| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 82nd | Good |
| Demographics | 38th | Poor |
| Amenities | 88th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 401 S Beach Blvd, Anaheim, CA, 92804, US |
| Region / Metro | Anaheim |
| Year of Construction | 1978 |
| Units | 30 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
401 S Beach Blvd Anaheim Multifamily Investment
Neighborhood-level data indicate steady occupancy and deep renter demand around 401 S Beach Blvd, according to WDSuite’s CRE market data. For investors, this submarket’s renter concentration and amenity access support durable leasing while warranting close attention to affordability and retention.
The property sits within an Urban Core pocket of Anaheim that scores in the top quartile nationally for overall amenities, with particularly dense cafe and restaurant options (both near the high-90s percentiles nationwide). Grocery access also ranks near the top nationally, which reinforces daily convenience and supports renter retention.
Neighborhood multifamily occupancy is 96.8%, which is above the metro median (ranked 216 out of 516 Anaheim–Santa Ana–Irvine neighborhoods), a positive indicator for cash-flow stability. Renter-occupied housing units account for a high share of the stock (70.9%), placing this area in the top quartile among 516 metro neighborhoods and signaling a deep tenant base for multifamily operators.
Within a 3-mile radius, population was essentially flat over the last five years while household counts increased and average household size fell. Looking ahead, WDSuite data show households are projected to rise further by 2028 alongside higher median incomes, expanding the renter pool and supporting occupancy stability for well-managed assets.
Homeownership is a high-cost proposition locally, with median home values elevated versus national norms and a value-to-income ratio at the top of national distributions. This context tends to reinforce reliance on multifamily housing and can support pricing power; however, a high rent-to-income ratio points to affordability pressure that calls for disciplined lease management. School ratings in the neighborhood sit modestly above the national median, which can help sustain family-oriented renter demand.
Safety conditions in this neighborhood are mixed compared with broader benchmarks. The area’s crime rank is 455 out of 516 within the Anaheim–Santa Ana–Irvine metro, indicating below-metro-average safety, and national comparisons place the neighborhood below the U.S. median for safety. Recent one-year changes show reported violent and property offense rates have moved higher, so investors should underwrite with conservative operating assumptions and consider how property-level measures and management practices can support resident confidence.
Nearby corporate employment anchors provide a broad commuter base that supports renter demand and lease retention, including International Paper (packaging), Time Warner Business Class (telecom), LKQ (auto parts), United Technologies (industrial/aerospace), and Raytheon Public Safety RTC (defense-related offices).
- INTERNATIONAL PAPER Cypress Retail Packaging — packaging (2.5 miles)
- Time Warner Business Class — telecom services (4.9 miles)
- LKQ — auto parts distribution (6.4 miles)
- United Technologies — industrial & aerospace offices (9.6 miles)
- Raytheon Public Safety RTC — defense-related offices (10.0 miles)
401 S Beach Blvd is a 30-unit 1978 vintage asset positioned in an amenity-rich Urban Core location of Anaheim. Neighborhood occupancy is above the metro median and the renter-occupied share sits in the top quartile locally, indicating a deep tenant base and potential for steady cash flow. Elevated home values in the area tend to sustain rental demand, while WDSuite’s CRE market data indicate that rents and occupancy remain competitive versus metro peers. Given the 1978 construction, investors should plan for targeted modernization to maintain competitiveness against newer stock.
Within a 3-mile radius, household growth alongside smaller household sizes points to a broadened renter pool over the medium term, supporting leasing velocity. At the same time, high rent-to-income ratios introduce affordability pressure, and safety metrics trail metro averages—factors that argue for conservative underwriting and proactive asset management.
- Above-metro-median occupancy and a top-quartile renter-occupied share support demand depth
- Amenity-rich Urban Core location with strong daily-needs access aids retention
- High ownership costs locally reinforce reliance on multifamily housing
- 1978 vintage offers value-add potential through targeted system and interior upgrades
- Risks: elevated rent-to-income and below-metro-average safety warrant conservative leasing and expense assumptions