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Best Neighborhoods To Invest In Anaheim, CA

Anaheim, CA is filled with chances to invest and places to explore. It’s known for its busy tourism with famous spots like Disneyland Resort. The city also has major sports teams like the Anaheim Ducks and the Los Angeles Angels1. There are different neighborhoods for all kinds of lifestyles.

In Anaheim, the real estate scene is popping with opportunity. The median list price stands at $899,944 and you’ll find properties at about $553 per square foot1. With 261 properties available, buyers and investors have plenty of options. Anaheim has areas perfect for families or those looking for a touch of history.

Thinking about short-term rentals? The Anaheim Resort area is your best bet for investment in 2024. It offers great average rental income of $7,065 for short-term rentals. This type of rental can bring in more money than the usual long-term leases1.

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Key Takeaways

  • Anaheim, CA, famous for Disneyland Resort, provides varied real estate opportunities.
  • Median list price in Anaheim real estate: $899,944.
  • Averaging $553 per square foot for property pricing.
  • Total of 261 properties currently available for investment.
  • Anaheim Resort area is the top choice for short-term rental investments.

Anaheim Hills

In the heart of Orange County, you’ll find Anaheim Hills. It’s wealthy and boasts both breathtaking scenery and high-end amenities. It strikes the perfect balance, offering luxury and a welcoming feel at the same time. This makes it a great spot to live.

Overview

Anaheim Hills sits just 15 miles from Los Angeles, blending suburban peace with city convenience2. With 54,000 people and a median income of $130,865, many well-off families pick this place for its lifestyle3. The Santa Ana Mountains create a beautiful backdrop. Plus, it’s close to Disneyland, Huntington Beach, and Long Bengch, adding to its appeal2.

Real Estate Market

The homes in Anaheim Hills are lavish, averaging $1.3 million in cost3. You can find loads of neighborhood info through MLS services like SFAR, MLSListings Inc., and CRMLS_CA4. This helps buyers and investors get a clear picture of sale opportunities, prices, and market trends4.

Family and Lifestyle

This area is known for being perfect for families. It has great schools, including Canyon High and Villa Park High2. There are also private schools for more choices2. The 241 toll road makes getting around Orange County easy2. It has many fun outdoor spots, like golf courses and country clubs. They make living here fun and luxurious.

Explore more about Anaheim neighborhoods here

Platinum Triangle

The Platinum Triangle in Anaheim is known for its lively real estate, many job chances, and new infrastructure.

Overview

This area is home to 350,000 people. It’s a community looking ahead with an average household income of $75,033. The median house price is $583,0003.

It appeals to both young workers and families. This is due to its modern flats and fun places to go.

Real Estate Market

Platinum Triangle’s real estate market is booming. As of May 2024, the median sale price of houses has gone up by 6.0%, reaching $773,5005.

You can find many kinds of homes here. There are luxury properties at $5.45 million and more budget-friendly options at $129,9005. The average value of homes here is $452,827. That’s much higher than the U.S. average of $281,9006.

Employment Opportunities

The Platinum Triangle is growing as a business center. It offers many jobs. The Los Angeles Angels and Anaheim Ducks are big employers here.

This place is also easy to travel to by major freeways. It’s perfect for those wanting a good work-life balance in an exciting area5.

West Anaheim

West Anaheim is a lively neighborhood with homes for families, singles, and the elderly. It has a mix of cultures and a community vibe. This makes it a great place to live.

Overview

West Anaheim has about 73,000 people and the average person is 35 years old7. It’s a place where many families live; 34% of homes have kids7. On average, households have 3.46 people, and families are usually 3.93 members big7.

Real Estate Market

The houses in West Anaheim fit many budgets. The average price is $882,500, but they can be as low as $489,000 or as high as $1,175,0008. You can choose from 73 houses for sale, showing there’s a lot for buyers8. Homes and lots vary, with sizes from 798 to 2,253 sq ft and lots from 4,947 to 8,320 sq ft8.

AttributesRange
Home Prices$489,000 – $1,175,000
Property Size798 sq ft – 2,253 sq ft
Lot Size4,947 sq ft – 8,320 sq ft
Bedroom Range1 – 4
Bathroom Range1 – 3

Community and Lifestyle

West Anaheim is known for its parks that offer fun for kids and adults. Its affordable houses and great community spots make it perfect for those wanting a good life. Families with middle incomes find it especially appealing, with an average income of $70,8447. The people living here come from all walks of life, adding to Anaheim’s well-known diversity.

Southwest Anaheim

Southwest Anaheim is a lively place to live, offering fun, community vibes, and convenience. Around 69,000 people call it home, with homes averaging at $662,000. This makes it a great spot for those looking for value and good living3.

Overview

The area shines with its diversity and plenty of amenities. It’s perfect for families and singles with its excellent schools, parks, and eateries. People here enjoy fun entertainment spots, making the neighborhood’s atmosphere vibrant3.

Real Estate Market

Homes in Southwest Anaheim range widely in price. You can find studios and family homes from $50,000 to $662,0003. Renting? A one-bedroom costs about $2,199 a month. A bigger three-bedroom home is around $3,323 monthly9. The area is safe and convenient, with plenty of onsite management and security9. Houses sell fast here due to good prices and high demand3.

Family and Entertainment

Families here have access to great schools and fun places. Public parks are popular for events and playing outside3. There’s always something to do, from shopping to entertainment. The local healthcare facilities provide jobs and important services, boosting the economy3.

The Summit

The Summit Anaheim is a unique, gated community next to Anaheim Hills. It offers luxury homes with an average price of $1.9M. You’ll find beautiful views and amenities like pools, spas, and a club. It’s ideal for buyers looking for quality10.

About 80 homes make up this prestigious area. It draws celebrities and those wanting ultimate privacy. Homes here include elegant houses and some ultra-large mansions11. You’ll see various architectural styles, adding to the beauty of the area11.

The Summit provides access to top schools and healthcare. Homes range from $3,495,000 to $12,950,000. This reflects the enclave’s exclusivity and high demand11.

This area is known for low vacancy and high rental prices. On average, rents go for $5,618, among California’s highest10. The homes, mostly lived in by their owners, showcase the neighborhood’s high quality of life.

The Summit has many rowhouses or attached homes. With a wealth index over 97%, it attracts those seeking luxury living10. It’s better than 94% of California neighborhoods for upscale living10.

The community is diverse, with Asian, German, English, Mexican, and Irish heritage common. English is the main language, followed by Spanish, Korean, and Persian10. This diversity enriches the community, making The Summit Anaheim highly desirable.

Southeast Anaheim

Southeast Anaheim is a top choice for families, with 102,000 people and homes averaging $648,0003. This conveniently located neighborhood has condos and townhouses. It suits many family types and sizes3. You’ll find great parks, healthcare, and schools here. It’s perfect for living with your family12.

Living near Disneyland and big roads makes Southeast Anaheim great for young workers, older adults, and families. They love the easy living and good quality of life3. Jobs at places like Anaheim Memorial Medical Center attract more people here3. This area’s growing population and different home types ensure a strong rental market for investors12.

ParameterDetails
Population102,0003
Median Home Price$648,0003
Median Income$62,5383
Proximity to Major AttractionsDisneyland, Anaheim Convention Center3
Healthcare OptionsAnaheim Memorial Medical Center3
Type of HousingCondos, Townhouses, Family Residences3
AccessibilityNear major highways3

Anaheim Colony Historic District

The Anaheim Colony Historic District is at the heart of downtown Anaheim. It perfectly combines history with modern comforts. This area is famous for its vintage charm, with many architectural homes that bring the past to life.

Overview

This district is home to 38,574 people. It offers both city and suburban living with most residents renting their places13. It’s not just known for its history. It also has parks, coffee shops, and great public schools nearby13. Plus, Disneyland and the lively Anaheim Packing District are just a short distance away13.

Real Estate Market

The Anaheim Colony Historic District has an active real estate scene. The SFAR MLS shows a lot of properties for sale13. Old homes, especially, are sought after. Currently, 13 are up for sale at an average price of $899,00014. These homes usually sell in about 37 days, mostly with several offers14. You can find condos, townhouses, and multi-family homes here too. This adds to the neighborhood’s real estate variety14.

Community and Amenities

The community is known for its rich culture and easy access to many features. There are restaurants with diverse foods, cozy coffee shops, and parks like Pearson Park. This makes it a great spot for fun and meeting others. The area’s family-friendly nature stands out, despite the higher average home cost of $655,41813.

Even though housing can be pricey, the recent improvements and a commitment to fair housing make it fair for everyone13. With a variety of homes and community amenities, the area keeps drawing people in.

For detailed info on the Anaheim Colony Historic District, check out the Niche website.

Anaheim Resort Area

The Anaheim Resort Area is a buzzing hub for tourists and fun. It sits close to Disneyland and other top sites. This makes it great for those thinking about buying properties to rent out.

The average price of homes with resort-like features in Anaheim is around $925,000. This shows the area’s value15. There are many real estate choices, from luxury condos to big homes for several families. This means investors can find properties that fit their investing plans.

Last month, 137 homes were sold in Anaheim. This includes 94 condos, 36 townhouses, and 41 homes for multiple families15. These numbers highlight how active the real estate market is here. It’s a popular place for both buyers and investors.

Homes here get about five offers on average, showing it’s a competitive market15. With a Walk Score of 56, it’s easy to get around to local spots. This makes it an attractive place to live and invest.

New listings with resort-style amenities are added every 15 minutes in the Anaheim Resort Area15. This keeps the selection of properties fresh and exciting.

For more information on the top neighborhoods in Anaheim, click here. You can find out which area fits your needs for investing or living the best.

Northeast Anaheim

Northeast Anaheim is a mix of luxury and affordability, making it great for real estate investment. It’s a suburb with both lifestyle amenities and different kinds of homes. These attract many kinds of buyers.

Overview

Northeast Anaheim sits within the larger city next to areas like East Anaheim and West Anaheim16. It has about 58,241 people, blending urban and suburban vibes16. Residents enjoy top-notch schools, parks, and restaurants nearby16.

Real Estate Market

The real estate market here is very active, with new listings every 15 minutes. This shows it’s a popular place16. Homes range from $895,000 to $1,695,00017. Sizes vary, supporting 4-bedroom family homes with 2 to 3.5 bathrooms16.

Recently, 8 luxury homes sold in Disneyland at about $897,000 each17. Market trends in nearby cities like Pasadena impact here too17. Homes sell fast, showing high demand among buyers and investors.

Lifestyle and Community

Living here means a calm suburb life with city perks close by. The diverse and welcoming community is great for families16. With great schools and parks, it’s perfect for a well-rounded life.

There are also places like restaurants and coffee shops to enjoy16. Being close to cities like Anaheim and Huntington Beach opens up more options. For deeper insights, check out this resource for more on the community and real estate16.

Conclusion

Anaheim has many neighborhoods each offering great chances for real estate investing. From upscale areas to busy historic places, there’s something for everyone. Every area has its perks. It’s smart to look at things like local features, safety, and how easy it is to get around. For example, Anaheim Colony has a Walk Score of 69. Meanwhile, Southwest Anaheim has a score of 67 but lower crime rates18. Knowing about changes in places like the Platinum Triangle might lead to good investment opportunities18.

Anaheim Hills is calm, while the Platinum Triangle is full of energy. Each neighborhood aims to improve community living. These areas draw in renters thanks to nearby schools, parks, and job spots. Having a good mix of these can make investing here profitable and appealing. In July 2024, 26 people looked for investment advice here. This shows more people are getting interested in investing in Anaheim19.

When diving into Anaheim’s real estate market, doing your homework is key. Think about getting a property management company to help. Whether you’re into renting out single homes or vacation spots, look beyond just the property type and price. Consider the long-term gains and costs too. By being well-informed and careful with your decisions, you could find great investment opportunities in Anaheim. This could mean steady earnings and growth for you. For deeper insight on investing here, check out Home Choice Property Management18.

FAQ

What are the best neighborhoods to invest in Anaheim, CA?

Anaheim, CA, is filled with great places for investment. Neighborhoods like Anaheim Hills, Platinum Triangle, and West Anaheim each have unique offerings. You’ll also find great options in Southwest Anaheim, The Summit, Southeast Anaheim, Anaheim Colony Historic District, and the Anaheim Resort Area. These areas offer various housing styles to suit different tastes and budgets.

Can you give an overview of Anaheim Hills?

Anaheim Hills is located in the eastern part of the city. It is known for its beautiful scenery, top schools, and luxury amenities. This area is perfect for those who want upscale living in a family-friendly environment.

How is the real estate market in Anaheim Hills?

The homes in Anaheim Hills are quite luxurious, with prices showing this area’s upscale nature. Families love it here for its good schools and beautiful recreation spots.

What makes Anaheim Hills suitable for families?

With its excellent schools and plenty of fun places, Anaheim Hills is great for families. It has a community vibe with luxurious amenities, making it desirable for those seeking quality living.

Could you provide an overview of the Platinum Triangle?

The Platinum Triangle is lively and modern, with many apartments, fun spots, and easy freeway access. It’s a key area for work, making it attractive to young professionals.

How is the real estate market in Platinum Triangle?

In the Platinum Triangle, apartments are priced around $583K on average. It’s a popular choice for young professionals due to its urban lifestyle and convenience.

What employment opportunities are available in Platinum Triangle?

With big names like the Los Angeles Angels and Anaheim Ducks, Platinum Triangle is booming with job opportunities. It’s a hotspot for professionals looking for work close to home.

What is notable about West Anaheim?

West Anaheim is known for affordable homes, beautiful parks, and a diverse, welcoming community. It’s ideal for families, young people, and retirees looking for various housing options.

What can you tell us about the real estate market in West Anaheim?

Affordable homes in West Anaheim typically go for around $651K. The area is family-friendly, thanks to its parks and schools, offering a good balance of life.

How is community life in West Anaheim?

Life in West Anaheim means enjoying local parks and events within a warm community. It’s a place that welcomes everyone, making it a lovely environment to live in.

What distinguishes Southwest Anaheim?

Southwest Anaheim shines with its diversity and affordable living. It’s near schools, hospitals, and fun spots like Twila Reid Park, offering a lively lifestyle for all.

What is the real estate market like in Southwest Anaheim?

Southwest Anaheim has homes priced at about $662K. It’s attractive for its affordable options and closeness to fun and services.

What family and entertainment amenities does Southwest Anaheim offer?

Here, you’ll find places like Twila Reid Park and various dining spots. Southwest Anaheim is perfect for those looking for fun and diversity.

What sets The Summit apart as a neighborhood in Anaheim?

The Summit, in Anaheim Hills, is exclusive with gated luxury homes. It offers stunning views and upscale amenities. Homes here average around $1.9M, attracting well-to-do individuals.

Why should one consider buying a home in Southeast Anaheim?

Southeast Anaheim is great for its variety of homes and easy park access. Plus, it’s near Disneyland and major roads, making it handy for professionals and families.

What historical aspects does Anaheim Colony Historic District have?

The Anaheim Colony Historic District combines history with modern living. It’s near downtown and has landmarks like Mother Colony House, offering a unique living experience.

How is the real estate market in Anaheim Colony Historic District?

Historic homes here are roughly $900K. It’s a blend of old charm and modern convenience, appealing to those who love history and city life.

What amenities are available in Anaheim Colony Historic District?

The area has cultural restaurants, parks like Pearson Park, and historic sites. These features make it a great place to live.

How does the Anaheim Resort Area attract investors?

The Anaheim Resort Area, a tourism hotspot thanks to Disneyland, offers high-demand real estate. It’s perfect for investors looking for properties with good rental potential and appreciation.

What lifestyle and community aspects does Northeast Anaheim offer?

Although specifics for Northeast Anaheim aren’t given, it likely has suburban charm. Expect friendly neighborhoods, parks, and convenient amenities, perfect for those desiring suburban living.

New to passive real estate investing?

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Source Links

  1. Best places in Orange County to buy an investment property | Family Affair Moving – https://familyaffairmoving.com/best-places-in-orange-county-to-buy-an-investment-property/
  2. 5 Reasons Why Anaheim Hills Is A Great Place To Live – https://www.firstteam.com/blog/5-reasons-why-anaheim-hills-is-a-great-place-to-live/
  3. These 10 Anaheim, CA Neighborhoods Are the Best in the City – https://exprealty.com/guides/these-10-anaheim-ca-neighborhoods-are-the-best-in-the-city/
  4. Top 10 Cheapest Places To Live In Anaheim, CA | Flyhomes – https://flyhomes.com/rankings/anaheim–ca/cheapest
  5. Platinum Triangle, CA Homes for Sale – https://www.redfin.com/neighborhood/110631/CA/Anaheim/Platinum-Triangle
  6. Platinum Triangle – Anaheim, CA – https://www.niche.com/places-to-live/n/platinum-triangle-anaheim-ca/
  7. Moving To West Anaheim, Anaheim? | Flyhomes – https://flyhomes.com/neighborhood-guide/west-anaheim–anaheim–ca
  8. West Anaheim, CA Homes for Sale – https://www.redfin.com/neighborhood/2968/CA/Anaheim/West-Anaheim
  9. Anaheim Cottages Apartments in Anaheim, CA 92804 | Market Apartments – https://www.marketapts.com/apartment-anaheim-cottages-anaheim-ca/NDI3
  10. LAKE SUMMIT / GALERIE – https://api.locationinc.com/ca/anaheim/lake-summit
  11. Virtual Tour Available: 12001 Talus Place – https://www.rubyhome.com/beverly-hills-ca/the-summit/
  12. Anaheim, CA – https://housecashin.com/investing-guides/investing-anaheim-ca/
  13. Is Anaheim Colony Historic District, Anaheim a Good Place To Live? | Flyhomes – https://flyhomes.com/quality-of-life/anaheim-colony-historic-district–anaheim–ca
  14. Vintage Homes for Sale in Anaheim Colony Historic District, CA – https://www.redfin.com/neighborhood/556563/CA/Anaheim/Anaheim-Colony-Historic-District/vintage
  15. Resort Style Amenities – Anaheim, CA Real Estate & Homes for Sale – https://www.redfin.com/city/517/CA/Anaheim/amenity/resort style amenities
  16. New Listings for Sale in Anaheim Shores, CA – https://www.redfin.com/neighborhood/14778/CA/Anaheim/Anaheim-Shores/new-listings
  17. Luxury Homes for Sale in Disneyland, CA – https://www.redfin.com/neighborhood/11496/CA/Anaheim/Disneyland/luxury-homes
  18. The 5 Best Neighborhoods in Anaheim – https://www.movoto.com/blog/the-5-best-neighborhoods-in-anaheim/
  19. TOP 10 BEST Investing in Anaheim, CA – Updated 2024 – Yelp – https://m.yelp.com/c/anaheim-ca-us/investing
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