| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 79th | Fair |
| Demographics | 34th | Poor |
| Amenities | 26th | Poor |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 3070 E Frontera St, Anaheim, CA, 92806, US |
| Region / Metro | Anaheim |
| Year of Construction | 1976 |
| Units | 86 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
3070 E Frontera St Anaheim Multifamily Investment
Neighborhood occupancy has trended stable with a deep renter base and an ownership market that skews high-cost for buyers, according to WDSuite’s CRE market data. That combination supports durable renter demand at this address.
Situated in Anaheim’s inner suburbs within the Anaheim–Santa Ana–Irvine metro, the location offers everyday convenience with solid retail and grocery access. Neighborhood restaurants index well versus nationwide (competitive density), while grocery options are also comparatively strong; park, cafe, and pharmacy density is more limited, which can modestly affect lifestyle convenience. Average school ratings in the immediate area trend below national medians, a factor some renters weigh, though workforce-oriented demand typically anchors leasing.
For investors, the neighborhood’s occupancy has been resilient and currently sits in the upper quartile nationally, signaling steady absorption and leasing performance at the neighborhood level (not the property). Renter-occupied share is above the metro median among the 516 neighborhoods tracked, indicating a deeper tenant pool and more consistent turnover velocity for multifamily assets.
Within a 3-mile radius, demographics show a large, diversified population with recent population growth and an uptick in household counts, which expands the tenant base. Forward-looking data points to households continuing to rise while average household size trends lower, a pattern that tends to support demand for rental units and occupancy stability. Household incomes have grown meaningfully, and median contract rents in the area reflect the region’s strong pricing power; these dynamics are consistent with Orange County’s position as a high-cost ownership market, which generally sustains multifamily demand.
The building’s 1976 vintage is slightly older than the local average construction year. That age profile can present value‑add and capital planning opportunities—modernizing interiors, systems, and common areas to better compete against newer stock—while benefiting from neighborhood-level rent fundamentals. Based on CRE market data from WDSuite, neighborhood NOI per unit trends above national medians, aligning with investor interest in stabilized cash flow with selective upgrade potential.
Safety indicators for the neighborhood are mixed. Relative to the 516 neighborhoods in the Anaheim–Santa Ana–Irvine metro, the area ranks toward the lower end on crime, and its national safety percentile is below the median, indicating more incidents than many U.S. neighborhoods. Recent year-over-year estimates suggest an uptick in both property and violent offense rates, so investors should underwrite with prudent security and insurance assumptions and monitor ongoing trend data.
Framing this comparatively: the current positioning is below metro averages and not in the top quartile nationally. Owners often address this through well-managed access control, lighting, and proactive on‑site operations; lease management and tenant screening can also support retention where safety perceptions influence renter preferences.
The submarket draws from a broad Orange County employment base, supporting workforce housing demand and reasonable commute times. Key nearby corporate offices include United Technologies, Xerox, First American Financial, International Paper, and Western Digital.
- United Technologies — corporate offices (4.6 miles)
- Xerox — corporate offices (6.9 miles)
- First American Financial — corporate offices (9.9 miles) — HQ
- INTERNATIONAL PAPER Cypress Retail Packaging — corporate offices (10.1 miles)
- Western Digital — corporate offices (12.1 miles) — HQ
This 86‑unit asset built in 1976 sits in a neighborhood where occupancy remains strong and renter concentration is above the metro median, creating a sizable tenant base. The 3‑mile trade area shows rising households and smaller average household sizes over time, expanding near‑term renter pools and supporting lease‑up and retention. Elevated ownership costs in Orange County and neighborhood‑level rent performance point to sustained demand for well‑managed units; paired with the property’s older vintage, there is clear scope for targeted renovations to enhance competitiveness and push effective rents where appropriate.
According to commercial real estate analysis from WDSuite, the neighborhood’s NOI per unit and occupancy trends compare favorably to national medians, while rent-to-income levels suggest some affordability pressure that owners should manage through unit mix, renewal strategies, and amenity positioning. The investment case centers on durable renter demand with potential value‑add upside, balanced against operating diligence on affordability and safety perceptions.
- Stable neighborhood occupancy and above-median renter concentration support demand
- High-cost ownership context reinforces reliance on multifamily housing
- 1976 vintage offers value-add potential through selective renovations
- 3-mile radius shows growing households and a larger renter pool
- Risks: below-median safety positioning and renter affordability require proactive management