| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 74th | Poor |
| Demographics | 24th | Poor |
| Amenities | 56th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 600 W La Jolla St, Placentia, CA, 92870, US |
| Region / Metro | Placentia |
| Year of Construction | 1978 |
| Units | 112 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
600 W La Jolla St, Placentia CA Multifamily Investment
Balanced occupancy and a deep renter base in an inner-suburban pocket of Orange County point to steady leasing fundamentals, according to WDSuite s CRE market data.
This inner-suburban location in Placentia benefits from everyday conveniences and proximity to employment across the Anaheim Santa Ana Irvine metro. Grocery access is competitive among metro neighborhoods (ranked 94 of 516), and restaurants and cafes score above national norms, supporting renter appeal for 112 garden-style units averaging roughly 600 square feet.
Neighborhood occupancy is around national mid-range, while the share of housing units that are renter-occupied is high for the area, indicating a sizable tenant base and potential for stable leasing. Within a 3-mile radius, demographics show essentially flat population levels alongside growth in households and families over recent years, which can translate to a larger tenant base even as household sizes trend slightly smaller.
Home values in the surrounding neighborhood sit on the higher side relative to national benchmarks, and the value-to-income relationship trends elevated. For investors, that high-cost ownership market tends to reinforce reliance on multifamily rentals, supporting demand depth and lease retention. Median asking rents have risen over the past five years and are projected to continue climbing, with incomes in the 3-mile radius also trending higher both dynamics that can support collections and measured pricing power.
The asset s 1978 construction skews newer than the neighborhood s average 1970 vintage. That relative position can aid competitiveness versus older stock, though investors should still plan for system updates and targeted renovations to meet current expectations and enhance NOI.
Amenities are a mixed picture: parks access trends above national mid-range and grocery density is strong, but childcare and pharmacy options are limited within the neighborhood. School ratings trend below national averages; investors should consider this in unit mix positioning, marketing, and renewal strategies.
Safety indicators for the neighborhood are below national averages, with crime levels ranking below the metro median among 516 Anaheim Santa Ana Irvine neighborhoods. Recent year estimates show modest declines in both property and violent offenses, which is a constructive trend, but the area still compares weaker than many neighborhoods nationally.
For underwriting and asset management, this typically calls for pragmatic security measures (lighting, access controls, and partnership with local patrols) and a focus on resident experience to support retention and occupancy.
Nearby corporate employers provide a diverse white-collar employment base that supports renter demand and commute convenience, including United Technologies, Xerox, International Paper, LKQ, Time Warner Business Class, and First American Financial.
- United Technologies corporate offices (3.9 miles)
- Xerox corporate offices (8.0 miles)
- INTERNATIONAL PAPER Cypress Retail Packaging corporate offices (9.3 miles)
- LKQ automotive distribution offices (10.1 miles)
- Time Warner Business Class telecom offices (10.6 miles)
- First American Financial title & insurance services (10.8 miles) HQ
600 W La Jolla St offers exposure to Orange County s renter demand with neighborhood occupancy near national mid-range and a notably high share of renter-occupied housing. Elevated ownership costs in the area tend to sustain reliance on rentals, while the 3-mile radius shows household growth and rising incomes, all supportive of a stable tenant base and measured rent growth. Based on commercial real estate analysis from WDSuite, the submarket s grocery and dining access compares competitively in the metro, underpinning livability.
Built in 1978, the property is relatively newer than the neighborhood s average vintage, suggesting competitive positioning versus older stock and potential to capture value through focused modernization and common-area upgrades. Key risks include safety metrics that trail national benchmarks and below-average school ratings, which should be reflected in operations, security budgeting, and marketing.
- Deep renter pool and steady neighborhood occupancy support leasing stability
- Elevated ownership costs reinforce multifamily demand and retention
- 1978 vintage is newer than local average, with value-add via targeted upgrades
- Competitive grocery and dining access enhances day-to-day livability
- Risks: below-average safety and school ratings warrant security and positioning focus