| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 83rd | Good |
| Demographics | 39th | Poor |
| Amenities | 45th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 710 N Gilbert St, Anaheim, CA, 92801, US |
| Region / Metro | Anaheim |
| Year of Construction | 1976 |
| Units | 25 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
710 N Gilbert St Anaheim Multifamily Investment
This 25-unit property benefits from 100% neighborhood-level occupancy and strong renter demand in Orange County's urban core. Commercial real estate analysis indicates sustained rental market fundamentals across the Anaheim submarket according to WDSuite's CRE market data.
The neighborhood demonstrates exceptional occupancy metrics, ranking first among 516 metro neighborhoods with 100% occupancy rates and maintaining stability over the past five years. This Urban Core location offers a renter-dominated housing market, with 51.7% of units occupied by renters, ranking in the 89th percentile nationally and supporting consistent multifamily demand.
Built in 1976, this property aligns with the neighborhood's average construction year of 1969, indicating potential value-add opportunities through strategic capital improvements and unit upgrades. The area's median contract rent of $1,926 has grown 30% over five years, reflecting strong pricing power in this established rental market.
Demographics within a 3-mile radius show a stable tenant base with 245,495 residents and mean household income of $108,743. The area maintains 56.4% renter-occupied housing units, with forecasts projecting a 42% increase in total households by 2028, expanding the potential renter pool and supporting long-term occupancy stability.
The neighborhood offers solid amenity access with pharmacy density ranking in the 90th percentile nationally and park availability in the 96th percentile. While grocery and childcare amenities are limited within the immediate area, the location's strong occupancy performance indicates residents find the overall livability package attractive for rental housing.
Property crime rates in the neighborhood rank 124th among 516 metro neighborhoods, placing it near the median for Orange County. Violent crime rates rank 203rd of 516 neighborhoods, indicating moderate safety conditions relative to the broader metro area.
While property crime increased 59% year-over-year, violent crime showed more modest growth at 7.3%. Investors should monitor these trends as part of ongoing property management and tenant retention strategies, though the neighborhood's sustained high occupancy suggests safety concerns have not significantly impacted rental demand.
The property benefits from proximity to established corporate offices and headquarters across Orange County, providing workforce housing for diverse employment sectors including manufacturing, technology, and financial services.
- INTERNATIONAL PAPER — packaging and manufacturing (4.3 miles)
- Time Warner Business Class — telecommunications services (5.7 miles)
- LKQ — automotive parts distribution (6.4 miles)
- United Technologies — aerospace and defense (7.8 miles)
- First American Financial — insurance and financial services (11.4 miles) — HQ
This 1976-built property offers compelling fundamentals anchored by exceptional neighborhood-level occupancy performance and strong rental market dynamics. The 100% occupancy rate ranks first among 516 metro neighborhoods, while the 56.4% renter-occupied housing share creates sustained multifamily demand. CRE market data from WDSuite indicates the property's vintage presents value-add potential through strategic improvements, supported by 30% rent growth over five years and projected 42% household growth through 2028.
The Urban Core location provides workforce housing access to major Orange County employers while benefiting from established rental market fundamentals. With median household income of $108,743 within three miles and strong occupancy stability, the property is positioned to capture ongoing rental demand in this mature Anaheim submarket.
- Exceptional occupancy performance ranking first among 516 metro neighborhoods
- Strong rental market fundamentals with 30% rent growth over five years
- Value-add potential through strategic capital improvements given 1976 construction
- Projected 42% household growth expanding renter pool through 2028
- Risk consideration: Recent property crime increases require ongoing monitoring and security planning