| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 74th | Poor |
| Demographics | 90th | Best |
| Amenities | 49th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 7795 Neptune Dr, Huntington Beach, CA, 92648, US |
| Region / Metro | Huntington Beach |
| Year of Construction | 1981 |
| Units | 75 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
7795 Neptune Dr Huntington Beach 75-Unit Multifamily Investment
Positioned in an Inner Suburb pocket with strong amenities and high-income households, this asset benefits from a stable renter base and demand drivers, according to WDSuite’s CRE market data.
Huntington Beach’s Inner Suburb setting combines coastal lifestyle appeal with neighborhood fundamentals that are competitive among Anaheim–Santa Ana–Irvine neighborhoods. Amenity access is a clear strength: cafes and restaurants are dense by national standards, and park access ranks among the top quartile nationally — factors that can support leasing velocity and retention.
Rents in the immediate neighborhood benchmark at the higher end nationally while median household incomes also score in the upper percentiles, supporting payment capacity and helping manage affordability pressure. Home values are elevated versus most U.S. neighborhoods, which tends to sustain reliance on multifamily housing and can reinforce pricing power and lease retention for well-managed assets.
The property’s 1981 vintage is older than the neighborhood’s average construction year, pointing to potential value-add opportunities through targeted renovations and systems upgrades. For investors, this can create a path to repositioning relative to newer nearby stock while planning for capital needs.
Tenure patterns indicate roughly two-fifths of housing units are renter-occupied in the neighborhood, suggesting a meaningful — though not dominant — renter concentration that supports demand depth for a 75-unit community. Within a 3-mile radius, households have inched higher recently and are projected to grow further over the next five years, expanding the local tenant base even as household sizes trend slightly smaller; both dynamics can support occupancy stability for professionally operated multifamily assets.
Compared with neighborhoods nationwide, WDSuite’s data places this area above average for safety overall, with property and violent offense measures in the top quartile nationally. Recent year-over-year trends indicate modest improvement, which can aid renter confidence and lease retention over hold periods. Within the Anaheim–Santa Ana–Irvine metro, safety varies by micro-area; investors should underwrite to property-level controls and management practices rather than block-level assumptions.
Nearby white-collar employment anchors in Newport Beach, Irvine, and Costa Mesa provide a large commuter base and support leasing stability for workforce and professional renters. Key employers within a typical renter commute include Pacific Life, First American Financial, Western Digital, and the Microsoft Technology Center.
- Pacific Life — corporate offices (7.1 miles) — HQ
- First American Financial Corporation — corporate offices (8.2 miles)
- First American Financial — corporate offices (8.2 miles) — HQ
- Western Digital — corporate offices (8.8 miles) — HQ
- Microsoft Technology Center — corporate offices (8.9 miles)
7795 Neptune Dr offers a 75-unit footprint in an amenity-rich Inner Suburb of Huntington Beach where high household incomes and elevated ownership costs underpin renter demand. Neighborhood rents sit at the higher end nationally, yet rent-to-income levels indicate capacity to pay, helping support occupancy and revenue durability. According to CRE market data from WDSuite, neighborhood occupancy has edged higher over the past five years, and safety metrics are above national averages — both supportive of tenant retention and steady operations.
Built in 1981, the asset is older than the area’s average stock, creating a practical value-add and capital planning thesis to maintain competitiveness against newer product. Within a 3-mile radius, households are projected to increase, expanding the tenant base. Combined with strong nearby employment nodes in Newport Beach and Irvine, the location provides a balanced long-term setup while acknowledging that a moderate renter share and premium rent levels call for disciplined lease management.
- Amenity-dense neighborhood with top-tier cafe, restaurant, and park access supporting leasing and retention
- High-income households and elevated ownership costs reinforce multifamily demand and pricing power
- 1981 vintage offers clear value-add and systems upgrade potential to compete with newer stock
- Household growth within 3 miles points to a larger tenant base over the medium term
- Risk: moderate renter share and premium rent levels require active leasing and renewal discipline