| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 83rd | Good |
| Demographics | 77th | Good |
| Amenities | 47th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 16662 Blanton Ln, Huntington Beach, CA, 92649, US |
| Region / Metro | Huntington Beach |
| Year of Construction | 1974 |
| Units | 24 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
16662 Blanton Ln Huntington Beach Multifamily Investment
Renter demand appears durable in this Urban Core pocket, with neighborhood occupancy trending strong and reinforcing income stability, according to WDSuite’s CRE market data. Solid location fundamentals and high-cost ownership dynamics support consistent leasing without relying on outsized rent growth.
The neighborhood surrounding 16662 Blanton Ln rates B+ and is competitive among the 516 Anaheim–Santa Ana–Irvine metro neighborhoods (ranked 191), suggesting balanced fundamentals that support steady multifamily performance. Restaurants are comparatively dense (nationally strong), while immediate counts of cafes and groceries are limited, indicating residents likely rely on nearby corridors for daily needs.
Neighborhood occupancy is high at roughly 98%, and rents sit toward the upper end of the market, signaling resilient demand and limited vacancy risk in typical cycles. With a renter concentration measured at about three-quarters of housing units, the local tenant base is deep, which can aid marketing efficiency and renewal capture for mid-size assets.
Within a 3-mile radius, demographic data show a stable population with modest household growth and smaller average household sizes over time—conditions that can expand the renter pool and support occupancy stability. Median household incomes are high relative to many U.S. neighborhoods, and a rent-to-income ratio near the high-20% range suggests manageable affordability pressure that warrants routine lease management and amenity positioning.
Home values are elevated versus national norms, reinforcing reliance on multifamily rentals and supporting pricing power during healthy demand periods. The property’s 1974 vintage is slightly older than the neighborhood average year built (late-1970s), which points to potential value-add through renovations and systems modernization—an avenue to differentiate against newer competitive stock.
Safety indicators are mixed. The neighborhood’s crime rank is 168 out of 516 metro neighborhoods—indicating comparatively higher crime within the metro—but national comparisons place the area modestly above average safety overall (58th percentile). Violent offense metrics track stronger, landing in the top quartile nationally (about the 88th percentile), while property offense measures are also comparatively favorable but showed a recent one-year uptick that merits monitoring.
For investors, this suggests underwriting should account for standard security measures and operating practices. Monitoring near-term trends is prudent given the recent movement in property-related incidents, even as broader national comparisons remain favorable.
Proximity to established corporate employers supports a stable renter base and commute convenience for professionals. Notable nearby employers include International Paper, Molina Healthcare, Time Warner Business Class, First American Financial, and Prudential.
- INTERNATIONAL PAPER Cypress Retail Packaging — packaging operations (5.8 miles)
- Molina Healthcare — healthcare services (9.4 miles) — HQ
- Time Warner Business Class — telecommunications (10.3 miles)
- First American Financial — title & financial services (10.8 miles) — HQ
- Prudential — financial services (12.2 miles)
This 24-unit, 1974-vintage asset in Huntington Beach is positioned in a high-occupancy neighborhood with strong income profiles and elevated ownership costs—factors that reinforce multifamily demand and retention potential. Based on commercial real estate analysis from WDSuite, neighborhood occupancy hovers near the high-90% range with rents toward the upper tier locally, indicating durable absorption and limited near-term vacancy pressure.
The vintage is slightly older than the area’s late-1970s average, creating a clear path for value-add through unit renovations and system upgrades to strengthen competitive positioning against newer stock. Within a 3-mile radius, household counts are stable to rising even as household sizes edge down, expanding the renter pool and supporting leasing velocity. Key risks include mixed metro-vs-national crime signals and typical Southern California affordability pressures, which call for disciplined lease management and capex planning.
- High neighborhood occupancy supports income stability and renewal capture
- Elevated home values sustain rental reliance and pricing power
- 1974 vintage offers value-add potential via renovations and modernization
- Strong nearby employment nodes underpin a deep professional renter base
- Risk: mixed safety signals and affordability pressure require proactive operations