Marcus & Millichap RE Invest
Listed by Marcus & Millichap RE Invest
$36,000,000
19131 Delaware Street
Details
APN 15933102
Property Type Multifamily
Sub Type Apartment Building
Units 77
Cap Rate 4.50%
Buildings 17
Stories 1
Acreage 4.470
Zoning Assessor
Multifamily | 4.50% CAP | 77 Units
Marketing description
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 provid
Listing Contacts
Marcus & Millichap RE Invest
Listed by Marcus & Millichap RE Invest
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