| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 82nd | Good |
| Demographics | 38th | Poor |
| Amenities | 88th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 3137 W Ball Rd, Anaheim, CA, 92804, US |
| Region / Metro | Anaheim |
| Year of Construction | 1974 |
| Units | 24 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
3137 W Ball Rd Anaheim Multifamily Investment
Neighborhood fundamentals point to steady renter demand and high occupancy, according to WDSuite s CRE market data. Metrics cited here reflect the surrounding neighborhood rather than the property itself.
The property sits in an Urban Core neighborhood of Anaheim rated B+ and competitive among Anaheim Santa Ana Irvine neighborhoods (rank 166 of 516). Retail and daily-needs access are a clear strength the area scores in the top quartile nationally for grocery, dining, and cafes, supporting resident convenience and leasing appeal.
Neighborhood occupancy runs above national medians and has trended up over five years, while a high share of renter-occupied housing units (around seven in ten) indicates a deep tenant base for multifamily operators. Median contract rents in the neighborhood are elevated versus the U.S., and, based on WDSuite s multifamily property research, this positioning typically supports pricing power when paired with strong amenity access.
Within a 3-mile radius, the population is broadly stable with households increasing recently and projected to expand further, implying a larger tenant pool over time even as average household size moderates. School ratings in the area are mid-range, which can support family-oriented renter demand without being the primary draw.
Home values in the neighborhood are high relative to the nation, reflecting a high-cost ownership market. For investors, this often sustains reliance on rental housing and can support retention, though it warrants careful income-to-rent monitoring for lease management.
Safety conditions are mixed. Compared with neighborhoods nationwide, the area sits near the middle for property crime (around the national median) but below the national median for violent-offense safety. Within the Anaheim Santa Ana Irvine metro, the neighborhood ranks in the lower tier on crime (weaker than many of the 516 metro neighborhoods), so expectations should be set accordingly.
Recent-year estimates indicate an uptick in reported violent and property offenses versus the prior year. Investors typically account for these trends with security measures, lighting, access controls, and resident engagement, and by underwriting conservative loss factors. As always, evaluate property-level history and recent local enforcement initiatives rather than relying solely on neighborhood aggregates.
Nearby employment is diversified, offering commute-friendly access for residents and supporting leasing stability. Key employers in proximity include International Paper (retail packaging), Time Warner Business Class (telecom), LKQ (auto parts), and Raytheon Public Safety RTC (defense-related offices).
- INTERNATIONAL PAPER Cypress Retail Packaging packaging (1.8 miles)
- Time Warner Business Class telecom services (5.0 miles)
- LKQ auto parts distribution (6.8 miles)
- Raytheon Public Safety RTC defense & aerospace offices (10.2 miles)
3137 W Ball Rd totals 24 units in a neighborhood with above-median occupancy and strong amenity access, supporting leasing durability. The property s 1974 vintage suggests planning for ongoing capital needs and selective renovations, creating value-add potential relative to older nearby stock while keeping an eye on systems modernization.
Household counts within a 3-mile radius are rising and are projected to expand further, indicating a larger tenant base and support for occupancy stability. Elevated home values in the neighborhood point to a high-cost ownership market that tends to reinforce reliance on rental housing; however, income-to-rent pressures merit attentive lease management. According to CRE market data from WDSuite, neighborhood occupancy and amenity density compare favorably to national benchmarks, which can aid retention and pricing discipline.
- Above-median neighborhood occupancy and strong amenity access support leasing stability.
- Deep renter-occupied housing base indicates durable multifamily demand in the submarket.
- 1974 vintage offers value-add opportunity via targeted renovations and systems upgrades.
- High-cost ownership environment can underpin renter retention and pricing power.
- Risks: affordability pressure and below-metro-average safety require prudent underwriting and asset management.