Prime 6-Unit Investment Opportunity in Huntington Beach Situated just minutes from the coast, 425 13th Street presents a rare chance to acquire a well-maintained 6-unit multifamily property in one of Southern California's most sought-after beachfront markets. Each unit features its own private enclosed garage an in-demand perk for both tenants… Read More and property owners. Additionally, the property offers four extra open parking spaces. In December 2024, the entire property underwent a complete repipe, and most of the interiors have been updated with new flooring, windows, appliances, and more. With no city-level rent control, and the property falling under AB-1482, landlords enjoy greater flexibility with rent increases in this high-demand rental area. Furthermore, five of the six units feature balconies or patios, providing valuable outdoor space for tenants. This marks the first time the property has been available on the market since the original owner acquired it directly from the developer, making it a truly unique opportunity with pride of ownership throughout. Whether you're an experienced investor or seeking to add a stable beachside asset to your portfolio, 425 13th Street offers a prime location, strong long-term growth potential, and current rental income. DO NOT DISTURB THE TENANTS. Read Less
Property listed by Realty Investment Advisors, Inc., Benjamin Lalezari
Listing Snapshot
Days Online
2
Last Updated
Property Type
Other
Beds
8
Square Ft.
4,762
Lot Size
0.13 Acres
Year Built
1970
MLS Number
25524221
30 Days Snapshot Of 92648
$2,365k
+41%
(avg) sold price
18
-28%
homes sold
98
-2%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1970, Building area total: 4,762, Levels: Two, Living area: 4762, 2 stories, 1 building
Cooling
None
Garage
6 spaces
Heating
WallFurnace
Income
Gross income: $119,540, Net operating income: $63,180
Laundry
CommonArea
Lot
0.13 acres, 5,663 square feet, Size: 5,663
Parking
4 open parking spaces, 10 totals parking, DoorSingle, Garage, OneSpace
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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