| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 82nd | Good |
| Demographics | 51st | Poor |
| Amenities | 77th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 286 S Batavia St, Orange, CA, 92868, US |
| Region / Metro | Orange |
| Year of Construction | 1973 |
| Units | 32 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
286 S Batavia St, Orange CA Multifamily Investment
Neighboring fundamentals point to durable renter demand and high occupancy in the surrounding area, according to WDSuite’s CRE market data. The property sits in an urban core pocket of Orange where renter concentration and location conveniences support income stability through cycles.
Located in the Urban Core of Orange within the Anaheim–Santa Ana–Irvine metro, the neighborhood carries a B+ rating and ranks 175 out of 516 — competitive among Anaheim–Santa Ana–Irvine neighborhoods. Amenity access is a strength: restaurants and pharmacies are both near the top of national comparisons (restaurants at a very high concentration and pharmacies in the top percentiles), with grocery and cafe density also above national norms. Park space is limited locally, so outdoor access may rely more on regional destinations than immediate walk-to greenspace.
For investors, renter demand looks resilient. Neighborhood occupancy trends sit in the upper national percentiles, and the share of housing units that are renter-occupied is elevated — a top-quartile position within the metro — indicating a deep tenant base that can support leasing and retention. Neighborhood-level NOI per unit benchmarks are also in the upper national quartiles, a constructive signal for stabilized multifamily operations in similar assets, based on CRE market data from WDSuite.
Home values in the surrounding neighborhood are high relative to most U.S. areas (upper national percentiles), which points to a high-cost ownership market. That dynamic typically sustains reliance on rental housing and can support pricing power, though lease management should account for affordability pressure and renewal sensitivity as rent-to-income rises.
Demographics aggregated within a 3-mile radius show recent population and household growth, with forecasts indicating a larger household count by 2028 and slightly smaller average household sizes. Rising median incomes alongside projected household expansion suggest a broader renter pool over time, supporting occupancy stability and absorption for well-positioned units.
Vintage context: the property’s 1973 construction is slightly newer than the neighborhood’s average vintage from the late 1960s. Investors should plan for ongoing capital needs typical of 1970s buildings (systems, common areas), with potential value-add upside from modernization to compete against newer stock.
Safety signals are mixed and should be evaluated in context. Within the Anaheim–Santa Ana–Irvine metro, the neighborhood’s crime rank sits below the metro median (300 out of 516), indicating it is not among the safer areas locally. Nationally, property crime levels compare more favorably (upper percentiles versus U.S. neighborhoods), while violent crime sits in lower national percentiles and warrants prudent on-site security and lighting practices.
Recent trend indicators are directionally split: estimated property offenses have edged down year over year, while estimated violent offenses have increased modestly. Investors typically address these dynamics through operational measures, resident screening, and environmental design, and should benchmark against nearby submarkets for leasing and retention implications.
Nearby corporate offices provide a diversified white-collar employment base that supports renter demand and commute convenience. Key employers include Xerox, First American Financial, Microsoft, Prudential, and Western Digital.
- Xerox — corporate offices (2.9 miles)
- First American Financial — title insurance & services (5.7 miles) — HQ
- Microsoft Technology Center — software & cloud (7.5 miles)
- Prudential — financial services (7.8 miles)
- Western Digital — data storage & technology (8.0 miles) — HQ
This 32-unit asset, built in 1973, benefits from a renter-centric urban core location in Orange with historically strong neighborhood occupancy and elevated renter-occupied share supporting a deep tenant base. High neighborhood home values versus national norms reinforce reliance on rental housing, while nearby employment nodes add demand depth and retention potential. According to CRE market data from WDSuite, neighborhood-level NOI and amenity access compare favorably to national peers, underscoring stable operations for well-managed assets.
The 1970s vintage suggests routine capital planning around building systems and common-area modernization, creating potential value-add pathways to enhance competitiveness against newer supply. Demographic trends aggregated within a 3-mile radius point to continued household growth and rising incomes, which can support rents and occupancy, while affordability pressures and mixed safety readings call for careful lease management and property operations.
- Renter-heavy neighborhood and high occupancy support income stability
- High-cost ownership market underpins sustained rental demand
- Amenity-rich urban core near major employers aids retention
- 1973 vintage offers value-add potential through targeted upgrades
- Risks: affordability pressure and mixed safety metrics require proactive operations