| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 83rd | Good |
| Demographics | 77th | Good |
| Amenities | 47th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 16832 Lynn Ln, Huntington Beach, CA, 92649, US |
| Region / Metro | Huntington Beach |
| Year of Construction | 1976 |
| Units | 105 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
16832 Lynn Ln Huntington Beach Multifamily Investment
Strong renter demand and high neighborhood occupancy support stable performance for this 105-unit asset, according to WDSuite’s CRE market data. Neighborhood metrics cited below reflect the surrounding area, not the property, and point to durable fundamentals in a high-cost ownership market.
The property sits in a B+–rated Urban Core neighborhood within the Anaheim–Santa Ana–Irvine metro, competitive among 516 metro neighborhoods (ranked 191). Neighborhood occupancy is high and has trended upward, with the area’s occupancy rate near the top quartile nationally, supporting income consistency for multifamily assets.
Local livability skews toward outdoor access and daily services rather than cafes or boutique retail. Parks and pharmacies score near the top of national comparisons (around the 98th–99th percentiles), while restaurant density is also strong relative to the U.S. At the same time, the immediate neighborhood shows limited counts of cafes and grocery stores, so residents typically rely on nearby corridors for those needs. These dynamics tend to favor communities that offer on-site conveniences and walkable access to essentials.
Renter demand is deep: the neighborhood’s share of renter-occupied housing units is among the highest in the nation (top ~2% nationally), indicating a broad tenant base and supporting leasing stability for multifamily operators. Median asking rents in the neighborhood are elevated versus national norms, reflecting the Orange County market’s pricing power, while high occupancy suggests that well-managed assets can sustain absorption and retention across cycles.
Within a 3-mile radius, demographics show resilient incomes and a stable tenant pool. Household counts have been steady and are projected to grow over the next five years, even as average household size edges lower — a pattern that can expand the renter pool and support occupancy. Elevated home values in the area reinforce renter reliance on multifamily housing, which can underpin lease retention and measured rent growth for well-located assets, based on CRE market data from WDSuite.
Safety conditions are competitive among Anaheim–Santa Ana–Irvine neighborhoods (crime rank 168 out of 516), and the area performs above the national median overall (58th percentile). Violent offense indicators are comparatively favorable, testing in a high national percentile, while property offense levels are also relatively favorable but have shown a recent uptick year over year. For investors, this points to generally supportive conditions with a need to monitor near-term property crime trends as part of operating plans.
Proximity to diversified corporate employment supports renter demand and commute convenience, with nearby roles spanning packaging, healthcare, financial services, and technology — including several headquarters within a 6–12 mile radius.
- INTERNATIONAL PAPER Cypress Retail Packaging — packaging (5.9 miles)
- Molina Healthcare — healthcare services (9.5 miles) — HQ
- Time Warner Business Class — telecommunications (10.5 miles)
- First American Financial Corporation — title & insurance (10.7 miles)
- First American Financial — title & insurance (10.8 miles) — HQ
This Huntington Beach asset benefits from a renter-driven neighborhood with high occupancy and sustained pricing power relative to national benchmarks. Elevated ownership costs in North Orange County continue to reinforce reliance on multifamily housing, while the surrounding area’s strong renter-occupied share supports depth of demand and lease-up resilience. According to CRE market data from WDSuite, neighborhood occupancy is in a high national percentile, aligning with stable operations for well-managed communities.
Within a 3-mile radius, household counts are steady and projected to increase as average household size trends lower, expanding the renter pool. Income growth in the area provides support for rent levels, and proximity to diverse employers underpins demand across economic cycles. Operators should prioritize on-site conveniences given limited immediate cafe and grocery presence and continue to monitor property-crime trends as part of risk management.
- High neighborhood occupancy and strong renter concentration support income durability
- Elevated home values in North OC sustain multifamily demand and lease retention
- 3-mile demographics point to growing household counts and a larger tenant base
- Diverse nearby employers (healthcare, finance, tech) bolster leasing stability
- Risks: limited immediate cafe/grocery options; monitor near-term property-crime trends