Located in the heart of Southern California, Anaheim is renowned for its world-class attractions, vibrant entertainment scene, and strong rental demand. The city is home to Disneyland Resort, drawing millions of visitors each year and creating a consistent demand for vacation rentals and long-term housing options. Investors can capitalize on the thriving tourism industry in Anaheim, which also offers excellent schools, numerous parks, and a variety of dining and shopping options, making it an appealing destination for families and professionals. Learn more about Anaheim below!
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Demographics
Anaheim is a thriving city with a strong economy, making it an ideal destination for multi-family investment properties. Anaheim is also home to numerous universities and colleges, making it an attractive option for students and professionals.
The population of Anaheim, California was 346,824 as of 2020.
According to the U.S. Census Bureau, some recent statistics for Anaheim include:
- 64.8% of the population is aged 18-64 years
- 23.4% of the population is under 18 years
- The median household income between 2017-2021 was $81,806
Housing Statistics
Some recent housing data from the U.S. Census Bureau indicates that:
- There were 103,570 households with 3.32 persons per household in 2017-2021
- The owner-occupied housing unit rate in 2017-2021 was 46.5%
- The median gross rent for 2017-2021 was $1,823
Top Employers
One of the city's largest employers is Disneyland Resort, a world-famous theme park and entertainment destination that draws millions of visitors annually. The city also has a thriving medical and educational sector, with hospitals, universities, and colleges. Multi-family home investors can find confidence in the stability provided by Anaheim's top employers, ensuring a consistent pool of potential renters and long-term growth prospects for their investment properties.
Transportation
Anaheim is served by major freeways, including the I-5 and CA-57, facilitating easy travel to nearby cities and destinations. Additionally, Anaheim offers public transportation options through Anaheim Regional Transportation and the Orange County Transportation Authority (OCTA), which operate extensive bus networks throughout the city and region. The Anaheim Regional Transportation Intermodal Center (ARTIC) also serves as a major transportation hub, providing connections to Amtrak, Metrolink, and various bus routes.
Shopping and Dining
Anaheim offers a wide array of retail and culinary options, making it an attractive destination. The city is home to world-class shopping centers, including the Anaheim GardenWalk, Anaheim Plaza, and Anaheim Town Square, where residents can find a diverse range of retail brands, boutiques, and entertainment venues. These shopping destinations not only cater to the needs of residents but also attract tourists, ensuring a steady flow of potential customers for businesses located near multi-family properties.
Moreover, Anaheim boasts a rich culinary landscape, featuring an impressive selection of restaurants, cafes, and eateries offering a variety of cuisines. From fine dining establishments to trendy food halls and local gems, the city provides an enticing culinary experience for all tastes and preferences.
Things to Do
Investing in multi-family homes in Anaheim provides a promising opportunity to capitalize on the city's diverse attractions and robust economy. The combination of world-famous entertainment destinations, a bustling convention center, sports and cultural events, culinary experiences, outdoor activities, and steady economic growth creates a favorable environment for maximizing returns on multi-family property investments.
Major Attractions in Anaheim:
- Disneyland Resort
- Angel Stadium
- Anaheim Packing District
- Honda Center
- Oak Canyon Nature Center
- Anaheim Convention Center
- The Muzeo Museum and Cultural Center
Invest in Multi-Family Real Estate in Anaheim with the Bridge Multifamily Team at Cushman & Wakefield
Thinking of purchasing multi-family units and investment properties in Anaheim, California? Connect with the Bridge Multifamily Team at Cushman & Wakefield to get started on your multi-family property search today. Reach out to us online or give our office a call at 949-372-4888!
