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19131-19161 Delaware St
Huntington Beach, CA 92648 Garfield

$36,000,000 USD

Apartments For Sale  •  55,350 SF

Property Details

  • Property Type Apartments
  • Total Building Size 55,350 SF
  • Lot Size 4.47 AC
  • Building Class B
  • Year Built 1943
  • Cap Rate 4.50 %
  • Tenancy Single
  • Zoning RM
33 Transit Score
75 Walk Score

Highlights

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
Value-Add Potential Through ADU Development

Financial Summary (Actual)

Net Operating Income: $1,621,024 USD (2026)
Cap Rate: 4.50 %
Total Expenses: $846,208 USD

Major Tenants

Tenant SF Occupied Lease End Date
Artisan Bonding & Insurance Service

Amenities

  • 24 Hour Access
  • Courtyard
  • Laundry Facilities
  • Property Manager on Site
  • Tenant Controlled HVAC
  • Pet Play Area
  • Granite Countertops
  • Stainless Steel Appliances
  • Maintenance on site
  • Double Pane Windows
  • Patio
  • Vinyl Flooring
  • Walk-Up

Public Transportation

AirportDriveWalkDistance
John Wayne/Orange County 14 min - 8.3 mi
Long Beach (Daugherty Field) 25 min - 17.1 mi
Los Angeles International 48 min - 35.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 39
Type: Surface
Included in Rent: Yes
Tyler Leeson 714-713-9086 Marcus & Millichap
Tyler Leeson 714-713-9086 Marcus & Millichap