| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 84th | Best |
| Demographics | 80th | Best |
| Amenities | 94th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 8082 Constantine Dr, Huntington Beach, CA, 92646, US |
| Region / Metro | Huntington Beach |
| Year of Construction | 1977 |
| Units | 27 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
8082 Constantine Dr Huntington Beach Multifamily Investment
Positioned in an A-rated Huntington Beach neighborhood with steady occupancy and a deep renter pool, this asset benefits from strong local incomes and high-cost homeownership that supports rental demand, according to WDSuite’s CRE market data.
The property sits within the Anaheim–Santa Ana–Irvine metro’s Urban Core fabric, where neighborhood-level occupancy is 94.4% and renter-occupied housing accounts for just over half of units. For investors, that mix points to a broad tenant base and generally stable leasing conditions rather than transient, lease-up–driven exposure.
Daily-life convenience is a differentiator: grocery access ranks in the top quartile nationally, restaurants are competitive at the top end of U.S. neighborhoods, and pharmacies register near the national peak. Parks and cafes are also above national medians. These amenity concentrations typically aid retention and support rent trade-outs by reinforcing neighborhood livability.
Home values are elevated relative to incomes in this part of Orange County, a high-cost ownership market that tends to sustain reliance on multifamily housing. That dynamic, combined with a rent-to-income profile that is manageable for many local households, supports pricing power while keeping an eye on renewal risk.
Demographic statistics aggregated within a 3-mile radius show resilient household counts and rising incomes over the past five years, with forecasts indicating modest population growth and additional household formation over the next cycle. This points to a larger tenant base and supports occupancy stability.
Built in 1977, the asset is slightly older than the neighborhood’s average vintage (early 1980s). That creates clear value-add pathways—interiors, common areas, and building systems—while competing against a mix of older stock where well-executed renovations can command a premium without overreaching.
Neighborhood safety compares favorably at the national level: violent-offense indicators sit in the upper tier nationally, and property-offense levels are also comparatively favorable. Recent trend data, however, show a short-term uptick in property-related incidents locally, while violent categories have eased year over year. For underwriting, this suggests monitoring near-term property-crime trends alongside the broader, comparatively strong safety profile.
Proximity to major Orange County employers supports workforce housing demand and commute convenience, notably across finance, insurance, and technology represented by First American, Pacific Life, Western Digital, and Microsoft.
- First American Financial Corporation — insurance & title services (7.38 miles)
- First American Financial — insurance & title services (7.41 miles) — HQ
- Pacific Life — insurance (7.97 miles) — HQ
- Western Digital — data storage & technology (8.59 miles) — HQ
- Microsoft Technology Center — technology solutions (8.60 miles)
8082 Constantine Dr offers a defensible Huntington Beach location with high neighborhood performance, steady leasing dynamics, and amenity depth that supports retention. Based on CRE market data from WDSuite, neighborhood occupancy is healthy, renter-occupied housing is substantial, and ownership costs are elevated—factors that reinforce multifamily demand and support rent growth management rather than aggressive lease-up risk.
Constructed in 1977, the asset is slightly older than the local average, creating a practical value-add story in interiors and common areas while competing against a broad base of older stock. Within a 3-mile radius, household counts and incomes are rising and are projected to expand further, indicating a larger tenant base and continued demand for well-positioned units.
- Demand drivers: strong amenity access, healthy neighborhood occupancy, and substantial renter-occupied share support leasing stability.
- Value-add potential: 1977 vintage provides scope for targeted renovations to capture rent premiums versus older comparables.
- Income tailwinds: 3-mile household and income growth expand the tenant base and bolster renewal probability.
- Pricing power context: elevated ownership costs in this submarket tend to sustain reliance on multifamily housing.
- Risks to monitor: recent property-crime upticks and capex needs typical of late-1970s construction may influence underwriting and reserves.