packaging (2.2 miles)
- Time Warner Business Class D telecom services (5.5 miles)
- LKQ D automotive parts (7.1 miles)
- Xerox D business services (9.9 miles)
- United Technologies D aerospace & industrial (9.9 miles)
This 33-unit, 1986-vintage asset sits in a renter-heavy Anaheim neighborhood with amenity depth, above-median metro occupancy, and a tenant base supported by diversified nearby employers. Elevated home values in the area point to a high-cost ownership market, which can sustain multifamily demand and support rent levels with disciplined lease management.
Within a 3-mile radius, households have increased and are projected to continue rising as average household size trends lower, indicating a larger tenant base over time. According to CRE market data from WDSuite, neighborhood occupancy is competitive nationally, while the asset’s newer-than-average vintage versus local stock presents potential for targeted value-add to enhance positioning and retention.
- Renter-heavy neighborhood and above-median metro occupancy support stable leasing
- 1986 construction offers relative competitiveness with room for upgrades
- Amenity-rich Urban Core location underpins everyday convenience and renewal potential
- High-cost ownership environment reinforces reliance on multifamily housing
- Risk: safety metrics trail metro and national averages D underwrite security and management practices