| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 82nd | Good |
| Demographics | 43rd | Poor |
| Amenities | 46th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 724 S Webster Ave, Anaheim, CA, 92804, US |
| Region / Metro | Anaheim |
| Year of Construction | 1979 |
| Units | 22 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
724 S Webster Ave Anaheim Multifamily Investment
Neighborhood occupancy is above the metro median and has remained stable, supporting income durability according to WDSuite’s CRE market data. High-cost ownership dynamics in Orange County further sustain renter demand in this submarket.
This Urban Core pocket of Anaheim offers day-to-day convenience with strong grocery access (top national tier) and dense dining options, while parks are comparatively available for an in-fill location. Cafe and pharmacy density is thinner, which investors should consider when positioning amenities and services on site.
Rents in the neighborhood trend in the upper national ranges (around the 85th percentile), and occupancy performance is strong versus U.S. peers (81st percentile). Within the Anaheim–Santa Ana–Irvine metro, occupancy ranks 227 out of 516 neighborhoods—above the metro median—indicating resilient leasing fundamentals rather than outsized volatility.
The neighborhood’s housing metrics score well (top quartile nationally), and the share of housing units that are renter-occupied is elevated, signaling a deep tenant base for multifamily demand. Median home values sit in a high-cost ownership context (roughly 95th percentile nationwide) and value-to-income ratios are also high (near the 99th percentile), which tends to reinforce renter reliance on multifamily housing and can aid pricing power with prudent lease management.
Demographic statistics within a 3-mile radius show households have grown over the past five years, with forecasts indicating further increases alongside smaller average household sizes. Even as population is projected to edge down modestly, more households and shifting household composition point to a larger renter pool and can support occupancy stability over the medium term.
Safety indicators suggest the area performs below national averages, with crime measures landing in the lower national percentiles. Within the Anaheim–Santa Ana–Irvine metro, the neighborhood ranks 470 out of 516 on crime—placing it in the weaker cohort locally. Recent year-over-year data also indicate increases in reported offense rates. Investors should underwrite with conservative assumptions, incorporate security best practices, and monitor trendlines rather than relying on block-level anecdotes.
Nearby employers span packaging, telecom, automotive distribution, and diversified industrials, with a major title and settlement services headquarters in the broader commute shed. This employment base supports workforce housing demand and can aid retention through commute convenience.
- INTERNATIONAL PAPER Cypress Retail Packaging — packaging (3.36 miles)
- Time Warner Business Class — telecom services (6.17 miles)
- LKQ — automotive parts distribution (7.37 miles)
- United Technologies — diversified industrials (8.87 miles)
- First American Financial — title & settlement services (10.41 miles) — HQ
724 S Webster Ave is a 22-unit, in-fill Anaheim asset positioned in a high-renter, high-cost ownership environment that supports durable multifamily demand. Neighborhood occupancy is above the metro median and in the upper national percentiles, while median home values and value-to-income ratios rank among the highest nationally—factors that tend to sustain renter reliance and support pricing power with disciplined lease management, according to CRE market data from WDSuite.
Within a 3-mile radius, households have expanded and are projected to grow further even as average household size declines, which points to renter pool expansion and supports leasing stability. Amenity access is strongest for groceries and restaurants, suggesting convenience for residents; thinner cafe and pharmacy density and below-average safety metrics are prudent underwriting considerations rather than deal breakers for well-operated workforce housing.
- Occupancy above metro median with resilient neighborhood leasing performance.
- Elevated home values and ownership costs reinforce renter reliance and pricing power.
- 3-mile household growth and smaller household sizes support a larger tenant base.
- In-fill location with strong grocery and dining access enhances livability.
- Risks: safety metrics below national averages; thinner cafe/pharmacy presence—underwrite security and service positioning.