| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 84th | Best |
| Demographics | 58th | Fair |
| Amenities | 59th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 601 W Santa Fe Ave, Placentia, CA, 92870, US |
| Region / Metro | Placentia |
| Year of Construction | 1979 |
| Units | 115 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
601 W Santa Fe Ave Placentia Multifamily Investment
Neighborhood occupancy is strong and renter demand is deep, according to WDSuite’s CRE market data, supporting stable performance drivers for a 115-unit asset in Orange County. Metrics cited reflect neighborhood conditions, not the specific property.
Located in Placentia within the Anaheim–Santa Ana–Irvine metro, the neighborhood posts high occupied housing levels and a sizable renter base, indicating depth of demand for multifamily. The share of housing units that are renter-occupied is elevated at the neighborhood level, which supports leasing velocity and renewals for professionally managed assets.
Amenity access is a relative strength: restaurant and grocery density sit in the top quartile nationally, with cafes also competitive. These options enhance day-to-day livability and can aid retention, especially for larger floorplans like the property’s average unit size.
Schools trend above national norms (average ratings in the top quartile nationwide), which can support stability for family renters. At the same time, childcare and pharmacy availability lags, an operational consideration for resident services and marketing positioning.
Within a 3-mile radius, household counts have grown in recent years and are projected to continue increasing even as overall population is roughly flat to slightly down—pointing to smaller household sizes and a broader renter pool. Elevated home values in the area (high-cost ownership market) tend to reinforce reliance on rental housing, while rent-to-income ratios suggest manageable affordability pressure relative to other coastal markets, which can support retention and occupancy. Insights are based on CRE market data from WDSuite and reflect neighborhood-level conditions, not the property’s own performance.
Safety indicators are mixed when compared nationally: the neighborhood sits below the national median for safety but has shown a recent decline in property offenses year over year, indicating some improvement in trend. These figures describe neighborhood conditions rather than the specific block or property.
Within the metro context, the area trails stronger-performing Orange County neighborhoods on safety, so operators may consider measures that enhance on-site security and resident communications to support leasing and renewals.
Nearby employers span industrial technology, document services, packaging, auto parts distribution, and title insurance—supporting a diverse commuter base and weekday demand drivers for workforce housing. The list below reflects employers proximate to the neighborhood that can underpin tenant demand and retention.
- United Technologies — industrial technology (3.0 miles)
- Xerox — document services (8.8 miles)
- INTERNATIONAL PAPER Cypress Retail Packaging — packaging (9.6 miles)
- LKQ — auto parts distribution (9.8 miles)
- First American Financial — title insurance (11.7 miles) — HQ
The property was built in 1979, making it somewhat newer than the neighborhood’s average vintage yet still old enough to warrant targeted capital planning. This positioning can offer value-add potential through systems upgrades and selective renovations while remaining competitive against older local stock. High neighborhood occupancy and a substantial renter-occupied share support leasing stability, while elevated for-sale housing costs reinforce sustained renter reliance on multifamily.
Within a 3-mile radius, household counts have risen and are projected to expand further even as population trends are flat to slightly negative—suggesting smaller household sizes and a broader tenant base over time. Rent-to-income levels indicate manageable affordability pressure for the area, which can aid renewal rates and pricing discipline. According to CRE market data from WDSuite, these neighborhood fundamentals compare favorably to many coastal submarkets and support a long-term hold or renovation-driven strategy, while acknowledging localized safety considerations.
- High neighborhood occupancy and strong renter concentration support demand depth and leasing stability.
- 1979 vintage allows for targeted value-add through systems and common-area improvements to enhance competitiveness.
- Elevated ownership costs in Orange County reinforce long-term renter reliance, aiding retention and pricing power.
- Within 3 miles, household growth and smaller average household sizes point to a broader renter pool over time.
- Risk: neighborhood safety trails stronger metro peers; proactive on-site measures and resident engagement can mitigate leasing impact.