| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 84th | Best |
| Demographics | 80th | Best |
| Amenities | 94th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 18992 Florida St, Huntington Beach, CA, 92648, US |
| Region / Metro | Huntington Beach |
| Year of Construction | 1972 |
| Units | 80 |
| Transaction Date | 2020-04-17 |
| Transaction Price | $23,300,000 |
| Buyer | HUNTINGTON POINTE 2019 LP |
| Seller | KDF QV LP |
This area demonstrates several characteristics that may appeal to investors seeking long-term value appreciation. The neighborhood typically features established infrastructure and convenient access to major transportation corridors.
Local amenities include shopping centers, dining establishments, and recreational facilities that tend to support stable residential demand. The area has shown patterns of gradual development and community investment over recent years.
Proximity to employment centers and educational institutions may contribute to consistent rental market activity, though individual property performance can vary based on specific location and condition factors.
The area generally maintains community safety standards typical of similar residential neighborhoods. Local law enforcement presence appears adequate for the district, with standard patrol coverage and emergency response capabilities.
Many properties in the vicinity feature security-conscious design elements such as well-lit common areas and clear sightlines. Neighborhood watch programs and community engagement initiatives are often present in established residential areas like this.
As with any investment consideration, investors may wish to review current local safety statistics and trends as part of their due diligence process.
The surrounding area benefits from proximity to diverse employment sectors that may support rental demand stability. Major employers in the broader region typically include healthcare systems, educational institutions, and established commercial enterprises.
The location offers reasonable commuting access to multiple business districts, which can be attractive to working professionals seeking rental properties. Technology companies, financial services, and retail operations contribute to the local employment landscape.
Government facilities and municipal services also provide employment opportunities in the area. The diversity of employment options may help support consistent tenant demand across various economic conditions.
This property presents several investment characteristics worth considering for portfolio diversification. The location demonstrates fundamental market stability with established infrastructure and community amenities that typically support property values.
Key investment considerations include:
- Strategic positioning within a developed neighborhood with proven rental demand patterns
- Access to transportation networks that appeal to working professionals
- Proximity to amenities that enhance long-term desirability
- Potential for value appreciation through strategic improvements
The property type and location profile suggest opportunities for both rental income generation and capital appreciation over appropriate investment timeframes. Market conditions and property-specific factors should be evaluated as part of comprehensive investment analysis.