| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 85th | Best |
| Demographics | 71st | Good |
| Amenities | 77th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 8601 Walker St, Cypress, CA, 90630, US |
| Region / Metro | Cypress |
| Year of Construction | 1987 |
| Units | 32 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
8601 Walker St Cypress 32-Unit Multifamily Opportunity
Positioned in an A-rated Cypress neighborhood with metro-leading occupancy measured for the neighborhood—not the property—this asset benefits from steady renter demand, according to WDSuite’s CRE market data.
The property sits in an A-rated neighborhood ranked 60 out of 516 within the Anaheim–Santa Ana–Irvine metro, placing it in the top quartile among metro neighborhoods. Local living fundamentals are supported by strong retail and daily-needs access, which helps sustain renter demand and lease retention.
Amenities are a notable strength. Neighborhood densities for grocery stores and restaurants track in the top quartile nationally, and parks and cafes also rank well, offering convenience that supports leasing and renewal activity. Average school ratings are likewise strong (top decile nationally), which can bolster stability for family-oriented renters.
At the neighborhood level, the share of renter-occupied housing is meaningful, providing depth to the tenant base for multifamily. Elevated home values relative to national benchmarks indicate a high-cost ownership market, which tends to sustain reliance on rental housing and can support pricing power, while still requiring careful lease management around affordability.
Within a 3-mile radius, demographics show households edging higher even as population trends are mixed, implying smaller household sizes and a gradual expansion of the renter pool—factors that support occupancy stability. Neighborhood rent-to-income levels align with sustained leasing, suggesting scope for disciplined rent strategies. The property’s 1987 vintage is slightly newer than the neighborhood’s average stock, offering competitive positioning with potential to capture value through targeted modernization of interiors and building systems.
Safety indicators are mixed and should be considered in underwriting. The neighborhood’s crime rank of 327 out of 516 metro neighborhoods signals higher reported incidents than many parts of the metro and below-average safety versus national comparisons. Recent estimates show a notable year-over-year decline in property crime, while violent crime trends have been less favorable—suggesting prudent security measures, lighting, and resident engagement can help support retention.
Nearby employers in packaging, telecom services, automotive distribution, defense/public safety technology, and industrial gases provide a diversified employment base that supports renter demand and commute convenience at the neighborhood level.
- INTERNATIONAL PAPER Cypress Retail Packaging — packaging (2.6 miles)
- Time Warner Business Class — telecom services (2.6 miles)
- LKQ — auto parts distribution (5.1 miles)
- Raytheon Public Safety RTC — defense & public safety tech (7.8 miles)
- Airgas — industrial gases (8.1 miles)
This 32-unit asset at 8601 Walker St benefits from durable renter demand in a top-quartile Anaheim–Santa Ana–Irvine neighborhood, supported by strong daily-needs access, highly rated schools, and metro-leading neighborhood occupancy. Elevated ownership costs locally tend to sustain multifamily demand, and neighborhood-level rent-to-income metrics suggest room for disciplined rent growth and stable renewals. According to commercial real estate analysis from WDSuite, the surrounding area’s amenity depth and school quality continue to compare favorably to national benchmarks.
Built in 1987, the property is slightly newer than the neighborhood’s average vintage, offering competitive positioning with potential value-add through targeted system updates and interior upgrades. Within a 3-mile radius, households are trending upward even as population is flat to slightly down, signaling smaller household sizes and a gradually expanding renter pool—supportive of occupancy stability with thoughtful leasing and retention strategies.
- A-rated, top-quartile neighborhood within the Anaheim–Santa Ana–Irvine metro with strong daily-needs access
- Elevated home values reinforce reliance on rental housing, supporting pricing power with prudent lease management
- 1987 vintage provides competitive positioning and value-add potential through targeted modernization
- 3-mile household growth and smaller household sizes point to a gradually expanding renter pool
- Risks: below-average safety versus national comparisons; manage via security measures and resident engagement