| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 81st | Good |
| Demographics | 53rd | Fair |
| Amenities | 48th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1300 Estate Dr, La Habra, CA, 90631, US |
| Region / Metro | La Habra |
| Year of Construction | 1972 |
| Units | 24 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1300 Estate Dr La Habra Multifamily Investment
This 24-unit property built in 1972 operates in a neighborhood with 97.4% occupancy, supported by strong renter demand in Orange County's established multifamily market according to CRE market data from WDSuite.
The property operates in La Habra's Urban Core neighborhood, which ranks in the top third among 516 metro neighborhoods for housing metrics with an 86th percentile occupancy rate nationally. Neighborhood-level occupancy of 97.4% outperforms many regional submarkets, while the 39.8% share of renter-occupied housing units supports consistent rental demand.
Built in 1972, this property aligns with the neighborhood's average construction year of 1975, indicating potential value-add opportunities through strategic renovations and unit upgrades. The area's median contract rent of $1,845 has grown 26.4% over five years, though rent-to-income ratios suggest careful lease management considerations in this affordability-conscious market.
Within a 3-mile radius, demographic statistics show a stable population of approximately 107,500 residents with median household income of $112,475. The area maintains strong grocery access with 4.17 stores per square mile ranking in the 94th percentile nationally, while restaurant density of 20.87 per square mile ranks in the 97th percentile, supporting tenant retention through neighborhood amenities.
Forward-looking projections indicate 4.2% population growth through 2028 with household formation expanding by 37.3%, potentially increasing the renter pool. However, the area's limited amenity density in categories like childcare and parks may require property-level amenities to maintain competitive positioning.
Crime data for this specific neighborhood is not currently available in the dataset. Investors should conduct independent safety assessments and consider local law enforcement statistics when evaluating tenant appeal and insurance considerations for this La Habra location.
The property benefits from proximity to major corporate employers across defense, technology, and industrial sectors that support workforce housing demand in Orange County.
- United Technologies — aerospace & defense (4.3 miles)
- LKQ — automotive parts distribution (6.5 miles)
- International Paper — packaging & manufacturing (8.3 miles)
- Edison International — utility services (12.0 miles) — HQ
This 24-unit property offers exposure to Orange County's stable rental market with neighborhood occupancy of 97.4% ranking in the 86th percentile nationally. The 1972 construction year presents value-add potential through unit renovations and common area improvements, while the Urban Core location provides access to employment centers within reasonable commuting distance.
Demographic projections show 37.3% household growth through 2028 with median incomes rising to $147,399, supporting rental demand expansion according to multifamily property research from WDSuite. However, investors should monitor rent-to-income dynamics and consider the area's limited park and childcare amenities when planning tenant retention strategies.
- High neighborhood occupancy at 97.4% indicates stable rental demand
- Value-add potential through strategic renovations of 1972 vintage units
- Projected 37.3% household growth supports expanding renter pool
- Access to major employers including United Technologies and Edison International
- Risk consideration: Limited neighborhood amenities may require property-level enhancements