| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 81st | Good |
| Demographics | 32nd | Poor |
| Amenities | 65th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 347 E La Habra Blvd, La Habra, CA, 90631, US |
| Region / Metro | La Habra |
| Year of Construction | 1979 |
| Units | 56 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
347 E La Habra Blvd, La Habra CA Multifamily Investment
Neighborhood occupancy has held at solid levels with strong park and grocery access supporting renter demand, according to WDSuite’s CRE market data. High home values in Orange County further reinforce reliance on rentals, aiding lease stability for well-managed assets.
Located in La Habra’s Urban Core within the Anaheim–Santa Ana–Irvine metro, the neighborhood is competitive among metro peers for overall livability (ranked 170 of 516) and shows above‑average national occupancy readings. Park and daily-needs access are standouts: parks density ranks at the top nationally, with groceries and restaurants in the mid-to-high 90s percentiles — a convenience profile that helps retention and supports steady leasing.
Homeownership costs are elevated (median home values in the 92nd percentile nationally; value-to-income near the 95th percentile), which typically sustains depth in the renter pool and can bolster pricing power for professionally operated properties. At the same time, cafes and pharmacies are less concentrated locally, which may require residents to rely on nearby corridors for certain services.
The share of renter-occupied housing in the neighborhood is above the metro median and in the upper national percentiles, indicating a meaningful base of tenants for a 56‑unit property. Neighborhood occupancy is above national averages, which supports expectations for demand stability rather than outsized vacancy risk.
Demographic indicators within a 3‑mile radius point to a stable-to-growing tenant base: recent population edged up while households increased, and forecasts show additional household growth alongside smaller household sizes. That combination typically broadens the pool of renters and can support occupancy and lease-up, even if population growth is modest.
Built in 1979, the asset is older than the neighborhood’s average construction year (1989). Investors should plan for capital improvements and consider value‑add strategies (unit finishes, systems, common areas) to remain competitive against newer stock while capturing demand supported by the area’s strong amenity access and high-cost ownership market.
Safety signals are mixed but trending constructive in key areas. Violent offense conditions benchmark in the higher national percentiles (safer than many neighborhoods nationwide) with a notable year‑over‑year improvement, while overall crime levels sit modestly better than national norms. Property offenses show more variability, including a recent one‑year increase, suggesting continued emphasis on lighting, access control, and tenant engagement can help manage risk.
For investors, the takeaway is comparative: the neighborhood’s violent‑crime position is favorable versus national peers, whereas property‑crime metrics warrant routine operational safeguards and coordination with local resources. These signals provide context rather than block‑level guarantees.
Nearby employers provide a diversified employment base that supports renter demand and commute convenience, including United Technologies, LKQ, International Paper, Time Warner Business Class, and Raytheon Public Safety RTC.
- United Technologies — aerospace/industrial offices (4.9 miles)
- LKQ — automotive parts & services (5.9 miles)
- International Paper — packaging & paper (7.7 miles)
- Time Warner Business Class — telecom/business services (8.1 miles)
- Raytheon Public Safety RTC — defense & technology facilities (10.0 miles)
347 E La Habra Blvd sits in a neighborhood with strong park and grocery access, above‑average national occupancy, and a renter-occupied share above the metro median — all supportive of leasing durability. Elevated home values in Orange County indicate a high‑cost ownership market, which tends to sustain multifamily demand and reduce competitive pressure from for‑sale alternatives. According to CRE market data from WDSuite, neighborhood occupancy is solid while amenities benchmark well nationally, framing a favorable backdrop for steady operations.
Constructed in 1979, the property is older than the local average vintage, creating a practical path for value‑add upgrades and systems planning to compete with newer stock. Within a 3‑mile radius, households have increased and are projected to expand alongside smaller household sizes, which can broaden the renter pool and support occupancy stability. Investors should also underwrite routine security and maintenance protocols given mixed signals in property‑crime trends and the lighter presence of certain amenities like pharmacies.
- High‑cost ownership market reinforces rental demand and retention
- Above‑average national occupancy and strong daily‑needs access support leasing stability
- 1979 vintage offers value‑add potential through unit and systems upgrades
- 3‑mile household growth and smaller household sizes expand the renter base
- Risks: property‑crime variability and limited cafe/pharmacy density warrant operational focus