| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 83rd | Best |
| Demographics | 49th | Poor |
| Amenities | 48th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 4818 W McFadden Ave, Santa Ana, CA, 92704, US |
| Region / Metro | Santa Ana |
| Year of Construction | 1975 |
| Units | 100 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
4818 W McFadden Ave Santa Ana Multifamily Opportunity
Solid renter demand and high neighborhood occupancy support income durability, according to WDSuite s CRE market data, with pricing power reinforced by a high-cost ownership market in Orange County.
Located in Santa Ana s Urban Core within the Anaheim Santa Ana Irvine metro, the area shows competitive occupancy performance (above metro median and in the top quartile nationally) and a housing profile that s attractive for workforce renters. Neighborhood housing indicators sit in the top quintile nationwide, while average school ratings are mid-pack for the region, offering a balanced quality-of-life backdrop for multifamily assets.
Retail and daily-needs access are a strength: neighborhood density of grocery stores and restaurants ranks in the high 90s by national percentile, and cafes are near the very top nationally. By contrast, park and pharmacy counts rank at the bottom of available measures, suggesting residents rely more on nearby private amenities and regional recreational options. For investors, the amenity mix supports leasing velocity even if green space and healthcare retail are less concentrated within the immediate neighborhood footprint.
Home values in the neighborhood are elevated versus most U.S. areas (roughly top decile nationally) and the value-to-income ratio also trends high, which typically sustains reliance on rental housing and supports retention strategies. At the same time, the neighborhood s rent-to-income ratio is comparatively manageable versus national peers, indicating lower affordability pressure that can aid renewals and limit turnover risk.
Construction in the surrounding area skews newer on average (2008 average vintage, competitive among 516 metro neighborhoods), which positions a 1975 asset as an older alternative with potential value-add upside through modernization. Within a 3-mile radius, median household income is strong and has grown meaningfully over the last five years, and while total population has edged down, household counts have been stable with forecasts calling for more households and smaller average sizes a setup that can expand the renter pool and support occupancy stability for well-managed properties, based on multifamily property research from WDSuite.
Safety trends should be contextualized at the neighborhood level. The area s overall crime rank sits in the lower half among the 516 metro neighborhoods, indicating weaker comparative safety locally and a low national safety percentile. However, recent data shows property offenses declining year over year, an improving directional signal investors can monitor alongside management practices and security measures.
In practical terms, investors should underwrite to neighborhood conditions rather than block-level assumptions, benchmark security line items against peer assets in the Anaheim Santa Ana Irvine metro, and track whether the recent drop in property offenses continues. Comparative framing not precise site assertions is most appropriate for gauging risk and retention impacts over a hold period.
The employment base nearby includes insurance and financial services, enterprise technology, and corporate services, supporting commuter convenience and a broad white-collar renter pool from First American Financial Corporation, First American Financial, Xerox, Microsoft Technology Center, and Prudential.
- First American Financial Corporation insurance & title services (4.9 miles)
- First American Financial insurance & title services (4.9 miles) HQ
- Xerox enterprise services (5.3 miles)
- Microsoft Technology Center software & cloud (6.8 miles)
- Prudential financial services (6.8 miles)
4818 W McFadden Ave benefits from strong neighborhood occupancy and elevated home values that reinforce steady renter demand. According to CRE market data from WDSuite, the neighborhood s occupancy is above the metro median and in the top quartile nationally, while ownership costs are high relative to incomes, supporting reliance on multifamily housing and aiding pricing power for well-positioned assets.
The 1975 vintage is older than the neighborhood s newer-leaning stock, creating a straightforward value-add path through targeted renovations and operational upgrades. Within a 3-mile radius, recent household counts have been stable and are projected to grow even as population edges lower, pointing to smaller household sizes and a broader renter base that can support occupancy stability and renewal strategies.
- High neighborhood occupancy and strong renter demand support income stability
- Elevated home values bolster renter reliance, aiding lease retention and pricing
- 1975 vintage offers clear value-add potential versus newer local stock
- 3-mile household growth outlook expands the tenant base despite population drift
- Risks: aging systems/capex, neighborhood safety ranking below metro average, and limited nearby parks/pharmacies