| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 79th | Good |
| Demographics | 54th | Good |
| Amenities | 62nd | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 5001 Beach Blvd, Buena Park, CA, 90621, US |
| Region / Metro | Buena Park |
| Year of Construction | 1976 |
| Units | 44 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
5001 Beach Blvd Buena Park Multifamily Investment
This 44-unit property built in 1976 sits within a neighborhood showing 98.9% occupancy rates and median rents of $2,570. Commercial real estate analysis from WDSuite indicates strong rental demand fundamentals in this Orange County location.
The property sits in an inner suburb neighborhood that ranks in the top quartile nationally for occupancy performance, with 98.9% occupancy rates significantly above metro averages. Neighborhood-level median rents of $2,570 place this area in the 97th percentile nationally, reflecting strong rental pricing power within the Los Angeles-Long Beach-Glendale metro.
Demographics within a 3-mile radius show a stable household income profile, with median household income of $109,613 and 40.2% of housing units occupied by renters. The area maintains strong amenity access with high childcare density (97th percentile nationally) and substantial grocery and restaurant availability, supporting tenant retention and leasing velocity.
Built in 1976, the property aligns with the neighborhood's average construction year of 1975, indicating consistent building stock that may present value-add renovation opportunities for investors seeking to modernize units and capture rent premiums. Home values averaging $734,225 reinforce rental demand as elevated ownership costs keep households in the multifamily market.
Forward-looking demographic projections show household growth of 38.9% over the next five years, expanding the potential renter pool and supporting sustained occupancy levels. The rent-to-income ratio of 20% suggests manageable affordability for tenants while maintaining pricing power for property owners.
The neighborhood demonstrates mixed safety metrics relative to the broader Los Angeles metro area. Property crime rates rank in the middle tier among 1,441 metro neighborhoods, though recent trends show improvement with a 35.6% decline in property offenses over the past year, placing the area in the 78th percentile nationally for crime reduction.
Violent crime rates remain moderate compared to metro averages, though investors should monitor recent upticks in violent offenses. Overall safety performance ranks near the metro median, suggesting typical urban-suburban crime patterns that align with comparable Orange County multifamily markets.
The property benefits from proximity to diverse corporate employers that support workforce housing demand and tenant stability throughout the region.
- LKQ — automotive parts distribution (3.1 miles)
- Time Warner Business Class — telecommunications services (4.1 miles)
- International Paper — packaging and paper products (6.2 miles)
- Raytheon Public Safety RTC — defense technology (7.6 miles)
- Edison International — utility services (12.4 miles) — HQ
This Buena Park property presents a compelling value-add opportunity within a neighborhood demonstrating exceptional occupancy stability and strong rental fundamentals. The 1976 construction vintage aligns with area norms while offering renovation upside to capture premium rents in a market showing 98.9% occupancy rates and median rents in the 97th percentile nationally.
Demographic projections indicate substantial household growth over the next five years, supported by diverse employment anchors and elevated home ownership costs that sustain rental demand. According to CRE market data from WDSuite, the combination of occupancy stability, rent growth potential, and manageable tenant affordability ratios creates favorable conditions for both income stability and value creation through strategic improvements.
- Neighborhood occupancy rates of 98.9% rank in top quartile nationally
- Median rents of $2,570 demonstrate strong pricing power in Orange County
- Projected 38.9% household growth supports expanding renter demand
- 1976 vintage presents value-add renovation opportunities
- Risk consideration: Monitor recent violent crime trends and school ratings below metro averages