| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 81st | Good |
| Demographics | 53rd | Fair |
| Amenities | 48th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1421 Eastpark Dr, La Habra, CA, 90631, US |
| Region / Metro | La Habra |
| Year of Construction | 1972 |
| Units | 24 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1421 Eastpark Dr La Habra Multifamily Investment
Neighborhood occupancy trends are competitive and the high-cost ownership landscape supports renter demand, according to WDSuite’s CRE market data. This positions the asset for steady leasing dynamics relative to nearby Orange County alternatives.
Located in La Habra within the Anaheim–Santa Ana–Irvine metro, the neighborhood shows resilient renter fundamentals with occupancy levels that are competitive among 516 metro neighborhoods and in the top quartile nationally, based on CRE market data from WDSuite. Renter-occupied housing comprises roughly two-fifths of local units, indicating a meaningful tenant base that can support multifamily absorption and lease retention.
Daily needs are well served by essentials, with grocery access ranking in the upper tier nationally and a strong concentration of restaurants (both in the mid-90s national percentiles). Immediate access to cafes, parks, childcare, and pharmacies is more limited in the neighborhood core, so residents may rely on nearby corridors for those amenities. For investors, the mix suggests convenience for everyday shopping and dining, with some reliance on short commutes for lifestyle amenities.
Schools in the area average around 3 out of 5 (above the national median), which can support family-oriented demand profiles and longer tenures. The broader neighborhood rating sits in the C- range, reflecting a balanced profile that is above the metro median in housing metrics but not a top-tier amenity hub.
Within a 3-mile radius, the population and household counts have grown modestly and are projected to continue increasing through the next five years, expanding the renter pool. Household sizes have edged down, which often supports steady multifamily demand as more households form and seek units. Elevated home values relative to incomes indicate a high-cost ownership market, which tends to sustain rental demand and support occupancy stability.
The property’s 1972 vintage is slightly older than the neighborhood average build year of 1975. For investors, this points to potential capital planning and value-add opportunities to modernize systems and finishes, helping the asset compete against newer inventory while preserving cost discipline.
Comparable neighborhood-level safety data is not available in this release from WDSuite for this location. Investors typically benchmark trends against city and metro averages and supplement with on-the-ground diligence, police blotters, and insurance quotes to evaluate risk and operating assumptions.
Nearby employers provide a diversified corporate presence that supports renter demand through commute convenience and stable payrolls. Key names within practical driving distance include United Technologies, LKQ, International Paper, Time Warner Business Class, and International Paper s Cypress retail packaging facility.
- United Technologies — corporate offices (4.2 miles)
- LKQ — corporate offices (6.6 miles)
- International Paper — corporate offices (8.4 miles)
- Time Warner Business Class — corporate offices (8.7 miles)
- INTERNATIONAL PAPER Cypress Retail Packaging — corporate offices (10.6 miles)
1421 Eastpark Dr offers a straightforward workforce-oriented thesis: a deep local renter base, competitive neighborhood occupancy, and a high-cost ownership market that reinforces reliance on multifamily. According to WDSuite s commercial real estate analysis, neighborhood occupancy performs in the stronger national tiers while rents remain aligned with area incomes, supporting lease retention and predictable collections.
The 1972 vintage is slightly older than the submarket s average build year, suggesting clear value-add angles in unit modernization and systems updates. Demographic trends within a 3-mile radius point to continued population and household growth, which expands the tenant base and supports long-run absorption even as household sizes gradually decline.
- Competitive neighborhood occupancy supports leasing stability relative to metro peers.
- High-cost ownership environment sustains renter reliance and depth of demand.
- 1972 vintage creates value-add potential through targeted renovations and system upgrades.
- 3-mile population and household growth expand the tenant base over the medium term.
- Consider amenity gaps (parks/cafes) and capital planning for older systems as underwriting risks.