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Rarely available 8-unit investment 2 Multifamily Properties Offered at $5,698,000 in Huntington Beach, CA
Executive Summary
Rarely available 8-unit investment, consisting of two adjacent fourplexes on separate parcels (123 14th St. is the other address; $2,849,000 per 4plex). Originally built in 1973, the buildings have new roofs completed in 2024 and newer electrical panels. The total unit mix consists of (2) 3BR/2.5BA, (4) 2BR/2BA, and (2) 2BR/1.5BA, complemented by 14 single-car garages, patios, balconies, on-site laundry, and fireplaces in the 3-bedroom units. Set in a prestigious "100 Block" location, the properties are just steps from the sand. They are also mere minutes from Pacific City, a 31-acre oceanfront hub with 60+ retail and dining options, in addition to the bustling culinary, shopping, and social scene on Main Street. Downtown Huntington Beach is the epitome of a supple-constrained coastal enclave, perfect for investors seeking irreplaceable assets.
Property Facts
| Price | $5,698,000 | Number of Properties | 2 |
| Price / SF | $660.10 / SF | Individually For Sale | 2 |
| Cap Rate | 2.32% | Total Building Size | 8,632 SF |
| Sale Type | Investment | Total Land Area | 0.26 AC |
| Status | Active |
| Price | $5,698,000 |
| Price / SF | $660.10 / SF |
| Cap Rate | 2.32% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 2 |
| Total Building Size | 8,632 SF |
| Total Land Area | 0.26 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 123 14th St, Huntington Beach, CA 92648 | Multifamily | 4,316 SF | 1973 | $2,849,000 |
| 119 14th St, Huntington Beach, CA 92648 | Multifamily | 4,316 SF | 1973 | $2,489,000 |
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Rarely available 8-unit investment