425 15th, Huntington Beach, CA 92648

$2,925,000

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List Price
$2,925,000
Status
ACTIVE
MLS#
OC26115847
Year Built
1972
Lot Size
5,671
Acres
0.13
Lot Location
6-10 Units/Acre
Days on Market
60
Property Type
Multifamily
Property Sub Type
Apartment

Property Description

425 15th Street is a turnkey four-unit multifamily property located in the highly desirable Downtown Huntington Beach neighborhood, just a short walk from the Pacific Ocean. Situated on a large corner lot, the property offers approximately 4,081 square feet of living space and features a well-balanced unit mix of one 3-bedroom unit, two 2-bedroom units, and one 1-bedroom unit. This asset has undergone extensive renovations, including new exterior paint, roof, doors, and windows, providing a low-maintenance investment profile. All units feature upgraded flooring, granite countertops, tile kitchen backsplashes, stainless steel appliances, private patios, and renovated bathrooms, with select units offering fireplaces for added tenant appeal. Additional amenities include six garage spaces, on-site laundry, and a courtyard-style setting that enhances livability. Positioned just blocks from the beach, Main Street, and the Huntington Beach Pier, the property benefits from exceptional walkability and access to premier coastal dining, retail, and entertainment. The surrounding area is supported by a strong local economy driven by tourism, hospitality, and professional services, ensuring consistent rental demand. With its turnkey condition, comprehensive interior and exterior upgrades, and prime coastal location, 425 15th Street presents a rare opportunity to acquire a stabilized asset in one of Orange County’s most sought-after rental markets.

Additional Information

Pool Description
None
Garage Spaces Total
6
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$170,772
Operating Expense
57085

Listing courtesy of Listing Agent: Jason Kirklen (jason@kig-usa.com) from Listing Office: Kirklen Investment Group.

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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.