| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 84th | Best |
| Demographics | 41st | Poor |
| Amenities | 75th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 300 S Monte Vista St, La Habra, CA, 90631, US |
| Region / Metro | La Habra |
| Year of Construction | 1979 |
| Units | 26 |
| Transaction Date | 2005-08-09 |
| Transaction Price | $4,300,000 |
| Buyer | 300 SOUTH MONTE VISTA PROPERTIES LLC |
| Seller | MJS LH LLC |
300 S Monte Vista St La Habra Multifamily Opportunity
Neighborhood fundamentals indicate resilient renter demand and top‑quartile occupancy stability for the submarket, according to WDSuite’s CRE market data. This supports underwriting geared toward steady operations rather than aggressive lease‑up assumptions in La Habra, California.
The property is positioned in La Habra’s Urban Core, where neighborhood occupancy performs in the top decile nationally and ranks within the top quartile among 516 metro neighborhoods—an indicator of stable leasing conditions for multifamily operators. The share of renter‑occupied housing is also top quartile locally, pointing to a deep tenant base that supports renewal velocity and reduces exposure to volatile demand shifts.
Amenity access is a strength: parks and recreation trend in the mid‑90s national percentile, restaurants in the low‑90s, and cafes in the high‑80s. Grocery options are solid (low‑70s percentile), while pharmacy presence is comparatively thin—slightly affecting convenience but unlikely to alter rental demand fundamentals meaningfully.
School options average about 3 out of 5 and are above the metro median (ranked 209 of 516), broadening appeal to a wider renter profile. Household incomes outpace national norms, and asking rents sit in the upper national percentiles—conditions that can sustain pricing power without materially elevating near‑term retention risk.
Within a 3‑mile radius, demographics show a stable population base with modest household growth and smaller average household sizes over time—dynamics that generally expand the renter pool and support occupancy. Forward projections point to continued income growth alongside higher asking rents, according to WDSuite’s commercial real estate analysis, reinforcing long‑run renter demand.
Safety indicators compare favorably at the national level, trending in the top quintile for lower violent and property offense rates. Recent data also shows a marked year‑over‑year decline in property offenses, based on WDSuite’s CRE market data, which supports leasing stability and resident retention.
Conditions can vary within any infill area, but the broader pattern suggests comparatively strong safety performance versus many U.S. neighborhoods—an operational tailwind for multifamily assets.
Nearby demand is diversified across auto parts distribution, aerospace/industrial, packaging, telecom, and utilities. Proximity to LKQ, United Technologies, International Paper, Time Warner Business Class, and Edison International supports commute convenience and a durable renter base.
- LKQ — auto parts distribution (5.1 miles)
- United Technologies — aerospace/industrial (5.5 miles)
- International Paper — packaging (7.0 miles)
- Time Warner Business Class — telecom (7.4 miles)
- Edison International — utilities (11.2 miles) — HQ
300 S Monte Vista St is a 26‑unit infill community in a neighborhood that demonstrates high occupancy and a top‑quartile renter concentration within the Anaheim–Santa Ana–Irvine metro. Elevated home values locally reinforce reliance on multifamily housing, while a comparatively low rent‑to‑income ratio supports resident retention and predictable collections. According to CRE market data from WDSuite, neighborhood occupancy trends near the top of national benchmarks, aligning with an income profile that can sustain rent levels without aggressive concessions.
Within a 3‑mile radius, households are increasing while average household size trends lower—effectively expanding the renter pool over time. Income growth outpacing historic norms and projected rent growth point to durable, fundamentals‑driven demand. Operators should plan for routine system upgrades typical for assets of this age and monitor modest population softness, but underwriting can lean on stable occupancy, diversified nearby employment, and steady renter demand.
- High neighborhood occupancy and top‑quartile renter concentration support leasing stability
- Elevated ownership costs reinforce reliance on rentals and sustained demand
- 3‑mile radius shows rising incomes and more households, expanding the renter base
- Diverse nearby employers underpin tenant demand and retention
- Risks: thinner pharmacy access, slight population softness, and routine capex for aging systems