| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 88th | Best |
| Demographics | 81st | Best |
| Amenities | 59th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 19221 Delaware St, Huntington Beach, CA, 92648, US |
| Region / Metro | Huntington Beach |
| Year of Construction | 1974 |
| Units | 34 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
19221 Delaware St Huntington Beach Multifamily Investment
Neighborhood fundamentals point to durable renter demand and above-metro occupancy stability, according to WDSuite s CRE market data. Investors screening Orange County assets may find consistent leasing and high-cost ownership dynamics that support retention in this submarket.
The property sits in an Urban Core pocket of Huntington Beach rated A at the neighborhood level, competitive among Anaheim Santa Ana Irvine neighborhoods (78th of 516). Local housing indicators are strong, with occupancy in the neighborhood above the metro median and in the top quartile nationally, a setup that typically favors stable lease-ups and steady renewal activity based on CRE market data from WDSuite.
Renter concentration in the neighborhood is elevated (share of housing units that are renter-occupied), indicating a deep tenant base for multifamily. Median contract rents benchmark in the upper tier nationally, which signals established pricing power; investors should manage renewals with attention to affordability pressure rather than pushing outsized increases.
Daily-needs access is solid, with grocery and pharmacy density comparing well nationwide, while childcare options rank near the top of U.S. neighborhoods. Dining variety is present at a moderate level. Green space and cafe density are thinner nearby, so on-site amenities and thoughtful common-area programming can help reinforce resident satisfaction.
Within a 3-mile radius, demographics indicate a high-income household base today with continued expansion in household counts projected over the next five years. Even with modest population shifts, a larger household base and rising incomes point to a broader renter pool, supporting occupancy stability and demand for quality renovated units.
Neighborhood-level safety metrics compare favorably both in the metro and nationally. Overall crime positioning is in the top decile nationwide, and recent estimates show meaningful year-over-year declines in both property and violent offenses. While conditions can vary by block and over time, the broader trend supports renter retention and property operations.
As with any urban core location, investors should underwrite standard security measures and monitor local trends, but the comparative standing versus U.S. neighborhoods suggests a supportive backdrop for multifamily performance.
Proximity to a diversified white-collar employment base supports commuter convenience and steady renter demand, led by insurance, financial services, and technology employers noted below.
- First American Financial insurance & title services (7.8 miles) HQ
- Pacific Life insurance (8.0 miles) HQ
- INTERNATIONAL PAPER Cypress Retail Packaging packaging & paper (8.3 miles)
- Prudential financial services (8.7 miles)
- Western Digital data storage & technology (8.9 miles) HQ
19221 Delaware St is a 34-unit asset built in 1974, slightly older than the neighborhood s average vintage. That age profile can translate into clear value-add pathways targeted interior upgrades and building systems modernization while leveraging neighborhood fundamentals that rank above the metro median for occupancy and sit in the upper tiers nationally for housing strength. Elevated home values in the neighborhood reinforce renter reliance on multifamily, which helps underpin leasing and renewal stability.
Within a 3-mile radius, household counts are projected to increase alongside higher income bands, expanding the renter pool and supporting sustained demand. Rents benchmark in the upper national tier, but rent-to-income positioning suggests measured pricing power; prudent revenue management should balance retention with incremental growth. Based on commercial real estate analysis using WDSuite s data, the combination of high-cost ownership context, robust renter concentration, and the property s renovation potential frames a durable, operations-first thesis with upside from modernization.
- Above-metro neighborhood occupancy and strong national standing support stable leasing and renewals.
- 1974 vintage creates value-add potential via interiors and selective building systems upgrades.
- Elevated local home values sustain renter demand, reinforcing depth of the tenant base.
- 3-mile household growth and rising incomes point to a larger renter pool and support occupancy stability.
- Risks: aging asset capital needs and moderate amenity gaps nearby warrant conservative CapEx and resident-experience planning.