Huntington Beach is a coastal gem and a prime destination for multi-family home investors seeking a vibrant market with a beachside lifestyle. Known as "Surf City, USA," Huntington Beach offers a unique combination of natural beauty, recreational activities, and a thriving community. The city is renowned for its pristine sandy beaches, ideal for swimming, surfing, and beachside relaxation. Multi-family properties in Huntington Beach offer residents and tenants the opportunity to enjoy a beach-oriented lifestyle, with easy access to water sports, sun-soaked days, and breathtaking sunsets. Learn more about Huntington Beach!
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Demographics
Huntington Beach boasts a thriving community that appeals to a wide range of potential tenants, making it an ideal location for multi-family home investors. With a diverse demographic mix of young professionals, families, and retirees, property owners can expect a steady demand for rental units in this vibrant coastal city.
The population of Huntington Beach, California was 198,723 as of 2020.
According to the U.S. Census Bureau, some recent statistics for Huntington Beach include:
- 63.1% of the population is aged 18-64 years
- 18.7% of the population is under 18 years
- The median household income between 2017-2021 was $104,728
Housing Statistics
Some recent housing data from the U.S. Census Bureau indicates that:
- There were 77,143 households with 2.56 persons per household in 2017-2021
- The owner-occupied housing unit rate in 2017-2021 was 55.8%
- The median gross rent for 2017-2021 was $2,123
Top Employers
One of the largest employers in the area is Boeing, a prominent aerospace company that has a significant presence in Huntington Beach. The company's operations in the city include research, development, and manufacturing, making it a crucial contributor to the local economy. Additionally, the City of Huntington Beach itself serves as a major employer, offering a variety of positions in public administration, public safety, and recreation services. Tourism is also a large industry in the area, with thousands of visitors a year coming to enjoy the beach lifestyle.
Transportation
Huntington Beach is well-connected to major roadways, including the Pacific Coast Highway (Highway 1) and the San Diego Freeway (Interstate 405), allowing for easy travel within the region and to neighboring cities. Public transportation is also readily available, with the Orange County Transportation Authority (OCTA) operating bus routes throughout the area. Huntington Beach is also known for its bike-friendly infrastructure, with numerous bike lanes and paths that promote active transportation and provide an alternative mode of commuting.
Shopping and Dining
Huntington Beach offers a diverse range of retail and culinary experiences that contribute to its lively and desirable atmosphere. The city is home to several shopping destinations, including Pacific City, a popular outdoor mall that features a mix of high-end boutiques, trendy shops, and waterfront dining options. The nearby Bella Terra shopping center also offers a variety of stores, restaurants, and entertainment venues, creating a bustling hub. Additionally, Downtown Huntington Beach is a charming and walkable district lined with boutique shops, surf stores, and eateries. The area comes alive with a vibrant atmosphere, particularly during the weekly Surf City Nights street fair.
Things to Do
Huntington Beach’s most iconic feature is its 8.5-mile stretch of pristine coastline, boasting world-class beaches and renowned surfing spots. Surf enthusiasts flock to Huntington Beach to catch waves and witness premier surfing competitions, such as the annual U.S. Open of Surfing. The Huntington Beach Pier also offers stunning ocean views and is an extension of Main Street which is a hub of activity with its vibrant dining options, unique shops, and lively atmosphere. Additionally, Huntington Beach hosts a variety of concerts, festivals, and community events throughout the year.
Major Attractions in Huntington Beach:
- Huntington Beach Pier
- Huntington Dog Beach
- Main Street
- Huntington State Beach
- International Surfing Museum
- Pacific City
- Bella Terra
- Huntington Central Park
- Old World Village
- Bolsa Chica Ecological Reserve
Invest in Multi-Family Real Estate in Huntington Beach with the Bridge Multifamily Team at Cushman & Wakefield
Thinking of purchasing multi-family units and investment properties in Huntington Beach, California? Connect with the Bridge Multifamily Team at Cushman & Wakefield to get started on your multi-family property search today. Reach out to us online or give our office a call at 949-372-4888!
