| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 76th | Fair |
| Demographics | 69th | Fair |
| Amenities | 60th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 4437 Casa Grande Cir, Cypress, CA, 90630, US |
| Region / Metro | Cypress |
| Year of Construction | 1972 |
| Units | 112 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
4437 Casa Grande Circle Cypress Multifamily Investment
This 112-unit property benefits from strong neighborhood-level occupancy at 95% and high-income demographics supporting rental demand, with commercial real estate analysis from WDSuite indicating above-average NOI performance in Orange County's competitive multifamily market.
Located in Cypress, this neighborhood ranks in the top quartile nationally for net operating income per unit at $16,272, reflecting strong rental fundamentals in Orange County's established multifamily market. The area maintains 95% occupancy with median contract rents of $2,437, positioning above metro averages for rental performance. Demographics within a 3-mile radius show household incomes averaging $140,202 with 34.8% of housing units occupied by renters, creating a stable tenant base for multifamily properties.
The property's 1972 construction year aligns with the neighborhood average, suggesting potential value-add opportunities through strategic renovations and unit upgrades. Home values averaging $795,905 reinforce rental demand as elevated ownership costs keep households in the multifamily market longer. Projected demographic trends show household growth of 30.4% through 2028, expanding the potential renter pool and supporting occupancy stability.
Local amenities support tenant retention with 3.76 grocery stores per square mile ranking in the 93rd percentile nationally, plus strong school ratings averaging 4.33 out of 5. The neighborhood's B rating reflects balanced fundamentals across housing, demographics, and amenities, while maintaining competitive positioning among Orange County's 516 neighborhoods for multifamily investment considerations.
The neighborhood demonstrates moderate safety metrics with property crime rates at 551 incidents per 100,000 residents, ranking in the middle tier among Orange County's 516 neighborhoods. More encouraging for investors, property crime has declined 20.6% year-over-year, indicating improving conditions that can support tenant retention and property values.
Violent crime remains relatively low at 52 incidents per 100,000 residents and has decreased significantly by 45.8% over the past year, ranking in the 84th percentile nationally for improvement trends. These declining crime patterns suggest stabilizing neighborhood conditions that support long-term rental demand and occupancy performance.
The surrounding area benefits from proximity to diversified corporate employers, providing workforce housing opportunities for professionals in manufacturing, technology, and healthcare sectors.
- INTERNATIONAL PAPER Cypress Retail Packaging — packaging manufacturing (2.7 miles)
- Time Warner Business Class — telecommunications services (2.8 miles)
- LKQ — automotive parts distribution (5.6 miles)
- Airgas — industrial gas supply (7.4 miles)
- Molina Healthcare — healthcare services (9.4 miles) — HQ
This 112-unit property offers compelling fundamentals with neighborhood-level occupancy at 95% and NOI per unit averaging $16,272, ranking in the top quartile nationally according to CRE market data from WDSuite. The 1972 construction year presents value-add opportunities through strategic renovations, while high home values averaging $795,905 reinforce rental demand by keeping ownership costs elevated relative to renting.
Demographics within a 3-mile radius support long-term rental demand with household income growth of 61.6% over five years and projected household expansion of 30.4% through 2028. The neighborhood's diversified employment base and declining crime rates create stability factors that can support occupancy and renewal rates over time.
- Strong NOI performance at $16,272 per unit ranks top quartile nationally
- High neighborhood occupancy at 95% indicates stable rental demand
- Value-add potential from 1972 construction with renovation upside
- Projected 30.4% household growth through 2028 expands tenant base
- Risk consideration: Capital expenditure planning needed for 50+ year vintage