| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 82nd | Good |
| Demographics | 43rd | Poor |
| Amenities | 46th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 716 S Webster Ave, Anaheim, CA, 92804, US |
| Region / Metro | Anaheim |
| Year of Construction | 1991 |
| Units | 22 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
716 S Webster Ave Anaheim Multifamily Investment
Neighborhood occupancy remains resilient with deep renter demand and a high-cost ownership backdrop, according to WDSuite’s CRE market data. For investors, this points to steady leasing fundamentals with room for targeted value-add.
716 S Webster Ave sits in Anaheim’s Urban Core where neighborhood occupancy trends are strong and renter concentration is high. The neighborhood’s occupancy is in the top quartile nationally and above the metro median among 516 Anaheim–Santa Ana–Irvine neighborhoods, signaling durable demand that can support lease stability.
Local amenities skew practical: grocery access is a standout (top decile nationally), and restaurants are competitive versus peer neighborhoods. Café and pharmacy density is limited in the immediate area, so daily needs skew toward supermarkets and quick-service options rather than boutique retail.
Ownership costs are elevated for the neighborhood (home values near the top of national comparisons and a very high value-to-income ratio). For multifamily investors, this typically sustains reliance on rentals and can support pricing power and retention where properties are well maintained and managed. The renter-occupied share is high relative to U.S. neighborhoods and above the metro median, indicating a broad tenant base for a 22-unit asset.
The property’s 1991 vintage is newer than the neighborhood average year built (1979). That positions it competitively versus older stock, though investors should plan for system upgrades and selective modernization to remain compelling against newer deliveries. Within a 3-mile radius, households increased in recent years and are projected to grow further even as average household size trends lower, which expands the renter pool and supports occupancy stability. These dynamics are based on CRE market data from WDSuite.
Relative to the Anaheim–Santa Ana–Irvine metro, the neighborhood’s crime ranking sits below the metro median among 516 neighborhoods, and national percentiles indicate safety levels below the U.S. average. Property offenses track closer to midrange nationally, while violent offense measures are weaker versus national peers. Investors typically account for this with practical measures such as lighting, access control, and attentive management to support tenant retention.
Trend-wise, recent year-over-year readings point to an uptick, so underwriting should incorporate prudent security capex and operating practices. Framed appropriately, these steps can align risk management with the area’s otherwise solid rental fundamentals. Metrics referenced reflect neighborhood-level comparisons from WDSuite’s CRE market data, not property-level incidents.
Proximity to regional employers supports commute convenience and a stable renter base. Nearby anchors include International Paper (retail packaging), Time Warner Business Class (telecommunications), LKQ (auto parts), United Technologies (aerospace/industrial), and Xerox (business services).
- INTERNATIONAL PAPER Cypress Retail Packaging — retail packaging (3.4 miles)
- Time Warner Business Class — telecommunications (6.1 miles)
- LKQ — auto parts (7.3 miles)
- United Technologies — aerospace/industrial (8.8 miles)
- Xerox — business services (9.1 miles)
This 22-unit, 1991-vintage asset benefits from a renter-heavy neighborhood with occupancy levels above the metro median and in the top quartile nationally, supporting predictable cash flow. Elevated ownership costs in the area reinforce reliance on multifamily housing, while grocery and restaurant density add day-to-day convenience that helps retention. According to CRE market data from WDSuite, the neighborhood’s rent levels and high renter share point to durable demand, with lease management important to balance pricing power and affordability pressure.
Compared with older local stock, the property’s vintage provides a relative edge; selective modernization and systems upgrades can unlock value-add potential without competing head-to-head with new construction. Within a 3-mile radius, households have been rising and are projected to grow as average household sizes trend lower, expanding the renter pool and supporting occupancy stability. Underwriting should also account for neighborhood safety considerations through pragmatic security investments.
- Occupancy above metro median and top quartile nationally supports leasing stability
- High renter-occupied share and elevated ownership costs deepen tenant demand
- 1991 vintage offers competitive positioning with value-add via targeted upgrades
- Strong grocery/restaurant access aids retention and day-to-day livability
- Risk: below-average safety levels and affordability pressure require attentive management