425 15th
Huntington Beach, CA, 92648 $ 2,925,000
Baths1.0 Sq 4,081 Monthly Estimate*
$ 18,469
Listed by Kirklen Investment Group
Studio for $2,925,000 with 1 full bath. This 4,081 square foot home was built in 1972 on a lot size of 0.1302.
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.
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FeaturesGeneralSewer Public Sewer
Garage Spaces 6
Pool Features None
Year Built 1972
Tenant Pays Electricity Gas
Property Subtype Apartment
Gross Income 170772
Community Features Curbs Gutter(s) Storm Drain(s) Sidewalks
County Orange
Net Operating Income 108564
Operating Expense 57085
Insurance Expense 4612
New Construction false
Property Type Residential Income
MaintenanceExpense 7685
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions plug into phone
City Huntington Beach
Entry Location Front
Senior Community Y/N false
Number Of Units Total 4
MLS Area 699 - Not Defined
Lot Size Units Square Feet
Lot Size Square Feet 5671
Listing Terms Cash Cash to New Loan 1031 Exchange
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 707
Fuel Expense 1056
Trash Expense 1916
Water Sewer Expense 21020
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 25
Property Sub Type Additional Apartment
Taxes 33262
Cap Rate 3.71
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InteriorTotal Stories 2
Common Walls 2+ Common Walls
Laundry Features Common Area
Entry Level 1
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ExteriorParking Features Assigned
Lot Features 6-10 Units/Acre
Water Source Public
Total Parking 6
Lot Size Area 5671
Number of Buildings 1
Building Area Total 4081
Lot Size Acres 0.1302
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 5
Number of Separate Electric Meters 5
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* Excluded FeaturesList ByKirklen Investment GroupBroker
Affordability Calculator
- Monthly Principal & Interest
- $18,469
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Huntington Beach, CA
Average List Price $4,769,365
Percent of Sale Price 63%
About Huntington Beach, CA 200,643 Population
5% Since 2002
$ 88,114 Median Income
42.31 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/28/2026 | $2,925,000 | | Listed Price |