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$34,950,000
70 Days Online

19131 19161 Delaware Street
Huntington Beach, CA 92648

For Sale|Multi-Family|Active
County:
Orange
Listed by Tyler Leeson of Marcus & Millichap RE Invest 714-713-9086

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19131 19161 Delaware Street19131 19161 Delaware Street19131 19161 Delaware Street19131 19161 Delaware Street
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Huntington Manor is a 77-unit multifamily investment opportunity located in Huntington Beach, CA. Situated across 16 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. With a prime Huntington Beach location, residents of Huntington Manor are at the epicenter of all that Huntington Beach has to offer. The property is located within a 0.50-mile radius of 5 Points Plaza, Seacliff Village, and Newland Shopping Center, providing residents convenient access to everyday needs. Additionally, residents enjoy Huntington Manor’s close proximity, just 0.85 miles, to Huntington Central Park and the plethora of outdoor activities it provides. 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, home to the US Open of Surfing. Furthermore, residents benefit from Huntington Manor’s close proximity to Beach Boulevard, connecting residents to employment hubs throughout Orange County. Huntington Manor represents a unique, turnkey investment opportunity with additional upside potential. 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. 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 it to four accessory dwelling units, which would diversify the unit mix and increase potential rental revenue. Furthermore, Huntington Beach’s continued strong rental metrics, including a Q1 2023 occupancy rate of 96.3 percent and a year-over-year rent growth of 7.5 percent for 2022, are evidence of the substantial demand for rental units in the city.

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Listing Snapshot
Price 
$34,950,000
Days Online 
70 Days
Bedrooms 
N/A
Inside Area (SqFt) 
55,350 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
4.47 Acres
Year Built 
1943
MLS Number 
OC23179802
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS
a month agoPrice changed to $34,950,000
2 months agoListing first seen online
General Features
Parking Spaces 
135
Sewer 
Public Sewer
Number of Stories 
1
Acreage 
4.47
Water 
Public
Property Sub Type 
Apartment
Garage Spaces 
0
Listing Conditions 
Standard
Interior Features
Laundry Features 
Common Area
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Exterior Features
Pool Features 
None
Lot 
Street Level
Community Features
Community Features 
CurbsSidewalks
Senior Community 
No
MLS Area 
699 – Not Defined


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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DISCLAIMER: Lux Team is a very competitive environment. All applicants are thoroughly screened and not all are accepted. Each applicant must apply, interview, and be selected to join the Lux Team. If accepted, you become part of the Lux Team family! No experience required. Only prerequisite to apply is: Must be a good person.

Become a
Lux Team Agent

DISCLAIMER: Lux Team is a very competitive environment. All applicants are thoroughly screened and not all are accepted. Each applicant must apply, interview, and be selected to join the Lux Team. If accepted, you become part of the Lux Team family! No experience required. Only prerequisite to apply is: Must be a good person.
DISCLAIMER: Lux Team is a very competitive environment. All applicants are thoroughly screened and not all are accepted. Each applicant must apply, interview, and be selected to join the Lux Team. If accepted, you become part of the Lux Team family! No experience required. Only prerequisite to apply is: Must be a good person.