1015 Georgia st, Huntington Beach, CA 92648
Active
$2,600,000
5 Units
10 Beds
6 Baths
4,665 Area(sq.ft.)
Lot: 7,405 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 2 | 2 | No | $ 2,310 | $ 2,310 | $ 2,700 |
| Unit 2 | 1 | 2 | 1 | No | $ 2,300 | $ 2,300 | $ 2,700 |
| Unit 3 | 1 | 3 | 1 | No | $ 3,000 | $ 3,000 | $ 3,000 |
| Unit 4 | 1 | 2 | 1 | No | $ 2,500 | $ 2,500 | $ 2,700 |
| Unit 5 | 1 | 1 | 1 | No | $ 1,650 | $ 1,650 | $ 1,800 |
| 5 | 10 | 6 | $ 11,760 | $ 11,760 | $ 12,900 |
| MLS #: | OC25106441MR |
| Days On Market: | 200 |
| Listing Date: | May 19, 2025 |
| County: | Orange County |
| Property Type: | Residential Income |
| Price per ft2: | $ 557 |
| Price per unit: | $ 520,000 |
| Year Built: | 1978 |
Property Details
A rare, well maintained 5 unit multi-family property located near downtown Huntington Beach. This property is currently occupied with great tenants, 4 of which are on leases and one month to month. There are 3 units with 2 bedrooms, 1 unit that has 3 bedrooms and 1 studio apt. There are 4 single car garages to the front of the building and a separate 2 car garage located to the rear of the property. Each unit is separately metered and the entire property is professionaly managed by a property managment company. However, this property can easily be maintained by an owner/manager and would increase your cap rate. The property is conveniently located just a short distance to downtown, the pier and the beach.Interested in this Listing?
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Income Details
| Rent Control: | False |
| Gross Operating Income: | $ 132,313 |
| Total Annual Expense: | $ 29,337 |
| Net Operating Income: | $ 91,078 |
| Cap Rate: | 3.5% |
Structure
| Community Features: | Curbs, Sidewalks, Storm Drains, Street Lights |
| Sewer: | Public Sewer |
| Water: | Public |
Land & Parking
| Land Lease Type: | Fee |
Interior
| Heating: | Central |
| Laundry: | Laundry Area |
Exterior
| Pool: | No |
Detailed Map
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Income
