221 10th Street, Huntington Beach, CA 92648

$5,050,000

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List Price
$5,050,000
Status
ACTIVE
MLS#
NP26146572
Year Built
1973
Lot Size
8,712
Acres
0.20
Lot Location
Sprinklers In Front
Days on Market
21
Property Type
Multifamily
Property Sub Type
Mixed Use
Stories
Two Levels
Neighborhood
/

Property Description

Located just two blocks from the sand and a short walk to the iconic Huntington Beach Pier, 221 10th St is a rare opportunity to own a stabilized, income-producing property in the heart of Surf City USA. This well-maintained, fully rented 9-unit building features (4) one-bedroom and (5) two-bedroom units, each with private balconies or patios. Tenants enjoy updated interiors, a shared laundry room, and ample parking, including (10) single-car garages and (2) additional open spaces. Situated on an oversized 8,749 +/- sqft triple lot, this turnkey asset is within walking distance to Main Street, Pacific City, top restaurants, shopping, and year-round events. With unmatched proximity to the beach lifestyle that draws millions annually, this property offers both long-term value and immediate cash flow in one of Southern California’s most desirable coastal communities.

Additional Information

Pool Description
None
Heat
Wall Furnace
View
Peek-A-Boo
Exterior Construction
Stucco
Garage Spaces Total
10
Sewer
Public Sewer
Water
Public
Interior Features
Balcony
Attached Structure
Detached
Number Of Units Total
9
Gross Scheduled Income
$319,942
Operating Expense
107281

Listing courtesy of Listing Agent: Andre White (andre@caingroup.com) from Listing Office: Pacific Sotheby's Int'l Realty.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.