| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 79th | Good |
| Demographics | 45th | Poor |
| Amenities | 80th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 7800 2nd St, Stanton, CA, 90680, US |
| Region / Metro | Stanton |
| Year of Construction | 1976 |
| Units | 24 |
| Transaction Date | 2003-12-18 |
| Transaction Price | $2,900,000 |
| Buyer | NGUYEN THOMAS THONGVAN |
| Seller | VAUGHT ROGER E |
7800 2nd St Stanton Multifamily Investment
This 24-unit property offers stable rental demand fundamentals with neighborhood occupancy rates at 96.3% and strong renter tenure at 47.9% of housing units.
Stanton's Urban Core neighborhood demonstrates solid fundamentals for multifamily investors, ranking above metro median among 516 metro neighborhoods with a B rating. The area maintains strong occupancy rates at 96.3%, ranking in the top quartile among metro neighborhoods, while median contract rents of $1,954 reflect healthy pricing power with 30.9% growth over five years.
Built in 1976, this property aligns with the neighborhood's average construction year of 1981, indicating consistent building stock that may present value-add renovation opportunities for investors seeking to enhance unit appeal and capture rent premiums. The area's renter-occupied share of 47.9% ranks in the top quartile regionally, supporting sustained rental demand.
Demographics within a 3-mile radius show a stable tenant base with 221,443 residents and household income growth of 36.4% over five years to a median of $91,632. Forecasted population growth of 1.3% through 2028 and projected household increases of 35.9% suggest expanding renter pool depth. The area offers strong amenity access with grocery stores ranking in the 99th percentile nationally and restaurant density in the 96th percentile, supporting tenant retention through convenience and lifestyle appeal.
Property crime rates in this neighborhood rank 344th among 516 metro neighborhoods, placing it near the middle of the metro range with a 23rd percentile nationally. However, recent trends show improvement with property crime declining 37.1% over the past year, ranking in the upper quartile for crime reduction among metro neighborhoods.
Violent crime rates remain relatively contained at 99 incidents per 100,000 residents, ranking 324th among metro neighborhoods. Investors should monitor crime trends as part of ongoing property management and tenant retention strategies, while noting the positive trajectory in property crime reduction.
The surrounding employment base includes established corporate offices that support workforce housing demand and commute convenience for tenants.
- INTERNATIONAL PAPER Cypress Retail Packaging — packaging and manufacturing (1.8 miles)
- Time Warner Business Class — telecommunications services (5.4 miles)
- LKQ — automotive parts distribution (7.2 miles)
- Xerox — business services and technology (10.0 miles)
- First American Financial — financial services (10.9 miles) — HQ
This 24-unit property built in 1976 presents a value-add opportunity in a stable rental market with neighborhood occupancy rates of 96.3% ranking in the top quartile among metro neighborhoods. According to CRE market data from WDSuite, the area demonstrates solid fundamentals with median rents of $1,954 and 30.9% rent growth over five years, while demographic projections show household growth of 35.9% through 2028 supporting expanding tenant demand.
The property's vintage aligns with neighborhood norms and offers potential for capital improvements to capture rent premiums, while the Urban Core location provides strong amenity access with grocery and restaurant density ranking in the 99th and 96th percentiles nationally. Average unit size of 881 square feet appeals to the area's household composition, with renter-occupied housing representing 47.9% of units and ranking in the top quartile regionally.
- Neighborhood occupancy at 96.3% ranks top quartile among 516 metro neighborhoods
- Strong renter tenure with 47.9% of housing units renter-occupied
- Projected household growth of 35.9% through 2028 supports tenant demand
- Value-add potential with 1976 construction year for renovation upside
- Risk consideration: Middle-tier crime ranking requires ongoing security management