| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 73rd | Poor |
| Demographics | 53rd | Fair |
| Amenities | 31st | Poor |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 11201 Euclid St, Garden Grove, CA, 92840, US |
| Region / Metro | Garden Grove |
| Year of Construction | 1975 |
| Units | 36 |
| Transaction Date | 1997-01-30 |
| Transaction Price | $1,660,000 |
| Buyer | EUCLID STREET INVESTORS LLC |
| Seller | DEVENIS ALGIRDAS M |
11201 Euclid St Garden Grove Multifamily Investment
Positioned in Orange County s Urban Core, this 36-unit asset aligns with steady neighborhood occupancy and a deep renter base, according to WDSuite s CRE market data. Elevated ownership costs in the area help sustain multifamily demand and support tenant retention.
Garden Grove s Urban Core setting offers strong day-to-day convenience, with restaurants and cafes scoring in the top decile nationally, while childcare availability also compares favorably. Daily-needs retail such as groceries and pharmacies is thinner directly within the neighborhood, so resident convenience relies more on nearby commercial corridors than on immediate block-level options.
Neighborhood occupancy trends are solid relative to national norms, and the local renter-occupied share is above many Orange County areas, indicating depth in the tenant base and supporting leasing stability. Median contract rents in the neighborhood sit above most U.S. submarkets, suggesting pricing power when paired with income levels that are also above national medians.
Within a 3-mile radius, the population has edged down slightly in recent years while household counts have increased, indicating smaller average household sizes and a gradual expansion of the renter pool. Forward-looking projections show continued income growth and higher asking rents, which, if realized, would reinforce demand for well-managed units and favor properties that balance rent increases with retention.
The median home value here ranks in the upper tier nationally, a high-cost ownership backdrop that tends to keep multifamily housing competitive by reinforcing renter reliance on apartments. Average school ratings test above national norms, which can aid family-oriented retention for larger floor plans.
The property s 1975 vintage is newer than the neighborhood s older average building stock (1960s era), offering relative competitiveness versus legacy assets. Investors should still plan for targeted modernization to systems and interiors to meet current renter expectations and to support rent growth strategies.
Neighborhood safety indicators compare favorably to national averages overall, with both property and violent offense levels positioned in higher national percentiles for safety. Recent trends are mixed: estimated property offenses have improved notably over the past year, while violent offense measures show some near-term volatility. In the regional context, the area is competitive among the 516 Anaheim Santa Ana Irvine neighborhoods, though investors should monitor trend direction as part of ongoing risk management.
The nearby employment base spans packaging, technology, financial services, and telecom, supporting a broad commuter tenant pool and helping stabilize renter demand from workforce to professional households.
- INTERNATIONAL PAPER Cypress Retail Packaging packaging (4.7 miles)
- Xerox technology & business services (6.9 miles)
- First American Financial financial services (8.3 miles) HQ
- Time Warner Business Class telecom & enterprise services (8.3 miles)
- United Technologies aerospace & industrial offices (9.0 miles)
11201 Euclid St brings 36 units with larger-average floor plans to a renter-heavy Urban Core in Orange County. Based on CRE market data from WDSuite, neighborhood occupancy is stable and the renter-occupied share is comparatively high, while elevated home values create a high-cost ownership environment that tends to sustain apartment demand and support lease retention.
Within a 3-mile radius, household counts have grown even as population trends have flattened, pointing to smaller households and a broader tenant base. The 1975 construction is newer than much of the surrounding 1960s stock, giving the asset a competitive footing versus older properties, with value-add potential through selective modernization to capture rent growth while managing affordability pressure.
- Stable neighborhood occupancy and a renter base above many local areas support demand durability
- High home values reinforce reliance on multifamily housing and can aid pricing power
- 1975 vintage offers competitive positioning versus older stock, with targeted value-add upside
- 3-mile household growth and income gains expand the tenant pool and support retention
- Risks: mixed near-term safety trends and thinner immediate access to daily-needs retail warrant monitoring