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Multifamily

Huntington Manor Homes

19131 Delaware St, Huntington Beach, CA 92648

Listing Price: $36,000,000

Cap Rate
4.50%
Number of Units
77
GRM
14.89
Price/Unit
$467,532
Price/Gross SF
$650.41
Gross SF
55,350

Investment Overview

Huntington Manor Homes is an exceptional 77-unit multifamily complex in the heart of vibrant Huntington Beach. Situated across 17 single-story buildings on a spacious 4.47-acre double lot, Huntington Manor offers an excellent mix of one and two-bedroom floor plans and a comprehensive community amenity package that includes a dog park, leasing office, ample carport and surface parking, spacious central courtyards, and an on-site laundry facility.

Current ownership has implemented an in-depth renovation program to revitalize the asset, investing more than $2.8 million across unit interior and exterior upgrades. 72 of the 77 renovated unit interiors feature high-quality finishes including quartz countertops, stainless steel appliances, shaker-style cabinetry, tile backsplashes, vinyl flooring, dual-pane windows, in-unit laundry, and spacious private patios. Additionally, a new owner has the opportunity to capitalize on underutilized community space by converting or creating accessory dwelling units, which would diversify the unit mix and increase potential rental revenue.

With a prime Huntington Beach location, residents of Huntington Manor Homes are at the heart of everything the city offers. The property sits within 0.5 miles of 5 Points Plaza, Seacliff Village, and Newland Shopping Center for daily retail essentials. Additionally, Huntington Manor is within 2 miles of Downtown Huntington Beach, the vibrant city center featuring an abundance of popular restaurants, bars, and retailers, as well as the world-famous Huntington City Beach and Pier. Lastly, Beach Boulevard provides tenants easy access to major employment hubs across Orange County.

Investment Highlights

  • 77-Unit Multifamily Community in Huntington Beach
  • 72 of 77 Units Renovated (2022–2023)
  • Over $2.8M Invested in Interior & Exterior Upgrades
  • Desirable Unit Mix: 39 One-Bedroom & 38 Two-Bedroom Units
  • Large 4.47-Acre Site with 17 Single-Story Buildings
  • Modern Unit Interiors with Quartz Counters, Stainless Appliances & In-Unit Laundry
  • Private Patios/Yards in Many Units
  • Amenity-Rich Community with Dog Park, BBQ Areas & Package Lockers

Exclusively Listed By

Multifamily

Huntington Manor Homes

Listing Price: $36,000,000

Cap Rate
4.50%
Number of Units
77
GRM
14.89
Price/Unit
$467,532
Price/Gross SF
$650.41
Gross SF
55,350

Investment Highlights

  • 77-Unit Multifamily Community in Huntington Beach
  • 72 of 77 Units Renovated (2022–2023)
  • Over $2.8M Invested in Interior & Exterior Upgrades
  • Desirable Unit Mix: 39 One-Bedroom & 38 Two-Bedroom Units
  • Large 4.47-Acre Site with 17 Single-Story Buildings
  • Modern Unit Interiors with Quartz Counters, Stainless Appliances & In-Unit Laundry
  • Private Patios/Yards in Many Units
  • Amenity-Rich Community with Dog Park, BBQ Areas & Package Lockers

Investment Overview

Huntington Manor Homes is an exceptional 77-unit multifamily complex in the heart of vibrant Huntington Beach. Situated across 17 single-story buildings on a spacious 4.47-acre double lot, Huntington Manor offers an excellent mix of one and two-bedroom floor plans and a comprehensive community amenity package that includes a dog park, leasing office, ample carport and surface parking, spacious central courtyards, and an on-site laundry facility. Current ownership has implemented an in-depth renovation program to revitalize the asset, investing more than $2.8 million across unit interior and exterior upgrades. 72 of the 77 renovated unit interiors feature high-quality finishes including quartz countertops, stainless steel appliances, shaker-style cabinetry, tile backsplashes, vinyl flooring, dual-pane windows, in-unit laundry, and spacious private patios. Additionally, a new owner has the opportunity to capitalize on underutilized community space by converting or creating accessory dwelling units, which would diversify the unit mix and increase potential rental revenue. With a prime Huntington Beach location, residents of Huntington Manor Homes are at the heart of everything the city offers. The property sits within 0.5 miles of 5 Points Plaza, Seacliff Village, and Newland Shopping Center for daily retail essentials. Additionally, Huntington Manor is within 2 miles of Downtown Huntington Beach, the vibrant city center featuring an abundance of popular restaurants, bars, and retailers, as well as the world-famous Huntington City Beach and Pier. Lastly, Beach Boulevard provides tenants easy access to major employment hubs across Orange County.

Exclusively Listed By

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