| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 81st | Good |
| Demographics | 76th | Good |
| Amenities | 91st | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 9600 Walker St, Cypress, CA, 90630, US |
| Region / Metro | Cypress |
| Year of Construction | 1972 |
| Units | 35 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
9600 Walker St, Cypress CA Multifamily Investment
Neighborhood occupancy registers at 97.9%, pointing to steady leasing conditions supported by a high-cost ownership market, according to WDSuite’s CRE market data. For investors, this suggests durable renter demand and potential pricing power relative to nearby submarkets.
Positioned in Cypress within the Anaheim–Santa Ana–Irvine metro, the neighborhood carries an A+ rating and ranks 17 out of 516 metro neighborhoods — firmly top quartile. Amenity access is strong (parks, cafés, groceries, pharmacies), and schools benchmark at the 100th national percentile, which tends to reinforce retention for family-oriented renter cohorts.
The area’s occupancy averages 97.9% with a modest five-year uptick, indicating stable absorption and limited vacancy-driven concessions. Median contract rents in the neighborhood sit near the high end of the metro, while the rent-to-income ratio of 0.19 suggests manageable affordability pressure that can support lease renewals and controlled turnover. For deeper context, these metrics represent neighborhood-level performance rather than property-specific operations.
Within a 3-mile radius, population has been broadly stable while household counts increased modestly and are projected to rise further by 2028, pointing to a larger tenant base over time. Income growth has been notable historically with additional gains forecast, and median home values remain elevated for the neighborhood — dynamics that typically sustain multifamily demand by keeping rental housing a preferred option for many households.
Vintage matters for competitive positioning: the property was built in 1972, slightly older than the neighborhood average construction year of 1976. That age profile can support a value‑add plan or targeted systems modernization to enhance unit mix appeal against newer stock, while capital planning should account for mid- to long-term building systems and common-area improvements. For investors doing multifamily property research, these neighborhood signals — from top-tier schools to high occupancy — provide a constructive backdrop, based on CRE market data from WDSuite.
Safety indicators are mixed relative to both the metro and national context. The neighborhood’s crime rank is 358 out of 516 metro neighborhoods, which is below the metro average on safety. Nationally, violent and property offense measures track in the lower percentiles (around the mid‑30s), signaling a weaker-than-average safety profile versus neighborhoods nationwide.
Recent momentum is nuanced: estimated property offense rates have edged down year over year, while estimated violent offense rates show an uptick. Investors should underwrite to submarket norms rather than block-level assumptions and consider measures such as on-site lighting, access controls, and resident engagement to support leasing stability.
Nearby corporate offices provide a diversified employment base and commute convenience that can support renter demand and lease retention. The employers below reflect industrial, telecom, distribution, and public-safety technology nodes within a roughly 12-mile radius.
- INTERNATIONAL PAPER Cypress Retail Packaging — packaging (1.6 miles)
- Time Warner Business Class — telecom services (3.5 miles)
- LKQ — auto parts distribution (6.1 miles)
- Airgas — industrial gases (8.6 miles)
- Raytheon Public Safety RTC — public safety technology (8.6 miles)
9600 Walker St is a 35‑unit asset with average unit sizes around 796 sq. ft., positioned in a top‑quartile Cypress neighborhood where occupancy trends remain tight and school quality sits at the top of national benchmarks. Elevated neighborhood home values and a rent‑to‑income ratio near 0.19 support retention and limit concession pressure relative to many coastal submarkets, based on commercial real estate analysis from WDSuite.
The 1972 vintage is slightly older than the local average, creating an avenue for targeted value‑add — kitchens, baths, and common-area upgrades — to improve rent positioning against newer competitive stock. With stable 3‑mile household growth historically and notable gains projected by 2028, the renter pool expansion supports long‑term leasing durability; investors should pair this with prudent capital planning and realistic expense inflation assumptions.
- Tight neighborhood occupancy and high home values underpin resilient rental demand
- Top‑tier school ratings and strong amenities support family renter retention
- 1972 vintage offers value‑add potential via interior and systems modernization
- Key risks: below‑metro‑average safety indicators and aging systems require capex planning