| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 83rd | Good |
| Demographics | 77th | Good |
| Amenities | 47th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 16841 Lynn Ln, Huntington Beach, CA, 92649, US |
| Region / Metro | Huntington Beach |
| Year of Construction | 1977 |
| Units | 24 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
16841 Lynn Ln Huntington Beach Multifamily Investment
Neighborhood occupancy and renter concentration signal durable demand, according to WDSuite’s CRE market data, supporting steady leasing and income stability for well-managed assets.
Located in Huntington Beach within the Anaheim–Santa Ana–Irvine metro, the immediate neighborhood rates B+ and sits above the metro median overall (191 of 516). Neighborhood occupancy is strong and trending firm, with the area in the top quartile nationally for occupied housing — a constructive backdrop for maintaining rent rolls, per WDSuite.
Renter-occupied share in the neighborhood is high (around three-quarters of units), indicating a deep tenant base and stable multifamily demand. Within a 3-mile radius, demographics skew higher-income and more owner-weighted, yet household incomes are rising and support rent levels. Median contract rents and home values are elevated versus national norms; in this high-cost ownership market, multifamily provides more accessible housing options, which can reinforce retention and pricing power.
Livability drivers are mixed. Parks and pharmacies are abundant (both near the top of metro rankings and top percentile nationally), restaurants are accessible, while density of cafes and groceries is thinner in the immediate area. For investors, this combination supports day-to-day convenience without relying on heavy retail clustering, and suggests demand is more residential and commuter-driven than amenity-led.
Within a 3-mile radius, recent trends point to stable population with rising incomes and a projected increase in household counts alongside slightly smaller household sizes — dynamics that can expand the local renter pool and support occupancy stability for professionally operated properties, based on WDSuite’s commercial real estate analysis.
Safety metrics compare favorably in a national context: the neighborhood sits in the top quartile nationally for lower violent and property offense rates. Relative to the 516 neighborhoods in the Anaheim–Santa Ana–Irvine metro, it is competitive on safety, and recent readings indicate modest improvement in violent incidents year over year, according to WDSuite.
As always, investors should underwrite with sub-neighborhood variation in mind and rely on property-level measures (lighting, access control, and management practices) to sustain resident satisfaction and retention.
Proximity to a diversified employment base supports commuter convenience and leasing stability, including packaging, healthcare, telecom, and title/financial services employers highlighted below.
- INTERNATIONAL PAPER Cypress Retail Packaging — packaging (5.9 miles)
- Molina Healthcare — healthcare services (9.5 miles) — HQ
- Time Warner Business Class — telecom/business services (10.5 miles)
- First American Financial Corporation — title & financial services (10.8 miles)
- First American Financial — title & financial services (10.8 miles) — HQ
This 24-unit asset benefits from a neighborhood with high renter concentration, strong occupied housing levels, and household incomes that can support rent levels. Elevated home values in the area point to a high-cost ownership market, which generally sustains multifamily demand and can aid lease retention. According to WDSuite’s CRE market data, neighborhood occupancy is in the top quartile nationally, aligning with investor interest in stabilized submarkets.
Within a 3-mile radius, incomes are rising and household counts are projected to increase as average household size edges lower — a setup that can expand the tenant base. Livability is supported by strong park access and pharmacy density, with restaurant options nearby, while commuters draw on a diversified employer base within 6–12 miles. Key underwriting considerations include thinner immediate retail density and monitoring recent volatility in property crime trends.
- High neighborhood renter-occupied share and strong occupied housing support stable demand
- Rising incomes and projected household growth (3-mile radius) expand the renter pool
- Elevated ownership costs bolster multifamily retention and pricing power
- Access to diversified employers within 6–12 miles supports commute-driven leasing
- Risks: thinner immediate retail/cafe density and recent property crime volatility warrant ongoing monitoring