| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 88th | Best |
| Demographics | 81st | Best |
| Amenities | 59th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 19132 Delaware St, Huntington Beach, CA, 92648, US |
| Region / Metro | Huntington Beach |
| Year of Construction | 1976 |
| Units | 25 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
19132 Delaware St Huntington Beach Multifamily Investment
Neighborhood occupancy is high and renter demand is supported by a high-cost ownership market in Huntington Beach, according to WDSuite’s CRE market data. The area’s stability points to durable leasing fundamentals rather than short-term volatility.
Situated in Huntington Beach within the Anaheim–Santa Ana–Irvine metro, the neighborhood carries an A rating and is top quartile among 516 metro neighborhoods, signaling competitive fundamentals for long-term multifamily performance. Neighborhood occupancy is strong and sits in the top quartile nationally, a positive indicator for lease-up and retention, based on CRE market data from WDSuite. The submarket skews urban-core, with a meaningful renter-occupied share of housing units, which broadens the tenant base and supports demand depth for midsize assets.
Local amenity access is mixed: grocery and pharmacy density trends above national norms, while immediate access to parks and cafes is more limited. For investors, this typically concentrates demand around well-located properties that provide on-site conveniences and walkable retail, while still benefitting from the neighborhood s everyday services. Average household sizes in the area are modest for the metro, which can favor one- and two-bedroom unit demand profiles.
Within a 3-mile radius, demographics reflect a higher-income renter pool with steady household counts in recent years and projections pointing to additional household growth. Even where population trends have been flat to slightly negative historically, incremental household formation and income gains can support occupancy stability and pricing power over a multi-year hold.
Home values in the neighborhood are elevated relative to incomes on a national basis, reinforcing renter reliance on multifamily housing. This context generally supports lease retention and reduces competitive pressure from entry-level ownership options, while still warranting attention to rent-to-income ratios for renewal management.
Safety trends compare favorably. The neighborhood performs in the top decile among 516 metro neighborhoods for lower crime exposure and falls in the top quartile nationally for overall safety. Recent year-over-year declines in both violent and property incidents, as measured by WDSuite s neighborhood data, further point to improving conditions. While no submarket is risk-free, the area s relative positioning supports resident retention and asset operations.
The nearby employment base includes finance, insurance, technology, and manufacturing anchors that help sustain renter demand through professional and corporate payrolls: First American Financial, Pacific Life, International Paper, Prudential, and Western Digital.
- First American Financial — corporate offices (7.8 miles) — HQ
- Pacific Life — corporate offices (8.0 miles) — HQ
- INTERNATIONAL PAPER Cypress Retail Packaging — corporate offices (8.3 miles)
- Prudential — corporate offices (8.6 miles)
- Western Digital — corporate offices (8.9 miles) — HQ
This 25-unit asset, built in 1976, offers value-add and capital planning angles while leveraging a neighborhood that ranks in the top quartile among 516 metro neighborhoods for overall quality. High neighborhood occupancy and a sizable renter-occupied share of housing units indicate durable tenant demand. Elevated home values relative to income levels across the metro support reliance on rentals, which can aid lease retention and sustained absorption.
According to CRE market data from WDSuite, neighborhood-level operating indicators trend favorable nationally, with NOI per unit and occupancy both benchmarking above typical U.S. neighborhoods. Within a 3-mile radius, higher household incomes and projected growth in household counts point to a larger tenant base over time. Given the 1976 vintage, investors should underwrite for selective renovations and systems upgrades to enhance competitiveness versus newer stock.
- Strong neighborhood positioning with top-quartile occupancy and operating benchmarks
- High-cost ownership market reinforces multifamily demand and lease retention
- 3-mile radius shows higher incomes and expanding household counts supporting renter pool expansion
- 1976 vintage presents value-add potential; plan for CapEx to modernize and drive rent positioning
- Watch-lists: limited immediate park/cafe access and renewal pricing relative to rent-to-income