1031 Exchange Placentia, California

 

Rent, population, and median household income are important factors to consider for a 1031 exchange in Placentia due to their correlations with market demand, and conversely, vacancy rate.

Surrounding submarket Area

Placentia, California is a part of the Northeast Anaheim Submarket submarket area, and contains zip codes 92870 and 92871.

Placentia Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Placentia, CA submarket area was $1,637, which is 19.58% higher than 2014 average rent. This represents a compounded annual growth rate of 3.64%. 2019 vacancy in Placentia, CA was 2.30%.

The total population of the city of Placentia, CA has grown 2.25% since 2010. As of 2018, the population was 51,671. The median household income of the Placentia was $89,690, which is 48.76% higher than the national average.

  • submarket area Northeast Anaheim Submarket
  • avg rent $1,637
  • rent growth 19.58%
  • vacancy 2.30%
  • median income $89,690
  • population (2018) 51,671
  • population growth 2.25%
  • vs. nat'l avg 48.76%
  • zip codes 92870 92871

Compare 1031 DST Properties
Side by Side

Simple & Easy to Understand

Side by Side Comparison of Investment Opportunities