119 14th St - Apartments FOR SALE


Huntington Beach, CA 92648- Downtown Huntington Beach
$5,698,000 USD
949-584-0503
119 14th St, Huntington Beach, CA for Sale
$5,698,000 USD
Apartments - FOR SALE
1/11
null | 2.32% Cap Rate

119 14th St
Huntington Beach, CA 92648
Downtown Huntington Beach


HIGHLIGHTS

  • Incredible "100 Block" Location in Downtown
  • Abundant Parking - 14 Total Garages
  • 2- and 3-Bedroom Units
  • Two Adjacent 4-Plexes; Eligible for Residential Financing
  • Steps to the Sand; Minutes to Main Street and Pacific City
  • Recent Capital Improvements - New Roofs, Electrical Panels, and Decks

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$5,698,000 USD

PRICE/SF

$1,320 USD /SF

# OF UNITS

8

PRICE/UNIT

$712,250

CAP RATE

2.32%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1973

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,500 SF

ZONING

R3

APN/PARCEL ID

024-035-11,024-035-12

ASK ABOUT THIS PROPERTY

Damien BreauxMorgan-Skenderian Investment Real Estate GroupMore Info
949-584-0503

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Damien BreauxMorgan-Skenderian Investment Real Estate GroupMore Info
949-584-0503

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.