Log In/Sign Up
Your email has been sent.
1015 Georgia St 5 Unit Apartment Building $2,600,000 ($520,000/Unit) 4.27% Cap Rate Huntington Beach, CA 92648
Investment Highlights
- Entire exterior freshly painted - May 2026
- New Roof on All Structures- April 2026
- Minutes to Downtown Huntington Beach
- Fumigated and Section 1 Clearance- March 2026
- New Milgard Windows and Slider on Main Structure
- Minutes to Pacific City
Executive Summary
A rare, well maintained 5 unit multi-family property located near downtown Huntington Beach. Completed May 2026, the property has a new roof, fumigated for termite and section 1 item clearance, freshly painted exterior, and all new Milgard windows and sliders to the front main structure. There is one 3 bedroom unit, three 2 bedrooms units and , one studio. There are 4 single car garages to the front of the building and a separate 2 car garage located to the rear of the property. The property is conveniently located just a short distance to downtown, Pacific City, nearby stores, restaurants, and the beautiful beach and Huntington Beach pier. This is a property you won't want to miss.
Data Room Click Here to Access
- Offering Memorandum
- Operating and Financials
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$132,314
|
$18.38
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$132,314
|
$18.38
|
| Taxes |
$8,912
|
$1.24
|
| Operating Expenses |
$32,323
|
$4.49
|
| Total Expenses |
$41,235
|
$5.73
|
| Net Operating Income |
$91,079
|
$12.65
|
Financial Summary (Actual - 2023)
| Gross Rental Income | |
|---|---|
| Annual | $132,314 |
| Annual Per SF | $18.38 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $132,314 |
| Annual Per SF | $18.38 |
| Taxes | |
|---|---|
| Annual | $8,912 |
| Annual Per SF | $1.24 |
| Operating Expenses | |
|---|---|
| Annual | $32,323 |
| Annual Per SF | $4.49 |
| Total Expenses | |
|---|---|
| Annual | $41,235 |
| Annual Per SF | $5.73 |
| Net Operating Income | |
|---|---|
| Annual | $91,079 |
| Annual Per SF | $12.65 |
Property Facts
| Price | $2,600,000 | Building Class | C |
| Price Per Unit | $520,000 | Lot Size | 0.17 AC |
| Sale Type | Investment | Building Size | 7,200 SF |
| Cap Rate | 4.27% | Average Occupancy | 100% |
| No. Units | 5 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1978 |
| Property Subtype | Apartment | Parking Ratio | 0.83/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | Multi Family - Multi Family Dwelling | ||
| Price | $2,600,000 |
| Price Per Unit | $520,000 |
| Sale Type | Investment |
| Cap Rate | 4.27% |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 7,200 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1978 |
| Parking Ratio | 0.83/1,000 SF |
| Zoning | Multi Family - Multi Family Dwelling |
Amenities
Site Amenities
- Courtyard
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2.5 | 1 | $3,000 | 943 |
| Studios | 1 | $1,650 | 368 |
| 2+1 | 2 | $2,470 | 640 - 710 |
| 2+1.5 | 1 | $2,310 | 872 |
1 1
Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 025-173-15 | Total Assessment | $710,565 (2025) |
| Land Assessment | $432,678 (2025) | Annual Taxes | $8,912 ($1.24/SF) |
| Improvements Assessment | $277,887 (2025) | Tax Year | 2023 |
Property Taxes
Parcel Number
025-173-15
Land Assessment
$432,678 (2025)
Improvements Assessment
$277,887 (2025)
Total Assessment
$710,565 (2025)
Annual Taxes
$8,912 ($1.24/SF)
Tax Year
2023
1 of 15
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Contact the Sale Advisor
1015 Georgia St