Platinum Triangle of Anaheim

May 26, 2021 by Edwin Baloloy

Landlord Rental Update for Stadium Lofts Anaheim – Platinum Triangle

Just like most properties in the Anaheim 92805 area, condos in the Stadium Lofts increased in value in 2021 through May.

In my regular rental updates, I include nearby apartment buildings as they are often cross-shopped when prospective tenants are considering the Stadium Lofts and other nearby condo buildings.

The Platinum Triangle has created a large supply of rental buildings nearby with very good amenities, low deposits, and even move-in incentives. From my experience, many of them end up at one of the newer buildings, but are unhappy when they receive their first renewal notice at around the 9-10 month mark where their rate will go up significantly if they don’t enter a new 12-month lease.

For select newer apartment buildings nearby as of May 27, 2021, monthly rates for new tenants rose slightly:

Stadium House

1 bedroom – 991 sq ft $2,398 – $2,598

2 bedroom – 1,241 sq ft $2,713 to $3,113 (previously $2,668 – $2,968 back in December)

The George

Studio – 608 sq ft $2,285 (no studio pricing available in prior update)

1 bedroom – 762 sq ft $2,635 (this floorplan wasn’t available in prior blog)

2 bedroom – $3,145 (previously $3,050 from December blog)

1818 Platinum Triangle

1 bedroom – 890 sq ft – starting at $2,047

2 bedroom – 1,276 sq ft – starting at $2,822

Specials advertised – up to $500 off rent

Parallel

1 bedroom – 709 sq ft – $2,004 (previously $1,986 in prior December blog)

Stadium Lofts in the Multiple Listing Service in 2020:

UNIT#	BEDS / BATHS	PRICE	SQ FT


#4001	0/1,	$1,650	726
#2171	1/1,	$1,695	725
#2006	1/1,	$1,700	700
#1049	1/1,	$1,750	705
#3031	1/1,	$1,850	728
#1098	1/1,	$1,950	728
#1023	2/2,	$2,195	1095
#3138	2/2,	$2,200	1062
#2084	2/2,	$2,295	1095
#2039	2/2,	$2,300	1100
#3147	2/2,	$2,325	1095
#2048	2/2,	$2,500	1095
#4017	2/2,	$2,600	1368
#4134	1/1,	$1,825	762

Year-to-date rentals in 2021 in Stadium Lofts:

St Name	Br/Ba	L/C Price	Sqft
Katella AVE #2046	1/1,	$1,795	705
Katella AVE #4043	2/2,	$2,500	1095

December 5, 2020 by Edwin Baloloy

Stadium Lofts Anaheim – 2020 Landlord Update

Rental values in the Stadium Lofts remained pretty flat for 2020 as vacancy rates in the surrounding new apartment buildings continue to forcecompetitive incentives. Landlords of condo units need to remind prospective tenants that their lease terms are more renewal friendly. It’s common for a private landlord to charge the same amount when the lease term ends and assumes a month-to-month agreement.

Most apartment tenants don’t think that far ahead and are shocked when they receive their renewal letter from their property manager.

Sales in the Stadium Lofts continue to be strong to close out 2020.

Nearby new apartment buildings have to be evaluated often when reviewing market rents in Stadium Lofts.

Lease activity in Stadium Lofts as of 12/5/2020:

UNIT#	BEDS / BATHS	PRICE	SQ FT
#4046 ACTIVE	1/1,	$1,800	705
#1030 ACTIVE	2/2,	$2,300	1095
#4001	0/1,	$1,650	726
#2171	1/1,	$1,695	725
#2006	1/1,	$1,700	700
#1049	1/1,	$1,750	705
#3031	1/1,	$1,850	728
#1098	1/1,	$1,950	728
#1023	2/2,	$2,195	1095
#3138	2/2,	$2,200	1062
#2084	2/2,	$2,295	1095
#2039	2/2,	$2,300	1100
#3147	2/2,	$2,325	1095
#2048	2/2,	$2,500	1095
#4017	2/2,	$2,600	1368
#4134	1/1,	$1,825	762

Nearby buildings in Anaheim Platinum Triangle*

Building	Beds / Baths	Price Advertised*	SQ FT
Stadium House	2/2	$2,668 – $,2968	1,241
George	1/1	$2,420	743
George	2/2	$3,050	1,144
1818 Platinum Triangle	1/1	$1,996	758
Parallel	1/1	$1,986	709

* prices viewed on the official apartments’ websites as of 12/5/2020. Prices will vary based on location, floor number, and other factors. View official website or call for exact prices.

November 22, 2020 by Edwin Baloloy

Finally!! Alia and Sol by Lennar released for Pre-Sale in A-Town

After years of changes to the A-Town design in Anaheim, the very first residential condos for sale are being made available by Lennar.

The original concept of A-Town was far more ambitious with 3 high-rise buildings, retail, and shopping. While The Stadium Lofts was the first condo building to be released back in 2005, A-Town’s lot sat empty until late 2018 when apartment buildings were built.

Original concept artwork of Anaheim’s A-Town

Park-like areas would’ve created a more artistic flair as opposed to the cookie-cutter construction which usually stretches a builder’s margin.

Lennar’s “Sol” Community (starting in the low 700s) along with Alia (flats and townhomes) has released their pre-sale homes available through a priority list. For Sol, there are 3 floorplans available starting in the low 700’s with each having a main level bedroom. For Alia, pricing is not published, but I expect them to be in the mid 500s for a 1 bedroom, 1-1/2 bath plan 1.

Signs around the perimeter of Lennar’s construction can be seen from Katella.

The sales office and models should be opening by December 2020.

The large park area of A-Town carried over from the original designs.

Sol Plan 1 – 1,978 sq ft

Sol Plan 2 – 2,144 sq ft

Sol Plan 3 – 2,229 sq ft

Pricing is very similar to nearby Lewis + Mason just north A-Town near the 5 freeway.

Video tours are available on Lennar’s website including this plan 3 in Alia:

Directly across Katella Ave is The Stadium Lofts which has studio, 1 bedroom, and 2 bedroom designs starting in the high $300s.

November 4, 2020 by Edwin Baloloy

Stadium Lofts November Market Report

October 2020 was a very active month in The Stadium Lofts of Anaheim with 4 condos that went into escrow and 3 additional condos listed. Stadium Lofts continues to be the most active selling compared to local buildings such as Chapman Commons, The Domain of Anaheim, and Harbor Lofts due to the number of condos and a demographic that just simply moves more frequently.

Construction continues as the Stadium Lofts in Anaheim receives a new, more-modern color scheme.

The highest sale for 2020 was the “Angel” floorplan for $520,000. This was a corner unit that faced State College and Katella towards Angel Stadium.

Here are the the current active listings in Stadium Lofts:

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Pending Listings as of 11/4/2020:

Unit Number	Price	Sqft
#1036	$319,000	535
#2041	$489,900	1062
#1004	$520,000	1062
#4100	$359,900	651
#3035	$465,000	1095

Stadium Lofts Closed Sales as of 11/4/2020:

#1065	$329,900	651
#1100	$345,000	651
#2104	$359,900	728
#4121	$365,000	728
#2129	$369,000	728
#3028	$372,000	728
#3127	$372,000	728
#3014	$374,000	651
#3007	$374,500	784
#4015	$380,000	784
#4165	$445,000	1049
#1021	$459,500	1095
#4074	$460,000	1095
#4076	$460,000	1095
#2114	$469,000	1062
#2048	$470,000	1095
#4091	$475,000	1095
#4086	$475,000	1062
#2037	$480,000	1062
#4114	$480,000	1062
#2021	$485,000	1095
#3025	$485,000	1095
#4159	$520,000	1398
#2071	$360,000	728

Are you a landlord in the Stadium Lofts? Or thinking about having your condo rented? See our Stadium Lofts landlord report here.

Thinking about selling? Call Edwin at 714-501-2732

Or just curious about your value? Fill out the form below for a customized valuation based on your location, upgrades, and floorplan.